Media
Media Digest (1/19/2011) Reuters, WSJ, NYT, FT, Bloomberg
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Obama and China president Hu Jintao are likely to clash on economic issues. (Reuters)
The American Chamber of Commerce in Shanghai said regulations which are not enforced are the largest problem in the People’s Republic. (Reuters)
Cargill will spin out its interest in Mosaic (NYSE: MO) which should net the parent $24 billion. (Reuters)
Comcast (NASDAQ: CMCSA) won approval to take the controlling interest in NBCU from GE (NYSE: GE). (Reuters)
The euro hit a one-month high as concerns about sovereign financial there eased. (Reuters)
Crude traded above $92 a barrel. (Reuters)
Apple (NASDAQ: AAPL) earnings blew past forecasts. (Reuters)
Google’s (NASDAQ: GOOG) investors will consider its businesses beyond its core search function. (Reuters)
Goldman Sachs Group (NYSE: GS) forced to change its syndication of Facebook, may be losing its ability to compete with rivals due to government regulation. (Reuters)
Two people were charged with hacking into the AT&T (NYSE: T) to exploit weaknesses in the Apple iPad. (Reuters)
Bank of America (NYSE: BAC), Deutsche Bank, Goldman Sachs Group, and JP Morgan (NYSE: JPM) will handle the sales of the government’s stake in AIG (NYSE: AIG). (Reuters)
Green energy is an important business tie between the US and China. (Reuters)
US factories have begun to add jobs for the first time in years according to IHS Global Insight and Moody’s Analytics. (WSJ)
Angry American clients have voiced displeasure to Goldman Sachs Group (NYSE: GS) because they cannot buy shares in Facebook. (WSJ)
John Havens will become the new CEO of Citigroup (NYSE: C). (WSJ)
IBM (NYSE: IBM) posted strong earnings. (WSJ)
Boeing (NYSE: BA) once again delay the launch of the 787. (WSJ)
Chevron (NYSE: CVX) will speed its natural gas program in the Gulf of Thailand to satisfy the region’s demand for clean energy. (WSJ)
Sprint-Nextel (NYSE: S) will raise subscriber fees for smartphone users. (WSJ)
The National Association of Home Builders said builders are still pessimistic about their prospects. (WSJ)
Foreign investment in China rose 17% in 2010 to $105.7 billion according to China’s Commerce Ministry. (WSJ)
American Airlines (NYSE: AMR) set a new online travel pact with Priceline (NASDAQ: PCLN). (WSJ)
EMC (NYSE: EMC) will expand into data storage. (WSJ)
Media News and Freedom Communications may merge some of their newspaper operations. (WSJ)
Dow Jones will launch a foreign exchange business. (WSJ)
The International Energy Commission said the need for crude has increased. (WSJ)
A new study show a great deal of compensation among Goldman Sachs Groups’ 475 partners. (NYT)
The Financial Stability Oversight Council has started to announce regulations based on Dodd-Frank. (NYT)
The SEC may have to live with a small budget. (FT)
GE (NYSE: GE) will announce $4 billion worth of new initiatives in China. (FT)
Saudi Arabia has quietly increase production to keep oil prices down. (FT)
The ECB says it is not likely to raise rates, a reversal of earlier plans. (Bloomberg)
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