Media
Media Digest 1/11/2010 Reuters, WSJ, NY Times, FT, Bloomberg
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Last Updated:
Reuters: A senior Fed official said the joblessness will not affect rate policy.
Reuters: Shares in China lenders rose causing economic overheating fears.
Reuters: Motorola (NYSE:MOT) says cellphone use for shopping is up.
Reuters: Lawmakers are pressing US Fed on rose in AIG (NYSE:AIG) bailout.
Reuters: GE’s (NYSE:GE) NBC is embarrased by its mistakes with Leno show.
Reuters: Goldman Sachs (NYSE:GS) may expand it charity program.
Reuters: GM will build a Volt-based Cadillac.
Reuters: Many banks have increased base salaries and cut bonuses.
Reuters: Delta (NYSE:DAL) and AMR (NYSE:AMR) will not be allow to invest in troubled JAL.
Reuters: Commercial property returns will grow in 2010.
WSJ: US earnings are likely to rebound this year.
WSJ: Many are reacting badly to high Wall St. bonuses but bankers are complaining more of their income is not cash
WSJ: Ford (NYSE:F) will introduce a new car based on demand for fuel-efficiency.
WSJ: China exports rose 17% in December.
WSJ: One official said Geithner had no role in details of AIG bailout.
WSJ: Citigroup’s (NYSE:C) Global Transaction Services units is growing with federal help.
WSJ: “Avatar” became the top movie release of 2009.
WSJ: Foot Locker will close 117 stores.
WSJ: Rising aluminum prices should help Alcoa’s (NYSE:AA) earnings.
NYT: Goldman Sachs may require bankers to give more to charity.
NYT: Some US banks insist they will not accept UK efforts to put high taxes on bank salaries.
NYT: The great majority of actual reporting among news media comes from newspapers.
FT: US commercial property is drawing large investments.
FT: Cadbury (NYSE:CBY) will bolster its takeover defense by posting big 2009 profits.
FT: The market value of China banks has moved well ahead of US peers.
Bloomberg: China officially overtook the US as the largest car market.
Bloomberg: The Fed will seek court help to keep details of its bank bailouts secret.
Douglas A. McIntyre
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