Media Digest 9/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Markets in Asia and Europe were mostly higher with many up over 1%. Cadbury rose on an offer from Kraft (KFT). Rio Tinto (RTP) rose.

Reuters:   Kraft (KFT) bid $16.7 billion for Cadbury.

Reuters:   China Trust bid $2.4 billion for AIG’s (AIG) Taiwasn unit.

Reuters:   Markets are still concerned about stimulus programs after the G-20 meeting.

Reuters:   The US leads the world in foreign weapons sales.

Reuters:   Google (GOOG) says online books make the internet democratic.

Reuters:   Gold is still near $1.000.

Reuters:   Eddie Lampert hit back on a “inaccurate” piece on Sears (SHLD) in Barron’s

WSJ:   Cadbury rejected Kraft’s (KFT) buyout offer.

WSJ:   The G-20 set broad rules for regulating bank risk.

WSJ:   Honda (HMC) will launch an all electric car in the US within a few years.

NYT:   Movie studios are worried about the threat the movie rental kiosk Redbox is to their businesses.

NYT:   Google’s (GOOG) former China CEO will fund start ups.

NYT:  TV and cable companies like DirecTV (DTV) and Verizon (VZ) are starting  app stores like Apple (AAPL)

NYT:   Congress is trying to block the growth of natural gas to help the coal industry.

NYT:   Intel (INTC) and Qualcomm (QCOM) are becoming more aggressive competing against one another.

NYT:   NBC (GE) is overhauling its women’s site.

FT:   Google (GOOG) is offering concessions to European publishers to help its online business.

FT:   The FDA is easing the way for the GSK (GSK) Cervarix vaccine.

Douglas A. McIntyre