Media Digest 3/5/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The House passed the $15 billion jobs bill.

Reuters:   China will slow government stimulus spending.

Reuters:   Toyota (TM) said there is no evidence of unintended acceleration in fixed cars.

Reuters:   Microsoft (MSFT) will stay in China despite Google’s (GOOG) problems.

Reuters:   The head of the FBI warned against the growing  cyber threat

Reuters:   China expects an 11% growth in industrial output this year.

Reuters:   One member of Congress said the proposed bank tax would be passed on to consumers.

WSJ:   Greece cleared an important hurdle with its debt sale.

WSJ:   Investment banks are advising both private equity firms and the companies they intend to buy.

WSJ:   Spain’s problems are hurting the country’s two largest banks BBVA and Santander

WSJ:   China will continue to give modest support to its economy.

WSJ:   Sony (SNE) will launch a number of devices aimed at Apple’s (AAPL) line of products.

WSJ:   The Treasury Department said no bank is “too big to fail.”

WSJ:   Cnooc of China is near a deal on Iraq oil.

WSJ:   Tivo’s (TIVO) shares rose after a patent victory over Dish (DISH) and EchoStar.

WSJ:   The FTC is proposing energy guidelines for TVs

WSJ:   The White House questioned a rise in health insurance premiums.

WSJ:   Jobs may be added to the economy because of an upturn in corporate profits.

WSJ:   Mortgage rates are down along with home demand.

WSJ:   Buffett’s return over the last 45 years has beaten all mutual funds.

WSJ:   Japanese companies are more concerned with PR after the Toyota (TM) problems.

WSJ:   Google’s (GOOG) will provide captions for its visitors.

NYT:   Rising prices may point to a real estate bubble in China.

NYT:   A new model for energy generation combines solar and fossil fuels.

NYT:   The heads of the 12 Federal Reserve districts helped push the plan that the agency should be independent.

NYT:   Retail sales rose despite bad weather in February.

NYT:   A Congressional panel which questioned the CEO of Citigroup (C) raised the question of moral hazards attached to bailouts.

NYT:   WPP says the worst of the ad downturn is over.

FT:   China targeted 8% economic growth for the year.

FT:   The US is expected to have lost 50,000 jobs in February.

FT:   Pandit blamed many of Citi’s problems on short sellers.

Bloomberg:   Fed presidents say interest rates must be low early in the recovery.

Douglas A. McIntyre