Media Digest 9/8/2010 Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   Japan’s plan to intervene in yen trading has not moved the currency lower.

Reuters:   Oil dropped as investor moved away from risk

Reuters:   Hewlett-Packard (NYSE: HPQ) sued to keep Mark Hurd from joining Oracle (NASDAQ: ORCL).

Reuters:   Google Inc. (NASDAQ: GOOG) will start its TV service in the US this year.

Reuters:   Sinochem has approached Temasek about a bid for Potash (NYSE: POT)

Reuters:   Dana turned down a KNOC offer to buy the company.

WSJ:   Insurers will raise rates on some people to offset the costs of healthcare reform.

WSJ:   Unilever believes that it can use algae in some of its foods.

WSJ:   US companies with business abroad have flourished. Those focused on sales in the US have not.

WSJ:   The SEC has examined “quote stuffing” as a part of its investigation into the “flash crash”. The practice may be fraudulent.

WSJ:   The BP plc (NYSE: BP) report on the Deepwater Horizon will assign some of the blame for the catastrophe on itself but plenty on other companies.

WSJ:   Web privacy firms are challenged to raise money.

WSJ:   China bought more Japanese bonds in July.

WSJ:   The price of the yen has raised the cost of some luxury goods in other markets, but lowered them in Japan.

WSJ:   Connecticut has pressured Craigslist on prostitution ads.

WSJ:   A new increase in Europe debt drove the euro down.

WSJ:   The head of HSBC (NYSE: HBC) took a government job and the bank has  scrambled to find a replacement.

WSJ:   The Obama stimulus bill will have trouble as it goes into Congress.

WSJ:   General Growth Properties will search for a new CEO.

WSJ:   Bristol-Myers Squibb (NYSE: BMY) will buy biotech firm ZymoGenetic for $375 million.

WSJ:   A federal court upheld an earlier decision that could delay the production of some generic drugs.

WSJ:   LCD panel prices have dropped.

WSJ:   Infosys said it has seen no drop in demand.

WSJ:   Vodafone (NYSE: VOD) will sell its stake in China Mobile (NYSE: CHL)

WSJ:   The drop in newspaper advertising slowed to 5.6% in the second quarter.

WSJ:   Gold hit a new peak.

WSJ:   Ireland extended more guarantees to its banks.

NYT:   Amazon.com (NASDAQ: AMZN) has tried to get its sellers to make packages easier to open.

NYT:   Consumer Reports has begun to rank surgeons.

FT:   Obama will push $200 billion in tax write-offs for new investment.

FT:   China says it will treat foreign investors fairly.

Bloomberg:   Greece has still not revealed details of how it hid some of its debt.

Bloomberg:   Nokia (NYSE: NOK) will show a new phone in the hopes it can compete with Apple Inc (NYSE: AAPL) and Research In Motion (NASDAQ: RIMM).

Bloomberg:   A finance professor at Notre Dame says the the S&P 500 has beat the increase in IPOs in the last quarter

Douglas A. McIntyre