Today's Headlines

Bloomberg:
- Google Inc.(GOOG) said customers are starting to use its new multimedia advertising formats at a faster rate than expected.
- Sharper Image Corp., the retailer of massage chairs and air purifiers, jumped the most in more than eight years after top company executives bought shares.
- General Motors(GM) posted a 4% gain in quarterly global sales, bolstering its bid to hold off Toyota Motor and extend a 76-year reign as the world’s largest automaker.
- The global economy is weathering the impact of the US subprime mortgage market turmoil, a European G-7 official said.
- Crude oil rose above $89 a barrel in NY for the first time after the US dollar declined to a record low against the euro.
- Copper dropped to the lowest in four weeks as rising inventories signaled easing demand for the metal used in wires and pipes.

Wall Street Journal:
- The bundling of political donations once was an innocuous play in the game book of Washington political operatives. Now, the fund-raising practice has grown so widespread, and some of its practitioners so brazen, that bundling has become the chief source of abuse in the American campaign-finance system.

USAToday.com:
- Technology makes porn easier to access at work.

Reuters:
- Nike Inc.(NKE) is behind a takeover approach for Umbro Plc, the maker of soccer uniforms for England’s national team.