Reuters - David Glaser, a confidant former Bear Stearns chief executive Alan Schwartz, has joined Bank of America, the New York Times reported on Monday, the latest executive to turn away from JPMorgan as it tries to keep top Bear talent from bailing on the merged bank.

Reuters - Boeing Co said on Monday its 787 Dreamliner would make its first flight in the fourth quarter of 2008, repeating the revised schedule for the new airplane's launch announced in April.

Reuters - Japan's Shin-Etsu Chemical Co Ltd (4063.T) sees no signs of recovery in the U.S. housing market and is looking to emerging markets for growth, the president of the chemical maker said on Monday. Shin-Etsu is the world's largest maker of polyvinyl chloride (PVC), a resin used in pipes, wires and other construction materials. It was hit hard by the U.S. housing slump.

Reuters - Oil fell by more than $1 on Monday as traders booked profits from crude's biggest one-day jump, but OPEC's resistance to pumping more oil kept prices near their latest record high.

AP - That economic rebound in the second half of the year so many experts have predicted — including Federal Reserve Chairman Ben Bernanke himself — is starting to look dicey.

Reuters - Wall Street may be in for a rocky ride this week as investors recall Friday's triple threat -- oil at a record above $139 a barrel, a troubling unemployment report and the stock market's 3 percent drop -- while they await inflation data for May.

AFP - Unrest in the Niger Delta is becoming a major problem for the Nigerian government but its importance as an oil producer is also helping extend its shadow over the world economy.

AFP - The United States and Asia's four largest powers voiced "serious concerns" Saturday after the single biggest one-day hike in oil prices, warning that the global economy was at risk.

AP - Wal-Mart officials, bolstered by a rebounding stock price and improved image, told shareholders on Friday that their renewed focus on price and better merchandise is winning over customers who they expect to keep when the sluggish economy improves.

AFP - The United States and Asia's four largest powers voiced "serious concern" Saturday about a record spike in oil prices but vowed to keep scaling back politically sensitive fuel subsidies.