MarketWatch: Shanghai closed down 2% and Europe is weak
MarketWatch: The euro hit a four year low against the dollar.
Reuters: BP plc (NYSE; BP) says it is making progress with the leak.
Reuters: Volcanic ash has grounded hundreds of fights in the UK
Reuters: MaterCard (NYSE: MA) is fighting to keep credit card fees.
Reuters: Exports and the weak euro may help Greece.
Reuters: Oil fell below $70.
Reuters: Apple Inc’s (NASDAQ: AAPL) is replacing the Research-in-Motion (NASDAQ: RIMM) Blackberry among some bankers.
Reuters: Google Inc (NASDAQ: GOOG) says it mistakenly collected data from some wireless users.
Reuters: China’s Tencent is looking for internet acquisitions.
Reuters: The US will hire an adviser to dispose of its GM shares.
WSJ: Prudential plc launched its $21 billion rights offering to buy AIA from American International Group (NYSE: AIG).
WSJ: Sovereign wealth funds cut down investments levels last year.
WSJ: Knauf Plasterboard Tianjin settled with Beazer Homes (NYSE: BZH) over defective wall board.
WSJ: CEOs who used new tactics during the recession at keeping them
WSJ: GM has not benefitted from union concessions made three years ago.
WSJ: It has become difficult to make bioidentical generic versions of biotech drugs.
WSJ: Eastman Kodak’s (NYDE: EK) marketing head will leave.
WSJ: The Europe debt problem is hurting corporate bonds as investors move into Treasuries.
NYT: The European crisis could spread to be banks.
NYT: The role of high frequency traders is drawing interest from regulators.
NYT: Management at Google’s YouTube say that feature-length video is drawing more viewers.
NYT: Foreign companies are fighting China restrictions.
NYT: The pressure is growing on Spain to curb digital privacy
FT: The Democrats say that they are open to talks on derivatives.
FT: Germany is called for more budget discipline among Eurozone nations.
FT: Some hedge funds were badly hurt by market volatility.
FT: KMPG and PwC may challenge Moody’s (NYSE: MCO) and S&P in the ratings business.
FT: Google, Intel (NASDAQ: INTC), and Sony (NYSE: SNE) will launch an internet TV venture.
Bloomberg: Oil spill lawsuits are rising quickly.
Douglas A. McIntyre
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