Media Digest 3/12/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters.   Obama will nominate Yellen to be Fed vice chair.

Reuters:   China told Obama to leave yuan policy to its government.

Reuters:   A Chinese minister said the nation could not keep up fast industrial growth

Reuters:   Toyota (TM) says discounts are helping sales.

Reuters:   Summers says the US is close to job growth.

Reuters:   Democrats are closer to a healthcare bill.

WSJ:   Low shipping capacity is hurting US exports.

WSJ:   The final review of the Lehman collapse blamed the company’s management, E&Y, and several banks.

WSJ:   AIG (AIG) workers will give up $45 million after talks with Feinberg.

WSJ:   The head of GMAC may get no cash comp this year.

WSJ:   Disney (DIS) studios will focus on Marvel heroes.

WSJ:   Google (GOOG) is near a deal on Chinese censoring.

WSJ:   The US may put black boxes in cars.

WSJ:   Motorola (MOT) will put Microsoft (MSFT) Bing on some of its phones.

WSJ:   Google (GOOG) will stop censoring its web results in China.

NYT:   Rising seed prices are drawing scrutiny for regulators.

NYT:   Google (GOOG), Yahoo! (YHOO) and Microsoft (MSFT) allow advertisers to buy ads in the second it takes for a web page to load.

NYT:   Lexus has avoided the image problems of parent Toyota.

FT:   Google faces regulatory hurdles on its purchase of AdMob.

NYT:   Luxury cars helped profits at BMW and VW.

NYT:   The EU and US are arguing over hedge fund regulation.

NYT:   The Senate Democrats will move forward on finance reform.

WSJ:   The unintended acceleration problems Audi had in 1982 are a template for Toyota (TM)

WSJ:   Some retailers are seeing a return of their pricing power.

WSJ:   Economists credit the Fed with salvaging the economy during the credit crisis.

WSJ:   Intel (INTC) and AMD (AMD) have ramped up their war for server chip market share

WSJ:   Labor deadlines are hurting the industry’s recovery.

WSJ:   Americans cut debt in the fourth quarter of last year.

FT:   Changes in takeover defenses will help increase hostile deals.

Douglas A. McIntyre