BP (NYSE: BP) wants a trial over the Deepwater Horizon delayed while it tries to get a settlement. (Reuters)
The International Monetary Fund receives $320 billion in new funds that could be used to fight the crisis in the European Union. (Reuters)
Apple (NASDAQ: AAPL) is anxious to set a trial date on e-book price-fixing charges. (Reuters)
Europe’s effort to put money into its banking system to help the sovereign debt crisis may no longer work. (WSJ)
Gas futures begin to drop, which is a sign consumers may get some relief. (WSJ)
Ebay (NASDAQ: EBAY) earnings show it has emerged from a slow period. (WSJ)
Bankrupt AMR details a number of nonunion cutbacks aimed to save it more money. (WSJ)
General Motors (NYSE: GM) and its Chinese JV partner will set terms to give the U.S. company more of a say in decisions. (WSJ)
Federal regulators set the first major rules for fracking. (WSJ)
The senate in Argentina moves to nationalize YPF (NYSE: YPF). (WSJ)
U.S.-based multinational companies increase jobs overseas faster than in the U.S., according to the Commerce Department. (WSJ)
EU antitrust officials will approve a deal by Sony (NYSE: SNE) and partners to take over EMI for $2.2 billion. (WSJ)
Microsoft’s (NASDAQ: MSFT) comments on earnings may reveal more about plans for Windows 8. (WSJ)
The bad debt of Spanish banks reaches a high. (WSJ)
Instagram negations are based on a $104 billion valuation for Facebook. (NYT)
BlackRock (NYSE: BLK) says it may have to move some of its money if major U.S. banks are downgraded by credit agencies. (FT)
The IMF says EU banks face needs for deleveraging that could total $2.6 trillion. (FT)
The central bank of Brazil cuts rates over concerns about growth. (FT)
Large investors gamble the Fed will start QE3. (FT)
Growth in Japan’s exports helps raise the economic outlook for the nation. (Bloomberg)
Douglas A. McIntyre
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