Google, Microsoft battle for cloud control. Google (GOOG) and Microsoft (MSFT) are competing to supply the government's General Services Administration with web-based email and other software. It's a key contract, not just because of its size (covering roughly 15,000 employee email accounts) but because the GSA often influences how other federal agencies acquire new technologies.
Madoff "net winners" brace for lawsuits. Madoff trustee Irving Picard is preparing to file a wave of lawsuits against Madoff investors who were "net winners," ultimately withdrawing more than they had originally deposited. Picard said these investors "made money at the expense of the people who didn't," and intends to claw back some of the funds for redistribution to other Madoff victims. The "net winners" protest they shouldn't be punished for withdrawing funds that turned out to be just a fraction of what they thought they had in their accounts.
S&P 500 Emini Futures / ES
Dow Emini Futures / YM