Reuters: Met Life (MET) is close to buying AIG’s (AIG) foreign insurance unit for $15.5 billion.
Reuters: Subway will try to catch McDonald’s (MCD) in China by 2020.
Reuters: Greece’s central bank chief said his nation would not need outside aid.
Reuters: The head of the IMF said Greece’s debt problem would not spread.
Reuters: Senators are debating the issue of the oversight of the Fed.
Reuters: The FDIC is trying to get pension funds to invest in failed banks.
Reuters: Economists believe that the Fed will hike rates in six months.
Reuters: Kraft (KFT) is under investigation in the UK over its deal to buy Cadbury.
Reuters: Cablevision (CVC) got ABC (DIS) back online for the Oscar’s
Reuters: Bulls may run further from the market’s March 2009 lows.
WSJ: One of the great bull markets in history hit its one-year anniversary but many individual investors are missing.
WSJ: Royal Dutch Shell (RDS) and PetroChina (PTR) made a bid for Arrow Energy.
WSJ: Cisco (CSCO) will try to emerge from the recession stronger than when it went in.
WSJ: China Unicom (CHU) is working with Apple (AAPL) to market iPhones with WiFi capacity.
WSJ: Last year, the number of coupons redeemed rose 27% to 3.3 billion.
WSJ: A federal law will kill a 10-year period when Social Security payments were not made on defaulted debt.
WSJ: China says the ball is in the US court to improve relationships.
WSJ: The Treasury may have to offer higher yields for its paper.
WSJ: GM will try to sell Cadillacs in Europe.
NYT: Obama will offer a plan to give home sellers $1,500 to sell houses at a loss and incentives for banks.
NYT: Ebay (EBAY) is developing ways to sell green products.
NYT: Microsoft’s (MSFT) requirement to open its browser offerings in Europe is helping smaller firms.
FT: Some Senators want bank oversight to stay at the Fed.
FT: China may kill the relationship between the yuan and US dollar.
FT: The Euro zone is considering its own IMF-style fund.
FT: Toyota (TM) will fight claims that electronics problems caused accelerator issues.
Bloomberg: The President of France said he was willing to aid Greece.
Bloomberg: Dubai World has asked banks to allow it to delay payment by six months.
Douglas A. McIntyre
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