Newspaper wrap-up: Apple in talks with DoCoMo for iPhone in Japan
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MAJOR PAPERS:
- Looking to enter the Japanese market, sources familiar with the matter said that Apple Inc (NASDAQ: AAPL) CEO Steve Jobs recently met with NTT DoCoMo Inc (NYSE: DCM) to discuss a deal to offer its iPhone, the Wall Street Journal reported.
- Nike Inc (NYSE: NKE) is in talks with Mike Ashley to try and persuade the entrepreneur to not block its £285M takeover offer for Umbro, the Financial Times reported.
OTHER PAPERS:
- The Detroit News reported that in an effort to cut costs, General Motors Corporation (NYSE: GM) is looking to style a deal with the United Auto Workers on a buyout program for veterans.
WEB SITES:
- According to two folks familiar with the fund, The Goldman Sachs Group Inc (NYSE: GS) is looking to start Goldman Sachs Investment Partners, its newest stock hedge fund, with as much as $10B, Bloomberg reported.
Original post by Eric Buscemi
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