The G20 has begun work to lower chances of a food crisis (Reuters)
China is likely to tighten again (Reuters)
Oil stayed above $89 due to a shutdown of the Alaska pipeline (Reuters)
The CEO of AMD (NYSE: AMD) resigned (Reuters)
AT&T (NYSE: T) may face a hard year once it loses its Apple (NASDAQ: AAPL) iPhone exclusivity (Reuters)
Simon Property abandoned its CSC bid. (Reuters)
An ongoing problem with high unemployment is that people are taking jobs for much less pay than they received before (WSJ)
Goldman Sachs Group (NYSE: GS) will offer much more detailed information about its businesses in financial reports (WSJ)
Concerns rose about Portugal’s finances ahead of a bond auctions (WSJ)
Alcoa (NYSE: AA) posted better than expected results (WSJ)
American Air (NYSE: AMR) sued Sabre over how its ticket prices are displayed for travel agents (WSJ)
Radio Shack will lose kiosks it has in Wal-Mart Sam’s Clubs. (WSJ)
The Fed’s net income rose to $80.9 billion last year (WSJ)
Congress wants to raise the cap on liability for off shore oil accidents (WSJ)
The fortunes of US car makers improved and Ford Motor (NYSE: F) will add 7,000 workers (WSJ)
GM (NYSE: GM) may buy back part of GMAC to help fund car buying (WSJ)
Australian floods lifted the demand for US coal (WSJ)
Toyota Motor (NYSE: TM) increased the size of its Prius line (WSJ)
Intel (NASDAQ: INTC) will settle IP claims with Nvidia (NASDAQ: NVDA) for $1.5 billion (WSJ)
The mutual fund industry proposed a plan to back-stop money market funds during market difficulties (WSJ)
Toyota said it would regain its quality image (NYT)
M&A deal volume has already reached $83 billion this year. (FT)
Investment banks are lining up to get a piece of advisory roles for AIG’s (NYSE: AIG) restructuring (FT)
The European Central Bank is buying Portugal’s bonds (FT)
Basel III components are meant to prevent global bubbles (FT)
Japan will join China as a major investor in EU nation bonds (Bloomberg)
China’s currency reserves rose to $2.85 trillion and caused more concern about inflation (Bloomberg)
Toyota will increase global output as VW tries to challenge it for the No.1 spot in global car sales (Bloomberg)
Douglas A. McIntyre
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