Media Digest 10/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 11, 2010 3:58 am

Last Updated: June 11, 2010 5:53 am

Reuters: The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates.

Reuters: Geithner says US patience on the yuan is disappearing.

Reuters: China factory output and capital spending slowed.

Reuters: The FBI is looking into a breach of security which let hackers get Apple Inc (NASDAQ: AAPL) iPad e-mails.Reuters: The UAE oil minister said oil oversupply is modest.

WSJ: BP is considering cutting its dividend.

WSJ: US companies have built record piles of cash.

WSJ: Dell (NASDAQ: DELL) and its CEO are in talks to settle with the SEC.

WSJ: Web watchdogs are looking for more privacy flaws from internet companies.

WSJ: The China CPI rose above 3%.

WSJ: The ECB raised growth forecasts.

WSJ: Bancaja and Caja Madrid and other Spanish banks are in merger talks.

WSJ: The FDA attacked a GlaxoSmithKline (NYSE: GSK) diabetes drug.

WSJ: Retailers are making it more convenient to shop by cellphone.

WSJ: Four German states said they may help Opel.

WSJ: A merger between UAL Inc (NASDAQ: UAUA) and Continental (NYSE: CAL) will not solve many problems, according to United’s CEO.

WSJ: Petrobras got government approval for a huge decade-long expansion.

WSJ: Companies have finished restocking inventories cut by the recession and now must consider adding inventory for the recovery.

WSJ: Global assets under management grew almost 12% last year, driven by Asia.

WSJ: There is a rumor that PetroChina (NYSE: PTR) could buy BP.

WSJ: New circuit breaker programs are about to go into effect.

NYT: Honda Motor (NYSE: HMC) may face more labor disruptions in China.

NYT: A new search engine allows patients to look at doctors and fees.

NYT: Johnson & Johnson (NYSE: JNJ) has been uncooperative in an inquiry about problems with its drugs, according to some government officials.

NYT: There is a British backlash to US attacks on BP.

NYT: Nearly 200 lawsuits have been filed against BP.

NYT: The House and Senate have begun to merge their bills on financial reform.

NYT: The Senate is losing patience on US policy on China trade.

FT: China’s inflation topped a 3% target.

FT: The FBI will target mortgage fraud.

FT: Funding costs for US companies are down.

FT: BA may move flights to Madrid to undermine strikers.

Bloomberg: Congress may override a veto on a potential bill on yuan reform.

Douglas A. McIntyre

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