Media Digest 6/9/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 9, 2010 4:00 am

Last Updated: June 9, 2010 5:12 am

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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