Barclays have up to 31 March to join the Treasury's asset insurance scheme for "toxic loans". Barclays have submitted three portfolios of assets to the government for consideration. Barclays profit for 2008 was £6.08bn ($9bn) - a profit despite the fallout in financial markets.
AT&T is creating 3000 jobs as it plans to ramp up capital spending in '09 by investing in broadband and wireless networks. It added data traffic on its network was growing 50% YoY.
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