Chinese companies cut costs for items like safety features to bring down production costs. (Reuters)
Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours. (Reuters)
The Volcker rule will hurt a Morgan Stanley (NYSE: MS) infrastructure fund. (Reuters)
LG launches a new phone with voice recognition features for its camera. (Reuters)
Microsoft Corp. (NASDAQ: MSFT) says Internet Explorer has a security flaw. (Reuters)
Time Warner Cable Inc. (NYSE: TWC) will sell its piece of Clearwire Corp. (NASDAQ: CLWR). (Reuters)
Resistance from several nations in the region hurt an EU plan to create a single bank regulator. (WSJ)
Crude oil drops more than $3 in a minute, raising questions about trades. (WSJ)
The EADS and BAE marriage will face many political challenges across a number of nations..(WSJ)
Chinese property prices rise for the third month. (WSJ)
Canadian auto workers set a deal with Ford Motor Co. (NYSE: F). (WSJ)
The Reserve Bank of India does not cut rates as expected. (WSJ)
Two large Chinese pump manufacturers offer products at extremely low prices. (WSJ)
Ford hopes its Fusion sedan will allow it to better compete with Honda Motor Co. (NYSE: HMC), Toyota Motor Corp. (NYSE: TM), General Motors Co. (NYSE: GM) and Nissan in the mid-sized market. (WSJ)
Investors become more interested in stocks that have and are likely to raise dividends. (WSJ)
A problem with tests will delay Royal Dutch Shell’s (NYSE: RDS-A) $4.5 billion Alaska offshore drilling project. (NYT)
Treasuries signal inflation worries about QE3. (FT)
Europe-based banks that said they would cut assets as the sovereign crisis grew have actually added to them. (Bloomberg)
Rising bond yields on its sovereign paper may force Spain to request aid. (Bloomberg)
Apple shares finally top $700. (Bloomberg)
Douglas A. McIntyre
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