Daily Wrap Up - Sept 7
Obama Gears Up; Blame Game; Materialism Fading?
Obama says time to act for healthcare reform
U.S. President Barack Obama insisted on Monday it's time to act for healthcare reform as he geared up for a major address to Congress this week aimed at getting his top domestic policy priority back on track. Read Full Article here.
Fuld says being dumped on for Lehman failure
That was how Richard Fuld greeted a Reuters reporter who had tracked him down to his country house in a bucolic setting beside a river and amid tree-covered slopes in Ketchum, Idaho last Friday. Read Full Article here.
Less materialistic US chooses Wal-Mart over Tiffany-poll
The dire economy appears to have made Americans less materialistic, with a poll showing most people would choose items from discount retailer Wal-Mart over luxury jeweller Tiffany's trademark blue boxes. Read Full Article here.
Microsoft Russian antitrust probe closed
Russia's state anti-monopoly service, FAS, said on Monday it had closed a probe into Microsoft as it had found no violations of antitrust laws over cutbacks in supply of the Windows XP operating system. Read Full Article here.
OPEC to eye economic stimulus, not just oil supply
OPEC ministers meeting in Vienna this week were expected to keep supply targets intact and instead rely on hoped-for economic growth to sustain oil prices. Read Full Article here.
Kraft primed to sweeten $16.7 billion Cadbury bid
Kraft Foods said it was intent on pursuing Britain's Cadbury , which soared in value after it snubbed a premium-rich bid from the U.S. group, reinforcing hopes of a broader-based pick-up in merger activity. Read Full Article here.
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