Reuters:   Microsoft (MSFT) is putting more R&D in India.

Reuters:   CIT (CIT) confirmed that it rasied $3 billion.

Reuters:   Bernanke said Fed can control inflation.

Reuters:   California lawmakers agreed to a state budget.

Reuters:   Small business  groups are  seeking help to keep companies afloat.

Reuters:    TI (TXN) profits and outlook beat expectations.

Reuters:   Obama said Wall St. banks have failed to show remorse for their losses.

Reuters:   Investors are looking for more earnings surprises.

Reuters:   Expectations are high for Apple’s (AAPL) earnings.

Reuters:   Halliburton (HAL) profits fell but beat expectations.

WSJ:   Many Swiss banks are declining US deposits in the wake of problems with UBS (UBS).

WSJ:   Deutsche Bank (DB) fired two executives over whether they spied on other managers.

WSJ:   CIT’s fate still rests with regulators.

WSJ:   Executives and other well-compensated employees now receive one-third of all pay in the US.

WSJ:   Yahoo! (YHOO) is expected to launch its homepage as early as today.

WSJ:   The Porsche deal with VW is still facing problems.

WSJ:    Barnes & Noble (BKS) will challenge the Amazon (AMZN) Kindle.

WSJ:   Sony (SNE) has signed a deal with Redbox to supply its films in the distributor’s kiosks.

WSJ:   TD Ameritrade (AMTD) will return hundreds of millions of dollars to customers after settling ARS charges.

WSJ:   Wynn (WYNN) will have an IPO of its Macau assets.

WSJ:   The New York Times (NYT) Boston Globe property will cut wages and benefits.

WSJ:   Morgan Stanley (MS) will be the primary adviser on spin-outs of AIG (AIG) assets.

WSJ:   LG is taking market share from rival cell phone companies.

WSJ:   Toyota (TM) said it lost touch with the US market.

WSJ:   GM has three final bids for Opel.

WSJ:   UnitedHealth (UNH) will buy part of Health Net.

NYT:   Policy markets are trying to revive US manufacturing.

NYT:   Barnes and Noble plans to make itself the world’s largest online bookstore.

NYT:   Congress may back off from large taxes for the rich to fund health care changes.

FT:   Swine flu vaccines are likely to make GlaxoSmithKline (GSK), Roche, and Sanofi-Aventis billions of dollars.

Bloomberg:   Summers challenged banks on foreclosures.

Douglas A. McIntyre

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