Daily Wrap Up - Nov 22
Challenges for Healthcare Reform; Internet Pay for Play;CEO Delay at BofA?
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. Read Full Article here.
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. Read Full Article here.
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. Read Full Article here.
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. Read Full Article here.
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. Read Full Article here.
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. Read Full Article here.
eBay says fixes search glitch on website
eBay Inc said on Sunday it had restored a search function on its website overnight Saturday after a glitch led to searches returning either limited or no results throughout the day. Read Full Article here.
NY Times to Goldman Sachs: Pay up to cut public debt
A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt. Read Full Article here.
Obama asks for patience on economy
President Barack Obama on Saturday urged Americans to show patience over the economy and argued that his just-concluded Asia trip was critical for U.S. exports, countering criticism he had returned empty-handed. Read Full Article here.
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