Reuters: A Deutsche Borse deal with the the NYSE (NYSE: NYX) faces regulatory resistance (Reuters)
Reuters: Microsoft (NASDAQ: MSFT) and Nokia (NYSE: NOK) will try to create competition for Google’s (NASDAQ: GOOG) Android (Reuters)
Management bonuses may reach 50% of salaries at GM (NYSE: GM) and Chrysler (Bloomberg)
Tension in Egypt drop crude higher (Reuters)
Apple (NASDAQ: AAPL) has begun work on a smaller version of the iPhone that will cost less than the current one in an effort to attack Android (Bloomberg)
Facebook may allow employees to sell up to $1 billion in stock (AllThingsD)
The rise in 30 year mortgage rates will undermine a housing recovery (WSJ)
Angela Merkel is angry that Axel Weber did not take the post as ECB chief and will press for him to leave as head of Bundesbank (Reuters)
The UK is testing bank finances based on scenarios of severe global disruption (WSJ)
Comscore said Microsoft Bing made strides in market share (WSJ)
US workers may make slightly more money this year which may help the consumer recovery (WSJ)
States must prepare for less federal aid at a time when their deficits are deepening (WSJ)
PepsiCo (NYSE: PEP) said commodity costs will hurt margins (WSJ)
Ebay (NASDAQ: EBAY) will use the success of PayPal to increase its sales growth (WSJ)
Ford Motor (NYSE: F) has begun to aggressively cut debt (WSJ)
The Committee on Foreign Investment in the United States will suggest a deal for China’s Huawei to buy the assets of 3Leaf Systems (WSJ)
Blockbuster will try to sell its assets as its financial position worses (WSJ)
Amazon.com (NASDAQ: AMZN) will close Texas facilities because of the state’s tax structure (WSJ)
The Washington Post (NYSE: WPO) will state a news aggregation site to help people set up their own personal news feeds (WSJ)
Exports have risen but the US will not be able to close its trade deficit soon (WSJ)
The SEC will fight budget cuts that would cripple its programs (WSJ)
Cotton moved up again toward an all-time high (WSJ)
China may lessen currency controls to make the yuan a more powerful part of global currency markets (NYT)
Obama plans a wireless system to bring broadband to much of the US population which odes not have service (NYT)
The Financial Crisis Inquiry Commission found that Citigroup (NYSE: C) was close to going under in 2008 (NYT)
Renault will redouble its attempts to gain global market share (FT)
Rio Tinto (NYSE: RTP) will buy back $5 billion in shares (FT)
Douglas A. McIntyre
It’s Your Money, Your Future—Own It (sponsor)
Retirement can be daunting, but it doesn’t need to be.
Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!
Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.