Reuters: GM will recall 1.3 million cars for steering problems.
Reuters: China would like one price for iron ore to cut commodity speculation.
Reuters: Two software services will help telcos as they offer alternatives to Google’s (GOOG) Android and Apple’s (AAPL) operating system.
Reuters: Toyota (TM) will announce March sales incentives.
WSJ: Staffing problems at federal agencies are holding back jobs programs.
WSJ: The Senate is close to a deal for banking reform.
WSJ: AIG (AIG) got about double what it might have for its Asia unit by not selling it a year ago.
WSJ: GM will announce a shake-up in its sales operations.
WSJ: Rio Tinto (RTP) uses robots to mine some iron ore.
WSJ: Japan’s jobless rate improved.
WSJ: Goldman Sachs (GS) added “bad press” to its list of risk factors in SEC filings.
WSJ: Deflation is a threat to the eurozone.
WSJ: The NYSE is in a fight with the IRS over payments for former CEO Dick Grasso.
WSJ: Debt from sovereign nations may be no more attractive than some corporate debt in the future.
NYT: Data shows that Toyota (TM) did not recall some Camry models that had problems.
NYT: Digital billboards may hurt highway safety.
NYT: An error blocked Sony (SNE) PS3 players from access to the games network.
NYT: Dodd wants to give the Fed the role of consumer protection agency.
NYT: The Greek government said more cuts in its budget needed to be made.
NYT: GM tripled it investment in Opel.
FT: Asia funds, some of them sovereign, will back Prudential’s deal to buy AIG’s Asia insurance unit.
FT: Goldman Sachs (GS) had a record number of $100 million profitable trading days last year.
FT: The volume of global goods traded rose 4.8% in December.
Douglas A. McIntyre
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