Media Digest (8/25/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: August 25, 2010 4:04 am

Last Updated: August 25, 2010 6:00 am

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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