Media Digest 2/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect.

Reuters says Obama is pushing for quick Wall St. reform.

Reuters reports that Citigroup (C) is close to reaching a deal with the government for a new investment in the bank

Reuters writes that the US may break up AIG (AIG)

Reuters writes that money managers were accused of running a $550 million scheme.

Reuters reports that RBS (RBS) unveiled a $34 billion loss.

Reuters reports that the CFO of Yahoo! (YHOO) said the company was not opposed to selling its search business to Microsoft (MSFT).

Reuters reports that UBS (UBS) appointed the former head of Credit Suisse (CS) as its new CEO.

Reuters reports that Bank of America (BAC) may sell one part of Merrill Lynch.

Reuters writes that Intel’s (INTC) CEO said that the company’s outlook was becoming more predictable.

The Wall Street Journal reports that the government has begun its “stress test” of banks.

The Wall Street Journal reports that Exelon said its $6 billion tender offer for NRG drew more than 51% of the shares outstanding.

The Wall Street Journal writes that Chrysler executives met with the Obama car task force.

The Wall Street Journal reports that home resales and prices dropped.

The Wall Street Journal reports that the first layoffs at Cisco (CSCO) began.

The Wall Street Journal reports that Nortal cut 3,200 more jobs.

The Wall Street Journal reports that Obama asked for a $312 billion tax bill mostly to raise the burden on the rich.

The Wall Street Journal reports that investors will turn their focus to GM (GM) earnings.

The Wall Street Journal writes that the Fed’s plans to loosen credit may be keeping some firms with large pools of toxic asset in business.

The Wall Street Journal reports that Nasdaq (NASD) is trying hard to get  listings from The New York Stock Exchange (NYX).

The Wall Street Journal reports that HSBC (HBC) earnings could show what is happening in the Asia economy.

The Wall Street Journal writes that Chinese pensions funds plan to increase foreign investments.

The Wall Street Journal reports that crude rose above $43 a barrel.

The Wall Street Journal reports that Apple’s (AAPL) defended the limited disclosure on the health of  Steve Jobs.

The Wall Street Journal writes that Visteon’s chances of a bankruptcy are increasing.

The Wall Street Journal reports that global chip sales are seen falling sharply.

The Wall Street Journal reports that sales of digital cameras are off 12%.

The Wall Street Journal reports that Gannett (GCI) cut its dividend by 90%.

The Wall Street Journal writes that the net at The Washington Post (WPO) plunged.

The New York Times reports that cities may not be prepared for the money for energy savings coming their way.

The New York Times reports that the US charged Forest Laboratories with fraud.

The New York Times reports that the FDA is considering much more disclosures on drug effects.

The FT reports that Saks will cut discounts on prestige brands.

Douglas A. McIntyre