BUSINESS MEMO: EURO RATES UP

Markets flinched but the euro soared when the European Central Bank surprised analysts Thursday by boosting its key interest rates a higher-than expected half percentage point a move criticized by some as too much too soon. The hike to 4.25 percent was the fourth this year and caught investors and economists off-guard, who were expecting a more modest quarter-point increase. Some worried that a sharper increase could stifle Europe's recovering economy...