Shares in Bank of America jumped nearly 25 percent in"premarket trading" this morning after it was reported that billionaire investment guru Warren Buffett is buying a $5 billion stake in the company, The Wall Street Journal's MarketBeat blog writes.
Though the number of claims remained well above the level normally associated with a healthy economy, one factor was temporary. According to Reuters, "Verizon workers filed 8,500 claims for jobless benefits last week, after submitting 12,500 applications the previous week."
Surveillance aircraft provided by the U.S. and, according to British media reports, special forces from the U.K., are helping in the hunt for Libyan leader Moammar Gadhafi, NPR's Lourdes Garcia-Navarro, who is in Tripoli, reported for Morning Edition earlier today.
"It's an all-out effort" as opposition fighters, with help from their international allies, look for Gadhafi, she added.