Four money market funds are losing money as the $3.5 trillion sector that long had been considered as safe as cash is buffeted by the turmoil on Wall Street. Yesterday, four mutual funds firms took extraordinary steps to calm investor fears and protect customer investments.

Talks aimed at rescuing Lehman Brothers Inc. investment bank were fruitless but Bank of America has offered to buy Merrill Lynch, The New York Times reported.

Tokyo, March 31 (Jiji Press)--U.S. brokerage house Lehman Brothers Inc. has filed a lawsuit against major Japanese trading house Marubeni Corp. , claiming damages totaling 35.2 billion yen for a bogus investment scheme, sources familiar with the matter said Monday.

DALLAS, Feb. 29 /PRNewswire-FirstCall/ -- Dean Foods Company today announced that the Company has agreed to sell approximately 18.7 million shares of common stock in a registered public offering underwritten by Lehman Brothers, Inc.