Media Digest (3/8/2011) Reuters, WSJ, NYT, FT, Bloomberg

Kuwait says OPEC may increase output (Reuters)

Carl Icahn may sell Federal-Mogul (Reuters)

China halted high reserve requirements for several banks (Reuters)

The euro approached multi-month highs (Reuters)

Sharp aims to increase its TV sales by 10% in its 2011/2012 fiscal (Reuters)

Web start-ups are trying to limit trading in their shares (Reuters)

Consumer Reports and the Transportation Department said 30% of young people text while driving (Reuters)

Barnes & Noble (NYSE: BKS) attempt to find a buyer has failed (Reuters)

Hackers have attacked a number of apps for Android pushing Google (NASDAQ: GOOG) to improve security of its store (WSJ)

KKR and TPG may resolve their troubled ownership of TXU (WSJ)

China said it would try to increase imports (WSJ)

Starbucks (NASDAQ: SBUX) will offer instant coffee servings in China (WSJ)

Consumer credit card use fell in January according to the government (WSJ)

Western Digital and the Hitachi hard drive business will merge (WSJ)

Two Chinese carriers will buy the new 747 and Dreamliners from Boeing (NYSE: BA) (WSJ)

Apparel retailers will try to raise prices to offset costs of materials but the attempt may fail (WSJ)

Google bought Next New Networks to create more premium content for YouTube in the hope of increasing profits at the huge video site (WSJ)

The interest rate on the national debt will approach $1 trillion in 10 tears (WSJ)

State attorney generals worked to get an agreement with banks over improper foreclosure practices (WSJ)

Hackers broke into France’s servers which hand economic policy (WSJ)

A judge granted an injunction over a fine levied on Chevron (NYSE: CVX) for environmental violations in Ecuador (WSJ)

BP (NYSE: BP) will keep its assets in Algeria (WSJ)

Dunkin Donuts will increase its presence n China. (WSJ)

Subway has passed McDonald’s (NYSE: MCD) as the largest restaurant china by outlets (WSJ)

Skype will start to sell ads to be seen by its subscribers (WSJ)

United Continental will slow growth plans as jet fuel prices rise (WSJ)

Morgan Stanley (NYSE: MS) will kill the “Smith Barney” brand (WSJ)

American Air (NYSE: AMR) will raise money as jet fuel prices soar (WSJ)

The Fed will soon write rules for debt card fees (NYT)

The NYSE (NYSE: NYX) and Nasdaq are taking customers from one another (NYT)

Poor record keeping at the Energy Department made it hard to track $71 billion in loan guarantees (NYT)

OPEC nations are raising oil production (FT)

Investors are betting on whether the ECB will raise interest rates (FT)

The Ivory Coast may nationalize cocoa production (Bloomberg)

Fitch says China faces a 60% change of a bank crisis by 2013 (Bloomberg)

Fed members indicated that there may be no push to buy bonds any longer (Bloomberg)

Douglas A. McIntyre