According to Reuters, Lehman (LEH) will release earnings a week early after its stock dropped 45%.

Reuters reports that OPEC agreed to a surprise production cut.

Reuters reports that CFOs are more optimistic about the US economy.

Reuters reports that Nokia (NOK) has entered into a corporate e-mail deal with Microsoft (MSFT)

The Wall Street Journal reports that Berkshire Hathaway (BRK) told a subsidiary to stop insuring deposits above the amount guaranteed by the FDIC

The Wall Street Journal reports that RIM (RIMM) is introducing its first clam-shell phone in a bid to increase market share.

The Wall Street Journal reports that the US budget deficit will probably double in fiscal 2008.

The Wall Street Journal reports that the S&P 500 dropped Fannie Mae (FNM) and Freddie Mac (FRE).

The Wall Street Journal writes that Apple (AAPL) introduced new versions of the iPod.

The Wall Street Journal writes that Credit Suisse will start charging some new clients to speak to their stock analysts.

The Wall Street Journal reports that Sirius XM (SIRI) cut back growth estimates.

The Wall Street Journal reports that Time Warner’s (TWX) AOL has updated its site to win back users.

The Wall Street Journal reports that NetFlix (NFLX) is preparing to start streaming movies over the internet.

The Wall Street Journal reports that a federal appeals panel ruled that a securities lawsuit over Vioxx can go forward against Merck (MRK).

The Wall Street Journal reports that a new survey will show speculators are to blame for some of the volatility in oil prices.

The Wall Street Journal reports that auto sales fell in China.

The Wall Street Journal writes that China’s August trade surplus hit a monthly record.

The New York Times reports that some members of Congress want the exit packages for the CEOs of Fannie and Freddie to be cut.

The New York Times reports that Boeing (BA) has the ability to last through a long strike because of its balance sheet.

The FT reports that the S&P 500 had its biggest drop in a year.

The FT reports that Chinese inflation fell sharply last month.

Bloomberg writes that commodity index investors, blamed for record oil prices, sold $39 billion worth of oil futures between their July record and Sept. 2, causing crude to plunge.

Douglas A. McIntyre

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