Bloomberg:
- Democratic presidential candidate John Edwards unveiled a tax policy that raises the top capital gains rate to 28% from 15%.
- Then benchmark for
- Exxon Mobil Corp.(XOM) reported its first profit decline in more than three years.
Wall Street Journal:
- Porsche AG, the
- Billionaire investor Warren Buffett took a stake of less than 5% in Kraft Foods(KFT), citing a person familiar with the investment by Berkshire Hathaway(BRK/A).
- Al-Rajhi Bank,
- Picnik is a useful photo-editing software program available free on an Internet Web site, which will soon become a mostly pay-for-use service, Walt Mossberg wrote.
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- Nielsen Co. plans to present today the first results from Nielsen GamePlay Metrics, the service that tracks what games users are playing, on which devices and when.
NY Times:
- Mattel Inc.(MAT), which makes 65% of its toys in
- RC2 Corp.(RCRC) fired the Chinese-based producer of the lead paint and the maker of the wooden “Thomas & Friends” train toys that were recalled this year because of lead in the paint.
Xinhua News Agency:
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