According to Reuters, if the big transportation bill does not pass states will miss out on funds for roads, bridges, and tunnels.
Reuters reports that Buffett attacked bank “stress tests.”
Reuters writes that The Boston Globe could get a shutdown notice today.
Reuters reports that Fiat could seek a merger with GM (GM) Europe and a public listing of the company.
Reuters writes that Bank of America (BAC) plans to raise $10 billion.
Reuters reports that AIG (AIG) is close to selling its Japan headquarters.
Reuters writes that 13 Asian countries have raised capital to help nations in the region if they have capital shortages.
Reuters reports that Sprint (S) may outsource its network to Ericsson (ERIC).
Reuters report that the Boeing (BA) 787 should fly in Q2.
Reuters writes that jobs numbers for April should be a stress test of their own.
The Wall Street Journal reports that the New York Fed chairman faces questions about ties to Goldman Sachs (GS).
The Wall Street Journal reports that banks are getting tough on credit lines.
The Wall Street Journal reports that there is a growing demand for US dollars by overseas banks.
The Wall Street Journal reports that KKR is close to buying a brewer in Korea.
The Wall Street Journal reports that publishers are looking for alternatives to the Amazon (AMZN) Kindle.
The Wall Street Journal reports that new ads from Starbucks (SBUX) and McDonald’s (MCD) will start a coffee war.
The Wall Street Journal reports that the government is helping banks and car companies find new executives.
The Wall Street Journal reports that GM (GM) negotiations shifted into high gear.
The Wall Street Journal writes that Wal-Mart (WMT) is expanding its affordable drug program
The Wall Street Journal reports that Asustek Computer is fighting larger competitors to defend its cheap notebook market share.
The Wall Street Journal writes that semiconductor sales fell 30%.
The Wall Street Journal reports that the economy has pulled out of its steep dive and may even grow again soon.
The Wall Street Journal reports that the Nasdaq is up 9% this year, but it may be too late to buy tech.
The Wall Street Journal reports that theme parks will be the key to Disney’s (DIS) quarter.
The New York Times writes that “stress tests” may allow the Administration to say that the financial system is stronger than expected.
The New York Times reports that China’s manufacturing numbers are expanding again.
The New York Times reports that the huge US need for debt is pushing up its cost of borrowing.
The New York Times writes that services that abbreviate long web addresses are doing well as ways to track Internet use patterns.
The FT reports that Bank of America (BAC) and Citigroup (C) are making their last push against conclusions from “stress tests.”
The FT reports that Chinalco is defending it move to take a piece of Rio Tinto (RTP).
Bloomberg reports that Citigroup (C) will try to get more money from private investors.
Bloomberg writes that Obama may favor a Chapter 11 taking UAW needs over those of creditors.
Douglas A. McIntyre
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