Reuters: Social media such as Twitter may not be worth as much as many people believe because of challenges they face in bringing in revenue.
Reuters: The arrests of Rio Tinto (RTP) employees in China reflects the nation’s financial jitters.
Reuters: CIT (CIT) financial problems could have a wide impact.
Reuters: UBS (UBS) is hoping to delay a trial on tax evasion by clients in the hope of reaching a settlement.
Reuters: Bank of America (BAC) is trying to avoid paying billions in fees to the government for covering losses at Merrill Lynch.
Reuters: Six out of ten companies plan to skip upgrading to Microsoft (MSFT) Window 7, some for economic considerations.
Reuters: Microsoft (MSFT) is pitching the sales of its Razorfish division to several large ad companies.
Reuters: VW upped it bid for half of Porsche.
Reuters: Geithner says it is too soon to look at more stimulus.
Reuters: RSC Holdings is seeing a bottom in the construction business.
Reuters: The Goldman Sachs (GS) profit bonanza could have a backlash.
WSJ: CIT (CIT) is worried that large numbers of its customers will flee due to its financial problems.
WSJ: Companies that sell basic goods and services could be good investments during a jobless recovery.
WSJ: Berkshire Hathaway (BRK.A) is pulling back from risk at its insurance units.
WSJ: Michigan’s slump spread to healthcare.
WSJ: A retail trade group is launching and attack on Wal-Mart (WMT) over its support of the government’s healthcare plan.
WSJ: China risks foreign deals after detaining several Rio Tinto employees.
WSJ: Lennar admitted it had bad dry-wall in some of its homes.
WSJ: US airlines are facing a credit squeeze.
WSJ: Beijing Automotive has big plans for Opel if it buys the company.
WSJ: Libya will decide whether Verenex Energy, which has drilling rights in the country, can be sold to Chinese interests
WSJ: Dubai real estate is facing a slump.
WSJ: Texas Instruments (TXN) is dialing back on its wireless baseband business.
WSJ: News Corp’s (NWS) MySpace will work on becoming more of an entertainment site.
WSJ: China State Construction-Engineering may be the largest IPO of the year.
WSJ: Investment banks are suddenly interested in small IPOs.
WSJ: Wall St. is having trouble figuring out what the economic value of Apple’s (AAPL) App store has for the company.
WSJ: The biotech industry is moving closer to seeking Congressional legislation to protect its products from generics.
WSJ: Porsche’s board will look at an investment from Qatar.
NYT: Goldman Sachs (GS) may have earned $2 billion in the last quarter.
NYT: A study of the period around the 2008 election shows that traditional media had stories before blogs.
NYT: The Washington Post (WPO) may have made a decision about keeping a columnist based on web traffic.
NYT: Talking Points Memo raised up to $1 million to expand staff.
NYT: The Swiss Postal Service is moving the ability to read mail online.
NYT: The San Francisco Chronicle will outsource its printing.
FT: Microsoft (MSFT) will step up its war against Google (GOOG) by moving some of its software online.
FT: Russia and China are doing more oil M&A deals.
FT: Boutique investment banks are winning a large share of M&A deals.
FT: European conglomerates are finding diversification does not help in a recession.
Bloomberg: Emerging market share prices are the most expensive they have been since 2007.
Douglas A. McIntyre
