News Digest 6/5/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, nuclear energy is beginning to make a comeback

Reuters reports that Vodafone (VOD) said Verizon Wireless is in talks to buy Alltel.

Reuters writes that Corporate Express will open its books to potential buyer Staples (SPLS).

Reuters writes that Bernanke said US inflation is too high.

The Wall Street Journal writes that a clash between Steve Ballmber and BIll Gates eight years ago lead tothe company’s current management structure.

The Wall Street Journal writes that a Walton will join the Wal-Mart (WMT) board in what could be the early stages of a management change.

The Wall Street Journal writes that Yahoo! (YHOO) rebuffed Carl Icahn’s last attack.

The Wall Street Journal writes that Ford (F) and GM (GM) narrowed the quality gap between themselves and their rivals in the latest JP Power survey.

The Wall Street Journal writes that Lehman Bros (LEH) is open to having one large investor.

The New York Times writes that investors are pouring billons of dollars into farming.

The New York Times writest that the Big Three are competing for a shrinking truck market.

The New York Times writes that Monsanto plans to create seeds that would sharply increase crop yields.

The New York Times writes that E^Trade (ETFC) will make it easier to trade on a RIM (RIMM) Blackberry.

The FT writes that short bets against Lehman (LEH) are at record levels.

The FT reports that United (UAUA) will cut its fleet and jobs.

Bloomberg writes that MBIA (MBI) and Ambac (ABK) may give up their fight to keep Aaa ratings as Moody’s (MCO) said it may downgrade them.

Douglas A. McIntyre