Government cash these days is all the rage on Wall Street, where investment banks long to profit from what they call “sovereign wealth funds.” Read more..

By FLOYD NORRIS - The New York Times

Citigroup moved on Thursday to rescue seven affiliated investment funds that have been upended by the running crisis in housing-related debt. Read more..

By ERIC DASH - The New York Times

The pick-up in prices will complicate efforts by the Fed as it tries to stave off a slowdown in economic growth. Read more..

By MICHAEL M. GRYNBAUM - The New York Times

The owners of Discovery Communications, Advance/Newhouse and Discovery Holding, have agreed in principle to combine their stakes and turn the company, an operator of cable TV channels, into an independent, publicly traded company. Read more..

By BRIAN STELTER - The New York Times

Market euphoria over trans-Atlantic action by central banks to fix the global credit crisis wore off quickly Thursday, with investors saying they expect the injection of cash to do little to solve long-term problems. Read more..

By JULIA WERDIGIER - The New York Times

Lufthansa’s investment in JetBlue, the struggling discount carrier, is the latest example of a foreign company’s taking advantage of the weak dollar to invest in a prominent American company. Read more..

By ANDREW ROSS SORKIN and JEFF BAILEY - The New York Times

Lehman Brothers, one of a handful of Wall Street banks to avoid large losses related to subprime mortgages, nonetheless exceeded analysts’ diminished expectations. Read more..

By JENNY ANDERSON - The New York Times

Shareholders of Dow Jones & Company gave their blessing to a takeover by Rupert Murdoch’s global media empire, the News Corporation. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

The Federal Communications Commission chairman, Kevin J. Martin, has rejected a senator’s request to delay a vote on a change in media-ownership rules. Read more..

By BLOOMBERG NEWS - The New York Times

The United States and China ended three days of intense economic talks with accords on food safety, energy and environmental cooperation, but with only modest progress in opening Chinese financial markets. Read more..

By STEVEN R. WEISMAN - The New York Times