Updated throughout the day.

Citigroup (NYSE:C) will be able to avoid about $38 billion in taxes under an agreement with the government  (Washington Post)

Playboy’s (NYSE:PLA) buyout talks with Iconix have fallen apart (Bloomberg)

Goldman Sachs (NYSE:GS) won a court case over how Lehman assets should be distributed to clients  (FT)

Abu Dhabi loaned Dubai $10 billion based on five year bonds which pay 4%. (Bloomberg)

Microsoft (NASDAQ:MSFT) Bing will soon run on Android-powered handsets  (CNET)

Douglas A. McIntyre