Media Digest 1/29/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Congress will probe the Toyota (NYSE:TM) recalls.

Reuters:   Samsung said chip and TV demand is strengthening.

Reuters:   Some AIG (NYSE:AIG) employees are open to cuts in retention pay.

Reuters:   Obama plans to spend $33 billion for job incentives.

Reuters:   Microsoft (NASDAQ:MSFT) beat expectations on strong sales of Windows 7.

Reuters:   Amazon (NASDAQ:AMZN) did better than Wall St. expectations and expects strong Q1 sales.

WSJ:   Bernanke won a second term.

WSJ:   The Apple (NASDAQ:AAPL) iPad offers new opportunities for App store software providers.

WSJ:   Toyota (NYSE:TM) is close to a fix for stuck pedals.

WSJ:   AT&T (NYSE:T) laid out a plan to improve its 3G network.

WSJ:   Nokia (NYSE:NOK) posted a strong quarter but Motorola’s (NYSE:MOT) numbers were weak.

WSJ:   Wal-Mart (NYSE:WMT) signed a deal with Hong Kong’s Li & Fung to source $2 billion worth of goods.

WSJ:   Greece made more austerity vows.

WSJ:   Ford (NYSE:F) posted a profit for last year.

WSJ:   Q4 GDP numbers will be largely driven by slower inventory declines.

WSJ:   Big biotech stocks which were hot a decade ago are now the subject of some skepticism.

WSJ:   China believes crude oil prices will average $80 this year.

NYT:   A survey of corporate IT executives shows they have an increased fear of cyberattacks.

FT:   JPMorgan (NYSE:JPM) will launch a global corporate banking unit.

FT:   Samsung passed HP (NYSE:HPQ) as the largest big tech company in the world based on sales.

FT:   The EU signalled that it would back Greece in a financial crisis.

FT:   Apple (NASDAQ:AAPL) faces legal problems over the iPad name.

Bloomberg:   Bank chiefs gathered in Davos to discuss ways to avoid government oversight that might lead to break-ups of some of the firms.

Douglas A. McIntyre