Reuters: Toyota (TM) told regulators it is looking at how to fix 1.2 million Corollas.
Reuters: A Chinese export body said a rise in the yuan would be destructive.
Reuters: China Mobile’s (CHL) revenues rose on a gain in average revenue per user.
Reuters: The US faces Chinese import negotiations on the yuan.
Reuters: HTC says it is confident it can defend itself against an Apple (AAPL) patent suit.
Reuters: Google (GOOG) is working with Intel (INTC) and Sony (SNE) on a TV project.
Reuters: A California police report supports an acceleration problem with a runaway Prius.
WSJ: A judge said he would not ease the curbs that erected a wall between analysts and bankers.
WSJ: Bernanke argued that it is important not to narrow the Fed’s focus.
WSJ: NJ regulators said MGM Mirage did business with organized crime in Macau.
WSJ: The FDA may set a system to help approve two or more drugs together for diseases like AIDS.
WSJ: CIT’s (CIT) new CEO outlined the firm’s challenges.
WSJ: A Google (GOOG) exit from China could help local instant message firm Tencent.
WSJ: States are pressing e-commerce companies to collect local taxes.
WSJ: OPEC held oil production steady.
WSJ: The SEC admitted errors in regulating Lehman.
WSJ: Merkel brought up the idea of expelling members from the eurozone.
WSJ: Wall St. could have another strong compensation year, although not as good as 2009.
WSJ: Spring (S) will unveil its first phone for the company’s new super-fast 4G network.
WSJ: The PayPal division of Ebay (EBAY) has cut a deal to expand in China.
WSJ: Nike’s (NKE) profits rose sharply as revenue moved higher.
WSJ: McDonald’s (MCD) may sell all soft drinks of any size for $1 this summer.
WSJ: A US regulator criticized Google’s new Buzz product because it may show personal data of users.
NYT: US firms are building high-tech labs in China.
NYT: Amazon is trying to use its clout to hang on the lead in the e-book field.
NYT: Deflation fears persist in China.
NYT: The new jobs bill passed the Senate.
NYT: GM’s CFO said the company could be profitable this year.
NYT: The World Bank said China should increase rates and let the yuan rise.
FT: A group in India plans to set up a fund to compete with China for oil assets.
FT: Tencent warned Beijing could slow internet growth by regulating text messaging.
FT: The US healthcare reform bill is gaining momentum.
Bloomberg: Germany is seeking an IMF role in the Greek debt negotiations.
Bloomberg: China is doing “stress tests” to see effects of value of yuan change on industries.
Douglas A. McIntyre