Media
Media Digest 6/9/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Fed officials are at odds about rates.
Reuters: The “Volcker Rule” may be in trouble as the Senate works on financial reform.
Reuters: Shareholders would sack BP plc’s (NYSE: BP) chairman before its CEO.
Reuters: Hulu plans to charge for content and expand its services.Reuters: Sprint-Nextel (NYSE: S) says it overstated initial sales of its EVO.
WSJ: Fiorina and Whitman won primaries in California.
WSJ: The fight over taxing investment partnerships is growing in Congress.
WSJ: Santander said it has agreed to buy Bank of America Corporation’s (NYSE: BAC) 24.9% stake in the Spanish bank’s Mexican unit for $2.5 billion.
WSJ: The US hit China with a steel tariff.
WSJ: Chrysler is trying to rebuild its reputation.
WSJ: Dubai’s Emirates Airline ordered 32 new Airbus A380 super jumbo airplanes.
WSJ: Gold prices hit a record high.
WSJ: Verizon Wireless is trying to close the gap with AT&T’s (NYSE: T) Apple Inc. (MSFNASDAQ: AAPL) iPhone.
WSJ: GM recalled 1.5 million cars.
WSJ: Apple will ship the new iPhone worldwide within weeks to build international sales quickly.
WSJ: Microsoft Corporation (NASDAQ: MSFT) is likely to lose its dominance in the operating system market.
WSJ: The SEC will approve new stock circuit breaker rules.
NYT: There are plumes of oil under the surface of the Gulf
NYT: The White House is promoting job growth while cutting the stimulus to save money.
NYT: The Fed found many bonus programs at banks have not changed even with the credit crisis.
NYT: The power of striking Chinese workers is growing.
NYT: European leaders will press strict limits on national budgets.
FT: Obama aggressively attacked BP’s CEO Tony Hayward.
FT: Chinese protesters fought with police as labor unrest grew.
FT: The EU will probably approve a new bank tax.
FT: Ambac (NYSE:: ABK) warned it may default on loan agreements.
Bloomberg: The IMF said risks to the global economy are higher.
Bloomberg: Chinese stocks were pushed up on news of an increase in exports.
Bloomberg: The BP oil spill means crude price gains while production falters.
Douglas A. McIntyre
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