- According to Reuters, the manufacturing sector probably did not grow in August

- Reuters reports that it appears Gustav did little damage to oil rigs and refineries.

- Reuters reports that the Korea Development Bank confirmed it was in talks with Lehman (LEH).

- Reuters writes that Google (GOOG) will offer a new video-sharing service for businesses.

- Reuters writes that one Fed governor said that the ageny's intervention in the credit crisis hurt its role of managing inflation.

- Reuters writes that Commerzbank will cut 9,000 jobs when it takes over Dresdner Bank.

- The Wall Street Journal reports that Google will launch an internet browser to compete with Micorosft (MSFT).

- The Wall Street Journal reports that Boeing (BA) and its union are in a stand-off.

- The Wall Street Journal writes that Electronic Arts (EA) has a great deal bet on its new game, Spore.

- The New York Times reports that airlines are still faced with major problems due to the price of oil.

- The New York Times reports that the toll taken by Gustav on insurance companies looks much smaller than Katrina.

- The New York Times writes that oil dropped below $109 as concerns about Gustav receded.

- The FT writes that retail investment in stocks hit a new low.

- Bloomberg writs that hedge funds including SAC Capital Advisors LLC and Citadel Investment Group are picking up talent as other hedge funds fail.