Update: Verizon (VZ) may consider buying DirecTV (WSJ)
Update: The Apple (AAPL) iPhone will cost an extraordinarily high $303 in China but the monthly service fee will be as low as $18.45 on the China Unicom (CHU) network. (Fortune)
Update: Contrary to other rumors, Palm (PALM) will launch its new Pre handset with Verizon Wireless (VZ)(VOD) (Barron’s)
GE (GE) would consider an offer for NBC, at a premium price. (MarketWatch)
Domestic auto sales will fall 41%in September compared with August. Ford (F) sales will drop over 39%. GM’s 38%, Honda’s (HMC) 45%, and Toyota’s (TM) by 42% (Edmunds)
Parts companies may not supply Chrysler with parts for its new models because the margins will be too low. (WSJ)
UK-based Guardian News and Media may sell its US PaidContent online business. (Daily Finance)
Apple (AAPL) will produce a new iMac in a few weeks. (AppleInsider)
JPMorgan (JPM) may face legal liabilities related to Washington Mutual. (TheStreet).
Douglas A. McIntyre
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