According to Reuters, executives at Ford (F) say that they see a tough US market and will cut production as necessary.

Reuters reports that Northern Rock received an injunction from the publication of memos sent to potential buyers.

Reuters writes that executives at the largest drug companies say they are facing their toughest environment ever.

The Wall Street Journal writes that HSBC (HBC) has taken a $3.4 billion charge for its US consumer finance business.

The Wall Street Journal writes that American cars still lag those from Japan and Europe for predicted resale value.

Former book executive Judith Regan filed a $100 million lawsuit against News Corp (NWS).

The Wall Street Journal writes that AT&T (T) and Disney (DIS) have invested in a technology company that can detect pirated movies being sent over the internet.

The New York Times writes that, despite strong reviews, GM (GM) is having trouble increasing sales of some of its models.

The FT reports that John Thain, head of the NYSE, was not on the short list of candidates to run Citigroup (C).

Barron’s reported a rumor that Comcast (CMCSA) might buy WiMax company Clearwire (CLWR).

CNN Money reports that the mortgage markets will get worse in 2008.

Douglas A. McIntyre

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