Media

Media Digest (3/8/2012) Reuters, WSJ, NYT, FT, Marketwatch

The CEO of Chrysler said he took no pay in 2011 and that, based on financial results, the company is now worth $7.5 billion. (Reuters)

The Treasury will sell $6 billion of AIG (NYSE: AIG) stock to exit its holdings completely. (Reuters)

The Apple (NASDAQ: AAPL) iPad adds enough new features to allow it to fend off most competition. (Reuters)

Toyota (NYSE: TM) recalls 681,000 cars and light trucks in the U.S. (Reuters)

The Justice Department may sue Apple and publishers over e-book pricing. (WSJ)

The U.S.-China Economic and Security Review Commission warns of a major cyberattack by the People’s Republic. (WSJ)

Greece nears to a bond swap with private investors. (WSJ)

Air France/KLM warns on its 2012 results. (WSJ)

AMR says it will not dissolve its pension plan. (WSJ)

Consumer borrowing rises in January, according to the Fed. (WSJ)

ADP says the private sector added 216,000 jobs. (WSJ)

Novartis (NYSE: NVS) tries to buy Pfizer’s (NYSE: PFE) animal health business for $16 billion, but the bid is rejected. (WSJ)

The Fed may set a bond-buying program to offset inflation if the economy grows. (WSJ)

Natural gas prices reach a 10-year low. (WSJ)

The cost of sequencing the human genome falls, which may help in the treatment of a number of diseases. (NYT)

China offers loans to BRIC nations as a way to help spread the use of the yuan. (FT)

Japan posts a record trade deficit for February. (MarketWatch)

Douglas A. McIntyre

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