According to Reuters, several British newspapers have confimed that Barclays (BCS) is in merger talks with ABN Amro.
Reuters writes that the head of United Airlines says he would support "open skies" even though it would put him in competition with large airlines like British Air (BAB).
Reuters also writes that unions in Europe and the US would fight the sales of Chrysler (DCX) to a private equity firm.
The Wall Street Journal writes that Community Health Systems is near a deal to buy Triad Hospitals in a move that would break-up a deal with private equity firms and Triad.
The WSJ reports that Time Warner’s (TWX) has a huge hit with the new movie "300".
The WSJ writes that Comcanst (CMCSA) is unhappy with its deal with Google (GOOG) to sell ads on the Comcast web portal and may switch to Microsoft (MSFT) for the service.
The WSJ also writes that Disney (DIS) found that there was options backdating at Pixar, a company run by Steve Jobs which it acquired.
The WSJ also reports that Google (GOOG) has purchased AdScape Media, a company that targets advertising over the internet to video games.
The New York Times reports that Viacom (VIA) is making a significant effort to sell video advertising on its websites including MTV and Comedy Central.
The NYT also reports that Imperial Tobacco (ITY) is increasing its efforts to buy rival tobacco company Altadis after its its initial offer was rejected.
FT reports that China plans to begin developing commercial jets in a challenge to Airbus and Boeing.
Barron’s reports that Bank of America reserch says that share in Intel (INTC) are cheap now saying that there are no broad-based cuts in the chip market.
Douglas A. McIntyre
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