Media

Media Digest 8/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   A plan for universal healthcare in China could cut the savings rate.

Reuters:   Bank regulators are opposing the Obama shake-up of the system.

Reuters:   Bank of America (BAC) settled SEC charges over Merrill bonuses.

Reuters:   July retail sales lacked a back-to-school jump.

Reuters:   Toyota (TM) revised its forecasts upward.

Reuters:   The FDIC is moving quickly to set rules for private equity to invest in banks.

Reuters:   The FTC is pressing a probe on the relationship between the Apple (AAPL) and Google (GOOG) boards.

Reuters:   BHP Billiton (BHP) named a former Ford (F) CEO as chairman.

Reuters:   AIG (AIG) picked a former Met Life (MET) chief  as its next CEO.

WSJ:   The loss at UBS (UBS) widened to $1.3 billion.

WSJ:   The Treasury will borrow less in the third quarter than expected.

WSJ:   Eric Schmidt will leave the Apple board.

WSJ:   CIT (CIT) is moving to improve the payout on its bonds.

WSJ:   Starbucks (SBUX) is seeking to act more like streamlined competitors.

WSJ:   Voters in Detroit and Flint will go to the polls in elections that will help determine their futures.

WSJ:   Savings could have a lot to do with future increases in the stock market.

WSJ:   Oil hit s six-week high.

WSJ:   MGM Mirage (MGM) is seeing an improvement in bookings.

WSJ:   Macy’s (M) is using the recession to remake its business.

WSJ:   GM’s job cuts are short of its goals.

NYT:   Income losses continue long after a recession.

NYT:   US regulators are looking that the impact of high-frequency trading on the markets.

FT:   The market for leveraged loans hit a 12-month high.

Douglas A. McIntyre

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.