Reuters: GM’s new board endorsed the company’s new plans.
Reuters: The Senate will probably approve “cash for clunkers” aid.
Reuters: Sony (SNE) will enter the market with an e-reader to compete with Amazon (AMZN).
Reuters: Disarray in the Administration is hurting plans for changes in financial regulation.
Reuters: The service sector probably contracted at a slower pace in July.
Reuters: PepsiCo’s (PEP) deal to buy two bottlers was a windfall for their investors.
Reuters: Yahoo! (YHOO) will get slightly more revenue in the last five years of its search deal with Microsoft (MSFT).
Reuters: Some investors are concerned by the huge corporate bond rally.
WSJ: Economists upgraded their second half forecasts.
WSJ: Small inventories at car dealers could slow the progress of the “cash for clunkers” program.
WSJ: Health lobbyists are pressing Congress on health care reform issues.
WSJ: The SEC will consider restrictions on flash trading.
WSJ: The home loan modification program is off to a slow start.
WSJ: The chairman of GM says the car company must be No.1 in the US market.
WSJ: Electronic Arts (ERTS) had drops in sales and profits.
WSJ: Land prices are rising quickly in China.
WSJ: Construction spending on private projects is still low while spending on public projects is rising.
WSJ: Whole Foods plans to educate its shoppers about healthy eating.
WSJ: GE (GE) settled civil fraud charges by the SEC.
WSJ: Microsoft (MSFT) will hire 400 Yahoo! (YHOO ) employees.
WSJ: Sony (SNE) will produce two e-readers.
NYT: India has been caught short on its supply of sugar.
NYT: US mortgage efforts are only helping 9% of eligible owners.
NYT: Europe leads the US in broadband use.
FT: Online retailers will launch stores on Facebook.
FT: Analysis has found discrepancies in China’s growth figures.
FT: Prime borrowers are falling behind on mortgages.
Bloomberg: The Bank of England will end bond purchases.
Douglas A. McIntyre
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