Bank of America Corp.’s (NYSE: BAC) chief executive will hold shares he is granted longer than expected as part of his pay package. (Reuters)
The Dell Inc. (NASDAQ: DELL) board begins the process of reviewing a bid from Carl Icahn and Blackstone Group L.P. (NYSE: BX). (Reuters)
The International Monetary Fund sends Ireland another $1.25 billion under a previously approved deal. (Reuters)
Citigroup Inc. (NYSE: C) analysts point out that only the largest companies in America have huge cash balances and that smaller companies often have more risky balance sheets. (Reuters)
Apple Inc. (NASDAQ: AAPL) buys WifiSlam. (Reuters)
The nationalization of Spain’s big banks causes losses for major investors. (WSJ)
T-Mobile will launch “no contract” phone deals that start at $50 a month. (WSJ)
HTC will release its One phone, which may be the key to the company’s future. (WSJ)
The government may recruit hackers from high schools to help defend against cyberattacks on the United States and big companies. (NYT)
Spain probably will show a larger deficit than expected, which will hamper the government’s effort to improve its financial situation. (Bloomberg)
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