Media Digest 1/15/2008 Reuters, WSJ, NYTimes, FT, Barron's

According to Reuters, the National Retail Federation and its members are preparing for a slow year.

Reuters writes that the FCC has cleared Google (GOOG) to bid in the upcoming auction of wireless spectrum.

The Wall Street Journal writes that Citigroup (C) plans deep personel cuts and a drop in it dividend.

The Wall Street Journal writes that Alan Greenspan will join hedge fund Paulson.

The Wall Street Journal reports that Senate investigators are examining whether Wall Street firms used derivatives to help hedge funds avoid dividend taxes.

The Wall Street Journal writes that demand for crude is declining in the world’s top markets.

The Wall Street Journal writes that Delta (DAL) has already begun merger talks with Notthwest (NWA) and United (UAUA).

The Wall Street Journal reports that Merrill Lynch (MER) is expected to announce a $1.3 billion cash injection from a unit of Japanese megabank Mizuho Financial Group.

The Wall Street Journal writes that Sprint (S) plans to lay-off more workers.

The Wall Street Journal writes that Chinese car makers are getting closer to sending autos to the US.

The Wall Street Journal writes that Genentech (DNA) fell on disappointing results.

The New York Times writes that commodity prices are continuing their rise for a sixth year.

The New York Times writes that Microsoft (MSFT) faces a new probe from the EU.

The FT writes that the price of gold has gone above $900.

Barron’s writes that there may be a management change at AMD (AMD)

Douglas A. McIntyre