Media Digest 6/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 14, 2010 4:04 am

Last Updated: June 14, 2010 5:44 am

Reuters: Obama’s leadership will be tested this week by his reaction to BP plc (NYSE: BP) spill.

Reuters: Jobs are critical to the housing recovery.

Reuters: China’s AgBank will attempt a $23 billion IPO.Reuters: A member of the EU council said a strong euro masked problems in the region.

Reuters: Short covering lifted the euro and gold.

Reuters: A member of the Fed said EU problems will not delay US central bank decisions.

Reuters: AT&T (NYSE: T) will work with law enforcement on the iPad security problem.

Reuters: The ITC will look at Apple’s potential infringement of HTC patents.

Reuters: Google Inc. (NASDAQ: GOOG) is trying to build a trade violation case over its problems in China.

Reuters: Petrobras of Brazil may seek a $23 billion stock sale.

WSJ: The US will demand a BP damage fund.

WSJ: Investigations about Intel’s (NASDAQ: INTC) relationship with Dell (NASDAQ: DELL) may show how much the PC company’s finances were impacted.

WSJ: AT&T blamedc its iPad security problems on malicious hackers.

WSJ: German and French banks have huge exposure to Greece, Spain, and Portugal.

WSJ: Marketers are using location-based solutions to track smartphone users.

WSJ: Asia exporters are hurt by Europe’s problems.

WSJ: Workers at a Honda Motor (NYSE: HMC) plant in China returned.

WSJ: Spirit Air canceled flights due to a strike.

WSJ: Investors are ignoring problems in the muni market.

WSJ: Chevron (NYSE: CVX) said a stop to deepwater drilling was unnecessary.

WSJ: Oil restrictions may hurt the prospects on long-term use of the Alaska pipeline.

WSJ: France will cut $55 billion from its budget in the next three years.

WSJ: Optimism over car sales is failing.

WSJ: “Karate Kid” was tops at the box office.

WSJ: The FDIC has come up with new ways to sell assets.

NYT: The government will release new rules that discourage companies from cutting benefits.

NYT: The FTC is trying to advise the faltering newspaper industry.

FT: US banks are likely to lose a battle in Congress to preserve their swaps businesses.

FT: Price jumps are hurting coffee speculators.

FT: The FDA wants a crackdown on genetic testing.

Bloomberg: Europe’s banks are facing a funding squeeze.

Bloomberg: BP may lose oil leases in the Gulf.

Bloomberg: Bailouts of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) could hit $1 trillion.

Bloomberg: Bokia oy (NYSE: NOK) is losing the app battle to Apple (NASDAQ: AAPL) and Google’s (NASDAQ: GOOG) Android.

Douglas A. McIntyre

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