Media

Media Digest (3/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   A suicide bomber killed 37 in Moscow.

Reuters:   China sentenced Rio Tinto (RTP) executives in prison for ten years.

Reuters:   A JPMorgan $1.4 billion tax write-off faces FDIC scrutiny.

Reuters:   Some Apple iPads will not ship until April 12.

Reuters:   Iceland expects an IMF review within a few weeks.

Reuters:   Geely of China signed a binding $1.8 billion agreement to buy Volvo from Ford (F).

Reuters:   Sinopec (SNP) will buy upstream assets in Angola.

WSJ:   The Boeing (BA) Dreamliner passed a critical test.

WSJ:   US citizens are losing faith in the economy.

WSJ:   Someone stole the identities of 3.3 million people from student loan records.

WSJ:   The idea of taxing large  banks to pay for a future crisis is gaining support in the US and UK

WSJ:   Rising Treasury bond yields could hurt stocks.

WSJ:   Chrysler is trying to speed up the launch of its new 300 series flagship car.

WSJ:   Local governments facing growing pension liabilities.

WSJ:   Nestle is taking a beating from environmentalists who are mounting an online campaign against the company.

WSJ:   Google (GOOG) will challenge the new version of Microsoft (MSFT) Office.

WSJ:   After-tax corporate income was 7.6%, nearly as high as pre-recession levels.

WSJ:   Grasshoppers could damage millions of acres of farm land.

WSJ:   Federal caps on pay caused AIG (AIG) to lose its head of aircraft leasing.

WSJ:   Ebay (EBAY) will offer high-end fashion brands

NYT:   Sony (SNE) hopes to catch-up to its rivals in consumer electronics.

NYT:   Apple (AAPL) faces the problem of mass market penetration of its iPad.

NYT:   It has become harder to unsubscribe from e-mail lists.

NYT:   British Air was hit by renewed strikes.

FT:   The FDIC will review how it sells assets for failed banks to prevent windfalls for buyers.

FT:   Junk bonds are selling at record levels.

Bloomberg:   Goldman Sachs (GS) capitalization of the dollar lead a turnaround of the firm’s outlook on economy.

Douglas A. McIntyre

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