Media Digest (4/22/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The head of GM says taxpayers may get their entire investment back.

Reuters:   Obama will urge tougher rules on Wall St.

Reuters:   The CEO of Goldman Sachs Group (NYSE: GS) attacked the SEC charges on a call with clients, according to the FT.

Reuters:   Profits at Starbucks (NASDAQ: SBUX) signaled a recovery.

Reuters:   Flights in Europe began again but carriers had trouble with backlogs of passengers.

Reuters:   eBay’s (NASDAQ: EBAY) outlook for the balance of the year was poor hurting its share price.

Reuters:   Facebook released tools to make the web more social.

Reuters:   High jet fuel prices are hurting airlines.

Reuters:   Visa, Inc. (NYSE: V) will use its acquisition of CyberSource to help its online business.

Reuters:   AMR (NYSE: AMR) missed targets.

WSJ:   Qwest (NYSE: Q) is in talks to merge with CenturyTel.

WSJ:   Fights among nations about bank regulations may kill cooperation regarding the credit crisis.

WSJ:   GM and Chrysler seem to have reached the point of consistent profitability.

WSJ:   The net at Credit Suisse (NYSE: CS) rose.

WSJ:   Investors are pulling out of the Greek bond market.

WSJ:   Moody’s (NYSE: MCO) cut its credit rating of Toyota Motor (NYSE: TM)

WSJ:   Barnes & Noble (NYSE: BKS) will begin a TV ad campaign.

WSJ:   A new version of Bloomberg BusinessWeek will launch today.

WSJ:   Target (NSYE: TGT) will begin to sell the Amazon (NASDAQ: AMZN) Kindle.

WSJ:   The cost of rising raw materials may be a sign of inflation.

WSJ:   United Technologies (NYSE: UTX) and Boeing (NYSE: BA) earnings signaled recovery in their industries.

WSJ:   The competition among car makers in the fast growing China market is accelerating.

WSJ:   AT&T Inc (NYSE: T) is betting on rising wireless data for higher revenue.

WSJ:   Blackstone Group (NYSE:BX) is joining the bidding for Extended Stay

NYT:   The Federal Reserve made $47.4 billion last year.

NYT:   The Sony (NYSE: SNE) PlayStation will stream baseball games.

NYT:   A bill on financial reform won approval in a Senate committee.

NYT:   At 40, Earth Day has become a business.

NYT:   Many middle class people may slip into poverty as a result of the recession.

NYT:   A Congressional panel will look into Moody’s role in the credit crisis.

FT:   Brazil and China are fighting for a stronger yuan.

FT:   Some airlines are seeking government support for their losses due to the volcano.

Bloomberg:   Hulu may begin to test a subscription service.

Douglas A. McIntyre