The Federal Reserve says it will increase help to the U.S. economy, and it may be willing to do more. (Reuters)
Spain may request more financial aid for its troubled banks. (Reuters)
Walmart’s (NYSE: WMT) rising use of wheat may increase the price of the commodity. (Reuters)
HSBC (NYSE: HBC) says China’s PMI slowed in May and exports fell. (Reuters)
Apple (NASDAQ: AAPL) may attack Google (NASDAQ: GOOG) in the search market. (Reuters)
Microsoft (NASDAQ: MSFT) rejects a settlement offer from Motorola in a patent dispute. (Reuters)
Members of Congress press for IPO reforms that will help small investors. (WSJ)
Johnson & Johnson (NYSE: JNJ) may settle with the government for $1.5 billion over accusations of off-labeling marketing of drugs. (WSJ)
China Mobile (NYSE: CHL) says traffic on its network will rise 150% this year. (WSJ)
Eurostat data show a large gulf in consumption between financially secure nations and those in economy trouble. (WSJ)
JD Power data shows drops in quality in Ford (NYSE: F) and Chrysler products. (WSJ)
Facebook (NASDAQ: FB) shares rise 20% in the past week. (WSJ)
EBay (NASDAQ: EBAY) to operate a data center that runs on alternative energy. (NYT)
Low interest rates have not flowed to many U.S. homeowners. (FT)
Angela Merkel says she did not support direct purchases of EU nation sovereign paper. (Bloomberg)
Douglas A. McIntyre
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