Media Digest 9/7/2010 Reuters, WSJ, NYT, FT, Bloomberg: Hurd Joins Oracle

Reuters:   Mark Hurd, former CEO of Hewlett-Packard (NYSE: HPQ), joined Oracle (NASDAQ: ORCL) as co-president.

Reuters:   The Justice Department is looking into the Google Inc. (NASDAQ: GOOG) deal to buy ITA Software.

Reuters:   Barclays plc named Bob Diamond as CEO.

Reuters:   Economists say a strong yuan could hurt China.

WSJ:   Stress tests of some European banks did not take into account their holdings of sovereign debt.

WSJ:   Hon Hai is working to get lower labor costs in China.

WSJ:   Businesses in developing nations including China, Taiwan, India, and Brazil plan to aggressively hire new workers this year, according to Manpower

WSJ:   Toshiba will release its new table PC.

WSJ:   Obama unveiled a new plan to invest $50 billion in infrastructure.

WSJ:   The head of Walt Disney’s (NYSE: DIS) ABC News will retire.

WSJ:   Brazil’s Vale, a large ore producer, has begun to target the fertilizer business.

WSJ:   Samsung may invest $26 billion in growth next year.

WSJ:   Air Products & Chemicals raised its bid for Airgas.

WSJ:   GM will face questions about Opel when it launches its IPO.

WSJ:   The dollar is under pressure because the economy has improved slightly.

WSJ:   The ECB will have trouble as it tries to balance German growth against Greece’s problems.

NYT:   The tech sector has sharply curtailed adding new workers.

NYT:   There are 161 companies that want to raise $56 billion through IPOs, according  to research by Renaissance Capital.

FT:   Consumer finance companies are once again able to tap capital markets.

Bloomberg:   BMW will push new models to stay competitive  with Audi and Mercedes.

Bloomberg:   The head of the IMF sees modest global recovery.

Bloomberg:   Samsung may use Google Inc.’s (NASDAQ: GOOG) Android operating system in some TVs.