Mortgage woes affect Citigroup, UBS profit (Louisville Courier-Journal)
Citigroup and UBS warned yesterday that they suffered significant loan-related losses in the third quarter, becoming the latest and biggest banks to reveal huge ill effects from the spike in mortgage defaults and freeze-up in the credit markets.

Briefs: Zayo Bandwidth buys Indiana Fiber Works (Denver Post)
Zayo Bandwidth, a metro fiber company based in Louisville, announced Tuesday it has acquired Indiana Fiber Works, IFW.

Business Highlights (AP via Yahoo! Finance)
The recording industry won a key fight Thursday against illegal music downloading when a federal jury found a Minnesota woman shared copyrighted music online and levied $220,000 in damages against her.

EFFINGHAM EVENTS (Savannah Morning News)
IDA Meeting Cancelled

Business in Brief (Milwaukee Journal Sentinel)
LOCAL Harley shares rise most in 3 years Harley-Davidson Inc. shares rose 5.5%, the most...