Poor jobless figures may force the Fed to adopt QE3. (Reuters)
BP PLC (NYSE: BP) tries to blame workers on the Deepwater Horizon for the accident that caused a huge oil spill. (Reuters)
Amazon.com Inc. (NASDAQ: AMZN) launches a family of tablets to challenge Apple Inc. (NASDAQ: AAPL). (Reuters)
Glencore’s $34 billion bid for miner Xstrata likely will be blocked by shareholders. (Reuters)
HTC may add more Microsoft Corp. (NASDAQ: MSFT) Windows-powered phones to its lineup. (Reuters)
Apple will not use Audience Inc. (NASDAQ: ADNC) chips in the new iPhone. (Reuters)
News Corp. (NASDAQ: NWSA) offers $2 billion for pay TV company Consolidated Media Holdings. (Reuters)
Apple cuts memory chip orders from Samsung for the iPhone. (Korea Economic Daily)
Morgan Stanley (NYSE: MS) and Goldman Sachs (NYSE: GS) aggressively sell bonds to customers as a way to bring down interest rates. (WSJ)
A judge approves a settlement over e-book monopoly price practices by Simon & Schuster and HarperCollins. (WSJ)
Microsoft will add thousands of new workers in China as it attempts to ramp up sales there. (WSJ)
Strikes by cabin crews cause Lufthansa to cancel flights. (WSJ)
Ford Motor Co. (NYSE: F) launches a number of new cars in Europe, but will try to cut losses there. (WSJ)
Some in Germany say the limitless ECB bond buying could ruin the euro. (NYT)
Nomura will cut $1 billion in expenses in Europe. (NYT)
China will invest nearly $150 billion in new infrastructure. (FT)
The Senate will investigate J.P. Morgan Chase & Co. (NYSE: JPM) trading losses at its London office. (FT)
EMarketer reports that Twitter will bring in more revenue from mobile ads than Facebook will this year. (FT)
Douglas A. McIntyre
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.