Crude Soars 5%; Ford and CAW Begin Talks; China Offering 6 Billion Yuan Sale; IBM Reiterates 2009 Earnings; Australia’s Business Confidence Elevates Asian Stocks; France Telecom and Deutsch Telekom Planning U.K. JV; Mobius Warns About Brazil Stock Sale
ECB Holds Rates at 1%; Shanghai Soars; Oracle-Sun Deal Faces European Probe; Dainippon Agrees to Buy Sepracor; South Korea 2Q GDP Moves 2.6%; OECD Says Global Recession May Be Over; Vale Restarting Idled Iron Ore Mines; Cerberus: No Withdrawals for 3 Years; Gold Nears $1,000 Mark
Japan Election Rout Shakes Shares; Shanghai Composite Falls Nearly 7%; Walt Disney Adding Marvel to its Roster; Baker Hughes Buys Rival BJ Services; PetroChina Gaining Athabasca Tar Sand Control; Petrobras Wants 30% Stake in Brazil Reserve Wells; India’s Economy Grows 6.1%; JPMorgan: China-Taiwan Interested in Mutual Opportunities; Funds Dumping U.S. Consumer Stocks
Japan’s Economy Grows; Home Builder Confidence Up; New York Manufacturing Rises; Credit Card Defaults Stabilize in July; MSNBC Buys “Hyperlocal” News Aggregator; Reader’s Digest Files for Bankruptcy; Lowe’s Profit Falls 19%
Oil Rises on China Demand, Slowing U.S. Recession; Homebuilder Shares Surge After Order Increase; Natural Gas ETF to Suspend New Share Offers; Microsoft to Bring Office to Nokia Smartphones; J.D. Power: Auto Sales to Surge Next Year; WTO: China Violated Trade Rules on Books and Movies; Despite Shrinking Sales, Macy’s Beats the Street
Markets Fall On Profit-Taking; Southwest Ups Bid For Frontier; GM to Sell Cars on eBay; Dish Subscribers Grow, Profit Falls; U.S. Consumer Bankruptcies on the Rise; Nobel Nod; McDonald’s Same-Store Sales Up 4.3% in July; BofA Pays $55 Million in Countrywide Employee Settlement
All Three Markets Rise on Earnings Beats; Government Now Citi’s Biggest Shareholder; Jobless Claims Up but Subsiding; Crude Surges More Than 5%; Motorola Surprises; Recession Takes a Toll on House of Mouse; Ballmer Defends Yahoo Partnership; Southwest Makes Bid for Frontier
Goldman Goes to Defends Energy Trading; Consumer Confidence Falls on Job Worries; Home Price Erosion Continues to Slow; Congress Works to Ban Incentive Pay, Give Shareholders a Voice on Bonuses; IBM Expands Its Data-Crunching Business;
Verizon Lays Off 8,000 as Profit Sinks 21%; Bulls Run in Monday Markets; SEC Seeks to Limit “Naked Shorting;” New Single-Family Home Sales Rise in June; Oil Rises 1.4%; Deutsche Bank: Windows 7 Could Trigger New Enterprise Tech Investments; Video Game Industry Takes Hit From Recession