According to Reuters, Toyota (TM) cut production and Nissan was downbeat about its prospects.
Reuters reports that if a new CEO at Yahoo! (YHOO) wants to be well-regarded by shareholders, he or she must be willing to do a deal with Microsoft (MSFT).
Reuters reports that oil is trading steady around $54.
Reuters reports that Boeing (BA) is adding almost three months to the delivery dates of many of its planes.
Reuters reports that the head of Nomura says the global liquidity crisis is over.
Reuters reports that Mark Cuban responded to SEC charges and said he had done nothing wrong.
Reuters reports that a group of CEOs said the US needed a new $300 billion stimulus package.
Reuters writes that Ford (F) said it could wait until 2009 for a bailout loan.
The Wall Street Journal reports that the off-label use of a Medtronic (MDT) implant for promoting bone growth is facing a probe after the FDA warned about improper practices.
The Wall Street Journal reports that "Google (GOOG) and Procter & Gamble (PG) are swapping employees as P&G seeks to learn how to market products online and Google tries to persuade advertisers to shift away from TV."
The Wall Street Journal reports that top financial traders still expect big compensation.
The Wall Street Journal reports that the home-builder index hit a new low.
The Wall Street Journal reports that online retail growth is slowing.
The Wall Street Journal reports that US cars still lag competition in resale value.
The Wall Street Journal reports that Microsoft plans to offer free software to protect PCs from viruses which could hurt sales at Symantec (SYMC) and McAfee (MFE).
The Wall Street Journal writes that weak LCD demand is hurting Corning (GLW).
The Wall Street Journal reports that producer prices posted a decline.
The Wall Street Journal reports the sold-off corporate loans may see their value worsen.
The Wall Street Journal said the ratings of Citadel’s top fund were cut.
The Wall Street Journal reports that GE (GE) reorganized it financial arm to save $2 billion.
The Wall Street Journal reports that a new report says the economy in Dubai is the most at risk among nations in the Middle East.
The Wall Street Journal reports that Saks (SKS) reported a loss and said it may drop some vendors.
The Wall Street Journal reports that MGM (MGM) named a new CEO.
The Wall Street Journal reports that Yum (YUM) is expanding its Taco Bell franchise overseas.
The New York Times reports that unsold foreign cars are jamming ports on the West Coast.
The New York Times reports that China’s car companies are looking for bailouts.
The New York Times reports that Congress denounced Treasury for its use of bailout finds.
The New York Times reports that the credit crisis is cutting the advantages of corporate bankruptcies.
The New York Times writes that HP (HPQ) said earnings would top forecasts.
The New York Times reports that Wal-Mart (WMT) will donate fresh food to help the hungry.
The FT reports that default insurance is hitting a record high due to the weak economy.
The FT writes that Citigroup (C) liquidated a fund which lost 53% of its value in a month.
The FT reports that banks are worried foreclosure aid could increase their writedowns.
The FT reports that Senators are cool to a Detroit bailout.
Douglas A. McIntyre
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