Updated throughout the day.
The Fed is in talks with money market funds to see if they will help to take $1 trillion out of the financial system (Bloomberg)
Apple (AAPL) has set a deal with some TV networks to allow $1 per show downloads of programs to the iPad. (FT)
AIG (AIG) is prepared to hire banker to take its Asian life insurance business public (Reuters)
Motorola (MOT) will prepare a new break-up plan to spin-off its handset and set-top units (WSJ)
There will be more lay-offs at The New York Times (NYT) (The Wrap)
Douglas A. McIntyre
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