Dexia rescued, part nationalized and part receives guarantees from Belgium. (Reuters)
Germany and France agree to crisis plans for the region’s banks. (Reuters)
A huge growth of debt in China could cause a hard landing by its economy. (Reuters)
Yahoo! (NASDAQ: YHOO) founder Jerry Yang and private equity interests may make an offer for the company he cofounded. (Reuters)
Analysts begin to expect a weak earnings season. (Reuters)
LG launches a new 4G phone. (Reuters)
BNP Paribas and Societe Generale say they will not raise a rumored $9.4 billion. (Reuters)
Volatile swings indicate the stock market will likely fall. (WSJ)
The Administration uses parts of the federal government to bring foreign investment to the U.S. (WSJ)
Superior Energy to buy Complete Production Services (NYSE: CPX) for $2.7 billion. (WSJ)
As the federal government steps out of the mortgage market, more private lenders worry about the downside results. (WSJ)
Housing and fuel cost fall in China. (WSJ)
The Tea Party attacks General Electric (NYSE: GE) over its ties to Obama and its business in China. (WSJ)
Corporate profits may be hurt by the rise of the value in relationship to the euro. (WSJ)
Talks between the UAW and Chrysler near a resolution. (WSJ)
Demand for business jets weakens. (WSJ)
China closes some Walmart (NYSE: WMT) stores over pork sales. (WSJ)
Toyota (NYSE: TM) to export cars from India to South Africa. (WSJ)
More viewers move from broadcast TV to cable. (WSJ)
Paulson funds badly hit by a gold sell-off. (WSJ)
Wall St. is concerned about bank earnings. (WSJ)
Pensions under pressure to reduce performance forecasts as investment returns around the world slow. (WSJ)
Saudi Arabia says there is no need to change oil production. (WSJ)
Regular wage earners in China are not paid enough to participate in much of the consumer economy. (NYT)
Wireless company profits damaged by technology that allows text messages to bypass carrier charges. (NYT)
UK prime minister says the eurozone only has weeks to get its financial house in order before a systemic collapse. (FT)
Hedge funds have their worst quarter since 2008. (FT)
Forecasters think the U.S. will barely dodge a recession. (Bloomberg)
Alibaba talks to Singapore sovereign fund Temasek about a bid for Yahoo! (Bloomberg)
Douglas A. McIntyre