Media Digest 6/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: June 25, 2010 3:45 am

Last Updated: June 25, 2010 5:41 am

Reuters: Lawmakers are close to crafting a final financial reform bill.

Reuters: BP plc (NYSE: BP) shares fell again on clean-up cost concerns.

Reuters: Large numbers of people stood in line to get Apple Inc.’s (NASDAQ: AAPL) new iPhone.

Reuters: Goldman Sachs Group (NYSE: GS) had the top global M&A spot for the first half.

WSJ: Congressional talks about financial reform hit snags.WSJ: Consumer finance has been altered more than at any time in several decades as state and federal authorities set new guidelines.

WSJ: The jobs bill was defeated and 1.3 million Americans will lose unemployment benefits.

WSJ: Firms are increasing spending on manufacturing projects.

WSJ: The Sun Microsystems deal helped Oracle Corporation (NASDAQ: ORCL) earnings.

WSJ: Hulu may test a paid service within weeks.

WSJ: BP oil spill costs reached $2.35 billion.

WSJ: Profits at Research In Motion (NASDAQ: RIMM) rose but sales were below forecast.

WSJ: Hasbro (NYSE: HAS) is not pursuing a buyout.

WSJ: The Supreme Court cut down certain fraud laws that helped convict Enron’s Jeff Skilling.

WSJ: SAIC Motors will raise almost $1.5 billion.

WSJ: Congress questioned the FCC about new internet rules.

WSJ: The FCC will slow its review of the Comcast (NASDAQ: CMCSA) deal to buy GE’s (NYSE: GE) NBCU.

WSJ: Johnson & Johnson (NYSE: JNJ) will continue to keep a plant that makes children’s medicine closed.

WSJ: The head of Yahoo! (NASDAQ: YHOO) defended her tenure at the company.

WSJ: Boeing (NYSE: BA) has found more flaws in the 787.

WSJ: Twitter settled privacy issues with the FTC

WSJ: Greek CDS hit $1 million to insure $10 million in debt, which implies a 67% chance that the country will default in the next five years.

NYT: The new iPhone may have a problem with dropped calls.

NYT: An MIT study says use of natural gas may double.

FT: A new bank levy which may be approved by Congress could cost the industry $19 billion.

FT: The end of the dollar exchange rate with the yuan has not changed the value of the Chinese currency by much.

Bloomberg: The head of Toyota Motor (NYSE: TM) earns less than CEOs of other Japanese car companies.

Bloomberg: Income to Michael Jackson’s estate topped $250 million over the last year.

Bloomberg: Luxury car makers are adding staff.

Douglas A. McIntyre

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