Media

Media Digest 3/9/2010 Reuters, WSJ, NYTimes, FT, Bloomberg.

Reuters:   Toyota (TM) said it found no electronic safety problems with its cars.

Reuters:   China said it was committed to US debt but worried about gold.

Reuters:   Japanese car companies are studying a brake override system.

Reuters:   Sony (SNE) will start selling 3D TVs in Japan.

Reuters:   Northrup (NOC) dropped out of bidding for a U.S. military air tanker project.

Reuters:   Google (GOOG) and MySpace face charges of cyber-bullying by some members.

Reuters:   Greece is urging the G20 to reign in speculators on its national debt.

Reuters:   The International Brotherhood of Electic Workers sued Goldman Sachs (GS) over its compensation practices.

Reuters:   Obama targeted large insurers as a major cause of healthcare cost increases.

WSJ:   Google (GOOG) is testing TV search services.

WSJ:   Private equity firms are facing suits over some of their investments.

WSJ:   UK banks face debt downgrades.

WSJ:   AIG (AIG) and MetLife (MET) reached a deal for AIG to sell its Alico unit for $15.5 billion.

WSJ:   Google (GOOG) will have problems building and servicing its ultra high-speed internet network.

WSJ:   IBM’s (IBM) CEO compensation dropped.

WSJ:   Tivo’s loss rose on increased costs.

WSJ:   Markets were buoyed by chance that Dubai would settle debt problems.

WSJ:   Many retailers are increasing inventories.

WSJ:   Verizon Wireless will start to carry NFL games.

NYT:   Pension funds are making riskier investments.

NYT:   Google’s (GOOG) translation tool has become highly sophisticated and is gaining a large following.

NYT:   Oil and gasoline prices are moving up.

NYT:   Pfizer (PFE) and Teva (TEVA) are competing to buy generics companies.

NYT:   Brazil may put tariffs on some US goods.

NYT:   Portugal is preparing austerity measures.

FT:   Merkel of Germany said an IMF-like agency in Europe would require a new treaty.

FT:   China will keep buying US debt.

FT:   News Corp (NWS) is expanding more rapidly into the Middle East.

Bloomberg:   Ethanol prices are about to rise.

Douglas A. McIntyre

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