Media
Media Digest 1/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Published:
Last Updated:
Reuters: Obama said he will not let companies who owe the US taxes to bid for government work.
Reuters: Republican Scott Brown won the Senate race in Massachusetts putting the Obama healthcare proposal at risk.
Reuters: The government made banks pay more than the face value for warrants which it received as part of the TARP funding.
Reuters: China is putting a brake on bank lending.
Reuters: Unemployment will be high in many cities through 2013.
Reuters: The Fed defended its actions in the AIG (NYSE:AIG) rescue and said it welcomes an inquiry.
Reuters: IBM (NYSE:IBM) raised guidance but investors remained concerned.
Reuters: Schwab (NASDAQ:SCHW) and TD Ameritrade (NASDAQ:AMTD) posted low earnings and asked investors to be patient as interest rates rise and traders come back into the market.
WSJ: AIG (NYSE:AIG) is close to selling one of its units to MetLife (NYSE:MET) for $14 billion to $15 billion, which would give the New York Fed $9 billion to pay back loans.
WSJ: Google (NASDAQ:GOOG) delayed the launch of its handsets in China.
WSJ: Toyota (NYSE:TM) is seeking lithium to supply its electric engines.
WSJ: Chevron (NYSE:CVX) will cut refining jobs.
WSJ: Baidu (NASDAQ:BIDU) faulted Register.com for some of the hacking of the Chinese company’s systems
WSJ: Chinese homegrown movies are starting to win away consumers of Western films.
WSJ: Homebuilders say they expect a building recovery this year.
WSJ: Hershey (NYSE:HSY) has limited options to operate on its own.
WSJ: Omega 3 fatty acids have been linked to longevity.
WSJ: Banks are being forced to put more money into faltering real estate projects or shut them down.
NYT: When children are awake, they are usually online.
NYT: Sony (NYSE:SNE) delayed the launch of its motion controller until fall.
NYT: The Senate is considering dropping the consumer protection agency.
NYT: CEO Pandit is running out of time to clean up Citigroup (NYSE:C)
NYT: The FHA will raise standard for mortgage insurance.
NYT: The IMF sees global growth above 3% this year.
NYT: There is evidence that the cyber attack on Google (NASDAQ:GOOG) was based on technical data from China.
FT: Some analysts say that the Fed made a “killing” on AIG (NYSE:AIG) CDO contracts.
Douglas A. McIntyre
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