Blackstone opens Beijing office
U.S. private equity firm the Blackstone Group opened its China office in Beijing on Monday to further expand its business in the country.

Bear Stearns' Cayne was near death in September: report
Former Bear Stearns Chief Executive James Cayne came close to dying last September from sepsis triggered by a severe prostate infection, Fortune Magazine reports on Monday on its website.

Baseball: Mavs' owner sets his sights on Cubs
Think of it: Mark Cuban as the Chicago Cubs' owner, bonding with the Bleacher Bums at Wrigley Field, splurging for rounds of Old Style beer and screaming at umpires.

US services probably fell: report
TRIMMING: Employers cut 51,000 workers from payrolls last month as the slowdown grows, with gasoline prices high, credit hard to obtain and stalled factory activity BLOOMBERG Monday, Aug 04, 2008, Page 10 …