Media Digest 4/2/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the G-20 began the work of addressing the economic crisis.

Reuters reports that US auto sales may have bottomed.

Reuters reports that the House backed new laws for pay curbs at bailed out firms.

Reuters reports that Hank Greeenberg said AIG’s (AIG) problems are not his fault.

Reuters reports that CEOs often wait too long to file bankruptcy.

Reuters reports that Netflix (NFLX) delivered its 2 billionth movie.

Reuters reports that the US is facing danger of a second recession next year.

Reuters reports that Costco (COST) closed its home service stores.

The Wall Street Journal reports that Qwest (Q) may sell its long haul unit.

The Wall Street Journal reports that RIM (RIMM) launched a Blackberry software store.

The Wall Street Journal reports that the United Arab Emirates is developing nuclear power with US help.

The Wall Street Journal reports that Europe may be slow to recover because it has spent too little on economic stimulus plans.

The Wall Street Journal reports that individual investors are buying shares in Citigroup (C)

The Wall Street Journal reports that China’s SAIC car company is using US parts in its hybrid.

The Wall Street Journal reports that GM’s (GM) finance arm is trying to drum up sales.

The Wall Street Journal reports that Intel (INTC) and GE (GE) will team up on healthcare solutions.

The New York Times reports that netbooks are shaping the future of the US computer industry.

The New York Times reports that the EU carbon trading system may be working.

The FT said that the head of the IMF accused the G-20 of allowing the spread of toxic assets.

The FT says banks are raising money to pay off junior debt, which helps earnings.

The FT reports that US banks will benefit from a change in the accounting rules.

Douglas A. McIntyre