Morning News Headlines

There’s a lot going on this morning. Here are several business news items of note:

Geithner says the Treasury doesn’t need more bailout money

IMF Says Global Losses From Credit Crisis May Hit $4.1 Trillion

Canada Cuts Rate to 0.25%

The New York Times Posts Loss

Merck’s Earnings Plunge

DuPont 1Q profit falls, cuts outlook

Coca-Cola posts 10% profit drop in Q1

Coach fiscal 3Q profit falls

Broadcom bids for Emulex

Bank of New York Mellon Slashes Dividend

United Technologies’ quarterly profit falls 28%