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Microsoft, News Corp weigh web pact: source

Microsoft Corp has had talks with News Corp about a tie up, which would involve News Corp getting paid to take its news websites off Google Inc, a source familiar with the matter said on Sunday.

FINANCE

BofA may extend CEO search into 2010: report

Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, according to a report on the Bloomberg News website.

FINANCE

A bank employee poses holding U.S. one hundred dollar notes at a bank in Seoul

Dollar still seen as world's reserve currency: Bullard

The dollar's appreciation at the height of the financial crisis shows that markets still view the dollar as a safe haven and the world's main reserve currency, a senior Federal Reserve official said on Sunday.

Indian PM says no substitute for U.S. dollar: report

FINANCE

Kraft weighs higher Cadbury bid as rivals circle: source

Kraft Foods Inc may raise its offer for British chocolatier Cadbury Plc or offer more cash in its bid if rival takeover offers emerge, a source familiar with the situation said on Sunday.

FINANCE

Waste firm values have plenty room to rise: report

Current valuations of waste managers such as Waste Connections Inc , Waste Management Inc and Republic Services Inc give the company's shares a lot of room to rise, according to a Barron's story.

 
U.S. Senators

Healthcare reform faces challenges in U.S. Senate

President Barack Obama's U.S. healthcare overhaul plan has cleared an important Senate hurdle but lawmakers warned on Sunday of challenges ahead in winning support for passage, even among Obama's own Democrats. Full Story

Daily Outlook

Challenges for Healthcare Reform; Internet Pay for Play;CEO Delay at BofA?

  • Democrats will be debating even amongst themselves as the Senate healthcare reform bill goes on the agenda
  • Will Microsoft be willing to pay News Corp for removing itself from Google??
  • Bank of America's search for a new CEO may extend into next year, according to a report

Inside IBT
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EBay completes sale of Skype
FINANCE
EBay completes sale of Skype
EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.
Chrysler 200C concept car on display at the Walter P. Chrysler museum in Auburn Hills, Michigan
FINANCE
Chrysler could lose more than 100 U.S. dealerships
More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.
News of AOL cutting 2,500 jobs is seen on an electronic news ticker in New York
INDUSTRIES
AOL shows worst not over for media job cuts
If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over.
Google PC will start in seven seconds or less
TECH
Google PC will start in seven seconds or less
New Google Inc software will start up a computer as fast as a television can be turned on, the search company said on Thursday as it showed off its Chrome operating system designed for PCs that do their work on the Web.

INDUSTRIES
Hershey merger talk makes waves in a company town
In a company town where the street lamps are shaped like chocolate Kisses and orphans are cared for with corporate largesse, the prospect that America's biggest chocolate maker may merge with a foreign entity has unnerved some people.

ENERGY
Big Oil to Congress: Expand offshore drilling
Executives from two major oil companies told Congress on Thursday that the U.S. government should open more offshore areas to oil and natural gas drilling so America can rely less on foreign suppliers.
EBay completes sale of Skype
FINANCE
EBay completes sale of Skype
EBay Inc said on Thursday it had completed its sale of its Skype unit, as it had vowed to do before the end of the year.
Chrysler 200C concept car on display at the Walter P. Chrysler museum in Auburn Hills, Michigan
FINANCE
Chrysler could lose more than 100 U.S. dealerships
More than 100 Chrysler Group LLC U.S. dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the process said on Thursday.
News of AOL cutting 2,500 jobs is seen on an electronic news ticker in New York
INDUSTRIES
AOL shows worst not over for media job cuts
If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over.
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