According to Reuters, some auto industry experts think car sales could hit a 15-year low in 2008.
Reuters reports that the OPEC summit ended with members disagreeing about what to do about the weak US dollar.
Reuters also reports that Xerox (XRX) will have its first dividend since 2001.
The Wall Street Journal writes that China is putting a curb on bank lending between now and the end of the year, a move that could hurt that stock market there and the economy.
The Wall Street Journal writes that crude oil production could plateau creating long-term energy shortages.
The Wall Street Journal writes that AMD (AMD) is finally releasing its full platform of chips for building PCs.
The New York Times writes that while most investment firms were making bad decisions in the current credit crisis, Goldman Sachs (GS) made a number of smart moves.
The New York Times writes that global interest in the 700 Mhz frequency band could boost prices at the January FCC spectrum auction.
The New York Times writes that Fox News signed Shepard Smith to an $8 million, three year anchor dea.
The FT writes that OPEC members have united behind higher prices.
The FT reports that support is growing for a super-fund for SIVs as rates for borrowing by banks increases.
The FT writest that the head of GE (GE) called for incentives to build nuclear plants.
The FT writes that concerns about Vista are not preventing adoption of the Microsoft (MSFT) OS.
Barron’s writes that the falling price of EchoStar (DISH) is likely to cause AT&T (T) to make a bid for the company.
Bloomberg writes that Wall St. will pay out $38 billion in bonuses as shareholders loss $74 billion.
Douglas A. McIntyre
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