Media
Media Digest 6/15/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Credit agencies may not be badly damaged in the financial reform bill.
Reuters: Moody’s (NYSE: MCO) cut Greece’s rating to junk.
Reuters: The euro dropped on profit taking.
Reuters: Oil moved above $75.Reuters: The Microsoft (NASDAQ: MSFT) Kinect video game platform will launch on November 4.
Reuters: Sprint (NYSE: S) will limit data roaming on laptops.
Reuters: News Corp (NYSE: NWS) will buy Hearst’s e-reader business.
WSJ: The Federal Reserve is looking at alternatives if growth slows.
WSJ: Documents show that BP rig workers focused on costs.
WSJ: Research In Motion (NASDAQ: RIMM) is testing a tablet and new BlackBerry.
WSJ: News Corp will offer $11.5 billion for the part of BSkyB that it does not own.
WSJ: Procter & Gamble (NYSE: PG) is increasing marketing spending for a type of Pampers which many says cause rashes.
WSJ: Bank of Japan is making $32 billion in low-cost funds available to banks.
WSJ: Walgreen will honor its deal with CVS.
WSJ: The UAW has a $45 billion fund to invest.
WSJ: Ralph Lauren will sell shares in his company.
WSJ: Spain’s banks face a credit crunch.
WSJ: Facebook’s online currency is making some users upset.
WSJ: European problems are hurting Asian exporters.
WSJ: The Volcker rule is likely to be in the financial reform bill.
NYT: Starbucks (NASDAQ: SBUX) will offer free WiFi.
NYT: Smaller nations in Europe want Germany to increase imports.
NYT: Most of Goldman Sachs Group’s (NYSE: GS) large customers are not leaving.
NYT: A Fed research paper shows rates could stay low until 2012.
NYT: An ESPN channel will stream through the Xbox.
NYT: Honda Motor (NYSE: HMC) faces a new strike in China.
FT: The US will try to get a $20 billion bailout fund.
FT: China will begin to invest in projects in Greece.
FT: Spanish companies and banks are having trouble raising money.
Bloomberg: Exxon Mobil (NYSE: XOM) is distancing itself from BP plc.
Bloomberg: Congress is still struggling with the choice of improving employment or cutting the deficit.
Bloomberg: China’s banks are concerned about a real estate bubble.
Bloomberg: Global music sales should improve in 2013 as digital sales pass CDs according to a PricewaterhouseCoopers report.
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