Media Digest 3/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Obama will start work on getting his healthcare plan passed.

Reuters reports that February joblessness is estimated to rise 648,000 for February.

Reuters reports that the pick for the No.2 spot at Treasury withdrew.

Reuters writes that the US will invite wealthy funds to invest in the bailout.

Reuters writes that the House approved an overhaul for how housing is treated in bankruptcy.

Reuters reports that the recession may be curbing some CO2 output.

Reuters writes that GM’s (GM) auditors raised concerns about the company’s future.

Reuters reports that Citigroup (C) may sell its Japanese brokerage.

Reuters reports that Coke (KO) will invest $2 billion in China.

Reuters reports that the Fed will not say who helped in the AIG (AIG) rescue.

The Wall Street Journal writes that a new bill will seek $500 billion for an FDIC fund.

The Wall Street Journal reports that China has expressed confidence in its economy.

The Wall Street Journal writes that lobbing has affected the FDA approval process in some cases.

The Wall Street Journal reports that GM (GM) has become more open to Chapter 11.

The Wall Street Journal reports that retail sales are showing some life.

The Wall Street Journal reports that Europe’s central banks are cutting rates to record lows.

The Wall Street Journal reports that GE (GE) will post a profit in its financial arm this quarter.

The Wall Street Journal reports that the number of overdue mortgages is up.

The Wall Street Journal writes that Exxon (XOM) will raise spending by 11%.

The Wall Street Journal reports that the IMF is urging global financial rules.

The Wall Street Journal reports that Citigroup (C) hit the penny realm.

The Wall Street Journal reports that Amazon (AMZN) will enter the used video game market.

The Wall Street Journal reports that Clearwire (CLWR) adjusted the timing of rolling out its WiMax network.

The Wall Street Journal reports that a corporate tax break is being revived in the budget.

The Wall Street Journal reports that the drop in their stocks and revenue is forcing big media companies to re-think their approach to the Internet.

The Wall Street Journal reports that Blockbuster’s (BBI) sales improved.

The Wall Street Journal writes that PC makers face a bumpy ride this year.

The New York Times reports that Seattle’s paper may go web-only.

The FT reports that China Mobile (CHL) may co-fund research for handsets.

The FT reports the home loan arrears effect one in nine US homeowners.

The FT reports that Chavez of Venezuela is stepping up his nationalization drive.

Bloomberg reports that the US probably lost the most jobs since 1949 in February.

Douglas A. McIntyre