Canada’s Brookfield Asset Management said on Wednesday that it was setting up a $400 million fund to invest in Colombian infrastructure, joining a wave of foreign investors entering the Andean nation. -Reuters

Economic activity is stabilizing or improving in the vast majority of the country, according to a government survey released Wednesday. The findings indicate that the worst recession since the 1930s may be over. In the new survey, all but one of the Fed’s 12 regions indicated that economic activity was "stable," showed "signs of stabilization" or had "firmed." The one exception was the St. Louis region, which continued to report that the pace of decline in economic activity appeared to be "moderating." -AOL Money & Finance

Intel Corp. (NASDAQ: INTC) new chip platform for ultra-thin, low voltage notebooks appears to be off to a disappointing debut, according to analysts. In a Tuesday note, Citigroup Inc. (NYSE: C) analyst Richard Gardner said "We had hoped that CULV-based notebooks would provide a compelling reason for consumers to trade up from Netbooks beginning in the second half of 2009," Most PC manufacturers "have adopted the view that CULV’s 1 watt of power savings is not sufficient to justify the price premium for the processor." As a result, "few [manufacturers] are building CULV product in large quantities" and Intel "appears to be cutting marketing support for the platform." –Marketwatch

Apple Inc. (NASDAQ: AAPL) CEO Steve Jobs returned to his showman role Wednesday, taking the stage at a product launch event for the first time since his nearly six-month-long medical leave. Jobs, who had a liver transplant this spring, got a standing ovation. Looking thin and speaking quietly and with a scratchy voice, the 54-year-old CEO told the audience he had received the liver of a young adult who died in a car accident. -AOL Money & Finance

Bank of America Corp. (NYSE: BAC) fired back at New York Attorney General Andrew Cuomo on Tuesday with a letter calling his office’s allegations of wrongdoing "spurious" and claiming the bank is not hiding behind its lawyers by refusing to provide testimony on privileged discussions surrounding the purchase of Merrill Lynch & Co. -The Wall Street Journal

-Jutia Group