According to Reuters, Yahoo! (YHOO) rejected a tie up with Google (GOOG) before the Microsoft (MSFT) bid.

Retuers writes that loses may force Lehman (LEH) to raise another $3.4 billion.

Reuters reports that GM (GM) is expected to cut more costs as sales fall.

Reuters writes that Intel’s (INTC) new small chip "Atom" will try to push its way into the small PC market.

Reuters reports that the top US energy forecaster said oil could stay above $100 through 2009.

The Wall Street Journal reports that shareholder claim that Yahoo! adopted an employee severance plan to kill a deal with Microsoft.

The Wall Street Journal reports that Staples (SPLS) has raised its bid for Corporate Express.

The Wall Street Journal writes that many large advertisers on Google are troubled by smaller advertisers using tradmeked names.

Teh Wall Street Journal writes that Microsoft and HP (HPQ) have put together a search toolbar deal to be placed on the hardware company’s PCs.

The Wall Street Journal writes that Wal-Mart (WMT) will offer free classifed ads on its website.

The Wall Street Journal writes that the Sirius (SIRI) merger with XM Satellite (XMSR) is troubled by a slowdown in consumer demand for their products.

The Wall Street Journal writes that Pfizer (PFE) is looking at ways to keep fundng its large dividend.

The New York Times writes that the International Air Transport Association dropped its forecasts for2008.

The FT writes that George Soros will tell Congress that institutional investments in oil futures are helping drive prices higher.

Douglas A. McIntyre

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