Reuters: Obama will seek a three years domestic spending freeze aimed at cutting $250 billion from the deficit by 2020.
Reuters: China tightened bank credit rules.
Reuters: Chinese media criticized the US for “polticizing” the Google (NASDAQ:GOOG) cyber attack incident.
Reuters: Apple (NASDAQ:AAPL) Mac sales were strong but iPhone sales missed forecasts.
Reuters: Goldman Sachs (NYSE:GS) is looking at options as it fights public and Congressional criticism over pay.
WSJ: The US is probing the partners that got AIG (NYSE:AIG) derivatives payouts.
WSJ: GM’s Whitacre will take the CEO job permanently.
WSJ: Support for Bernanke gained momentum.
WSJ: Debt investors believe the credit value of corporations now exceeds that of sovereign debt.
WSJ: Profits at Texas Instruments (NYSE:TXN) rose sharply.
WSJ: Ford (NYSE:F) will begin hiring workers at lower wages than in the past.
WSJ: Justice approved the merger of TicketMaster and Live Nation.
WSJ: Ericsson will cut 1,500 more jobs.
WSJ: Asia LCD manufactures see strengthening LCD demand.
WSJ: VMWare (NYSE:VMW) posted outstanding numbers.
NYTimes: Print publishers are looking to the Apple (AAPL) tablet to lift sales.
NYTimes: The use of wind power rose 39% last year.
NYTimes: The head of GM thinks the best way to attract shoppers is by paying its debt to the US.
NYTimes: Bad news should be told in person and not over e-mail or video conference.
FT: Hackers identified Google employees and their friends to gather data.
FT: Chinese researchers led the world in advances over the past three decades
Bloomberg: Japan’s debt rating outlook was cut by S&P.
Bloomberg: Barofsky, the inspector general of Treasury is looking into payments from AIG to counter parties.
Douglas A. McIntyre