Tuesday morning headlines

Stocks bouncing around: Dow was down a bit in early trading, but now it's up a bit.

Wariness about Wall Street: More than six out of 10 investors surveyed in an AP-CNBC poll are less confident of buying and selling stocks. Also, more than half said the market is fair only to some investors. (AP)

Retail sales pick up: August turned out to be a decent shopping month after all, with the government reporting a better-than-expected 0.4 percent increase. (Bloomberg)

Bing tops Yahoo: Nielsen reports that the Microsoft search engine landed in the number 2 spot for the first time. Yahoo is third. Of course, Google remains first by a wide margin. (All Things Digital)

B of A to slow things down: CEO Brian Moynihan wants focus on bread-and-butter banking in order to stabilize the balance sheet. From the WSJ:

For the past nine months, Mr. Moynihan has been selling assets that are no longer integral to what the bank does, shoring up the bank's capital position ahead of new regulatory standards, and trying to find ways to sell Merrill products through its retail banking operations, and vice versa. The moves represent a departure from the Southern swash-buckling of Kenneth Lewis, the previous CEO, who spent more than $120 billion on acquisitions while in charge.

LAX contracts awarded: A joint venture that includes Magic Johnson and the widow of Johnnie Cochran gets a big part of the airport retail business as a city council committee goes against the recommendations of airport officials. Still to be decided are restaurant concession contracts that the losing bidders are contesting. (LAT, LA Weekly)

Drop in air delays: Only three flights were delayed more than three hours on airport runways in July, compared with 161 flights in July 2009. But the number of complaints against U.S. airlines jumped by about 32 percent. (LAT)

Plan to grade food trucks: The Board of Supervisors will vote on a proposal by public health officials to expand the letter-grading system. From the LAT:

"People were asking us, 'We go to a restaurant. We like the grading system. But what about all these trucks that are coming? How do we know?'" said Dr. Jonathan Fielding, director of the county Department of Public Health. Over the years, he said, there "have been certainly a number that we've had to close, and we have had problems in a number of cases."

Lionsgate, Televisa form pact: The two companies are announcing the formation of a film unit that will release eight to 10 movies a year that are aimed at Hispanic moviegoers. From the NYT:

The films will represent a mix of genres, as varied as romantic comedies and action thrillers. Some will be presented in English and some in Spanish. Pantelion's first title, "From Prada to Nada," about two spoiled rich sisters who are forced to move in with their poor aunt in East Los Angeles, is scheduled for release in January.

Power agreements signed: The DWP will work with Chinese company BYD on a project to develop batteries that can store energy generated by wind or solar power. Also involved is Sylmar-based Quallion, which develops lithium ion batteries. (Daily News)

Little change in gas prices: An average gallon of regular in the L.A. area fell by about a penny, to $3.021, according to a government survey.