Today's Headlines

Bloomberg:
- Steelmakers including Nucor Corp.(NUE), the largest US-based producer, plunged in NY on speculation the slowing US economy and falling auto sales will reduce demand for the metal.
- Buffett’s Berkshire Has Worst First Half Since 1990.

Wall Street Journal:
- Investors once clamored to get into Ritchie Capital Management, a high-profile hedge fund. Now, some are scrambling to get out – and are finding the doors locked.
- Iraqi Expats Fear US Impatience, Says al-Farragh.

Calcalist:
- Nvidia Corp.(NVDA), the second-biggest maker of computer-graphics chips, may be in talks to buy Zoran Corp.(ZRAN).

Trading Markets.com:
- Michael Dell, CEO of Dell Inc., bought 2,273,600 shares on the open market.

Stern:
- Billionaire George Soros said US pension funds should be prohibited from trading in raw materials to curb the continuing increases of oil and food prices.