According to Reuters, News Corp (NWS) CEO Rupert Murcoch says the company is having a strong quarter.
Reuters writes that Yahoo! (YHOO) has entered partnerships to expand its mobile business across Asia.
Reuters writes that the head of OPEC stated that the cartel will make no supply decisions until December.
The Wall Street Journal writes that Bershire Hathaway (BRK) may benefit if bond insurers seek reinsurance to keep their credit ratings high.
The Wall Street Journal writes that the stock boom in China has pushed it financial infrastructure to its limits.
The Wall Street Journal writes that credit agency Fitch downgraded the credit ratings of $37 billion in CDOs.
The Wall Street Journal writes that Wal-Mart (WMT) is changing its healthcare plan in a way that will help a greater number of workers.
THe New York Times writes that Saleforce.com want to become the new Microsoft (MSFT), trying to get thousands of programmers to write applications on top of its software.
The head of agency Publicis warned that internet ad revenue cannot support the valuations of companies like Facebook.
Barron’s writes that the head of Echostar (DISH) says that the country is probably in a recession.
Bloomberg writes that Vodafone’s (VOD) first half numbers beat analyst estimates.
Douglas A. McIntyre
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