Media

News Digest 4/23/2008 Reuters, WSJ, NYTimes, FT, Reuters

According to Reuters, Yahoo! (YHOO) earnings met expectations. Microsoft (MSFT) indicated it would not raise its bid.

Reuters writes that the price of corn and rice moved up sharply.

Reuters reports that Tribune is closer to selling Newsday to News Corp (NWS).

Reuters writes that Ebay (EBAY) sued classified site Craigslist over dilution of the auction company’s interest.

Reters reports that the FCC once again attacked Comcast’s (CMCSA) web practices.

THe Wall Street Journal reports that the turnaround at Ford (F) is starting to take hold.

The Wall Street Journal writes that IBM (IBM) will offer multi-server computers.

The Wall Street Journal reports that the FDA is short of funds to support inspections.

The Wall Street Journal writes that Nintendo is counting on big sales from its new "Wii Fit".

The Wall Street Journal will examine whether Amazon’s (AMZN) earnings show that its fight against Apple (AAPL) iTunes is making any progress.

The Wall Street Journal writes that Sony (SNE) delayed it PS3 virtual community.

The New York Times reports that UnitedHealth cut forecasts saying few businesses and people were signing up for insurance.

The New York Times reports that rising energy costs are cutting deeply into airline earnings.

The FT writes that US regulators fear a surge of bank failures.

The FT reports that oil again moved toward $120

Bloomberg writes that Toyota’s (TM) first quarter unit sales moved up 2.7% on strong sales in China.’

Douglas A. McIntyre .

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