Reuters: Bernanke denied putting pressure on Bank of America (BAC) over the deal to buy Merrill Lynch.

Reuters:   GM said a bankruptcy delay would destroy suppliers.

Reuters:   Nominees have started to emerge for the panel to examine the Wall St. meltdown.

Reuters:   UBS (UBS) said the $3.5 billion it is raising in not attached to individual needs.

Reuters:   Palm’s (PALM) Pre helped earnings.

Reuters:   Google’s (GOOG) rift points to trouble ahead.

Reuters:   MySpace has begun to redefine its mission (NWS).

Reuters:   Lear is preparing to file bankruptcy.

WSJ:   Firms are racing to refinance their debt.

WSJ:   Retailers are cutting back on the variety of their merchandise.

WSJ:   The delay of the Boeing (BA) 787 is affecting aircraft leasing firms.

WSJ:   GDP was revised to a 5.5% decline for Q1.

WSJ:   Home prices rose in California.

WSJ:   Unemployment is causing problems for plans to help foreclosure rates.

WSJ:   AIG (AIG) will repay debts through the IPO of its Asia unit.

WSJ:   Microsoft (MSFT) plans to lure buyer for Windows 7 with aggressive pricing.

WSJ:   Boston Scientific (BSX) appointed a new CEO.

WSJ:   Woolworths expects a rebirth online.

WSJ:   The CEO of Yahoo! (YHOO) brushed off talk about a Microsoft (MSFT) tie-up.

WSJ:   LG debuted an ultra-thin TV.

WSJ:   Brazil’s VisaNet raised $4.27 billion in its IPO.

WSJ:   Sirius XM (SIRI) rose on a strong debt sale.

WSJ:   Exxon Mobil (XOM) is making plans that will drop the price of liquefied natural gas.

WSJ:   Time Warner (TWX) may be planning to divest Time, Inc.

WSJ:   A supply delay in Nigeria pushed up oil prices.

WSJ:   GM is working with states on how car accident victims and deals will be treated.

WSJ:   Toyota’s (TM) chief said the company will cater more to regional interests.

WSJ:   The head of music programming at Sirius left for Clear Channel.

NYT:   Obama and Congress are fighting of how the healthcare bill will be funded.

NYT:   Italy seized billions in fake Treasuries.

NYT:   New ad programs are tailored to tracing interactions on social networks.

NYT:   Qantas canceled orders for Boeing (BA) 787s.

NYT:   The Fed cut back some emergency lending programs.

FT:   Russia is considering a bail-out for banks.

FT:   M&A is running at its lowest level in five years.

Bloomberg:   Bernanke’s problems over the B of A merger with Merrill may undercut plans to expand Fed powers.

Bloomberg:   Consumer spending in the US probably rose in the latest period.

Douglas A. McIntyre

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