Media Digest 5/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 23, 2010 3:50 am

Last Updated: June 23, 2010 5:24 am

Reuters: Auto dealers will not be subject to new financial regulations.

Reuters: The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ).

Reuters: Firm iFixit says the Apple Inc (NASDAQ: AAPL) iPhone 4 has chips from Samsung, ST Microelectronics, and Micron Technologies (NYSE: MU).

Reuters: BA has set a deal on pension funds to clear the way for its merger with Iberia.WSJ: The plan for a bank tax to cover future financial meltdowns is gaining among G20 nations.

WSJ: Investors are buying homes in Las Vegas and Phoenix.

WSJ: The outlook for home prices got worse.

WSJ: Lockheed won another large defense contract.

WSJ: The recession has kept people in cities according to the Census Bureau

WSJ: A Honda Motors (NYSE: HMC) plant in China shut down again because of a strike.

WSJ: The head of Nissan made nearly $10 million last year.

WSJ: A judge overturned a ban on deepwater drilling.

WSJ: US travel spending was up in Q1, according to the Commerce Department.

WSJ: Walt Disney (NYSE: DIS) will begin to build luxury homes in Florida.

WSJ: The Administration set up inter-agency programs to combat online hacking.

WSJ: GM will set up a unit in South America.

WSJ: Procter & Gamble (NYSE: PG) will increase its business operations in India.

NYT: Robert Dudley of BP plc (NYSE: BP) will take over the company’s work on the Gulf spill.

NYT: Banks have paid back 75% of the government’s investment, according to Geithner’s testimony to the Congressional Oversight Panel

NYT: The UAW is challenging Toyota (NYSE: TM) labor practices.

FT: Petrobras will postpone its $25 billion IPO.

Bloomberg: Bernanke says the US economy could be helped by a stronger yen.

Bloomberg: Trading volatility in Research In Motion (NASDAQ: RIMM) has increased due to threats from Apple and Android.

Douglas A. McIntyre

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