Reuters: Obama plans to pressure health insurance prices as part of new reforms.
Reuters: A Toyota (TM) memo shows the company worked to keep the costs of one of its recalls to $100 million by convincing regulators to limit a safety inquiry.
Reuters: Greece said broader Eurozone rules for national finances are needed.
Reuters: Five former Treasury Secretaries backed the Volcker rule.Reuters: Schlumberger (SLB) bought Smith International (SII).
WSJ: Geithner’s political problems have hurt his authority.
WSJ: Many European nations may have used complex financial instruments to hide their debts.
WSJ: Investigators are closer to catching the Google (GOOG) China hackers.
WSJ: Pressure has grown to take GSK’s (GSK) Avandia off the market.
WSJ: The success of US athletes could help NBC (GE) cut into an expected $250 million loss.
NYT: China set new rules to lessen the risks of lending.
NYT: The next big battle ground for chip companies is smartphones.
NYT: Networks are worried about Apple’s (AAPL) plan to offer $.99 TV shows.
NYT: Texting has passed instant messaging as the preferred way to communicate via cellphone.
FT: The head of RBS (RBS) will get no bonus for last year.
FT: China now take more oil from Saudi Arabia than the US does.
Bloomberg: Derivatives show the worst is still to come for Greece’s finances.
Douglas A. McIntyre