Reuters: G20 nations have no agreement on a bank levy.
Reuters: Buffett’s testimony before the Financial Crisis Inquiry Commission did little to change members’ views of the ratings agencies.
Reuter: Facebook’s CEO has not set a date for an IPO.
Reuters: Tablet PCs are seen as a follow-up to the success of netbooks.
Reuters: Shares in Tokyo rose 3%.
Reuters: The BOJ warned of dangerously high levels of public debt.
Reuters: Nearly 5 million people have downloaded the Skype app for the Apple Inc. (NASDAQ: AAPL) iPhone.
Reuters: Ebay’s (NASDAQ: EBAY) CEO says iPhone app downloads could triple.
Reuters: AT&T (NYSE: T) will stop its unlimited data plan.
Reuters: General Growth will stick with the Brookfield bid.
WSJ: Digital self-publishing is hurting the book industry.
WSJ: AT&T will charge heavy bandwidth users.
WSJ: Retail sales stayed weak in May according to MasterCard Spending Plus
WSJ: Plans to limit trading are causing good traders to leave banks.
WSJ: Germany and France are battling over financial regulations.
WSJ: Walgreen Co. (WAG) will start to sell beer and wine again.
WSJ: Qualcomm’s (NASDAQ: QCOM) Flo TV has not attracted many customers.
WSJ: Arm, IBM (NYSE: IBM) and others will start a venture to advance Linux.
WSJ: US car sales rose in May
WSJ: Electric cars may run into the problem of how long they can go without charges.
WSJ: Ford Motor (NYSE: F) will phase out Mercury.
WSJ: Nielsen plans an IPO.
WSJ: Agriculture Bank of China has set a huge IPO
NYT; Nokia-Siemens is in talks to build LTE for a number of carriers.
NYT: A new report from Dartmouth questions healthcare savings.
NYT: The founders of file sharing company Kazaa are selling music online.
NYT: Toyota (NYSE: TM) May sales were below expectations.
FT: BP plc (NYSE: BP) said it was not ready for the Deepwater Horizon spill.
FT: Steve Jobs of Apple sees a decline in the popularity of Microsoft (NASDAQ: MSFT) Windows.
FT: Greece has begun the process of privatization.
Bloomberg: BP (NYSE: BP) may sell its Prudhoe Bay stake to finance Gulf problems.
Bloomberg: Exxon Mobil (NYSE: XOM) will up its bet on algae biofuels to $600 million.
Bloomberg: Skype will charge for 3G calls.
Bloomberg: Lexus sales remained well ahead of Mercedes and BMW.
Bloomberg: American International Group (NYSE: AIG) bankers say its AIA unit is worth $36 billion.
Douglas A. McIntyre
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