A blue ribbon jobs council told Obama to put fewer restrictions on construction and make it easier for tourists to visit the US. (Reuters)

Indonesia backed LeGarde for IMF chief. (Reuters)

Trouble with the economy is likely to push stocks lower. (Reuters)

A slow US economy and higher Saudi oil output pressed prices lower. (Reuters)

Apple (NASDAQ: AAPL) store employees may push for a union (Reuters)

An cyber-attack on the IMF was meant to steal data. (Reuters)

The Prada IPO is oversubscribed by a factor of five times. (Reuters)

Citigroup (NYSE: C) waited as long as three weeks to disclose a cyber-attack on credit card data. (WSJ)

Gold miners may offer dividends to compete more effectively with ETFs. (WSJ)

A poll of economists by the WSJ found many concerned about the pace of job additions. (WSJ)

The competition for Nortel patents increased. (WSJ)

The Pandora IPO has created strong interest.(WSJ)

Subprime mortgage derivative prices have fallen enough to draw investors . (WSJ)

Credit policies of the Brazilian National Development Bank could push inflation higher. (WSJ)

The final plans to shut down Lehman involves the disposal of $8 billion of CDS in municipal debt. (WSJ)

Stanley Fisher of Israel said he was a candidate to be IMF chief. (WSJ)

A study by UHY International says Europe has higher effective tax rates than other areas of the world. (WSJ)

IBM (NYSE: IBM) is close to the selection of a new CEO. (WSJ)

Pfizer (NYSE: PFE) is in court in a attempt to expend a Viagra patent which could last until 2019.(WSJ)

Ford (NYSE: F) may have to pay dealers that were closed $2 billion due to severance of contracts that were in existence when they were shut down. (WSJ)

Spotify may launch its service in the US soon. (WSJ)

Harvard Business School will have more people with manufacturing and tech backgrounds in the new class of students. (WSJ)

A group of Canadian firms will bid for the TMX which is already in play. (WSJ)

The spread between WTI crude futures and Brent has widened again. (WSJ)

Some economists see Greece as the next Lehman Bros. (NYT)

Foreign banks are fighting a US law that  makes  them give up customer data to regulators. (FT)

US banks have cut Treasury positions ahead of the August debt ceiling deadline. (FT)

The ECB and Germany may compromise over plans for new Greek loans. (Bloomberg)

Douglas A. McIntyre

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