According to Reuters, Congress and The White House are working on the final stimulus package.

Reuters reports that Wall St CEOs will defend their use of bailout money before Congress.

Reuters reports that the US has put together a $2 trillion financial stimulus package.

Reuters reports that EchoStar (DISH) is offering Sirius (SIRI) a lifeline.

Reuters reports that Wal-Mart (WMT)  is eyeing expansion in Chicago.

Reuters reports that Credit Suisse (CS) posted a record loss.

Reuters reports that a senator says GM (GM) will meet the date to present its restructuring plan.

The Wall Street Journal reports that GM (GM) will cut its salaried staff by 14%.

The Wall Street Journal writes that cutting foreclosures has been difficult.

The Wall Street Journal writes that the mortgage servicing business is being swamped by foreclosures.

The Wall Street Journal reports that AIG (AIG) may sell its car insurance business.

The Wall Street Journal reports that Intel (INTC) is forging ahead with plans for a $7 billion expansion.

The Wall Street Journal reports that AMD (AMD) shareholders will vote on a spin off of its manufacturing unit.

The Wall Street Journal reports that drops in commodities prices are hitting Latin America hard.

The Wall Street Journal reports that the trade gap probably narrowed but that few people are watching the data now.

The Wall Street Journal reports that Kuwait is facing a banking crisis.

The Wall Street Journal reports that GE (GE) moved capital into its financial unit.

The Wall Street Journal writes that it is no time for Time Warner (TWX) to cut its Time Warner Cable (TWC) business.

The Wall Street Journal reports that Chinalco  is close to a deal to put money into Rio Tinto (RTP).

The Wall Street Journal reports that DirecTV (DTV) added subscribers but its income fell.

The Wall Street Journal reports that Live Nation will use stock to buy TicketMaster.

The Wall Street Journal reports that viewers are tapping more free content on the web.

The New York Times reports that vulture investors are looking at more distressed assets.

The New York Times reports that Chinese exports plummeted in January.

The FT reports that China imports fell 43%.

Bloomberg reports that Pimco says the there will be a “second wave” to the financial crisis.

Douglas A. McIntyre

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