According to Reuters, Sprint (S) will launch a wireless shopping network to enhance its revenue.

Reuters writes that supply worries are keeping the price of crude high.

Reuters writes that a federal court stayed part of a ban on import of certain handsets containing Qualcomm (QCOM) chips.

Reuters writes that Alcatel-Lucent (ALU) has cut its full year revenue targets.

The Wall Street Journal writes that the head of the UAW said the setting up a health fund run by the union with money from the Big Three is something that he would consider.

The Wall Street Journal reports that Carlox Ghosn defended his decision to run both Renault and Nissan.

The Wall Street Journal reports that Sun (JAVA) would install Microsoft (MSFT) Windowns on some of its servers.

The Wall Street Journal found that private equity firms make most of their money from management fees that they charge their investors.

The Wall Street Journal writes that a fall in imports of Chinese goods could hurt some corporate profits.

The New York Times writes that European car makers are betting that US consumers will accept diesels as an alternative to Japanese hybrids.

The FT writes that the Nintendo Wii has passed the Microsoft (MSFT) Xbox as the leading game console in total sales.

Barron’s writes that the CFO of Syntax-Brillian (BRLC) resigned and shares fell.

Douglas A. McIntyre

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