| U.S. stock futures pointed to a higher open this morning, following Friday's selloff that wiped out last week's gains. It also left the Dow near breakeven for the year, ahead of this afternoon's IBM (IBM) earnings release. Morgan Stanley (MS) continues the parade of financial earnings this morning. |
| Meanwhile, Morgan Stanley is said to be in talks to pay $500 million tosettle an investigation by New York's attorney general into the sale of mortgage bonds which lost value during the financial crisis. (WSJ) |
| China stocks surrendered early gains and turned lower today, as fears of aregulatory crackdown offset a bold Chinese central bank move Sunday to bolster the slowing economy. |
| Oil rose this morning, extending last week's gains, as a drop of U.S. rigs drilling for crude pointed to lower supply later in the year. But analysts questioned the sustainability of the recent bump in prices. (Reuters) |
| Comcast (CMCSA) and Time Warner Cable (TWC) are preparing to meet Justice Department officials this week to discuss competition concerns raised by the planned $45-billion merger of the two cable giants. (WSJ) |
| Remember that Verizon (VZ) plan, announced last week, to break up the pay-TV bundle into smaller offerings? Disney's (DIS) ESPN said it violates programming agreements. (Re/code) |
| Heavy demand for the much-anticipated debut of the Lilly Pulitzer product line at Target (TGT) overloaded the retailer's website Sunday and left store racks and shelves bare. (USA Today) |
| Jon Corzine, the former boss of bankrupt MF Global, is considering starting his own hedge fund, with cash from the ex-governor's personal funds and some outside investors. (WSJ) |
| The massive BP Deepwater Horizon oil spill was five years ago today, andGulf Coast communities are still waiting for the billions of dollars promised to help them recover. (USA Today) |
| The Boston Marathon, which steps off this morning, will never be "just another race" again after the 2013 bombing, for which convicted Dzhokhar Tsarnaevfaces the penalty phase of his trial Tuesday. (AP & Reuters) |
