Bank of Canada Raises Overnight Rate  OTTAWA (Reuters) - The Bank of Canada raised its overnight  interest rate a quarter percentage point on Tuesday to 2.50  percent as expected, and made clear it would keep raising rates  even as it lowered its forecast for Canadian growth.
US Airways Seeks Court Approval To Cut Union Pay - Report US Airways will ask a bankruptcy court judge to impose emergency pay cuts of 23 percent on its major unions, according to a newspaper report late on Thursday.