Moody’s cuts Spain’s rating and said current cuts were possible (Reuters)
China posted a trade deficit of $7.3 billion. It was the worst in seven years and may have been caused by national holidays (Reuters)
A Reuters/Ipsos poll showed Americans believe the US is on the wrong track. Gas prices were a major cause (Reuters)
Microsoft (NASDAQ: MSFT) has sold 10 million Kinect devices (Reuters)
LG is in 3D TV panel discussions with Sony (NYSE: SNE) (Reuters)
Glencore’s IPO is not expect to meet resistance from regulators (Reuters)
Genetic engineering allow the development of a new Lupus drug (WSJ)
The Senate may create an “online privacy bill of rights” (WSJ)
A shareholder rights groups said the new CEO of Hewlett-Packard (NYSE: HPQ) was too involved in board selections (WSJ)
The EU defended its new bank stress test plans which were weaker than expected (WSJ)
A bankruptcy judge will soon decide what will happen to Blockbuster (WSJ)
Boeing (NYSE: BA) may build larger planes to drive future demand (WSJ)
Motorola Mobility’s plan to sell its network gear business to Nokia Siemens was delayed by China regulators (WSJ)
Plans to cut the deficit gained ground in the Senate (WSJ)
Inflation in Asia could rise because of labor shortages and increased commodities costs (WSJ)
China will spend more on affordable housing (WSJ)
The heads of hot start-ups have more control over money raises (WSJ)
Exxon Mobil (NYSE: XOM) reaffirmed its investment in oil production (WSJ)
US freight railroad will spend more on infrastructure upgrades (WSJ)
An EU-wide solutions to sovereign debt problems is likely to be scuttled by Germany (WSJ)
The CME appears to have decided against an NYSE (NYSE: NYX) bid (WSJ)
AIG (NYSE: AIG) will defend its $65 billion in tax loss benefits (WSJ)
HCA priced its IPO at $30 (WSJ)
PIMCO sold its US government securities (WSJ)
Heat damaged coffee crops in Columbia which will raise prices (WSJ)
Libya’s largest oil terminal is on fire (FT)
Some Canadian banks are fighting a merger between the Toronto Stock Exchange and LSE (FT)
ING is trying to sell its US online bank (Bloomberg)
The Times Education unit ranked Harvard as the world most admired university.
Douglas A. McIntyre
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
