Reuters: CIT (CIT) may be close to bankruptcy.
Reuters: China GDP rose 7.9%.
Reuters: Foreclosures hit a record in the first half of 2009.
Reuters: Obama pressed Congress on a healthcare bill.
Reuters: Talks have not broken California’s budget impasse.
Reuters: Secret laws in China are hurting Rio Tinto (RTP) staff.
Reuters: Americans are turning to theInternet for help for problems due to the recession.
Reuters: Bank of America (BAC) is operating under a secret regulatory agreement.
Reuters: Porsche make accept a merger agreement with VW.
Reuters: Google (GOOG) will face a hard time posting a good second quarter.
WSJ: Top bankers in the US and UK are getting big pay packages.
WSJ: Lenders are having trouble restructuring troubled home loans.
WSJ: Wal-Mart (WMT) is planning “green” ratings on may products.
WSJ: Germany is pressuring GM on an Opel sale.
WSJ: AMR (AMR) posted a large loss.
WSJ: Northrup Grumman (NOC) is being helped by changes at the Pentagon.
WSJ: Citigroup (C) and the FDIC are entering a memo of understanding for the bank can work out its problems quietly
WSJ: Sony Ericsonn (SNE)(ERIC) posted a loss.
WSJ: Apple (AAPL) has blocked the Palm (PALM) Pre for iTunes use.
WSJ: Economic experts are telling Congress to leave the Fed alone.
WSJ: Ford’s (F) debt is becoming an issue.
WSJ: GM is looking for younger buyers for the Buick.
WSJ: UnitedHealth (UNH) and Cisco (CSCO) plan a health network.
NYT: Retailers say that bank fees on their credit cards have hurt their cost of doing business.
NYT: Congress is appointing the head of an investigation into the causes of the financial crisis.
NYT: The government is looking into whether clearing house for derivatives use inside information.
NYT: China says Rio Tinto (RTP) gave bribes to a number of people.
NYT: California IOUs will begin to trade on an open market.
Douglas A. McIntyre
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