Higher income taxes, steeper service cuts in store for California - Contra Costa Times

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SACRAMENTO California residents will pay an additional personal income surtax while aid for low-income people will be slashed under a decision announced today by two senior finance officials. The ruling by Gov. Arnold Schwarzeneggers finance …


Germany not planning to merge Hypo, Eurohypo - Reuters

BERLIN, March 28 (Reuters) - The German government denied a magazine report that there were plans to merge stricken German lender Hypo Real Estate ( HRXG.DE ) with Commerzbanks ( CBKG.DE ) unit Eurohypo. There are no such deliberations, finance …

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