Congress, close to a budget agreement, may avoid a government shutdown. (Reuters)
Washington Mutual shareholders and creditors set a deal that could allow an exit from bankruptcy. (Reuters)
The policy meeting of the Federal Reserve could end with no actions at all. (Reuters)
Low availability of water makes it a profitable investment for many global financial organizations. (Reuters)
AT&T (NYSE: T) may try to change its plan to buy T-Mobile due to government resistance. (Reuters)
Another MF Global official says he does not know what happened to $1 billion of the firm’s money. (Reuters)
Jive Software will post its IPO slightly above the expected range. (Reuters)
Deutsche Boerse and NYSE Euronext (NYSE: NYX) will offer more concessions to close a merger deal. (Reuters)
Martin Marietta (NYSE: MLM) makes an offer of $4.8 billion to buy Vulcan Materials (NYSE: VMC). (Reuters)
Apple (NASDAQ: AAPL) softens its approach to selling its iAd inventory as Google (NASDAQ: GOOG) has had success in the mobile ad market. (WSJ)
The euro reaches a 10-month low. (WSJ)
McDonald’s (NYSE: MCD) begins delivery services in Asia. (WSJ)
Bank of America (NYSE: BAC), JPMorgan Chase (NYSE JPM) and Citigroup (NYSE: C) try to settle charges of mortgage fraud. (WSJ)
Pfizer (NYSE: PFE) increases its dividend and share buyout. (WSJ)
Italian unions stage strikes because of austerity plans. (WSJ)
Novartis’s (NYSE: NVS) multiple-sclerosis pill Gilenya has safety problems. (WSJ)
Diamond Foods (NASDAQ: DMND), faced with accounting problems, will delay its next quarterly filing. (WSJ)
LSE says it will buy the remaining 50% stake in FTSE that it does not already own from Pearson (NYSE: PSO). (WSJ)
The share of U.S. income earned by the top 1% dropped to 17% in 2009 from 23% in 2007. (NYT)
Experts prepare in case Greece leaves the eurozone. (NYT)
Google’s buyout of Motorola Mobility (NYSE: MMI) is delayed by EU authorities. (NYT)
Newspaper chain Lee Enterprises (NYSE: LEE) files for Chapter 11. (NYT)
Some EU-based banks are selling their most valuable assets as regional debt weighs upon their balance sheets. (Bloomberg)
Douglas A. McIntyre
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