According to Reuters, NBC Universal and partners will by The Weather Channel for $3.5 billion.
Reuters writes that Toyota (TM) will add solar panels to some of its Prius cars.
Reuters writes that broken buy-out deals have strained trust among corporations, banks, and prvate equity firms.
Reuters reports that Merrill Lynch (MER) is considering selling its stakes in Bloomberg and Blackrock.
The Wall Street Journal reports that GM (GM) is considering thousands of job cuts and the sale or closing of some of its brands.
The Wall Street Journal reports that the rising price of oil is causing more fear that crude will hit $200 by the end of the year.
The Wall Street Journal reports that vacancies are rising in retail centers.
The Wall Street Journal writes that plans to revise the bond rating system may not go far enough.
The Wall Street Journal writes that energy and materials stocks may follow the rest of the market lower.
The Wall Street Journal writes that analysts believe S&P 500 earnings will drop 11.5% in Q2, but that number may underestimate problems.
The Wall Street Journal reports that automakers are pushing back on steel surcharges.
The Wall Street Journal writes that Immelt of GE (GE) will have to continue to defend the conglomerate structure of the company.
The New York Times writes that Google (GOOG) must challenge rules of competition and antitrust as Microsoft (MSFT) has done over the last two decades.
The FT writes that InBev has selected an alternative board for Anheuser-Busch (BUD).
The FT reports that delays in making more Toyota Prius cars are testing customer patience.
Bloomberg reports that the LBO market is getting a push forward with the successful buy-out of BCE.
Bloomberg reports that US profits probably fell in the last quarter lead by Citigroup (C) and Merril Lynch (MER)
Douglas A. McIntyre
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