Hackers broke into Senate computers. (Reuters)
Chinese inflation hit a 34-month high last month. (Reuters)
A slow economy could affect debt talks between the Republicans and Democrats. (Reuters)
Oil moved higher on strong China output numbers. (Reuters)
Nokia (NYSE: NOK) said Apple (NASDAQ: AAPL) agreed to use several of its patents. (Reuters)
Hewlett-Packard (NYSE: HPQ) changed a number of its senior managers and said it would concentrate on the Third World. (Reuters)
GM (NYSE: GM) said Opel is not on the market. (Reuters)
Chinese inflation may mean the government will continue to tighten. (WSJ)
More companies have begun to match 401(k)’s now that the recession has ended. (WSJ)
Avis Budget Group (NYSE: CAR) will buy Avis Europe. (WSJ)
Investors think inflation will continue, even if the economy slows. (WSJ)
Honda (NYSE: HMC) expected its profits to fall . (WSJ)
The US said Bank of America (NYSE: BAC) had “hindered” its investigations on mortgage practices. (WSJ)
AMD (NYSE: AMD) will try to make its chips more competitive with Intel’s (NASDAQ: INTC). (WSJ)
S&P cuts its rating of Greece by three levels. (WSJ)
The IMF says Israel’s Fisher is too old to run the agency. (WSJ)
VF agreed to buy Timberland. (WSJ)
Epilepsy pill Potiga got government approval. (WSJ)
The head of Beazer left after a settlement of SEC charges. (WSJ)
Saab got more investments from Chinese firms. (WSJ)
Forest Laboratories has been pressured by Icahn to add board members. (WSJ)
A Massachusetts pension fund said it was overcharged by Bank of New York Mellon. (WSJ)
Greece’s banks may hurt chances for a bailout. (WSJ)
The National Labor Relations Board charges against Boeing (NYSE: BAC) will go to court. (NYT)
Comcast (NASDAQ: CMCSA) will offer customers Skype video calls on their TVs (NYT)
Greece’s debt rating is not the worst in the world among sovereign nations. (FT)
Google (NASDAQ: GOOG) bought AdMeld for $400 million. (FT)
Glencore’s first quarter profit rose 47%. (Bloomberg)
Inflation in India was above 9% last month. (Bloomberg)
Pandora will try to raise $176 million after 10 years of red ink. (Bloomberg)
Douglas A. McIntyre
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