The ECB is likely to raise rates and more may come this year (Reuters)
Portugal sought aid from the EU as its ability to raise money faltered (Reuters)
A top M&A lawyer Mathew Kluger of Wilson Sonsini Goodrich & Rosati PC was accused of insider trading (Reuters)
Oil dropped below $122 has high price may undermine demand (Reuters)
Obama and House Republicans made little progress on budgets as a government shutdown became more likely (Reuters)
Dish Network will expand its business with Blockbuster and may challenge Netflix (NASDAQ: NFLX) (Reuters)
A breach of Epsilon data affected Verizon Wireless customers (Reuters)
The NYSE (NYSE: NYX) does not appear to have interest in an offer from NASDAQ (NASDAQ: NDAQ) which could face antitrust issues (Reuters)
Glencore shares will trade in London on May 24th (Reuters)
The Bank of Japan will open an $11.37 billion lending facility for rebuilding (WSJ)
The EU will face a challenge to stop contagion in the region with a rescue of Portugal (WSJ)
Google’s (NASDAQ: GOOG) overhaul of YouTube will set it up to offer premium TV for home viewing (WSJ)
The Sokol purchase of Lubrizol shares while employed at Berkshire Hathaway (NYSE: BRK.B) may not be completely covered under any securities law (WSJ)
Dell (NASDAQ: DELL) will invest $1 billion in data centers and product development (WSJ)
Cable TV executives and Steve Jobs of Apple (NASDAQ: AAPL) met last year to create plans to bring TV to the company’s devices (WSJ)
Mall owners still have a great deal of vacant space due to overbuilding and new shopper habits (WSJ)
The UK PMI dropped and fueled fear that its economy is faltering (WSJ)
The World Bank said the Middle East may be hurt by a lack of jobs (WSJ)
Spain lowered forecast for growth between now and 2013. (WSJ)
Royal Dutch Shell will help create a huge ethanol joint venture in Brazil (WSJ)
Chrysler will cut its production due to parts shortages from Japan (WSJ)
Samsung cut growth expectations due to the quake (WSJ)
Alliance Data Systems believe a security breach that exposed customer data may cause some of them to cut ties with the firm (WSJ)
The Federal Reserve sale of $1.5 billion in bonds from AIG’s (NYSE: AIG) balance sheet sold well in the open market (WSJ)
Cisco (NASDAQ: CSCO) may wonder whether the firm needs a new CEO (WSJ)
Demand for biofuels is pushing crop prices higher (NYT)
GE (NYSE: GE) will build the largest solar component production plant in the US (NYT)
Airline companies beyond Southwest (NYSE: LUV) began to test 737s (NYT)
Farmers in the US have begun to store more grain as the price of corn rises (FT)
German exports to China have begun to top those of the US (Bloomberg)
Goldman Sachs said Portugal is probably the last EU nation that will need a bailout (Bloomberg)
IBM (NYSE: IBM) is worker harder to make cloud computing more accessible to enterprises (Bloomberg)
Douglas A. McIntyre
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
