Media Digest 3/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Ford (F) will launch a major financial restructuring.

Reuters reports that the US is launching a $75 billion plan to help troubled holders of US mortgages.

Reuters reports that the Fed says the near-term outlook for the economy has darkened.

Reuters writes that sever Merrill executives were told they must appear before the NY attorney general.

Reuters writes that Google (GOOG) will let its cash “pile up.”

Reuters reports that Venezuela seized a unit of Cargill.

Reuters reports that YouTube and Universal are near a deal on music video.

Reuters reports that WellPoint will put its benefits unit up for sale.

The Wall Street Journal reports that The Supreme Court ruled Wyeth (WYE) could be sued in state court over an allegedly defective product.

The Wall Street Journal reports that the bailout could help one out of nine homeowners.

The Wall Street Journal reports that GE (GE) hit an 18 year low.

The Wall Street Journal reports that Taiwan will consolidate its chip firms.

The Wall Street Journal reports that Germany has created at $126 billion fund to help corporations.

The Wall Street Journal reports that the Administration is rethinking tax hikes.

The Wall Street Journal reports that Obama will target the defense industry for wasteful government spending.

The Wall Street Journal reports that the US is weighing its car emissions policy.

The Wall Street Journal reports that Lenovo will push PCs in rural China.

The Wall Street Journal reports that pension funds and endowments are facing even greater losses.

The Wall Street Journal says Nvidia (NVDA) is thinking about going after some Intel (INTC) businesses.

The Wall Street Journal reports that CNNMoney will bulk up video.

The Wall Street Journal writes that the UK is moving into a protectionist mode.

The Wall Street Journal writes that February retail sales likely declined.

The Wall Street Journal reports that “Old debt is still fouling consumer and bank balance sheets, and the TALF won’t do much to erase it.”

The Wall Street Journal reports that The Hartford may sell its life insurance unit to Sun Life.

The Wall Street Journal reports that small business is fighting layoffs.

The New York Times reports that China outlined a new stimulus package

The FT reports that Barclays (BCS) is being questioned about certain Lehman funds.

The FT reports that China has targeted 8% GDP growth this year.

The FT reports that investors are worried GE (GE) will lose its “Triple-A” rating.

The FT reports that Singapore says it invested in US banks too early.

Bloomberg reports that the Bank of England may cut rates to close to zero.

Bloomberg reports that the head of the European Central Bank is worried that its actions cannot save a faltering economy.

Bloomberg writes that JPMorgan (JPM), Wells Fargo (WFC), and Bank of America (BAC) may face Moody’s ratings cuts.

Bloomberg reports that Microsoft (MSFT) may have trouble selling new versions of Window into the netbook market.

Douglas A. McIntyre