Media
Media Digest (6/30/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
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Last Updated:
Reuters: Democrats will make a final push for financial reform.
Reuters: Hurricane Alex is likely to affect clean-up efforts in the Gulf significantly.
Reuters: Oil will have its first quarterly drop in prices since 2008.
Reuters: Asian stocks will have their worst quarter since Lehman Bros. collapsed.
Reuters: Google (NASDAQ: GOOG) has set a timeframe to stop rerouting its China traffic to Hong Kong.Reuters: Hulu started a pay TV service.
Reuters: Tesla’s stock rose 40% after its IPO.
WSJ: BP plc (NYSE: BP) had two competing goals over the last several years–safety and profit.
WSJ: The No.2 executive at Goldman Sachs Group (NYSE: GS) will be questioned by Congress about what he knew of the firm’s derivatives program that caused losses at American Financial Group (NYSE: AIG).
WSJ: High-speed traders and mutual funds are in a fight for market supremacy which relies on technology and regulation.
WSJ: The EU has moved to calm fears about liquidity problems at major banks.
WSJ: Democrats dropped a bank tax in the financial reform package.
WSJ: Walmart (NYSE: WMT) changed top management at its US operations.
WSJ: Cisco (NASDAQ: CSCO) plans a tablet PC.
WSJ: The Amazon.com Inc. (NASDAQ: AMZN) website was hit by technical problems.
WSJ: GM argued its future is bright with new cars and improved sales outside the US.
NYT: Nations betting that the private sector will make up for government stimulus may be wrong.
NYT: Documents show that regulators left banks off the hook in the AIG bailout.
NYT: Circuit breakers stopped a drop in shares of Citigroup Inc. (NYSE: C)
NYT: Google, Inc (NASDAQ: GOOG) will help many small bookstores sell on the web.
NYT: Macy’s (NYSE: M) will sell a line of clothes designed by Madonna.
FT: Problems at banks could derail the global recovery.
FT: Worries about bank problems in Europe drove the euro to its lowest value against the yen in eight years.
FT: Anadarko approved well designs for many BP rigs.
FT: The debt crisis is hurting M&A activity.
FT: The US blocked Chinese fiber optics companies from doing business due to security concerns.
Bloomberg: Google’s fate in China will be determined by a renewal of its license to do business there.
Bloomberg: Verizon Wireless will start to sell the Apple Inc (NASDAQ: AAPL) iPhone in January, according to rumors.
Douglas A. McIntyre
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