According to Reuters, several retailers cut holiday forecasts and the economy slows.
Reuters writes that Chrysler has reached an accord with the UAW.
Reuters reports that Boeing (BA) has delayed delivery of its Dreamliner 787.
Reuters reports that Sony Ericsson topped its forecasts but average handset prices were down.
The Wall Street Journal writes that Madonna is close to leaving Warner Music (WMG) for a $120 million deal with Live Nation.
The Wall Street Journal writes that cable companies are trying to catch up with satellite TV providers on the number of HDTV channels that they can offer.
The Wall Street Journal reports that the FDA approved a drug-coated stent from Medtronic (MDT)
The New York Times writes the SEC. has been asked to investigate stock sales by Angelo R. Mozilo, Countrywide’s (CFC) chief executive
The FT writes that Morgan Stanley (MS) and Goldman Sachs (GS) have had to write down more debt due to problems in the mortgage market.
The FT writes that GE (GE) will decide the fate of NBC after the Olympics.
Barron’s writes that Merrill Lynch upgraded its price target on Google (GOOG) to $740.
CNN Money writes that Mattel (MAT) directors have been sued for insider trading.
Douglas A. McIntyre