Bloomberg:
- US House Republicans introduced a measure that would almost double the amount families can contribute to health savings accounts.
- MasterCard, the credit card company planning to sell this year’s third-biggest IPO, said it increased the size of the deal by as much as 16% to $2.84 billion.
Wall Street Journal:
- Investors who specialize in buying troubled loans are looking at China, as the country is hit by defaults following its boom in real-estate prices faltered.
- Family Dollar Stores(FDO) is using a security program to raise profits at inner-city locations.
- US film studios are losing $6.1 billion in sales annually form global piracy, about 75% more than originally estimated.
- Microsoft(MSFT) has looked at the idea of taking a stake in Yahoo!(YHOO) and the two companies have discussed possible coursed of action during the past year.
- NYSE Group(NYX) is accelerating the introduction of its hybrid electronic-trading system by using the stock of Lucent Technologies(LU) in its pilot program.
- Crude oil is falling more than $2 a barrel in NY after US gasoline inventories rose for the first time in nine weeks and demand for the fuel was flat.
Peninsula:
- US companies have invested as much as $70 billion in Qatar, the US ambassador to the country, Chas Untermeyer, said.
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