Reuters - Heightened expectations for a government bailout of U.S. home-funding giants Fannie Mae and Freddie Mac drove their debt prices higher on Thursday as investors bet the securities will be guaranteed by the U.S. government even if shareholders are wiped out.

Reuters - Larry Montgomery is expected to step down as retailer Kohl's Corp chief executive, The Wall Street Journal said.

Reuters - Nissan Motor (7201.T) will begin exporting passenger cars over the next few months from China, as a growing number of global industry giants tap their output in the world's second-largest auto market to supply export markets.

Reuters - U.S. stocks rose on Wednesday as bank and energy shares rebounded even as investors dumped Fannie Mae and Freddie Mac on fears of an imminent government bailout of the housing finance companies.

Reuters - The Federal Reserve acted on rumors last month and called Credit Suisse Group to see if it had pulled a credit line from Lehman Brothers Holdings Inc, The Wall Street Journal said citing people familiar with the matter.

Reuters - Lehman Brothers Holdings Inc , Goldman Sachs Group Inc and Morgan Stanley may incur further writedowns, mainly on their mortgage assets, said an analyst at Citigroup, who cut his third-quarter outlook for the U.S. investment banks.

AFP - Chinese share prices surged 5.89 percent by midday Wednesday amid speculation that the authorities will soon launch new measures to boost the ailing stock market, dealers said.

Reuters - Warren Buffett and Bill Gates, two of the world's richest men, toured Canadian Natural Resources Ltd's Horizon oil sands project near Fort McMurray, Alberta, this week.

Reuters - Lehman Brothers Chief Executive Dick Fuld nearly struck a deal to raise almost $5 billion from South Korean wealth funds and institutions but the pact disintegrated, the New York Post said citing sources familiar with the matter.

Reuters - Stocks were slightly higher in choppy trade on Wednesday as strong results from Hewlett-Packard triggered a rally in the technology sector that offset a slump in shares of Fannie Mae and Freddie Mac to more than 17-year lows.

Reuters - Shares of Fannie Mae and Freddie Mac dove to their lowest levels in more than 18 years on mounting fears of a government bailout that would wipe out shareholders of the two U.S. housing finance giants.