Bloomberg: - Google(GOOG) is releasing a custom toolbar for Web browsers as part of efforts to attract more visitors to its sites. - People should drink less alcohol because it contributes to several types of cancer, according to a review published in the medical journal Lancet Oncology today. - Saudi Prince Alwaleed bin Talal and Colony Capital LLC agreed to buy Fairmont Hotels & Resorts for $3.24 billion, adding 87 luxury hotels to Colony’s Raffles chain. - GM(GM) bonds and shares rose as a Citigroup(C) unit joined negotiations to buy a majority stake in the automaker’s auto-loan and mortgage business.
Wall Street Journal: - Time Warner(TWX) will probably announce today that it’s teaming up with Bertelsmann AG to start an online service that will sell films and television shows in Germany. - US Congress has boosted foreign aid to help fight diseases to $4 billion, almost triple what the US spent in 2001 in inflation-adjusted terms. - US publishers say fact-checking books they produce has become too expensive for them to handle, prompting concern that many works, especially non-fiction, may contain inaccurate information. - EarthLink(ELNK) plans to start offering this week high-speed Internet and online-calling services in partnership with Covad Communications(DVW). - Warner Music and Skype Technologies SA may today announce an agreement to make ringtones available over Internet phones. - The Federal Aviation Administration’s head of air traffic control is struggling to cope with high costs and chronic delays. - The NY Merc’s grip on global energy and metals markets may be weakening, just as the exchange is preparing to sell a minority stake and become a public company.
NY Times: - News Corp.’s(NWS) Fox network may overtake CBS and ABC to win the highest viewership in the 18-to-49 category this season because of the high ratings of its “American Idol” show. - Microsoft Corp.(MSFT) is developing a mobile phone that could be connected to a television and a keyboard to function as a computer to be used in the developing world.
NY Post: - Some Walt Disney Co.(DIS) shareholders may try to oust Chairman George Mitchell.
LA Times: - California recreational boat sales increased about 8% last year, fueled in part by a real estate market boom.
Sabah: - Turkey won’t back referring Iran to the UN over its nuclear program, putting the nation at odds with the EU.
