Reuters: Bernanke will be reappointed as Fed chief.
Reuters: New deficit projects could hurt Obama’s plans.
Reuters: The SEC and Bank of America (BAC) asked a judge again to approve a deal regarding Merrill Lynch bonuses.
Reuters: GM is considering keeping Opel.
Reuters: Auto dealers are being swamped with trade-ins now the the “clunkers” program is lending.
Reuters: There will be a political fight over Wall St. pay disclosures.
Reuters: GameStop (GME) says it CFO will retire.
WSJ: Apple’s (AAPL) Jobs is focusing on the company’s new tablet product.
WSJ: Regulators will look into the Goldman Sachs (GS) practice of giving research comments to preferred clients.
WSJ: Companies willing to spend money to expand during the recession are having success.
WSJ: Brazil’s new reserves will help Shell’s exploration plans (RDSA).
WSJ: Mortgage holders who fall behind in payments are less likely to catch up than in the past.
WSJ: Nokia (NOK) will move into the netbook market.
WSJ: Yahoo! (YHOO) made changes to its e-mail and messaging services.
WSJ: Schwab (SCHW) is fighting an attempt by NYS’s Cuomo to cover ARS losses of clients.
WSJ: There may be a double dip in housing prices.
WSJ: Best Buy (BBY) was hurt by a drop in demand for HD-TVs.
WSJ: Fannie Mae (FNM) and Freddie Mac (FRE) surged on news that the Fed bought mortgage paper.
WSJ: There are troubling comparisons between Google (GOOG) growth and eBay’s (EBAY) in 2005-2006.
WSJ: Toyota (TM) announced a recall in China.
WSJ: Sinopec (SNP) is looking overseas to help production.
NYT: China is moving ahead of the US in solar energy research.
FT: GM may keep Opel.
FT: Yahoo! (YHOO) will keep fighting Microsoft (MSFT) over internet tools like e-mail.
FT: A sustained recovery could be hurt by lack of imports among the world’s largest nations.
FT: China’s exports passed Germany’s in the first six months.
Bloomberg: The FDIC may ease rules to allow private equity firms to buy banks.
Bloomberg: Citigroup (C) has added 1,400 people to help modify home loans.
Douglas A. McIntyre
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