The European Central Bank has been strongly pressures to help with the region’s financial crisis (Reuters)
Geithner has started to work with Congress on the fate of the Bush tax cuts (Reuters)
Regulators and banks may settle over the role of the financial institutions in the mortgage securities debacle (WSJ)
Qantas may sue Roll Royce over engine problems (Reuters)
Gold moved back toward highs on concerns about Europe (Reuters)
The head of the FCC said he was in favor of some type of internet bandwidth rationing (Reuters)
A Google (NASDAQ: GOOG) purchase of Groupon could face government antitrust hurdles. (Reuters)
Japan approved a partnership between Google and Yahoo! Japan (Reuters)
Several members of the Presidental commission on the deficit have approved its recommendations even though they are from opposite parties (WSJ)
The Federal Reserve disclosed that some foreign banks got cash during the credit crisis (WSJ)
Congress is likely to extend tax cuts at least for now (WSJ)
A lack of access to credit could cause some midsized companies to go bankrupt (WSJ)
Merck (NYSE: MRK) will buy SmartCells for $500 million (WSJ)
US car sales moved higher by 17% last month (WSJ)
The US recovery has gained ground, but not enough to create jobs (WSJ)
Fed officials want Congress to combine long-term deficit reduction with the central bank’s monetary policy (WSJ)
The Obama Administration will continue bans on some off-shore drilling (WSJ)
The IMF may double its lending capacity to over $450 billion. (WSJ)
China has begun a crack down on cyberhackers (WSJ)
New legislation would prevent internet companies from following the online habits of children (WSJ)
Hulu wants to expand overseas and may add new investors (WSJ)
research In Motion sued Kik Interactive over patent violations (WSJ)
Google will supply e-mail and applications to the GSA (WSJ)
The MBA Career Services Council sales hiring is still slow (WSJ)
Hedge funds will raise more money in Asia (WSJ)
Insurers are fighting for a plan to allow some companies to have limited health plans (NYT)
Verizon Wireless will launch its 4G LTE plan this week (NYT)
There is a rise in global manufacturing in Northern Europe and much of Asia (FT)
Wal-Mart (NYSE: WMT) is building smaller stores in China (FT)
A large amount of the profits of Bank of America (NYSE: BAC) now comes from Asia (Bloomberg)
Douglas A. McIntyre
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