Reuters: E-mails and the credit crisis will be key to the trial of Bear Stearns workers.
Reuters: The approval process for Tengzhong to buy Hummer has started in China.
Reuters: Philips Electronics (NYSE:PHG) beat expectations.
Reuters: Liz Claiborne’s (NYSE:LIZ) decision to sell its brands at J C Penny (NYSE:JCP) should help both companies.
Reuters: Citigroup (NYSE:C)) is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends.
Reuters: Lazard (NYSE:LAZ) chief Bruce Wasserstein is in the hospital.
Reuters: Small US firms are being crushed by the credit crisis.
WSJ: CNOOC may offer a rival bid to Exxon’s (NYSE:XOM) for developing a Ghana oil field.
WSJ: Companies are granting options to executives prior to M&A activity. The practice was done at Omniture (NASDAQ:OMTR), which was bought by Adobe (NASDAQ:ADBE), and Marvel (NYSE:MVL) ,which was bought by Disney (NYSE:DIS).
WSJ: China is using futures exchanges to fight high commodities prices.
WSJ: Microsoft (NASDAQ:MSFT) said the T-Mobile clients using handsets powered by the software company’s products may loss key data on their phones.
WSJ: The SEC investigation is hurting already struggling KB Homes (NYSE:KBH).
WSJ: Comcast (NASDAQ:CMCSA) wants the muscle of NBC Sports.
WSJ: Lufthansa will offer advanced wireless connections on all of its long-haul flights.
WSJ: Foreclosures are rising among expensive housing.
WSJ: Investors are betting on Google’s (NASDAQ:GOOG) shares ahead of earnings.
WSJ: Consumers are being asked to save more and spend more at the same time.
WSJ: Wells Fargo’s (NYSE:WFC) takeover of Wachovia will allow it to expand its mutual fund business.
WSJ: Financial firms are having to set aside money for off balance sheet funds.
NYT: The Administration is upping attacks on News Corp’s (NYSE:NWS) Fox News.
NYT: Google (NASDAQ:GOOG) and IBM (NYES:IBM) are offering university students tools to handle vast amounts of complex data.
NYT: E-commerce companies are getting better at encouraging people to buy things that abandon at online stores.
NYT: Clicks on display ads are dropping quickly.
FT: Blackstone (NYSE:BLK) will list a number of the firms that it owns.
FT: The US pay czar is getting tough on AIG (NYSE:AIG) pay packages.
FT: Many investors are urging Bank of America (NYSE:BAC) to hire an outside chief.
Bloomberg: Soros will put $1 billion into green technology.
Douglas A. McIntyre