Reuters - Microsoft Corp is moving closer to an agreement with Verizon Wireless to become the default search provider on the wireless carrier's cell phones, the Wall Street Journal said, citing people familiar with the discussions.
Reuters - American Express Co , the No. 4 U.S. credit card issuer, is seeking about $3.5 billion in tax-payer funded capital from the U.S. government, the Wall Street Journal said, citing people familiar with the situation.
Reuters - Asian shares fell for a second day on Wednesday and oil prices hovered near a 20-month low as poor corporate earnings highlighted the damage from the global economic slowdown on companies and consumers.
Reuters - China's retail sales data on Wednesday pointed to slowing consumption and the World Bank said more countries are seeking its help, as evidence mounted that the rich-world downturn is spreading through emerging economies.