Today's CNBC MarketWrap

Today's top 5 stories on CNBC

1. Buffett & Welch on Wednesday: Two of the greatest business leaders in the world were on CNBC this morning, and they shared their thoughts on a variety of topics.

2. Merrill Lynch Hot Seat: Merril Lynch's CEO is in the hot seat, with Dennis Berman, The Wall Street Journal; Ben White, Financial Times; David Throne Fox-Pitt Kelton; CNBC's Melissa Lee, Charlie Gasparino & Sue Herera.

3. White House Economic Summit: Discussing economic issues with Carlos Gutierrez, Commerce Secretary; Edward Lazear, Council of Economic Advisers; Jim Nussle, Office of Management & Budget; Allan Hubbard, National Economic Council & CNBC's Dylan Ratigan.

4. MLB President Talks Baseball Biz: The World Series begins tonight, and CNBC's Darren Rovell discusses the business of baseball with Bob DuPuy, president of Major League Baseball.

5. Iger on the Future of Media: Disney CEO Robert Iger shares his thoughts on the future of the media industry, with CNBC's Dennis Kneale.

Click here to view all of today's Top stories

Media Money w/Julia Boorstin: MySpace To Facebook: "Game On" With Oberon Deal CNBC's media reporter Julia Boorstin blogs on the effort by social network site MySpace to keep its user by making an online gaming deal that directly challenges the popular site Facebook. Julia looks at how it could all "play out." Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold

1. Live at the Forbes Meet Forum: Dennis Kneale is live at and participating in Forbes' MEET Forum in Los Angeles, which focuses on the convergence of new media and old media. He'll give highlights from his interviews with IACInterActive CEO Barry Diller, supermarket magnate Ron Burkle and YouTube CEO Chad Hurley.

2. Overseas M&A: So far this month, foreign acquirers have accounted for more than 60% of total M&A activity, and they're on track to spend a record amount of dollars in the U.S this year according to statistics provided by Thomson Financial. This should come as no surprise for anyone who's watched the dollar's decline. But is dollar weakness the only reason for this foreign buying spree? We look at what is behind the trend, if it will continue and what domestic sectors the foreigners like here in the U.S.

3. Microsoft/Sony Earnings: With Sony before the bell and Microsoft after the bell, Jim Goldman follows the key tech news of the day.

4. The Mother of all Tax Bills: Tomorrow, Rep. Charles Rangel holds a press conference 945a ET focused on his much ballyhooed tax bill, that will include a 25% corporate rate, tax on carried interest, tax on off shore companies and more. John Harwood looks at what it means, and whether it will pass.

5. Christmas Bells for Retailers: Forty percent of consumers have already begun their holiday shopping. What are the early investable trends? Brennan breaks down the Christmas list. Will consumer electronics have as merry a Christmas as last year?" What are retailers doing to win your dollars? Will these strategies make a significant boost to market share?

CNBC Investing Tools

To unsubscribe to this email click here
If this e-mail was forwarded to you and you would like to subscribe to CNBC's Daily Market Wrap, please click here