Hurricane Irene will move up the East Coast, possibly hurting business activity. (Reuters)

Sprint-Nextel (NYSE: S) to begin selling the Apple (NASDAQ: AAPL) iPhone 5 in mid-October. (Reuters)

Samsung to begin an aggressive push to sell smartphones in emerging markets. (Reuters)

China says Google (NASDAQ: GOOG) has not asked for approval of its deal to buy Motorola Mobility (NYSE: MMI). (Reuters)

Japan employs new measures to stop the rise of the yen. (WSJ)

EU nations begin sharp cuts in defense budgets. (WSJ)

Profits of miner BHP Billiton (NYSE: BHP) rise sharply. (WSJ)

Facebook adds new privacy controls for its users. (WSJ)

Groupon runs into trouble as its builds its China business. (WSJ)

Regional manufacturing indices show an economic slowdown across the country. (WSJ)

Eurozone governments may ask Greece to pledge real estate and other assets against new loans. (WSJ)

Oil exports from Libya to start soon. (WSJ)

China warns Sina (NASDAQ: SINA) about its Weibo microblogging service. (WSJ)

Kraft (NYSE: KFT) cuts its coffee prices by 6%, which affects Maxwell House and Yuban. (WSJ)

Heinz (NYSE: HNZ) adds more low-priced products to bolster sales while the economy slows. (WSJ)

Dish Network (NASDAQ: DISH) to start a national 4G service. (WSJ)

Markets continue to pound the price of Bank of America’s (NYSE: BAC) stock. (WSJ)

The FDIC says the number of troubled banks in the U.S. fell in the second quarter. (WSJ)

Moody’s cuts Japan from Aa2 to Aa3. (WSJ)

The Green Street Advisors Commercial Property Price Index was unchanged in July. (WSJ)

Consumer electronics companies that cannot get strong sales for tablet PCs and smartphones are exiting the market quickly. (NYT)

McGraw-Hill (NYSE: MHP) may spin off its education business. (FT)

Technology M&A returns to levels similar to those before the recession. (FT)

EU-based banks have announced 40,000 layoffs in the past month as the sovereign debt crisis worsens. (Bloomberg)

Douglas A. McIntyre

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