AIG (NYSE: AIG) to sell more than $6 billion in shares in its AIA unit to pay back government loans. (Reuters)
Jaguar Land Rover and Chery plan a joint venture in China worth more than $2 billion. (Reuters)
China cuts its growth target to only 7.5% for 2012 as it tries to get internal consumption to offset export problems. (Reuters)
BP’s (NYSE: BP) financial prospects were improved by its agreement to a settlement of its Gulf liabilities. (Reuters)
Senator Schumer asks for an investigation of how Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) products take people’s private photos and put them online. (Reuters)
Big Banks and the Fed are locked in disagreement about how much stress-test data should be given to the public. (WSJ)
Chrysler and General Motors (NYSE: GM) each plan to offer natural gas powered trucks. (WSJ)
Tesco (NASDAQ: TESO) to add 20,000 jobs in the UK over the next two years. (WSJ)
China Investment Corp., the nation’s sovereign wealth operation, will get $30 billion in new capital. (WSJ)
China to increase military spending by 11.2% this year. (WSJ)
More and more newspapers set paywalls to gain sales (WSJ)
Some EU banks take European Central Bank loans to help their balance sheets in case of a regional recession. (WSJ)
People who watch TV shows days after they air become important to ratings. (NYT)
The Project for Excellence in Journalism posts research that shows newspapers’ online ads do not offset a loss in print ones. (NYT)
Many holders of Greek debt may not take part in an important bond swap. (FT)
Apple’s App Store hits 25 billion downloads. (FT)
Jobs in mobile software and apps help the U.S. unemployment rate. (Bloomberg)
Douglas A. McIntyre
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