Reuters: The Fed is likely to keep interest rates low for some time.
Reuters: China said the yuan in not behind the US trade gap.
Reuters: A record number of Chinese are unhappy about inflation.
Reuters: The recession left “walking wounded” workers according to a study.
Reuters: Dodd will boost the power of the Fed in his financial reform legislation.
Reuters: Toyota (TM) cast doubts on a runaway Prius clam in California.,
Reuters: A group of Congressmen pressed the Administration on the price of China’s currency
Reuters: Sony (SNE) made a $250 million deal with Michael Jackson’s estate.
Reuters: Wachovia is in talks to settle with regulators about money laundering charges.
WSJ; Lehman fired the whistle-blower in 2008 who brought problems to the government’s attention.
WSJ: A rocket from start-up SpaceX will carry a Loral rocket into space.
WSJ: Boeing (BA) and Airbus face competition from Bombardier and Embraer
WSJ: The Dodd legislation will set up a series of series of winners and loser which will increase the fight between bankers and Congress.
WSJ: Google’s (GOOG) exit from China would help Microsoft (MSFT)
WSJ: Twitter may become available in China soon.
WSJ: Dell (DELL) filed charges against Sony (SNE), Toshiba, Hitachi, and other Asian firms for cartel price setting.
WSJ: China sold $5.6 billion in US Treasuries in January.
WSJ: Consol Energy will pay $3.4 billion to acquire the Appalachian exploration-and-production business of Dominion Resources.
WSJ: PepsiCo (PEP) plans a $15 billion share buyback.
WSJ: Walmart (WMT) will expand the number of states were it offers bank services by 50%.
NYT: More than $700 billion in junk bonds will mature over three years starting in 2012.
NYT: Moody’s said US debt might hurt its Aaa rating.
NYT: Senators moved to pass the new jobs bill.
NYT: Europe created a system to make loans to Greece.
NYT: Medicaid cuts are forcing doctors and patients out of the program.
FT: Congressional members pressed the Administration to challenge China on the price of the yuan.
FT: Barclay’s (BCS) looked at buying part of UBS (UBS) before it bought Lehman assets
FT: Emerging market bond sales hit a record.
FT: The major report on Lehman raised derivative clearing concerns.
Bloomberg: Over several years Ford (F) had major problems with accelerators.
Bloomberg: Europe faces a major struggle with the US over hedge funds and private equity firms.
Douglas A. McIntyre
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