Today's Headlines

Bloomberg:
- Yahoo!(YHOO) added a section with reviews and advice on consumer technology to lure advertisers including Hewlett-Packard(HPQ) and Verizon Wireless(VZ).
- Boeing(BA) agreed to buy airplane-parts distributor Aviall Inc.(AVL) for about $1.7 billion, expanding in a market that is growing more than twice as fast as Boeing’s aircraft unit.
- Aramark Corp.(RMK), operator of campus cafeterias and stadium concession stands, said an investor group led by CEO Neubauer offered $32 a share to take the company private.
- Kerzner Intl.(KZL), the owner of the Atlantis casino-resort in the Bahamas, said a group of investors including its chairman increased their buyout offer to $3.2 billion.
- US Treasuries are falling for the first time in three days after US economic data came in above expectations.
- Crude oil is rising in NY on speculation that the dispute over Iran’s pursuit of nuclear technology may lead the producer to cut supplies.
- Federal Reserve interest-rate policy is “very close” to a level that’s “properly calibrated” to the outlook for moderating economic growth, Atlanta Fed President Jack Guynn said.
- Stephen Roach, chief global economist at Morgan Stanley, is becoming more optimistic after years of warning of impending world economic disaster.

Wall Street Journal:
- CBS Corp.(CBS) and Clear Channel(CCU) have agreed with MSpot Inc., a mobile-phone content provider, to make some of their biggest sports radio stations available on cell phones.
- Thousands of Internet sites are using generic-sounding names to attract advertising and viewers.
- US technology start-ups are benefiting from a boom in so-called “angel investments” by executives from companies such as Google(GOOG) who’ve cashed in stock options.
- Investors are increasingly buying stock of companies that have filed for bankruptcy protection, instead of making a more traditional purchase of bonds.
- Level 3 Communications(LVLT) today plans to say it’s buying TelCove Inc., a closely held rival, for about $1 billion.

NY Times:
- Google(GOOG) is alleging that Microsoft(MSFT) is unfairly using its new Internet browser to direct users to its MSN search service, bringing up the matter with the US Justice Dept. and the European Commission.
- Starbucks(SBUX) signed an agreement with the William Morris Agency to find movies and books to promote.
- Ford Motor(F) is considering producing a reality television show.