Media Digest 9/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   A dispute over tires is making trade talks among G20 nations difficult.

Reuters:   Bank of America (BAC) will give Congress documents about Merrill.

Reuters:   Th G20 is looking at ways to rebalance the world’s economy.

Reuters:   China and the US are trying to improve UN climate talks.

Reuters:   The recession is pulling US senior citizens back to work.

Reuters:   The Fed will
point to economic improvement and may start to back away from some stimulus.

Reuters:   Moody’s (MCO) was accused of issuing inflated ratings.

Reuters:   Asia is preparing for more risk management after being hurt by the credit crisis.

Reuters:   Yahoo! (YHOO) sees growth in Asia and is comitted to Alibaba.com.

Reuters:   The non-residential building index is at a three month low.

Reuters:   The rise of the Chinese consumers is already showing up online.

Reuters:   Bank of America (BAC) cut overdraft fees.

WSJ:   Ford (F) is pushing harder to develop business in Asia.

WSJ:   AIG (AIG) made day traders a great deal of money.

WSJ;   Holiday jobs will be hard to find as retailers turn negative on year-end sales.

WSJ:   Japan Air is considering a break-up of the company.

WSJ:   Delays in foreclosure sales may be hurting the housing market.

WSJ:   Geithner is pushing programs for growth.

WSJ:   A shift in accounting practices should help some tech firms.

WSJ:   IBM (IBM) is marketing low cost computer software in Africa.

WSJ:   South Korea will allow Apple (AAPL) iPhone sales.

WSJ:   China cited “morals” as part of a WTO appeal to a case allowing more entertainment content to go into the nation

WSJ:   PC makers are trying to pick up sales in rural China.

WSJ:   Only half of Madoff’s investors showed losses.

WSJ:   Lowe’s (LOW) is scaling back expansion.

WSJ:   The TV is shaping up as a key battleground for the Internet.

WSJ:   Intel (INTC) is looking beyond the computer market.

WSJ:   The IMF may become a policy watchdog.

WSJ:   Ten investors will submit bids for $5 billion in condo loans that were held by Corus.

WSJ:   California is doing well selling $8.8 billion in debt.

WSJ:   Citigroup (C) is preparing to run with much less government debt.

WSJ:   Intel (INTC) say the market for PCs is getting stable.

WSJ:   Yahoo! (YHOO) has set an ad campaign to bring back web users.

NYT:   EU antitrust officials would like to close a case with Microsoft (MSFT).

NYT:   Labor is rekindling its push for a better trade agenda with help from the Administration.

NYT:   A report says that human welfare should be much more important in rescuing the economy.

NYT:   HP’s (HPQ) bet on EDS seems to have been successful.

NYT:   The head of the AFL-CIO told Wall St. it faces pressure if it does not do more to help homeowners and address unemployment.

NYT:   GM will call back 2,400 factory workers.

NYT:   Despite losses many university endowments are still putting money into hedge funds.

NYT:   Best Buy (BBY) and Verizon (VZ) are creating a device to compete with the Amazon (AMZN) Kindle.

NYT:   Big polluters are being told to report emissions.

FT:   China is providing gas to Iran which may break sanctions from other countries.

FT:   China made an energy efficiency pledge.

FT:   Intel (INTC) is working to create an alternative to the Apple (AAPL) App store.

FT:   The Fed is doing more to link Wall St. bonuses to performance.

Bloomberg:   The Fed will probably keep rates near zero.

Douglas A. McIntyre

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