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NATIONAL BRIEFING

A software glitch crippled the baggage system at an American Airlines terminal at Kennedy Airport.
A software glitch crippled the baggage system at an American Airlines terminal at Kennedy Airport. (By Rick Maiman -- Associated Press)
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Defense analysts called Murtha's move an attempt to exercise control over the tanker deal, and possibly delay it into the next administration.

LEGAL

Conn. Sues Rating Agencies

Connecticut sued three of the nation's leading credit rating firms, alleging they gave artificially low ratings to cities and towns that ultimately cost taxpayers millions of dollars in unnecessary insurance and higher interest payments.

State Attorney General Richard Blumenthal and state Consumer Protection Commissioner Jerry Farrell Jr. filed the lawsuit in Hartford Superior Court against Moody's, Fitch, and McGraw-Hill, the parent company of Standard & Poor's.

Anthony Mirenda, a Moody's spokesman, said that company officials considered the allegations to be "without merit." Fitch released a statement calling the action "an unfortunate development." McGraw-Hill also said that the lawsuit had no merit and that the company intends to fight it.

EARNINGS

Starbucks, which is closing stores and cutting office jobs amid weak U.S. sales, reported a third-quarter loss of $6.7 million compared with a profit of $158.3 million a year earlier. Revenue rose 9 percent, to $2.57 billion, mainly from sales at international stores and and new U.S. locations.

Compiled from reports by Washington Post staff writers, the Associated Press and Bloomberg News.


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