Softbank signals it will not increase its bid for Sprint Nextel Corp. (NYSE: S). (Reuters)
Best Buy Co. Inc. (NYSE: BBY) will dump its Europe presence via selling its stake in Carphone. (Reuters)
Trading profits help UBS A.G.’s (NYSE: UBS) first-quarter numbers. (Reuters)
EBay Inc.’s (NASDAQ: EBAY) PayPal is unable to get Wal-Mart Stores Inc. (NYSE: WMT) to be a client. (Reuters)
Eastman Kodak to give its camera film business to U.K. pensions to cover its obligations to them. (WSJ)
Deutsche Bank A.G. (NYSE: DB) will raise $3.65 billion in new capital. (WSJ)
Nielsen Holdings N.V. (NYSE: NLSN) to start to research online TV viewership. (WSJ)
Chrysler profits fall by two-thirds on falling sales and work to introduce new models. (WSJ)
After a board and investor battle, Occidental Petroleum Corp. (NYSE: OXY) will keep CEO Steve Chazen through 2014. (WSJ)
S&P, Moody’s Corp. (NYSE: MCO) and Morgan Stanley (NYSE: MS) agree to a $225 million settlement about misstating the value of certain mortgage instruments. (WSJ)
Corn prices rise 6.2% on fear that planting in the Midwest could be delayed or cancelled. (WSJ)
A sharp drop in sales in Volkwagen’s core market — Europe — damages its fortunes. (NYT)
BP PLC’s (NYSE: BP) earnings forecast exceeds Wall Street estimates. (FT)
A research firm says the Samsung Galaxy S4 breaks more easily than the Apple Inc. (NASDAQ: AAPL) iPhone 5. (Bloomberg)
Tech upgrades of telecom infrastructure in Europe could force 300,000 workers out of jobs. (Bloomberg)
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