Investing
Media Digest 5/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Published:
Last Updated:
Reuters: Bears control the dollar because of concerns about the deficit and heal of the US economy.
Reuters: Crunch time looms for the GM (GM) and Chrysler restructurings.
Reuters: The US is cracking down on corporate bribes.
Reuters: Green shouts may be showing but the G8 says the crisis is not over.
Reuters: Chrysler dealers vow to fight to the finish.
Reuters: Twitter is considering a move into the TV business.
Reuters: India’s Bhati and South Africa’s MTN are planning a merger.
Reuters: Lehman’s US and UK operations are at odds over bankruptcy plans
Reuters: Rio Tinto (RTP) says it deal with Chinalco is still evolving.
Reuters: Nokia (NOK) is rolling out an app store to compete with Apple’s (AAPL).
Reuters: Krugman says the world economy is stabilizing.
Reuters: The continuing drop in corporate profits means more job losses.
WSJ: More small firms are dropping healthcare.
WSJ: The number of securities analysts is shrinking making it harder for public companies to get coverage.
WSJ: Companies are vying for US money to support development of better battery power.
WSJ: eBay (EBAY) is still having trouble keeping it core auction business growing.
WSJ: Twitter has 32 million users but no revenue model.
WSJ: European investors are buying up corporate debt.
WSJ: VW and BYD may team up on electric cars.
WSJ: Rio Tinto (RTP) and Nippon Steel have agreed on ore prices.
WSJ: Mortgage modifications are failing to halt defaults.
WSJ: Tech stocks are putting zest into the IPO market.
WSJ: Madison Avenue is flirting with 3D ads.
WSJ: A Taiwan firm will sell Google (GOOG) Android-based phones in China.
WSJ: A true recovery in the housing market means prices must move back up.
WSJ: New rules will reopen China’s IPOs.
NYT: Europe is refusing to reduce the number of protected workers at car companies, hurting competitiveness.
NYT: States and municipalities want the US to back their bonds.
NYT: TV networks are launching record numbers of sitcoms.
NYT: A wwll-known German economist believes that global growth will start again next year.
FT: Obama has been urged to curb “buy American” measures in some legislation.
FT: German will soon say who the winner is in the bid for Opel.
FT: China Mobile (CHL) will debut a Google (GOOG) Android-based phone.
Bloomberg: JPMorgan (JPM) got a $29 billion windfall by converting WaMu bad loans into income.
Bloomberg: Porsche’s $24 billion in options profits is in trouble as VW fights a merger.
Douglas A. McIntyre
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.