Media
Media Digest (6/20/2011) Reuters, WSJ, NYT, FT, Bloomberg
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Euro-zone financial ministers said they would delay a new installment payment to Greece until it was clear that the nation had adopted new austerity measures. (Reuters)
ICANN, the global domain name company, will release plans the will expand URLs to include web addresses that end in terms like “apple.” (Reuters)
Sega Sammy shares rose after its Sega system was hacked. (Reuters)
PNC will buy RBC for $3.45 billion. (Reuters)
Borders will name its new bidder on July 1. (Reuters)
Softbank, a shareholder in Alibaba, expects to reach an deal for payments due to the spin-off of Alipay. (Reuters)
The New York Fed and Comptroller of the Currency have put more regulators in the offices of big banks to prevent more credit problem.s (WSJ)
Florida banks have started to lend again. (WSJ)
More energy firms will begin to disclose “fracking” actions. (WSJ)
Ford (NYSE: F) will spend $1 billion to upgrade Lincoln and launch seven new brands. (WSJ)
Giving USA said donations to charities rose last year. (WSJ)
The UK may privatize some of its administrative services. (WSJ)
Russia will lower holdings of US debt. (WSJ)
Japan had a large trade deficit in May. (WSJ)
Boeing (NYSE: BA) will increase is cyber-protection business. (WSJ)
The US government will maintain its position in the mortgage market indefinitely.(WSJ)
The Paris airshow will favor announcements from Airbus over those from Boeing (NYSE: BA). (WSJ)
GM (NYSE: GM) will price a new small car at about the same level as comparable imports. (WSJ)
Some current features on smartphone may allow people to check out merchandise at retailers. (WSJ)
Cable network ad dollars have begun to catch up with those of broadcast TV. (WSJ)
A Mercer LLC survey shows people will stay in jobs even when they are unhappy because work is still scarce ,(WSJ)
China companies have put more money into Argentina. (WSJ)
Energy companies Stewart & Stevenson and KiOr will have IPOs this week. (WSJ)
Companies with cash overseas want preferred tax treatment if the money is returned to the US. (NYT)
Many employees at tech start ups have sold large numbers of shares to take advantage of the surge in valuations. (NYT)
IHS Global Insight says many cities will see a rise in employment for years. (NYT)
China has stockpiled rare earth metals which may raise prices. (FT)
US budget talks have hit a period in which they are up against a potential Congressional approval before August 2. (FT)
Apple (NASDAQ: AAPL) iPhone games may hurt Nintendo. (Bloomberg)
Concern about growth and the future of local banks has dropped China markets to a 9 month low. (Bloomberg)
Douglas A. McIntyre
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