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PRESS DIGEST - Washington Post Business - April 2

Tue Apr 1, 2008 11:39pm EDT
 
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WASHINGTON, April 1 (Reuters) - The Washington Post included the following items on the front page of its April 2 business section. Reuters has not verified these stories and does not vouch for their accuracy.

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Under pressure from voters to address the U.S. housing crisis, Senate Republicans agreed to work with Democrats on a compromise plan to stimulate sagging home sales and help distressed homeowners avoid foreclosure.

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Recent disclosures about airline maintenance problems have raised concern in Congress and among safety experts about carriers' maintenance practices. They said they were also worried about regulatory oversight of an industry that has been outsourcing increasing amounts of its repair work.

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U.S. stocks rose sharply after two large banks said they were raising billions of dollars in new cash, reflecting renewed confidence in the health of financial firms.

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