Newspaper wrap-up: Apple in talks with DoCoMo for iPhone in Japan

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 form a deal with the United Auto Workers on a buyout program for veterans.

WEB SITES:

According to two people 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.

Tags: AAPL, Apple, DCM, General Motors, GeneralMotors, GM, Goldman Sachs, GoldmanSachs, GS, hedge fund, HedgeFund, iPhone, Nike, NKE, NTT DoCoMo, NttDocomo, UAW, Umbro

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