Media Digest 1/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: January 20, 2010 at 3:42 am

Reuters: Obama said he will not let companies who owe the US taxes to bid for government work.

Reuters: Republican Scott Brown won the Senate race in Massachusetts putting the Obama healthcare proposal at risk.

Reuters: The government made banks pay more than the face value for warrants which it received as part of the TARP funding.

Reuters: China is putting a brake on bank lending.

Reuters: Unemployment will be high in many cities through 2013.

Reuters: The Fed defended its actions in the AIG (NYSE:AIG) rescue and said it welcomes an inquiry.

Reuters: IBM (NYSE:IBM) raised guidance but investors remained concerned.

Reuters: Schwab (NASDAQ:SCHW) and TD Ameritrade (NASDAQ:AMTD) posted low earnings and asked investors to be patient as interest rates rise and traders come back into the market.

WSJ: AIG (NYSE:AIG) is close to selling one of its units to MetLife (NYSE:MET) for $14 billion to $15 billion, which would give the New York Fed $9 billion to pay back loans.

WSJ: Google (NASDAQ:GOOG) delayed the launch of its handsets in China.

WSJ: Toyota (NYSE:TM) is seeking lithium to supply its electric engines.

WSJ: Chevron (NYSE:CVX) will cut refining jobs.

WSJ: Baidu (NASDAQ:BIDU) faulted Register.com for some of the hacking of the Chinese company’s systems

WSJ: Chinese homegrown movies are starting to win away consumers of Western films.

WSJ: Homebuilders say they expect a building recovery this year.

WSJ: Hershey (NYSE:HSY) has limited options to operate on its own.

WSJ: Omega 3 fatty acids have been linked to longevity.

WSJ: Banks are being forced to put more money into faltering real estate projects or shut them down.

NYT: When children are awake, they are usually online.

NYT: Sony (NYSE:SNE) delayed the launch of its motion controller until fall.

NYT: The Senate is considering dropping the consumer protection agency.