Ernst & Young Backs Olam

Olam International Ltd., whose accounting methods were questioned by Muddy Waters LLC founder Carson Block, said it has enough liquidity to withstand “stress” and its auditor stands by its opinion on the company’s accounts.

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U.S. Jobless Claims Fall to 15-Year Low in Holiday Week
25:31 - Jan. 29 -- The fewest Americans in almost 15 years filed applications for unemployment benefits during a holiday-shortened week that typically makes the data more volatile. Jobless claims plunged by 43,000 to 265,000 in the week ended Jan. 24, the lowest since April 2000, a Labor Department report showed Thursday in Washington. Scarlet Fu reports on Bloomberg Television's "In the Loop."
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