Media
Media Digest 4/1/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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According to Reuters, Obama demanded that the G-20 find solutions to the global financial crisis.
Reuters reports that a bankruptcy for GM (GM) and Chrysler could be a long, drawn-out process.
Reuters writes that activists want to push out the AIG (AIG) compensation chief.
Reuters reports that the IMF sees the global economy shrinking 1% this year.
Reuters reports that Asia banks see opportunities as Western rivals retreat.
Reuters reports the RIM (RIM) has opened a software store for the Blackberry.
Reuters reports that one potential bankruptcy plan for GM would split the company into parts.
Reuters reports that H-P (HPQ) is looking at using the Google (GOOG) operating system for small PCs.
The Wall Street Journal reports that the head of GM said that he was willing to take the company through bankruptcy if necessary.
The Wall Street Journal reports that Ford (F) is worried that its two US rivals could get better deals with the unions because of their precarious financial situations.
The Wall Street Journal reports that global M&A fell in the first quarter.
The Wall Street Journal reports that the plan to change mark-to-market accounting could hurt the Treasury plan to have a public/private program to buy toxic assets.
The Wall Street Journal writes that the G-20 is debating which nations should be on a tax haven list.
The Wall Street Journal reports that trade rhetoric and actions are still at odds.
The Wall Street Journal reports that Honda (HMC) will cut US production and salaries.
The Wall Street Journal reports that a tweak in the bailout program will make bank stocks pricier.
The Wall Street Journal writes that rising crop prices could raise food prices.
The Wall Street Journal reports that there is no relief from drops in home prices.
The Wall Street Journal reports that the prize-winning Chevy Malibu shows that many consumers still want Japanese cars from Toyota (TM) and Honda (HMC).
The Wall Street Journal reports that the rise in homeowners skipping mortgage payments is putting new pressure on Fannie Mae (FNM) and Freddie Mac (FRE).
The Wall Street Journal reports that the head of Gannett’s (GCI) USA Today is leaving amid a drop in circulation.
The Wall Street Journal reports that the slump is hitting venture capitalists.
The Wall Street Journal reports that auto sales may have bottomed.
The Wall Street Journal reports that access to cheaper capital gives China an edge in global markets.
The Wall Street Journal reports that a recovery in the IPO market is a long way off.
The Wall Street Journal reports that the UAW is facing a tough opponent in the US government.
The Wall Street Journal writes that a program giving credits to people who trade old cars for new ones is gaining steam.
The Wall Street Journal reports that doctors are being urged to be careful about taking drug company money.
The Wall Street Journal reports that the parent of the Chicago Sun Times filed for Chapter 11.
The Wall Street Journal reports that airlines have started to hedge fuel costs again.
The Wall Street Journal reports that the CFO of Facebook left.
The Wall Street Journal writes that Sony (SNE) cut the price of the PlayStation 2.
The New York Times reports that the US may go with a plan to break GM into two pieces.
The New York Times reports that Fiat may find a tie-up with Chrysler helps its US sales.
The New York Times reports that four small banks paid back TARP funds.
The New York Times report that data from South Korea, Japan, and China shows Asian economies falling further.
The New York Times reports that Avastin, a drug from Genentech (DNA), has been approved for treating brain tumors.
The FT reports that the SEC may enlist third parties to help enforce fraud statutes.
The FT reports that GE (GE) will pitch its vision for world healthcare.
The FT reports that a monitoring group for TARP is launching fraud investigations.
Bloomberg reports that Obama thinks Chapter 11 is the best option for GM and Chrysler.
Douglas A. McIntyre
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