Media Digest 1/15/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   China says there are ways to resolve problems with Google (NASDAQ:GOOG), but the US is uncertain.

Reuters:   Oil fell to $79 over concerns about the US economy.

Reuters:   Intel (NASDAQ:INTC) earnings beat expectations.

Reuters:   Citigroup (NYSE:C) bonuses were similar to 2008

Reuters:   The Google hack was based on using Microsoft (NASDAQ:MSFT) Internet Explorer.

Reuters:   Geithner says he was not involved in the AIG (NYSE:AIG) bailout.

WSJ:   US banks paid out $145 billion in bonuses for 2009, up sharply from the previous year.

WSJ:   Starwood made new accusations about Hilton using stolen data.

WSJ:   Sears (NASDAQ:SHLD) is making a big effort online to replace lost traffic to its aging stores.

WSJ:   Refining margins are squeezing oil company profits.

WSJ:   The break-up of Motorola (NYSE:MOT) has been put on hold.

WSJ:   The CFTC voted to curb some oil futures trading.

WSJ:   Holiday spending was up modestly from 2008.

WSJ:   The US opened an antitrust probe of Monsanto (NYSE:MON)

WSJ:   Kodak (NYSE:EK) sued Apple (NASDAQ:AAPL) and RIM (NASDAQ:RIMM) over patent violations.

WSJ:   Juniper (NASDAQ:JNPR) was hit by cyber attacks

WSJ:   Obama launched a proposal to tax banks by $90 billion.

WSJ:   Rio Tinto’s (NYSE:RTP) ore output topped forecasts.

WSJ:   Retail investors may not move back into stocks even if Q4 earnings are good.

NYT:   Google (NASDAQ:GGOG) has little at stake in terms of Chinese revenue.

NYT:   The FBI is looking into a number of cases of mortgage fraud.

NYT:   Bernanke defended the Fed’s oversight role.

FT:   Citigroup (NYSE:C) will cap cash bonuses.

FT:   The FDIC chief blamed the Fed for the crisis.

FT:   Inflation is a threat in China and India.

Bloomberg:   Hershey (NYSE:HSY) is accelerating its bid for Cadbury (NYSE:CBY).

Bloomberg:   Debt ratings are rising the fastest since 2007.

Douglas A. McIntyre