A shutdown of the federal government could still happen at the end of the month as the budget battle moves to the Senate. (Reuters)
Hewlett-Packard (NYSE: HPQ) names Meg Whitman, former CEO of eBay (NASDAQ: EBAY), as its new CEO. (Reuters)
News Corp.’s (NASDAQ: NWS) News of the World may have tapped the phone of a government official. (Reuters)
Facebook has created a new product to allow its members to share media more easily. (Reuters)
Oracle (NASDAQ: ORCL) wants a $1.16 billion license from Google (NASDAQ: GOOG) for Android. (Reuters)
Policymakers grow more concerned that they do not have a unified effort to prevent a double-dip recession. (WSJ)
Boeing (NYSE: BA) will have trouble rapidly increasing the production of its 787 Dreamliner. (WSJ)
Moody’s downgrades eight Greek banks. (WSJ)
Bank of America (NYSE: BAC) sells $880 million of its commercial real estate loans. (WSJ)
Chrysler cannot agree on pay with the UAW. (WSJ)
Sears Holdings (NASDAQ: SHLD) begins to lease more of its store space to outsiders. (WSJ)
Exxon Mobil (NYSE: XOM) receives agreement to drill in shale oil regions of Ohio. (WSJ)
New data show the eurozone has moved back toward recession. (WSJ)
Transit workers begin strikes in Greece. (WSJ)
Large companies find it easy to get inexpensive credit. (WSJ)
Silver Lake Partners and Digital Sky Technologies to invest $1.6 billion in Alibaba. (WSJ)
The EU searches for ways to stimulate the Greek economy. (NYT)
Nike’s (NYSE: NKE) profits rose 15%. (NYT)
The EU to recapitalize 16 banks with weak balance sheets. (FT)
The ECB says it is ready to help with liquidity in the region if the economy worsens. (Bloomberg)
The EU may increase the size of its bailout fund. (Bloomberg)
Commodities prices fell sharply in recent weeks. (Bloomberg)
Douglas A. McIntyre
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