Investing
Media Digest 6/3/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
Published:
Last Updated:
Reuters: A survey shows the global stimulus spending lacks direction.
Reuters: The race for “green” cars is still wide open.
Reuters: GM (GM) and Chrysler will face Senate scrutiny are dealer closings.
Reuters: Bank of America (BAC) and Citigroup (C) are being left behind by healthy rivals.
Reuters: Obama said it is “make or break” time for healthcare reform.
Reuters: GM (GM) sold Hummer to a Chinese machinery company.
Reuters: Visa (V) sees a credit card industry restructuring.
Reuters: Starbucks (SBUX) is revamping its bakery ingredients.
Reuters: Nintendo’s chief said his company is still outpacing rivals.
Reuters: Demand for the Fed consumer program rose to $11.5 billion.
WSJ: Banks have raised $85 billion making most big financial firms solvent by the government’s definition.
WSJ: The Congressional move to help dismantle “mark to market” accounting could hurt investors looking at balance sheets.
WSJ: The SEC wants more disclosure of non-executive pay at public companies.
WSJ: Car sales showed signs of stabilizing in May.
WSJ: The government is trying to build a map of where $7 billion in broadband spending should go.
WSJ: Banks and money managers made a pitch for the value of derivatives.
WSJ: Microsoft (MSFT) Windows 7 is ready for an October release.
WSJ: Acer PCs will run Google’s (GOOG) Android operating system.
WSJ: The US highway fund is low on cash.
WSJ: Aetna (AET) cut its earnings forecast.
WSJ: Sony Ericsson is betting on high end phones.
WSJ: Google (GOOG) is set to sell e-books.
WSJ: A court sided with Tivo (TIVO in a key patent case.
WSJ: Headaches await the next TARP chief.
WSJ: Geithner said China has confidence in US economy.
WSJ: Gold is heading back to $1,000 an ounce.
WSJ: A sale of stock by a major Barclays (BCS) holder knocked down the stock.
WSJ: Bond giant Pimco is expanding.
WSJ: GM (GM) will keep its units in Brazil and China.
WSJ: Oracle (ORCL) may move into the netbook market.
WSJ: Sony (SNE) and Nintendo are pursuing different paths in the game console wars.
WSJ: New chips can boost solar power.
NYT: Auto suppliers, who employ more people than Detroit, are being battered by the industry restructuring.
NYT: Some homeowners do not qualify for government help because their credit is too good.
NYT: India is still getting a great deal of outsourcing business.
NYT: The US is looking at antitrust hiring practices at some big tech companies including Yahoo! (YHOO) and Apple (AAPL).
NYT: The jobless rate rose in Europe.
NYT: PC touch screens are becoming more popular.
FT: Facebook is launching its own payment system.
Bloomberg: The Fed is raising capital standards for banks that want out of TARP.
Douglas A. McIntyre
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