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