Bloomberg:
- North Korea promised to strive to rid the Korean peninsula of nuclear weapons as six-nation talks aimed at dismantling the Stalinist nation’s atomic arms program began in Beijing today.
- The US Congress is set to pass a $10 billion energy bill after House and Senate negotiators approved a compromise version today.
- The US Senate Finance Committee approved legislation that would require companies to fully fund their defined-benefit pension plans and gives airlines 14 years to pay off their obligations.
Wall Street Journal:
- Wal-Mart Stores wants to open 42 stores in China by the end of 2006, nearly doubling its current total in the country.
- The NYC Police Dept. will today start a program to direct intelligence information to and from businesses to help counter possible terrorist attacks.
- Teva Pharmaceutical Industries’ agreement to buy Ivax is an acknowledgement that competition in the generic drugs business is likely to get sharper.
NY Times:
- Plans to build a Chicago skyscraper that would be 115 stories and about 2,000 feet tall, making it the tallest in the US.
- Some of New York’s biggest Democratic donors are backing Republican Mayor Michael Bloomberg’s re-election campaign.
- Crime in NYC’s subways has declined 22.6%, and public reports of suspicious packages have increased 36% since the July 7 terrorist attacks in London’s transit system.
- President Bush persuaded as many as six more Republican House lawmakers to support the Central American Free Trade Agreement with promises of protection for textile companies.
NY Post:
- XM Satellite Radio and Samsung Electronics are expected to announce a partnership today to make the first portable player for both MP3’s and satellite radio.
LA Times:
- US Senator Hillary Clinton has been named by the Democratic Leadership Council to lead a project to define the party’s agenda for the 2006 and 2008 elections.
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