MAJOR PAPERS:

• After less than a year in office, Shinzo Abe, the prime minister of Japan, resigned, reported the Wall Street Journal.
• With its sights set on Toyota Motor Corporation (NYSE: TM), Volkswagen AG (OTC: VLKAY) CEO Stefan Jacoby says he'll nearly triple sales of vehicles in the U.S. over the next decade, reported the Wall Street Journal.
• Barron's Online's "Inside Scoop" column reported that director James Burke purchased $1.1M worth of AnnTaylor Stores Corporation (NYSE: ANN) stock on Friday, marking the first open-market purchase by an AnnTaylor insider in at least five years, according to InsiderScore.com.

• According to the U.K. Times, British bank Barclays (NYSE: BCS) has invested $1.5B in Golden Key, a fund that has gotten into trouble as a result of the global liquidity squeeze.
• Aluminum company Alcan Inc (NYSE: AL) is reportedly in talks to sell its packaging unit to India's Essel Group, reported the Economic Times.
• Music publishers have intensified their efforts to shut down popular Web sites that publish song lyrics without permission, reported the New York Post. The publishers are also demanding that Google Inc (NASDAQ: GOOG) and Yahoo! (NASDAQ: YHOO) remove all references to the offending sites from their search engines.

Newspaper wrap-up: Barclays to bail out Golden Key originally appeared on BloggingStocks on Wed, 12 Sep 2007 09:10:00 EST. Please see our terms for use of feeds.