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.
FCC approves Cingular/AWS merger WASHINGTON-The Federal Communications Commission today conditionally approved the \$41 billion merger of Cingular Wireless LLC and AT amp;T Wireless Services Inc.