Media
Media Digest 9/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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Last Updated:
Reuters: Obama’s move on trade with China makes good on a promise to labor.
Reuters: Uninsured Americans hope healthcare reform will bring them coverage.
Reuters: Adobe (ADBE) will buy Omniture for $1.8 billion.
Reuters: Citigroup (C) is seeing demand from institutional investors.
Reuters: Lehman says Barclays (BCS) got an $8.2 billlion windfall from a deal between the two firms.
Reuters: The Wall Street Journal will charge mobile readers.
Reuters: Facebook is making money and topped 300 million users.
Reuters:: US retail stocks jumped on news of strong retail demand.
Reuters: Intel (INTC) is preparing for a battle as it moves into mobile chips.
Reuters: Some top bond funds have gotten back their 2008 losses.
Reuters: US credit card defaults are up.
WSJ: Bernanke says that the recession is very likely over.
WSJ: The court ruling on the Bank of America (BAC) settlement with the SEC could undermine one of the agency’s best tools for regulating public companies.
WSJ: GM may boost the output of its best selling cars.
WSJ: Volume is up at online trading firms as day traders return to the market.
WSJ: The Wells Fargo (WFC) CEO said the Wachovia merger is on track.
WSJ: States receiving stimulus money will not create as many jobs as expected.
WSJ: The Financial Stability Board will suggest that bonuses be tied to bank capital levels.
WSJ: Some Congressional activists who want to audit the Fed actually want to get rid of it.
WSJ: Best Buy (BBY) forecasts raised hopes for holiday retail sales.
WSJ: Oracle (ORCL) launched database software that runs on Sum (JAVA) hardware.
WSJ: Demand for government debt is still holding strong.
WSJ: Foreign investment in China was up last month.
WSJ: Blockbuster (BBI) will shut as many as 40% of its stores.
WSJ: The global airline industry faces $11 billion in losses this year.
WSJ: CFOs are growing more optimistic about the economy.
WSJ: Murdoch says the ad market is improving.
NYT: Wages are up with those who still have jobs.
NYT: Apple (AAPL) hired a new general counsel.
NYT: A fight is shaping up over tax credits to buy new homes.
NYT: New rules may force auto industry fleets to average 35.5 miles per gallon by 2016.
NYT: Japan Air will cut 6,800 jobs.
FT: Anadarko (APC) and partners will show that they have found huge oil field along the coast from Ghana to Sierra Leone.
FT: Magna’s purchase of an interest in Opel may hurt its ties with BMW and VW.
Bloomberg: Credit default swaps are losing some of their stigma.
Bloomberg: Greenspan say Congress may hamper the Fed.
Douglas A. McIntyre
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