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