Reuters: Calm water is helping manage the Gulf oil spill.
Reuters: April retail sales should be up in a sign of consumer recovery.
Reuters: The US is questioning Johnson & Johnson’s (NYSE: JNJ) claims about Tylenol.
Reuters: Gold prices are under pressure as the dollar rises
Reuters: Key senators are in partial agreement on the financial reform bill.
Reuters: Nokia oy (NYSE: NOK) and Microsoft (NASDAQ: MSFT) launched new mobile platforms.
Reuters: Intel (NASDAQ: INTC) is revamping its software to move further into the handheld market.
Reuters: The Dollar-Thrifty merger will face antitrust concerns.
WSJ: Top executives and alumni at Goldman Sachs Group (NYSE: GS) are questioning whether Blankfein can hold his job.
WSJ: Google (NASDAQ: GOOG) is planning to sell books through a new e-book program
WSJ: The bead of BP plc (NYSE: BP) is meeting with members of Congress to make his case.
WSJ: Citigroup (NYSE: C) plans funds for low-income areas.
WSJ: Massey’s board is looking into safety problems.
WSJ: Companies are re-evaluating the impact of large layoffs.
WSJ: Toyota Motor (NYSE: TM) reorganized its marketing staff.
WSJ: Xerox(NYSE: XRX) plans a drive into the services area.
WSJ: The bailout of Greece did not help calm Europe.
WSJ: Lawyers are fighting for the top spots in the Toyota litigation.
WSJ: Chemicals are helping break-up the Gulf oil spill.
WSJ: Wellpoint may have relied on inaccurate figures as a reason to raise rates.
WSJ: Pearson sold IDC to private equity groups.
WSJ: Chrysler will offer zero percent financing.
WSJ: Profits at Merck (NYSE: MRK) and Pfizer (NYSE: PFE) grew.
WSJ: Investors will find out whether Jeff Bewkes’ overhaul of Time Warner (NYSE: TWX) has worked.
WSJ: Agricultural Bank of Japan could have a $30 billion IPO.
WSJ: Bonds in big banks fell on Europe concerns.
WSJ: Buffett is keeping pressure on Kraft (NYSE: KFT) after its buyout of Cadbury.
WSJ: The financial crisis panel will review whether banks used accounting tricks to hide problems.
WSJ: A financial reform plan dropped the plan to shutter failed banks.
WSJ: CNN and CBS (NYSE: CBS) are in talks to gather news together.
FT: Prudential UK is delaying a $20 billion rights issue and is in talks with regulators
FT: John Paulson said he would cover any legal costs due to his firm’s relationship with Goldman Sachs.
FT: Goldman Sachs is adding to its legal team.
FT: Debate over the financial reform bill is trying to resolve whether banks should pay for a $50 billion bailout fund
Bloomberg: Greek air traffic controllers walked off the job.
Bloomberg: Obama wants a higher cap on the amount oil companies will have to pay for spill liabilities.
Douglas A. McIntyre
