Media Digest 2/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   The $15 billion jobs bill advanced in the Senate.

Reuters:   Toyota (NYSE:TM) faces a US criminal probe.

Reuters:   KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share of CICC.

Reuters:   Wal-Mart (NYSE:WMT) bought Vudu to move into web movies.

WSJ:   Brookfield Asset Management will compete with Simon Properties to buy General Growth.

WSJ:   Support for
CEO Akio Toyoda has fallen within Toyota.

WSJ:   The Senate advanced a $15 billion jobs bill.

WSJ:   Google (NASDAQ:GOOG) will have discussions with China about its future in the country.

WSJ:   The new Obama healthcare plan will cost $950 billion.

WSJ:   Federal judge Rakoff backed a settlement between Bank of America (NYSE:BAC) and the SEC.

WSJ:   Amazon (NASDAQ:AMZN) will license some Microsoft (NASDAQ:MSFT) open source software for the Kindle.

WSJ:   Intel (NASDAQ:INTC) will start a $2 billion software fund.

WSJ:   Small businesses object to the Obama healthcare plan because it adds to their costs.

WSJ:   The economy is moving up at about its historical average which will not undo the recession’s effects.

WSJ:   India is aggressively pursuing oil and gas reserves outside it borders.

WSJ:   Net income at Nordstom (NYSE:JWN) rose sharply

WSJ:   The Treasury will sell $31 billion in notes today.

WSJ:   A drop in value in used Toyotas could hurt its financing business.

NYT:   Ties between Toyota and US lawmakers will raise questions about inquiries into the car company’s actions.

NYT:   Banks are fighting back as overdraft fees drop due to government mandates.

NYT:   Apple (NASDAQ:AAPL) is banning some sexual content from the iPhone.

NYT:   The head of the San Fransisco Fed said jobs will recover slowly.

NYT:   BrightSource Energy, which is building a large solar facility, will get US help.

FT:   A federal grand jury has subpoenaed Toyota records.

FT:   A Goldman Sachs (NYSE:GS) executive said regulatory standards for swaps with Greece should have been higher.

Bloomberg:   Berkshire Hathaway’s (NYSE:BRK-B) dropped to a 17-month low.

Bloomberg:   Harvard economist Rogoff predicted defaults on sovereign debt

Bloomberg:   Some Toyota supported say that the attacks on the car company are often based on self-interest.

Douglas A. McIntyre

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