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
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