According to Reuters the Asia central banks put extra cash into the banking systems as markets there fell sharply.
Reuters writes that Man Group, the UK hedge fund, has delays its IPO.
Reuters writes that Toyota (TM) sees slower growth in the US.
Reuters writes that Buick tied Lexus in the JD Power reliability study, the first time the US brand has finished in first place.
The Wall Street Journal writes that Countrywide Financial (CFC) said the credit markets could affect its financial position.
The Wall Street Journal reports that the SEC is checking the books of banks including Bear Stearns (BSC) and Goldman (GS) to see whether they may be hiding mortgage investment loses.
The WSJ writes that profits at refiners are dropping as the price of gas comes down.
The WSJ writes that chip demand drove up profits at Nvidia (NVDA).
The WSJ reports that Electronic Arts (ERTS) and Hasbro (HAS) will create video games based on popular games like Monopoly.
The WSJ reports the niche channels are moving off cable to the internet.
The New York Times reports that Goldman Sachs (GS) size has not protected its stock price.
The NYT reports the Universal Music will begin selling music without copy protection.
FT writes that Chrysler is trying to expand in markets outside the US.
Barron’s reports that shares in Emulex (ELX) fell after it reported modest earnings
Douglas A. McIntyre