- According to Reuters, Toyota (TM) cut its 2009 sales forecast by almost 7%.
- Reuters reports that Fannie Mae (FNM) changed several of its top executives.
- Reuters writes that Starbucks (SBUX) management will receive no raises next year.
- Reuters writes that the CFTC will look into reports on the trading of oil futures.
- Reuters writes that Caterpillar (CAT) expects strong demand in China to continue.
- Reuters writes that US consumers may pass on convenience and organic foods.
- The Wall Street Journal reports that mobile phone sales are slowing.
- The Wall Street Journal reports that more artists are moving away from Apple (AAPL) iTunes because its format hurts album sales.
- The Wall Street Journal reports the Big Three sales are beginning to badly damage dealer finances.
- The Wall Street Journal reports that the SEC would like to change accounting rules by 2014 moving to international standards.
- The Wall Street Journal reports that spending on servers is slowing.
- The FT reports that the new Microsoft (MSFT) browser may impact some of Google's (GOOG) targeted advertising features.