Media Digest (4/28/2011) Reuters, WSJ, NYT, FT, Bloomberg

Many experts believe the Federal Reserve will keep interest rates near zero until the end of the year (Reuters)

Berkshire Hathaway (NYSE: BRK.B) says Sokol deceived the company and may have violated securities laws (Reuters)

The IMF said that rapidly growing nations in Asia needed to raise rates so that they do not overheat (Reuters)

Low gas inventories drove crude higher (Reuters)

Apple (NASDAQ: AAPL) said it does not track iPhone customers (Reuters)

Verizon Wireless has a 4G outage on its wireless system which it has not fixed (Reuters)

Samsung released a new version of its Galaxy tablet (Reuters)

Ebay (NASDAQ: EBAY) offered a strong forecast for future quarters (Reuters)

Some Facebook investors would like to sell about $1 billion in stock at a $70 billion valuation (Reuters)

Exelon is close to a $7.7 deal to buy Constellation (Reuters)

NYSE Euronext (NYSE: NYX) has agreed to accept an M&A deal from Deutsche Boerse (Reuters)

The Bank of Japan sharply cuts its growth forecast (WSJ)

Baidu’s (NASDAQ: BIDU) growth was unexpectedly strong (WSJ)

The Energy Department says US drivers have cut back on trips (WSJ)

BP plc (NYSE BP) plans to resume drilling in the Gulf of Mexico this year (WSJ)

Wal-Mart (NYSE: WMT) says its customers face a rise in financial pressure (WSJ)

Sony’s (NYSE: SNE) plan for a large network have been undermined by a hack of its Playstation Network (WSJ)

Comcast (NASDAQ: CMCSA) has added to its VOD offerings (WSJ)

ADP says small businesses have begun to add jobs (WSJ)

The Russel 2000 hit an all-time record (WSJ)

Procter & Gamble (NYSE: PG) and Colgate (NYSE: CL) are likely to say they will have to raise prices in the face of slow consumer expenditures (WSJ)

The CFTC will extend the deadline for comments on derivative trade practices (WSJ)

Chrysler will probably sell bonds to eliminate its debt to the US (NYT)

Regulators may set rules to make large derivative firms to increase capital reserves (NYT)

The head of Boeing (NYSE: BA) said flaws in a 737 appear to be limited to the rivet placement on one plane (NYT)

NYSE holders encouraged it to consider a bid from Nasdaq (NYSE: NDAQ) and ICE (FT)

Japanese production fell 15.3% from February to Mach (FT)

Apple may face investigations by the EU into how it collected data (Bloomberg)

China’s new census showed people who are older and have migrated to cities (Bloomberg)

UK consumer confidence dropped to lows not seen since 2009 (Bloomberg)

Douglas A. McIntyre