Media
Media Digest (8/25/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: BHP Billiton (NYSE: BHP) reported strong profits and now faces questions from its investors about Potash (NYSE: POT)
Reuters: Global economic problems will shadow a big Fed meeting.
Reuters: FEMA sees progress five years after Katrina.
Reuters: Yahoo! (NASDAQ: YHOO) said that Microsoft (NASDAQ: MSFT) Bing has begun to power its search function.
Reuters: Apple (NASDAQ: AAPL) is in talks with media companies about renting their shows.
Reuters: Dell (NASDAQ: DELL) will sell its new smartphone for $100.
Reuters: American International Group (NYSE: AIG) will consider the sale of its AIA unit before an IPO.
WSJ: The Bank of Japan may take action to bring down the value of the yen.
WSJ: The commercial property default rate is rising.
WSJ: The head of the FASB retired.
WSJ: Walt Disney (NYSE: DIS) is near an iTunes deal with Apple.
WSJ: AMR (NYSE AMR) mechanics rejected a labor proposal.
WSJ: Amazon.com (NASDAQ: AMZN) lost a key e-book deal.
WSJ: Gulf oil may be breaking up sooner than most forecasts.
WSJ: A Canadian export cartel may help determine the fate of Potash.
WSJ: Costco (NASDAQ: COST) is moving into major malls.
WSJ: Bill Gross said a US role in private housing was essential.
NYT: Job losses among Gulf drillers are low.
‘NYT: Time spent on digital devices robs the brain of essential downtime.
NYT: The AARP said brand name drug prices rose 8% last year.
FT: Facebook pre-IPO investors value the company at more than $33 billion.
FT: Activist pension funds will target underperforming US companies.
Bloomberg: Goldman Sachs Group (NYSE: GS) is losing power in corporate finance.
Bloomberg: S&P cut Ireland’s debt rating.
Douglas A. McIntyre
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