Today's Headlines

Bloomberg:
- Merrill Lynch(MER) credit-default swaps fell the most in two weeks as traders bet larger-than-forecast writedowns of $7.9 billion may draw a line under the NY-based firm’s subprime losses.
- Crude oil rose for the first time in four days after the EIA reported that US oil and gas inventories unexpectedly declined.

Wall Street Journal:
- Hybrid or All-Electric? Car Makers Take Sides.

NY Times:
- In Foray Into TV, Google Is to Track Ad Audiences.

NY Post:
- Google(GOOG) is threatening to once again beat rival Microsoft to the deal punch, this time in the white-hot Facebook investment sweepstakes.

Financial Times Deutschland:
- NYSE Euronext(NYX) plans to launch a new platform in the US in 2008 to trade all types of asset classes and is close to wining approval by the SEC, citing Executive Director Fraser Cowie.