Morning News Monday June 11th 2007
General News: - General Electric (GE) and Microsoft (MSFT) are discussing buying the Down Jones. However, according to the Wall Street Journal, an agreement has not been reached. - General Motors (GM) and Daimlerchrysler (DCX) may create an independent heath insurance fund to cut costs and obligations for health care, which total $114 billion. - The Chicago Tribune reported that the retirement age crept up for the first time in one hundred years. - Cleveland Fed President, Sandra Pinalto, said that the housing market has slowed the US economy and has yet to influence the consumer sector. - PIMCO’s, Bill…