Media

Media Digest 4/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring.

Reuters writes that US banks may still need aid.

Reuters writes that Morgan Stanley’s (MS) Q1 earnings may be hurt by bonds.

Reuters reports that regulators may not want TARP money back soon.

Reuters reports that lower home values are widening budget gaps in many US cities.

Reuters reports that laid-off workers are sometimes finding jobs, but at much lower pay.

Reuters writes that Moody’s (MCO) took away Berkshire Hathaway’s (BRK) Triple-A rating.

Reuters writes that Nintendo will launch Wii Sports in June.

Reuters reports that US airlines may cancel more aircraft orders.

Reuters writes that the collapse of the IBM (IBM) deal may weaken Sun (JAVA) more.

The Wall Street Journal reports that more states plan to raise taxes.

The Wall Street Journal reports the a new suit claims that China dumped steel.

The Wall Street Journal writes that ING will sell $10.6 billion in assets.

The Wall Street Journal reports that Fed officials are split on the best path forward.

The Wall Street Journal reports that questions dog insurers on TARP funding.

The Wall Street Journal writes that Pulte (PHM) will buy Centex (CTX).

The Wall Street Journal reports that Toyota (TM) will put a new executive in charge of North America.

The Wall Street Journal reports that the creator of the Sims game will leave Electronic Arts (ERTS).

The Wall Street Journal reports that Apple (AAPL) is fighting patent suits.

The Wall Street Journal reports that success at Wal-Mart (WMT) and other discounters has helped retail sales and may continue to do so.

The Wall Street Journal writes that there is fighting over SEC plans on short sales.

The Wall Street Journal reports that a Barclays (BCS) sale of iShares to CVC is near.

The Wall Street Journal reports that aid is flowing to US auto parts makers.

The Wall Street Journal reports that Daimler expects a significant loss in Q1.

The Wall Street Journal writes that China has set its plan to develop electric cars.

The Wall Street Journal reports that Acer thinks low cost laptops will help its results.

The New York Times reports that the Administration may suggest that individuals invest in bank bailouts.

The New York Times reports that a federal stress test of 19 banks shows that some may need more money.

The New York Times reports that Japan is unveiling a $154 billion stimulus package.

The FT reports that the number of new mobile subscribers in the world fell in the fourth quarter.

Douglas A. McIntyre

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