Media Digest (6/16/2011) Reuters, WSJ, NYT, FT, Bloomberg

Hackers attacked the CIA website. (Reuters)

Citigroup (NYSE: C) said data on 360,000 customers was stolen nearly a month ago. (Reuters)

Greek debt and concerns about economic slowdown hurt stock prices worldwide. (Reuters)

Key politicians have put July 1 as a deadline to reach accord on an increase in the US debt cap.

Shares in Pandora dropped below their offer price as worries about profitability took hold. (Reuters)

Borders may get money it needs to keep its stores open. (Reuters)

The head of OPEC says he fears low production will cause a rise in prices. (Reuters)

John Paulson’s hedge fund value has been driven down as the economy has faltered. (WSJ)

The head of Greece said he would  resign if the action would help resolve debt and finance issues. (WSJ)

Banks have made a push to lighten regulations just before an accord that would restrict their activities begins. (WSJ)

The price of the Prada IPO may be lower than the company expected earlier. (WSJ)

Johnson & Johnson (NYSE: JNJ) quits the coated stent business. (WSJ)

Ford (NYSE: F) said its profits would be below forecasts. (WSJ)

Hewlett-Packard (NYSE: HPQ) sued Oracle (NASDAQ: ORCL) over unfair use of servers software. (WSJ)

Core consumer prices in the US rose more than they have in five years. (WSJ)

More consumers are worried about the economy largely due to high gas prices, according to a WSJ/ABC pol.l (WSJ)

Research In Motion (NASDAQ: RIMM) will report earnings which should indicate sales of its Playbook tablet. (WSJ)

Boeing (NYSE: BA) and its major union have settled a  dispute over factory jobs. (WSJ)

ADP said one of its data systems may have been hacked. (WSJ)

Honda (NYSE: HMC) will offer incentives for people to buy some of its models, even if they are out of stock. (WSJ)

Acer lowered sales forecasts for its  tablets. (WSJ)

Changes to accounting rules on how companies recognized revenue have been delayed. (WSJ)

The number of alleged violations against hedge fund SAC has risen. (WSJ)

China was a net buyer of Treasuries in April. (WSJ)

Contagion caused by the  problems in Greece has already moved to securities of other nations. (WSJ)

States are seeking more money from workers as pension troubles rise. (NYT)

The new head of JC Penney (NYSE: JCP), formerly of Apple (NASDAQ: AAPL), will expand the retailers reach into businesses where others have failed.(NYT)

The premier of Greece will name a new cabinet. (FT)

The Fed probably will not ease more because of inflation. (FT)

JP Morgan (NYSE: JPM) has lobbied vigorously against new bank capital rules. (FT)

The ECB said the greatest risk of a Greek default is how it may affect the balance sheets of European banks. (Bloomberg)

Senior bondholders in Ireland banks may be forced to have their debt restructured. (Bloomberg)

India raised rates for the 10th time since 2010. (Bloomberg)

Senator Schumer will bring back a bill to force China to increase the value of its currency. (Bloomberg)

Douglas A. McIntyre