Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev.

According to Reuters, economists think the PPI will rise 1%.

Reuters writes that a key Yahoo! (YHOO) executive has left for a venture capital firm.

Reuters reports that Adobe (ADBE) posted disappointing earnings.

The Wall Street Journal writes that the Fed is likely to keep rates unchanged.

The Wall Street Journal reports that hedge funds are going though a major shake-out with smaller firms having hte most trouble.

The Wall Street Journal reports the flood in the Midwest could drive food prices higher.

The Wall Street Journal reports that Intel (INTC) will spin-off its solar panel unit.

The Wall Street Journal reports that Barclays (BCS) may seek more capital.

The Wall Street Journal writes that the new CEO of AIG (AIG) says the company still faces major earnings risks.

The Wall Street Journal reports that Disney (DIS) is adding to its list of teenage stars.

The Wall Street Journal writes that hurdles still remain to closing the Sirius (SIRI) merger with XM (XMSR).

The Wall Street Journal writes that newspaper chain McClatchy (MNI) cut 10% of its work force.

The Wall Street Journal reports that Google (GOOG) will try to get Yahoo! (YHOO) instant messaging service to work with its to expand the network of the products.

The New York Times writes that the head of Lehman (LEH) still remains confident about the firm’s future.

The New York Times reports that Honda (HMC) has launched a hydrogen powered car.

The New York Times writes that Bernanke feel healthcare costs may be among largest challenges to economy.

The FT writes that oil hit a new high near $140 a barrel.

According to Bloomberg, fixed income profits at Goldman Sachs (GS) and Morgan Stanley (MS) mask their reliance on commodities.

Douglas A. McIntyre

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