The U.S. unemployment rate jumped to a four-year high of 5.7% during the month of July. [WSJ]
Yahoo's shareholder meeting takes place today. Don't expect to spot Carl Icahn. He says he has no plans to attend. [WSJ]
GM reported losses of $15.5 billion during the second quarter. [NYS]
Former Bear Stearns CEO Alan Schwartz is leaving JP Morgan. [WSJ]
Lehman Brothers' Dick Fuld may be seeking looking to offload as much as $30 billion in mortgage assets. [NYP]
Jim Dolan may try to take Cablevision private for the third time. [NYP]
John Thain's reputation sure has taken a beating, hasn't it? [NYT]
A look at a few of the hedge fund managers "following the path of George Soros" and making a fortune by exploiting financial turmoil. [Bloomberg]
A struggling US Airways will begin charging for coffee and soft drinks. Unless you complain "strenuously," in which case they might give it to you for free. [NYT]
