Media Digest 6/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 7, 2010 3:55 am

Last Updated: June 7, 2010 5:20 am

MarketWatch: The Nikkei dropped 3.8%.

Reuters: The euro dropped to a four-year low as investors exit risk.

Reuters: Foxconn will up wages after suicides.

Reuters: Economists expects a slowdown but not a double dip recession.Reuters: Yahoo! (NASDAQ: YHOO) users will gain more access to Facebook.

Reuters: Australia will investigate Google’ (NASDAQ: GOOG) privacy policies.

Reuters: Prudential plc denied it would make another bid for AIA.

WSJ: Trouble in the market means that the Fed will keep rates low.

WSJ: Several companies announced positive results on the war against cancer.

WSJ: Saint Consulting Group is helping companies like Supervalu and Safeway to stop building of Wal-mart (NYSE: WMT) stores.

WSJ: AT&T (NYSE: T) is in talks about buying a stake in India telco Reliance.

WSJ: The oil spill and volcano are giving insurance companies a reason to raise rates.

WSJ: BP plc (NYSE: BP) says its cap on the oil spill is collecting 10,000 barrels a day.

WSJ: HTC is gaining ground on the Apple Inc. (NASDAQ: AAPL) iPhone.

WSJ: The G20 is nearing rules on bank capital requirements.

WSJ: Carlyle is beginning to make large investments in Asian companies.

WSJ: Tough times in oil drilling could hurt small companies.

WSJ: GM will begin to advertise on the Super Bowl again.

WSJ: AT&T’s (NYSE:T) decision to charge for wireless data use will help cable companies.

WSJ: IRS moves could hurt the use of Build America bonds.

WSJ: Bank valuations are likely to stall.

NYT: A deal on bank reform would help change G20 attitudes toward the issue.

NYT: Makers of Apple apps are worried bandwidth charges will hurt them.

NYT: Hewlett-Packard (NYSE: HPQ) is building new printers for the handset age.

FT: Chinese officials are criticizing Goldman Sachs Group (NYSE: GS) for oil hedging.

FT: IEA says energy subsidies are higher than expected.

FT: The G20 dropped support for financial stimulus.

Bloomberg: Oil clean-up will last at least until the fall.

Douglas A. McIntyre

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