Reuters:   Lawmakers are close to crafting a final financial reform bill.

Reuters:   BP plc (NYSE: BP) shares fell again on clean-up cost concerns.

Reuters:   Large numbers of people stood in line to get Apple Inc.’s (NASDAQ: AAPL) new iPhone.

Reuters:   Goldman Sachs Group (NYSE: GS) had the top global M&A spot for the first half.

WSJ:   Congressional talks about financial reform hit snags.WSJ:   Consumer finance has been altered more than at any time in several decades as state and federal authorities set new guidelines.

WSJ:   The jobs bill was defeated and 1.3 million Americans will lose unemployment benefits.

WSJ:   Firms are increasing spending on manufacturing projects.

WSJ:   The Sun Microsystems deal helped Oracle Corporation (NASDAQ: ORCL) earnings.

WSJ:  Hulu may test a paid service within weeks.

WSJ:   BP oil spill costs reached $2.35 billion.

WSJ:   Profits at Research In Motion (NASDAQ: RIMM) rose but sales were below forecast.

WSJ:   Hasbro (NYSE: HAS) is not pursuing a buyout.

WSJ:   The Supreme Court cut down certain fraud laws that helped convict Enron’s Jeff Skilling.

WSJ:   SAIC Motors will raise almost $1.5 billion.

WSJ:   Congress questioned the FCC about new internet rules.

WSJ:   The FCC will slow its review of the Comcast (NASDAQ: CMCSA) deal to buy GE’s (NYSE: GE) NBCU.

WSJ:   Johnson & Johnson (NYSE: JNJ) will continue to keep a plant that makes children’s medicine closed.

WSJ:   The head of Yahoo! (NASDAQ: YHOO) defended her tenure at the company.

WSJ:   Boeing (NYSE: BA) has found more flaws in the 787.

WSJ:   Twitter settled privacy issues with the FTC

WSJ:   Greek CDS hit $1 million to insure $10 million in debt, which implies a 67% chance that the country will default in the next five years.

NYT:   The new iPhone may have a problem with dropped calls.

NYT:   An MIT study says use of natural gas may double.

FT:   A new bank levy which may be approved by Congress could cost the industry $19 billion.

FT:   The end of the dollar exchange rate with the yuan has not changed the value of the Chinese currency by much.

Bloomberg:   The head of Toyota Motor (NYSE: TM) earns less than CEOs of other Japanese car companies.

Bloomberg:   Income to Michael Jackson’s estate topped $250 million over the last year.

Bloomberg:   Luxury car makers are adding staff.

Douglas A. McIntyre

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