MarketWatch: Moody’s downgraded Portugal two notches to A1
Reuters: BP plc (NYSE: BP) will test a new oil cap in place.
Reuters: The Wall St. reform bill is nearing a final vote
Reuters: Most Americans lack faith in Obama.
Reuters: American International Group’s (NYSE: AIG) board will meet to determine plans for AIA.Reuters: Microsoft Corporation (NASDAQ: MSFT) said that PC-based tablets will be better than the Apple Inc. (NASDAQ: AAPL) iPad.
Reuters: Avis-Budget (NYSE: CAR) topped the bid of Hertz (NYSE: HTZ) to buy Dollar-Thrifty.
WSJ: A new oil drilling ban will hurt the industry.
WSJ: Consumer Reports put out a bad review of the iPhone 4.
WSJ: Slow business access to credit hurts the economy.
WSJ: The US subpoenaed Wall St banks on mortgage securities.
WSJ: Hewlett-Packard (NYSE: HPQ), Dell Corporation (NYSE: DELL), and Fujitsu LTD will sell Microsoft’s new Azure cloud computing product.
WSJ: The growth in China’s property market slowed.
WSJ: GlaxoSmithKline (NYSE: GSK) may have withheld information about its Avandia drug.
WSJ: Florida banks want a pass on new government balance sheet regulations.
NYT Debt collection lawsuits are crowding courts.
NYT: China factories are competing for labor
FT: The BP plc spill will cost UK and US in tax receipts.
FT: Alcoa’s (NYSE: AA) earnings were stronger than expected.
FT: China put 1 billion euros in Spain’s bonds.
Bloomberg: Some European banks will dodge new capital rules.
Douglas A. McIntyre