Excerpt From Bloomberg.com

March 23 (Bloomberg) -- TD Banknorth Inc., the U.S. consumer-banking unit of Toronto-Dominion Bank, plans to cut 400 jobs and close as many as 24 branches in New Jersey, New York and other states after profit declined in five of the last seven quarters.

Google News Headlines

CNNMoney.comYouTube gets a rivalComputerworld - 2 hours agoMarch 22, 2007 (Computerworld) -- In a frontal assault on rival Google Inc. and its wildly popular online video division, YouTube Inc.
SabahOracle files lawsuit against rival SAPSan Jose Mercury News - 46 minutes agoBy Ryan Blitstein. Redwood City software maker Oracle filed a lawsuit today against arch-rival SAP, alleging "corporate theft on a grand scale" by the German software company.European UnionMinisters approve 'Open Skies' pactMoneyweb - 1 hour agoEU transport ministers backed a landmark accord on trans-Atlantic air travel that will widen opportunities for both European and US carriers, notably at London's Heathrow.

Euro falls in relation to dollar

The Euro falls slighty against the dollar. Interest rates in Euroope have been rising, while in
U.S. they have stayed the same. According to the Houston Chronicle.

Boyscout found in N.C. Mountains.

Boy Scout found in the mountains, so there was no childhood molesters or kidnappers involved.
Great Britain's inflation raises a modest 2.8% for last 12 months. Barclay Bank stocks and
ABN Amro stocks are on the rise. It's a sad week for animal lovers, what's worse - the petfood
companies knew about contamination last month.

Bank Merger between 2 European Banks

British Bank and ABN Amro ( A Dutch Bank) will be soon one of the 5 largest banks in the world.
First Airbus A380 s land in U.S. on in New York and one in L.A. Airbus hopes to get some
U.S. customers.

Walmart gives up on idea of takeover of banking

Usually it's goals are accomplished. However, Congress made such an uproar, that Microsoft abandons it's delusions of grandeur. Get ready to see the two giants, Microsoft and Cisco fighting in a ring near you.

Walmart has its eyes on banks

Congressmen are fearful that Walmart is trying to get into the Banking Business in a big way.
Bernake warns against the mixing of commerce with banking - thinks we should keep them
separate.