Media Digest 6/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The prime minister of Japan resigned.

Reuters:   American International Group (NYSE: AIG) may have an IPO for AIA.

Reuters:   Apple Inc.s  (NASDAQ: AAPL) Steve Jobs finds suicides at Foxconn disturbing.

Reuters:   The US is fighting a bid by Transocean (NYSE: RIG) to limit its liability.

Reuters:   The US opened a criminal probe into the BP plc (NYSE: BP) spill.

Reuters:   Nintendo will cut prices on it DS is Japan.

WSJ:   Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC) will try to create products to catch the iPad

WSJ:   Delta (NYSE: DAL) faces fights with unions over its UAL (NASDAQ: UAUA) merger.

WSJ:   Icahn extended his offer for Lions Gate.

WSJ:   Citigroup (NYSE: C) will keeps it CitiFinance operation for sale.

WSJ:   Hewlett-Packard (NYSE: HPQ) restructured its services group.

WSJ:   The US will probe Ford Motor (NYSE: NYSE: F) floor mat problems.

WSJ:   Most consumers do not know their broadband speeds.

WSJ:   Amgen (NYSE: AMGN) received approval for a drug that treats women’s fragile bones.

WSJ:   China will help hybrid buyers.

WSJ:   German aid for Opel is in trouble.

WSJ:   Chipmakers boosted capacity.

WSJ:   Automakers are relying less on sales gimmicks.

WSJ:   Oil dropped 1.9%.

NYT:   A dispute over wages at Honda Motor (NYSE: HMC) shows Japan how tough China business can be.

NYT:   Walt Disney (NYSE: DIS) will sell tickets on Facebook.

NYT:   Spain is having trouble deciding the road to austerity.

FT:   Carlos Ghosn of Nissan sees a record year for the car industry

Bloomberg:   A drop in BP shares increased takeover speculation.

Bloomberg:   Facebook’s 500 million users drew a 4x increase in ad sales.

Douglas A. McIntyre