According to Reuters, oil fell another $1 to $109.
Reuters writes that Coca-Cola (KO) will pay $2.5 billion for Chinese juice maker Huiyuan,
Reuters writes that Google (GOOG) believes the its new browser will replace desktop software.
Reuters reports that HSBC (HBC) and a Chinese bank may be interested in putting money into Lehman (LEH)
Reuters writes the Kraft (KFT) will focus on only ten brands overseas.
Reuters writes that Morgan Stanley (MS) is raising a $10 billion property fund.
Reuters writes that if oil drops below $100, OPEC may make production cuts.
Reuters reports that Rupert Murdoch would like to buy The New York Times (NYT),
The Wall Street Journal writes that the IMF said the world’s largest sovereign-wealth funds reached a "preliminary agreement" to follow principles for commercial investment.
The Wall Street Journal writes that Chinese funds have cut their position in Fannie Mae (FNM) and Freddie Mac (FRE).
The Wall Street Journal reports that US companies are helping China’s new jet maker.
The Wall Street Journal reports that Apple (AAPL) is hinting it will bring out new versions of its iPod.
The Wall Street Journal reports that top talent at Motorola (MOT) is leaving.
The Wall Street Journal reports that Dell (DELL) plans to offer a "netbook" with limited features.
The Wall Street Journal reports that top Russion carriers will begin to sell the Apple iPhone.
The New York Times reports that drops in oil prices are doing little to help consumers.
The New York Times reports that Boeing (BA) is waiting for the results of a union vote to strike.
The New York Times writes that protests have kept Tata Motors from opening its plant set to build the cheapest car in the world.
The FT writes that $100 oil is on the horizon.
The FT writes that Abu Dhabi will put another $1 billion into movie production partnerships.
Bloomberg reports that British consumer confidence is at a four-year low.
Douglas A. McIntyre
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