Hewlett-Packard’s (NYSE: HPQ) new CEO faces investors concerned about its prospects. (Reuters)
U.S. box office sales near records despite the slowdown. (Reuters)
Lenovo posts strong earnings in spite of troubles with global PC sales. (Reuters)
China Mobile (NYSE: CHL) says earnings grew rapidly as its high-end users expanded. (Reuters)
Apple (NASDAQ: AAPL) and Qualcomm (NASDAQ: QCOM) are candidates to buy InterDigital (NASDAQ: IDCC). (Reuters)
The head of Nokia (NYSE: NOK) warns handset companies to be careful about Android use after Google (NASDAQ: GOOG) announces it will buy Motorola Mobility (NYSE: MMI). (Reuters)
The Federal Reserve examines the cash balances that foreign banks keep in the U.S. (WSJ)
Exxon Mobil (NYSE: XOM) and the U.S. in disagreement over ownership of one of the largest oil fields in the Gulf of Mexico. (WSJ)
Oil investment expands from traders to large pension pools. (WSJ)
Coca-Cola (NYSE: KO) to invest $4 billion in China over the next four years. (WSJ)
Local governments struggling from the effects of downgrades by S&P and Fitch. (WSJ)
Japan shows a trade surplus in July. (WSJ)
Venezuela to nationalize its gold industry. (WSJ)
Eastman Kodak (NYSE: EK) begins the process to sell its patents. (WSJ)
France and Germany to try to cut off nations that do not control deficits from EU transfer funds. (WSJ)
Greece may have a fourth year of recession in 2012. (WSJ)
FDA approves Vemurafenib, made by Roche Holding AG and Daiichi Sankyo, one of the first gene-guided cancer drugs. (WSJ)
McGraw-Hill (NYSE: MHP) may spin off its college text book division. (WSJ)
The UAW begins the process needed to strike against Ford (NYSE: F). (WSJ)
China’s largest TV channel attacks Baidu (NASDAQ: BIDU) for its sales practices. (WSJ)
The SEC accused of destroying files from some of its investigations. (WSJ)
The SEC investigates S&P for its ratings of mortgage-back securities before the financial collapse. (NYT)
A move to stop the rise of the Swiss franc fails to work. (FT)
Morgan Stanley (NYSE: MS) lowers its forecast for global growth. (Bloomberg)
Douglas A. McIntyre
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