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