Strauss-Kahn may be released because of fraudulent charges (NYT)
Geithner may retire as Treasury Secretary (Reuters)
The Fed Bullard said QE2 was similar to more rate cuts (Reuters)
Lockheed Martin (NYSE: LMT) will cut 1,500 jobs (Reuters)
China’s PMI stalled (Reuters)
IEA to release oil reserves, and with China PMI stagnant, oil prices fell (Reuters)
The U.S. will sell 30 million barrels of emergency oil (Reuters)
Research In Motion (NASDAQ: RIMM) may consider board changes following proxy firm suggestions (Reuters)
Apple (NASDAQ: AAPL) and RIM will buy Nortel patents for $4.5 billion (Reuters)
Due to huge demand, Google (NASDAQ: GOOG) will stop sign-ups for its social network (Reuters)
Private equity may be some parts of Hewlett-Packard (NYSE: HPQ) (Reuters)
Collapsed M&A deal may put NASDAQ and D. Borse into new M&A activities (Reuters)
Hedge fund chief John Paulson pressed Bank of America (NYSE: BAC) to fight mortgage-backed securities charges (WSJ)
German banks agreed to extend Greek loans (WSJ)
A new bidder is close to securing the assets of book retailer Borders (WSJ)
First Solar (NASDAQ: FSLR) won a number of new government support packages (WSJ)
Some experts claim a failure to raise the debt cap may have only minor short term effects (WSJ)
NY regulators may approve “fracking”as a way to recover natural gas (WSJ)
Italy will make cuts in an attempt to balance its budget (WSJ)
Greece passed a second, wide-ranging, austerity program (WSJ)
Hewlett-Packard (NYSE: HPQ) will introduce a tablet to compete with the Apple’s (NASDAQ: AAPL) iPad (WSJ)
The American Air (NYSE: AMR) turnaround package has failed to work (WSJ)
The ITC ruled against some intellectual property charges brought by Kodak (NYSE: K) against Apple. Kodak’s shares fell 20%.
UK officials approved a News Corp (NYSE: NWS) deal to buy BSkyB (WSJ)
Scripps Network Interactive will not sell the company. Instead, it will begin a $1 billion share buyback. (WSJ)
Motorola Mobility expects improved sales in China (WSJ)
A larger than expected corn crop hurt prices of the commodity (WSJ)
Citigroup (NYSE: C) may finally sell its consumer finance arm (WSJ)
Zynga’s IPO must show it is not entirely dependent on Facebook for revenue (WSJ)
The Boeing fight to keep unions out of a plant in North Carolina has become a huge political issue (NYT)
Rulings in Colorado and Minnesota may allow states to cut pension benefits for government workers (NYT)
China’s PMI was the lowest in two years (FT)
Twitter may face government investigation over its control of app developers (FT)
Business sentiment in Japan fell (FT)
Consumer activity in BRIC nations has begun to falter (Bloomberg)
Japan car sales fell, particularly for Toyota (NYSE: TM)
Douglas A. McIntyre
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