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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