Reuters: The recession has badly hurt investments in green technologies.
Reuters: Obama called for deeper China ties with the US.
Reuters: BP’s (BP) profits fell sharply.
Reuters: Bank of America (BAC) will cut 10% of its branches
Reuters: The CFTC blamed speculators for swings in oil prices
Reuters: Chiefs of US housing agencies will push lenders harder for aid to homeowners.
Reuters: A new derivatives bill is meant to cut speculation in those markets.
Reuters: US home sales rose sharply in June.
WSJ: The US efforts to modify mortgages to address the foreclosure crisis is not working.
WSJ: The SEC issued rules to ban naked short selling.
WSJ: A “cash for clunkers” rebate program is bring in car buyers.
WSJ: Delphi’s lenders are about to take over the firm.
WSJ: Canon’s profits fell sharply.
WSJ: CEO Pandit said Citigroup (C) will maintain a strong presence in Asia.
WSJ: Start-ups are sharing space to save costs.
WSJ: Verizon (VZ) will cut 8,000 more jobs.
WSJ: Google (GOOG) is working on technology to target TV ads and their content.
WSJ: Time Warner (TWX) bought out Google’s (GOOG) stake in AOL.
WSJ: The head of the Philadelphia Fed expressed concerns about an expanded role for the central bank.
WSJ: GE’s (GE) financial arm is benefiting from government support but investors are concerned about the effects.
WSJ: Unemployment may play a big role in the timing of the recovery.
WSJ: Property stocks are outpacing the rise in Chinese markets causing concern.
WSJ: Aetna (AET) dropped its outlook.
WSJ: Amgen (AMGN) upped it outlook.
NYT: Business class fares have dropped sharply.
NYT: Tech firms are recovering, especially in Asia but the US market is lagging.
FT: China warned banks over an asset bubble.
FT: Apple (AAPL) will launch a tablet PC before the end of the year.
Bloomberg: Toyota (TM) and Nissan cut production last month due to a weak US market.
Douglas A. McIntyre
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