Reuters reports that Delphi, the auto parts maker in Chapter 11, only intends to keep four plants in the US.
The Wall Street Journal writes that Cerberus is beginning a road show to raise $62 billion in debt.
The New York Times writes that Hollywood studios are beginning to work aggressively to get their content on to handheld wireless devices.
FT reports that hedge fund Amaranth built up large enough positions in natural gas futures that it caused the market to spike up.
Douglas A. McIntyre