Today’s Best Market Rumors (10/29/2009) (SNI)(NWS)(YHOO)

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Updated throughout the day.

Updated 10.45 AM EST   There is not as much cash on the sidelines as most investors expect.  (Reuters)

Yahoo! (NASDAQ:YHOO) has frozen hiring on the team evaluating integration with the Microsoft (NASDAQ:MSFT) Bing search platform  (BusinessInsider)

GMAC’s request for more bailout money may hurt the chances of its CEO, Al de Molina, getting the top job at Bank of America (NYSE:BAC)

Galleon may have paid millions of dollars to Wall St. firms for market information.  (FT)

Former NBC CEO Bob Wright thinks an IPO of the unit as a means to get it out of GE (NYSE:GE) are very small. (PaidContent)

The dollar will rally in coming months.  (Forbes)

News Corp (NYSE:NWS) and Scripps Networks Interactive (NYSE:SNI) have made $800 million offers for 65% of the Travel Channel.  (The Deal)

Holiday shopping may drop more than expected this year.  (CNBC)

Douglas A. McIntyre