Media Digest 3/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Some senators want hearings on the Fannie Mae (FNM) and Freddie Mac (FRE) bailouts.

Reuters:   Toyota (TM) is at work in China on damage control.

Reuters:   Asia factory output expanded by China slowed some.

Reuters:   AIG (AIG) will sell its Asia life insurance unit to the UK’s Prudential for $35 billion.

Reuters:   Chile’s top cooper mines were hit by the earthquake.

Reuters:   The Senate will probably pass a job aid package.

Reuters:   Greece may take more costs from its budget as EU officials visit the nation.

WSJ:   The antitrust battles between Microsoft (MSFT) and Google (GOOG) are growing.

WSJ:   The dual decline of stocks and commodities may take markets down further.

WSJ:   Merck KGaA will buy biotech equipment maker Millipore for $7 billion.

WSJ:   A Greek bailout plan for about $41 billion involving France and Germany is well along.

WSJ:   Snow will hurt February car sales.

WSJ:   A quarter of Americans get news on cellphones according to Pew.

WSJ:   Japan had an increase in car sales.

WSJ:   Soros is unhappy with bank bailouts.

WSJ:   An Apple (AAPL) audit to labor practices found some violations.

WSJ:   Berkshire Hathaway (BRK-B) results rebounded from last year.

NYT:   Network news is in trouble as people get information elsewhere.

NYT:   E-book costs are high for publishers because of royalties and overhead.

NYT:   New York Times (NYT) content will be available on hundreds of public screens in five cities.

NYT:   A Columbia Journalism Review report shows poor editing at major magazine websites.

FT:   Caterpillar (CAT) will cut links in Iran.

FT:   As US workers age, some manufacturing skills leave the work force.

FT:   The demand for online films is dropping.

Douglas A. McIntyre