Media Digest 2/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Obama is working on a program to help some homeowners pay their mortgages.

Reuters reports that Wall St’s appetite to slim down perks will begin to face tests.

Reuters reports that a reports shows that troubled US banks more require more capital than is widely believed.

Reuters writes that Toyota (TM) will cut workers and hours in North America.

Reuters reports that Microsoft (MSFT) will open its own stores to compete against Apple (AAPL).

Reuters reports that Starbucks (SBUX) will come out with an instant coffee.

Reuters writes that Charter (CHTR) will go into Chapter 11.

The Wall Street Journal reports that several branches of government will have to staff up to handle overseeing the new stimulus capital.

The Wall Street Journal reports that Sirius (SIRI) and the head of EchoStar (DISH) are close to a deal for control of the satellite radio company.

The Wall Street Journal reports that fewer economists see a recovery in the second half.

The Wall Street Journal reports that a wave of bad debts are swamping some companies.

The Wall Street Journal reports that consumers are cutting spending on food.

The Wall Street Journal reports that a return to profit seems a long way off for many companies.

The Wall Street Journal reports that many shareholders are pushing to cut executive pay.

The Wall Street Journal reports that lending in China surged last month.

The Wall Street Journal reports that tech firms which influenced that spending package will benefit financially.

The Wall Street Journal reports that if the Treasury gets tough with banks, they may have to recognize losses more quickly.

The Wall Street Journal reports that Dow Chemical (DOW) cut its dividend by 64%.

The Wall Street Journal reports that Google (GOOG) left the radio ad business.

The New York Times reports that ailing banks may need more aid to stay solvent.

The New York Times report that gains in family wealth are now much smaller than earlier thought.

Bloomberg reports that China’s economy is showing signs of recovery.

Douglas A. McIntyre