Reuters: China said it was committed to US debt but worried about gold.
Reuters: Japanese car companies are studying a brake override system.
Reuters: Sony (SNE) will start selling 3D TVs in Japan.
Reuters: Northrup (NOC) dropped out of bidding for a U.S. military air tanker project.
Reuters: Google (GOOG) and MySpace face charges of cyber-bullying by some members.
Reuters: Greece is urging the G20 to reign in speculators on its national debt.
Reuters: The International Brotherhood of Electic Workers sued Goldman Sachs (GS) over its compensation practices.
Reuters: Obama targeted large insurers as a major cause of healthcare cost increases.
WSJ: Google (GOOG) is testing TV search services.
WSJ: Private equity firms are facing suits over some of their investments.
WSJ: UK banks face debt downgrades.
WSJ: AIG (AIG) and MetLife (MET) reached a deal for AIG to sell its Alico unit for $15.5 billion.
WSJ: Google (GOOG) will have problems building and servicing its ultra high-speed internet network.
WSJ: IBM’s (IBM) CEO compensation dropped.
WSJ: Tivo’s loss rose on increased costs.
WSJ: Markets were buoyed by chance that Dubai would settle debt problems.
WSJ: Many retailers are increasing inventories.
WSJ: Verizon Wireless will start to carry NFL games.
NYT: Pension funds are making riskier investments.
NYT: Google’s (GOOG) translation tool has become highly sophisticated and is gaining a large following.
NYT: Oil and gasoline prices are moving up.
NYT: Pfizer (PFE) and Teva (TEVA) are competing to buy generics companies.
NYT: Brazil may put tariffs on some US goods.
NYT: Portugal is preparing austerity measures.
FT: Merkel of Germany said an IMF-like agency in Europe would require a new treaty.
FT: China will keep buying US debt.
FT: News Corp (NWS) is expanding more rapidly into the Middle East.
Bloomberg: Ethanol prices are about to rise.
Douglas A. McIntyre
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