According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD).

Reuters reports that AIG (AIG) shareholders are demanding board changes.

Reuters writes that the GM (GM) Europe sales chief sees a sales slump.

Reuters reports that Saudi Arabia is bringing the oil producers and consumers together for a summit on the high price of oil.

Reuters reports that Starbucks (SBUX) will open 150 more stories in Europe.

Reuters writes that Washington Mutual (WM) said it had no regulatory problems as its shares sold off.

Reuters reports that continuing concerns about its balance sheet drove Lehman (LEH) shares down.

The Wall Street Journal writes that Citigroup (C) is closing a fund founded by its CEO.

The Wall Street Journal writes that the CEO of Martha Steward (MSO) resigned.

The Wall Street Journal reports that Palm (PALM) will sell its new smartphone through Verizon Wireless.

The Wall Street Journal writes that Ford (F) is accelerating the pace of cutting down its size.

The Wall Street Journal writes that Senators opposed to the Sirius (SIRI) deal with XM (XMSR) are pressing their case.

The New York Times writes that commodities price increases are showing no let-up.

The New York Times writes that the SEC is proposing tighter rules for credit rating companies.

The FT writes that US companies are being taken to task for racial barriers.

Bloomberg write that corn climbed to a record as floods hurt production in the Midwest

Douglas A. McIntyre

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