According to Reuters, mergers and acquistions are surging worldwide with a focus on real estate, mining and media companies.
Reuters writes that supporters of the open source operating system Linux are preparing to battle Microsoft which has set up an arrangement for the software giant to be paid for implementations of the free software. Microsoft’s deal with Linux provider Novell is upsetting some in the open source community.
Reuters also writes that Nasdaq may up its offer for the London Stock Exchange, if the LSE will recommend a higher price that would be acceptable.
Reuters also reports that Korean Air will buy $5.5 billion in Boeing aircraft.
The Wall Street Journal writes that Comcast is near a deal with Disney to offer its prime time programming on demand. The deal would include popular programs including "Lost" and "Desperate Housewives".
The Wall Street Journal writes that the generic drug industry could get a boost from the Democrats who want to cut healthcare costs.
The New York Times reports that as online companies like Google show an interest in brokering tradition media, ad agencies are beginning to worry.
The New York Times also reported that Target is expanding its $4 drug program in a move to compete with Wal-Mart.
Douglas A. McIntyre