Media Digest 9/29/1010 Reuters, WSJ, NYT, FT, Bloomberg

Banking, finance, and taxes

Published: September 29, 2010 4:10 am

Last Updated: September 29, 2010 6:05 am

Reuters: The panel that will give advice to Obama about the deficit met but experts were concerned that it will offer few concrete answers.

Reuters: The House may approve a bill aimed that the value of the yuan.

Reuters: An appeals court will allow stem cell research to continue.

Reuters: Oil and gold both rose–gold to an all-time high

Reuters: The US could run out of unique Internet addresses as the number of wireless devices grows,according to the National Telecommunications and Information Administration.

Reuters: New satellites may help the satellite navigation industry.

Reuters: Sanofi-Aventis may make a higher bid for Genzyme.

Reuters: Hertz (NYSE: HTZ) will send its bid for Dollar Thrifty (NYSE: DTR) if it loses a shareholder vote.

WSJ: A WSJ poll shows the Tea Party movement has gained power.

WSJ: The SEC report on the flash crash may show that the agency itself played a role.

WSJ: The war over currency values could spark significant trade disputes.

WSJ: American International Group (NYSE: AIG) may be close to a plan to cut US ownership to a minority stake.

WSJ: Johnson & Johnson (NYSE: JNJ) may have had very weak quality control over OTC drugs.

WSJ: HSBC (NYSE: HBC) will not relocate to Hong Kong.

WSJ: Hedge fund D.E.Shaw cut 150 jobs.

WSJ: Barnes & Noble (NYSE: BKS) won a proxy war against Ron Burkle, but the company may still be sold.

WSJ: China firms that make apps for smartphones face trouble as they try to make profits.

WSJ: The cost to stream music over the internet is back in court.

WSJ: Google Inc, (NASDAQ: GOOG) says software companies may develop tools to help people with everyday life.

WSJ: India will launch a plan to identify all 1.2 million of its citizens.

WSJ: The number of people 25 to 34 years old who are unmarried topped those who are married for the first time.

WSJ: Ireland faces the challenge of financially supporting the Anglo Irish Bank.

WSJ: Consumer confidence in Germany rose according to research group GfK.

WSJ The EU may place sanctions on governments that build up public debt.

WSJ: The Bank of Japan tankan survey showed the nation’s big companies are insecure about the economy.

WSJ: Campbell will replace its CEO.

WSJ: The FDA put into place new rules to get drug-makers to supply more safety information.

WSJ: Caterpillar (NYSE: CAT) will build a new plant in China.

WSJ: CBS (NYSE: CBS) took the top spot in audience size at the start of the new season.

NYT: Nintendo says it 3DS will launch in February.

NYT: A block in the shipment of rare earth products from China may hurt the Japanese economy.

NYT: Borders will open 25 temporary stores for the holidays.

FT: BP plc (NYSE: BP) sold $3.5 billion in bonds.

FT: Retail investors have increased investment in junk bonds.

Bloomberg: There will be a general strike in Spain to protest austerity moves.

Douglas A. McIntyre

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