The U.S. and state attorneys general reach a $25 billion settlement with five banks over mortgage abuses. (Reuters)
The Hong Kong division of Alibaba may go private as part of a refinancing and a buyback of Yahoo!’s (NASDAQ: YHOO) shares. (Reuters)
Financial backers of Greece say they are concerned about whether a deal to lend the company more money will hold. (Reuters)
Economists concerned about the U.S. economy a few months ago change their opinions. (Reuters)
A fall off in investment bank activity hurts Barclays (NYSE: BCS) earnings. (Reuters)
China’s imports fall, raising demand concerns. (Reuters)
The new CEO of Sony (NYSE: SNE) will try to marry hardware and software for many of the firm’s products, just as he did with the PS3. (Reuters)
The head of Xstrata is under pressure to get a better deal for a Glencore merger. (Reuters)
A new settlement between banks and the government could help one million homeowners. (WSJ)
Google (NASDAQ: GOOG) to launch a home entertainment system as it moves into the hardware space as Apple (NASDAQ: AAPL) has. (WSJ)
An insider trading bill is broadly supported by Congress members. (WSJ)
Oracle (NASDAQ: ORCL) expands its use of web-based software products. (WSJ)
The FDA will speed the approval of biosimilar drug treatments. (WSJ)
An Alcatel-Lucent (NYSE: ALU) reorganization could cost 1,800 jobs. (WSJ)
Weekly unemployment benefits numbers improve steadily. (WSJ)
Greek unemployment rises to 20.9%. (WSJ)
The head of the European Central Bank pushes banks to take inexpensive loans to stabilize eurozone financials. (WSJ)
Canada will allow uranium exports to China. (WSJ)
A Hasbro (NASDAQ: HAS) and Zynga (NASDAQ: ZNGA) partnership to marry physical games with online ones. (WSJ)
Southern Co.’s (NYSE: SO) plan to build a reactor in Georgia receives NRC approval. (WSJ)
Apple’s market cap passes that of Google and Microsoft (NASDAQ: MSFT) combined. (WSJ)
New research suggests the education gap between rich and poor has widened. (NYT)
German officials are worried that the ECB has cut lending standards too much. (FT)
Douglas A. McIntyre
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