According to Reuters, weak confidence and rising prices are fuelin stagflation fears.
Reuters writes that the long fight between Microsoft (MSFT) and Yahoo! (YHOO) over a takeover will help Google (GOOG).’
Reuters reports that Honda’s (HMC) CEO does not see a recession in the US.
The Wall Street Journal writes that issuers of debt and brokerage houses are requesting that the debt issuers be able to buy there own paper as a way to unlock the frozen auction-rate market.
The Wall Street Journal reports that a merger between Northwest (NWA) and Delta (DAL) has flown into trouble.
The Wall Street Journal writes that the FDA says that it needs more money that has been budgeted to oversee drug safetey.
The Wall Street Journal writes that New York Times (NYT) management will meet with dissident shareholders.
The Wall Street Journal writes that web advertising may be at risk for a slowdown.
The Wall Street Journal writes that Yahoo!’s stake in Asian companies could affec the Microsoft bid.
The Wall Street Journal writes that investors are looking at a deal between the management of Take-Two (TTWO) and the company asking why it is so rich.
The Wall Street Journal writes that CBS (CBS) would look for growth by doing outside deals.
The Wall Street Journal writes that the head of an agency that markets bonds for hospitals and universities blasted brokerage firms from pulling out of the auction rate market.
The New York Times writes that battles of seniority among airline pilots have but most pending airline mergers at risk.
The New York Times writes that anemia drugs sold by Amgen (AMGN) and Johnson & Johnson (JNJ) raise the risk of death among cancer patients by about 10 percent according to a new study.
According to the FT Don Kohn, Federal Reserve vice-chairman remained open to more rate cuts.
Bloomberg writes that debt investors are not certain that MBIA (MBI) deserves its AAA rating.
Douglas A. McIntyre