According to Reuters, Lehman (LEH) is close to rasing $5 billion.

Reuters writes that one Goldman analyst see oil at $150 this summer.

Reuters reports that HP (HPQ) has settled its patenet litigation with Acer.

The Wall Street Journal writes that several large investors are asking AIG’s (AIG) board to improve senior management.

The Wall Street Journal reports that the price of gas hit $4.

The Wall Street Journal writes that LandSource filed for bankruptcy.

The Wall Street Journal writes that bond markets are showing concern about inflation and slowing growth.

The Wall Street Journal writes that Wal-Mart (WMT) is cutting deals which highlight its growing influence on music sales.

The Wall Street Journal writes that WiMax patent holders are creating a pool of their IP interests.

The Wall Street Journal writes that banks may have trouble raising capital for a second time as their share prices have fallen.

The New York Times writes that the rural US is being his especially hard by the gas price crisis.

The New York Times writes that The Tribune Company is further cutting costs by shrinking the amount of news its runs in its papers.

The New York Times writes that RBS (RBS) got a 95% take-up on its rights issue to raise over $23 billion.

The FT writes that the head of the New York Fed suggested a global framework of unified regulations.

The FT reports that the US mortgage crisis is shifting to regional lenders.

The FT writes that soaring shipping costs are fueling inflation

The  FT reports that Brazil plans a $200 billion soveign fund.

Bloomberg reports that the price of US corn rose to a record.

Douglas A. McIntyre

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