Reuters: The Chinese president told Obama that the nation will make its own decision on the yuan.
Reuters: Growth and cheap phones were key to Q1 industry growth.
Reuters: Twitter will start to sell ads.
Reuters: Oil fell for a fifth session on high supply.
Reuters: Infosys said it was cautious about the economic recovery.
Reuters: The US deficit will be down in the first half, according to The Washington Post.
Reuters: The head of Google (GOOG) said the company tends to create enemies.
Reuters: China expects import strength and an export struggle.
WSJ: Twitter will start to roll out ads.
WSJ: Regulators have said little about Washington Mutual’s collapse.
WSJ: Alcoa (AA) reported a smaller first quarter loss.
WSJ: The FDIC is expected to extend unlimited guarantees for deposits by businesses.
WSJ: Banks have come out against a plan to reduce mortgage principals.
WSJ: China extended its crude reach with an oil sands deal.
WSJ: AIG (AIG) disclosed its pay packages.
WSJ: Microsoft’s (MSFT) new handset targets young people.
WSJ: UBS (UBS) said it sees a profit.
WSJ: Palm (PALM) is looking for a buyer.
WSJ: MasterCard (MA) named a new CEO.
WSJ: Medical schools say there won’t be enough doctors to treat people due to health care reform.
WSJ: The 18th annual airline quality study shows Hawaiian Air ranks first.
WSJ: Morgan Stanly (MS) is trying to turn around its trading business.
WSJ: Short interest on Nasdaq fell.
WSJ: Avon (AVP) suspended executives as part of a bribery investigation.
WSJ: GM expects a growing revenue lift from China.
NYT: Lehman moved investments off its books to a small firm it controlled.
NYT: Apple (AAPL) is putting new restrictions on App developers.
FT: Doubts over Greece have resurfaced.
FT: GM and VW raised their China sales forecasts.
Bloomberg: Analysts thing China will let the yuan float before June 30.
Bloomberg: JPMorgan’s (JPM) profits may fall on credit card and home loan losses.
Bloomberg: PIMCO is worried about deflation.
Douglas A. McIntyre
