Reuters: China and the US vowed close ties to bring the economy out of recession.
Reuters: Microsoft (MSFT) and Yahoo! (YHOO) are close to a search deal.
Reuters: The Senate may drop a public health care option.
Reuters: Honda (HMC) posted a profit and raised forecasts.
Reuters: An executive pay bill was approved by a House committee.
Reuters: AMR (AMR) is hoping to close an alliance with British Air and Iberia this year.
Reuters: Subprime lenders say US programs to help home loans in default may increase borrower costs.
Reuters: The CFTC plans to be more aggressive on limiting positions in certain instruments.
Reuters: American Express (AXP) is trying to get growth from its user base which is reluctant to spend.
Reuters: Many banks probably have too many branches.
WSJ: KKR plans an IPO of Dollar General.
WSJ: Nomura is having trouble trying to expand globally.
WSJ: Home prices are beginning to rise.
WSJ: ArceloMittal swung to a loss.
WSJ: GM plans to begin leasing cars again.
WSJ: IBM (IBM) bought SPSS for $1.2 billion.
WSJ: Sanofi-Aventis lifted its forecasts.
WSJ: New tech to follow web traffic is helping to stop viruses.
WSJ: China voiced concern over the rising US deficit.
WSJ: Oil companies are against Nigeria’s plan to overhaul its energy policies.
WSJ: Ambac’s(ABK) debt ratings were cut deeper into junk status.
WSJ: Earnings at some banks may not have recovered as much as investors believe.
WSJ: Gambling firm Station Casinos filed for Chapter 11.
WSJ: Sprint (S) got further into prepaid cellular by buying Virgin Mobile USA.
WSJ: Toyota (TM) kept its No.1 spot in global cars sales in the first half.
WSJ: GE (GE) says its efforts to shrink its financial unit and post a profit are on target.
WSJ: Apple (AAPL) won’t let Google (GOOG) distribute an internet telephone software package on the iPhone.
NYT: Shares in China’s larges home builder rose on its public trading debut.
NYT: Avtovaz, Russia’s largest car marker, may lay-off 27,000 people.
NYT: Condo sales in Miami are improving as prices plunge.
FT: Cable TV companies could be a payment mechanism to charge for online content.
Douglas A. McIntyre
