Investing
Media Digest 6/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg.
Published:
Last Updated:
Reuters: Airlines are cutting back on first class seating.
Reuters: Xstrata wants merger talks with mining rival Anglo American.
Reuters: Employers are cutting 401 (K) plans.
Reuters: Brand loyalty is being hurt by the recession.
Reuters: The children of baby boomers may help the US housing market.
Reuters: A manufacturing survey predicts a 2010 hiring rebound.
Reuters: The Fed is looking at revamping the repo market.
Reuters: Soros said the worst of the global recession is over.
Reuters: Some Chinese business are facing the issues of morals versus profits.
WSJ: Some data suggest weakness ahead in the stock market.
WSJ: Siemens (SI) expects $21 billion dollars in orders from governments cutting energy costs.
WSJ: US homebuilders are weathering the recession due favorable land deals.
WSJ: The Fed will start to look at how it will begin to move out of the position it has taken to help the economy.
WSJ: Jack Welch is putting his name on an online university.
WSJ: The Nortel asset sale has set a low bar for the value of its businesses.
WSJ: Shell discovered a massive gas field.
WSJ: Large investors are shifting to index funds.
WSJ: The recession is driving companies like Oracle (ORCL), SAP (SAP), and HP (HPQ) to sel more software online.
WSJ: The new Apple (AAPL) iPhone caused long lines.
WSJ: The NYSE (NYX) will take a position in the Qatar exchange.
WSJ: Boutique firms are raiding big rivals.
WSJ: Lobbyists are pushing the interest of banks trying to avoid new regulations (BAC)(C)(JPM)(WFC)(MS)(GS).
WSJ: Many companies will not restore jobs cuts from the recession.
NYT: Small car makers are benefiting from problems in Detroit.
NYT: The Washington Post (WPO) readers were concerned that some content only appeared online.
NYT: Investors are trying to turn phones into virtual credit cards.
NYT: Google (GOOG) is starting to use Wikipedia for some of its news searches.
NYT: Radbox is stating to take NetFlix (NFLX) business.
NYT: T-Mobile is set to unveil a new Google phone.
FT: The pay of bankers is moving up in an effort to keep employees>
FT: Drug makers gave the Obama health plan a boost.
FT: Swiss banks are on a crossroads on the secrecy issue (CS)(UBS).
Bloomberg: The World Bank cut its global forecast citing trouble in poor countries.
Douglas A. McIntyre
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