Media Digest (10/6/2010) Reuters, WSJ, NYT, FT, Bloomberg

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Reuters:   George Soros says Germany has a deflation problem.

Reuters:   China helped keep the yuan’s value low by giving aid to Greece.

Reuters:   China ignored EU comments about the yuan.

Reuters:   Congress wants investigations into foreclosures.

Reuters:   Retail experts believe holiday sales will be relatively good.

Reuters:   Gold and oil both rose.

Reuters:   Motorola (NYSE: MOT) a
nd Verizon Wireless will sell phones aimed at business.

Reuters:   Google (NASDAQ:  GOOG) denied Android copyright claims by Oracle (NASDAQ: ORCL).

Reuters:   Johnson & Johnson (NYSE: JNJ) will continue its quest to buy Crucell.

Reuters:   GE (NYSE: GE) said Wellstream rejected its $1.2 billion bid.

WSJ:   Central banks are aggressively at work on programs to stimulate their local economies.

WSJ:   Holiday sales will be based heavily on discounts, according to  The National Retail Federation.

WSJ:   The US changed crash tests to make it harder to get the highest five star rating.

WSJ:   Toyota Motor (NYSE: TM) will offer rebates for its Lexus cars.

WSJ:   NPD Group and Gartner say laptop sales have been hurt by tablet sales.

WSJ:   Time Warner (NYSE: TWX) has turned to Google to distribute content across the web.

WSJ:   USA Today cut 35 newsroom jobs.

WSJ:   GM will build a compact car under the Buick brand.

WSJ:   Motorola said it is open to running Microsoft (NASDAQ: MSFT) mobile software on its smartphones.

WSJ:   A number of retailers set up a program to compete with Amazon.com (NASDAQ: AMZN).

WSJ:  The IMF meeting will likely focus on to curb currency valuation increases in Asian and Latin America.

WSJ:   The EU may make it harder for China telecom equipment makers to do business in the region.

WSJ:   Novartis said discontinued drugs will damage its sales.

WSJ:   Yum Brands (NYSE: YUM) said profits rose on sales in China.

WSJ:   Qualcomm (NYSE: QCOM) stopped sales of mobile video devices.

WSJ:   The ILFC aircraft lease unit of American International Group (NYSE: AIG) may be spun off.

WSJ:   Reis Inc said rent prices moved up in the third quarter.

NYT:   The National Retail Federation said holiday retail job increases will be low.

NYT:   The federal government says the bailout costs are $29 billion.

FT:   The IMF said its was concerned about currency wars.

FT:   Wall St. said banks earnings will drop.

FT:   Republicans plan to dismantle health care reform

Bloomberg:   VW will sell more mid-sized vehicles in China.

Bloomberg:   Wall St says women workers are not worth as much as men.

Douglas A. McIntyre

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