Republicans to release their own health bill

Rep. John Boehner says House Republicans will release their own health bill this week. (WSJ)

White House economic adviser Larry Summers will hold a meeting today to discuss the economy. Among the attendees are Treasury Secretary Timothy Geithner and Health and Human Services Secretary Kathleen Sebelius. (Reuters)

CEO of Bank of New York Mellon Robert Kelly was approached to be Bank of America‘s next CEO, but he declined. (WSJ)

After months of scrambling to stay afloat, CIT Group files for bankruptcy. (Reuters)

Ford had its first profitable quarter in four years, posting gains of $997 million. (NYT)