- Time Warner approves spin off of AOL (AP)
- Initial claims drop, continuing claims rise for 17th "record" week (AP)
- Commerce department says soon to be downward adjusted durable goods order rose by 1.9% in April, after a [surprise, surprise] huge downward revision in March, from -0.8% to -2.1% (AP)
- Oil holds above $63, aircraft companies/gas guzzlers luvin' every minute of it (Bloomberg and Reuters)
- The financial version of the swine flu in Germany (Absolutideas)
- Will Bernanke get four more years at the fed (RealClearMarkets)
- Weil: Morgan Stanley bullying is least of SEC's woes (Bloomberg)
- America sneezes and the world is germ-free (TimesOnline)
- Never profitable Christian Lacroix files for bankruptcy (NYT)
- California budget blues (The Nation)
- Is a commercial real estate bust inevitable? (Fortune)
- Is the Geithner plan still necessary? (The New Republic)
- Groupthink: China won't dump our debt (WSJ)
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