According to Reuters, the government is considering taking over Freddie Mac (FRE) and Fannie Mae (FNM).
Reuters writes that Google (GOOG) thinks that an independent Yahoo! (YHOO) would be better for the search and internet market.
Reuters writes that InBev is close to a deal to buy Anheuser-Busch.
Reuters reports that the value of the Rohm and Hass deal surprised Wall St.
Reuters writes that General Electric (GE) will sell is Japan consumer finance business to Shinsei Bank for $5.4 billion.
The Wall Street Journal reports that growth and inflation were in a dead heat among the concerns of economists in a suvey by the paper.
The Wall Street Journal writes that Microsoft (MSFT) will cut the price of its XBox Pro
The Wall Street Journal reports that the new CEO of Wachovia (WB) is planning a significant overhaul of the bank.
The Wall Street Journal writes that the CEO of GM (GM) say that the company will not reduce brands or file for Chapter 11.
The AP says a News Corp (NWS) link-up with Yahoo! (YHOO) is unlikely.
The New York Times writes that magazine ad sales fell 8% in Q2.
The New York Times reports that regulators penalize may Comcast (CMCSA) for blocking internet file sharing to save bandwidth use.
Bloomberg writes that sales of the Amazon (AMZN Kindle are doing well as reader get novels online.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
