Media Digest 4/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, a new generation of netbooks may reshape the PC industry.

Reuters reports that concerns about swine flu have spread across the globe causing health alerts.

Reuters reports that John Thain says a number of reports about the Bank of America (BAC) buyout of Merrill are not true.

Reuters writes that Chrysler and the UAW have made a tentative deal.

Reuters reports GM (GM) is about to release information on a radical downsizing.

Reuters writes that Facebook will give third party developers more access to its software.

Reuters the the spread of flu is a windfall for some drug makers including Roche.

Reuters reports that Qualcomm (QCOM) will pay Broadcom (BRCM) $891 million to settle legal disputes.

Reuters reports that AIG (AIG) has received bids of under $5 billion of its aircraft leasing business International Lease Finance Corp.

Reuters writes that Summers says the economy is no longer in free fall.

The Wall Street Journal reports that The Supreme Court will hear cases about whether the federal government can block state laws on consumer lending.

The Wall Street Journal reports that a junk-stock rally may not be sustainable.

The Wall Street Journal reports that companies using Twitter and blogs may face SEC trouble.

The Wall Street Journal reports that the IMF has been given more money and the difficult task of fighting the current recession while trying to keep another one from beginning.

The Wall Street Journal reports that Sharp had a full-year loss.

The Wall Street Journal writes that AT&T (T) is being questioned about targeted ads.

The Wall Street Journal reports that the pork industry is working to quell flu concerns.

The Wall Street Journal reports that car dealers face problems with inventory loans.

The Wall Street Journal reports that earnings results from two cable companies will show how the medium’s advertising is doing.

The Wall Street Journal reports that many P/C insurers may stay profitable.

The Wall Street Journal writes that investors gave a vote of support to Rattner’s   Quadrangle.

The Wall Street Journal writes that the government continues to use “systematic risk” as a reason to make bold moves in the financial industry.

The Wall Street Journal reports that memory chip sales may have hit bottom

The Wall Street Journal reports that Best Buy (BBY) is expanding its private label business.

The Wall Street Journal reports that GM (GM) is still pushing its growth in China.

The New York Times reports that write-downs of goodwill may continue at big banks.

The New York Times writes that big web operations like YouTube are moving into countries where they have to locate expensive servers but cannot get offsetting ad revenue.

The New York Times reports that the Swiss have asked the US to stop demanding the names of its banking customers.

The FT reports that a Fed study would put ideal interest rates at -5%.

The FT writes that ArcelorMittal will cut steel output.

The FT writes that Bloomberg will expand its investment in technology and news despite the economic downturn.

Bloomberg reports that Goldman Sachs (GS) is increasing its trading risk taking.

Bloomberg reports that tech stocks are favorites among the S&P 500 because many have no debt.

Douglas A. McIntyre