Media Digest (3/27/2013) Reuters, WSJ, NY Times, FT
March 27, 2013 by Douglas A. McIntyre
Citigroup Inc. (NYSE: C) may cuts its cash position to $35 billion to redeem expensive debt. (Reuters)
Battery problems with the Boeing Co. (NYSE: BA) 787 could prompt regulators to cut the distance that the plane is allowed to fly. (Reuters)
Wal-Mart Stores Inc. (NYSE: WMT) will fill more of its Internet orders in stores to speed products to customers. (Reuters)
Railroads investing in their infrastructure make the mode of transportation more important to the U.S. economy. (WSJ)
Berkshire Hathaway Inc. (NYSE: BRK-B) converts a bond stake into a large equity holding in Goldman Sachs Group Inc. (NYSE: GS). (WSJ)
Oracle Corp. (NASDAQ: ORCL) will launch a new line of servers. (WSJ)
T-Mobile to begin to sell the Apple Inc. (NASDAQ: AAPL) iPhone 5 next month. (WSJ)
China will allow fuel prices to rise, which could hurt consumer and business spending. (WSJ)
CBS Corp. (NYSE: CBS) buys half of the TV Guide Network. (WSJ)
Royal Dutch Shell PLC (NYSE: RDS-A) will begin a shale gas joint venture in China. (WSJ)
Mall owners are worried that J.C. Penney Co. Inc. (NYSE: JCP) will close a number of its stores. (WSJ)
J.P. Morgan Chase & Co. (NYSE: JPM) faces investigations from a number of regulators. (NYT)
The number of nations with AAA status drops 60% since the start of the financial crisis. (FT)
Facebook Inc. (NASDAQ: FB) to sell ads linked to user behavior at other websites. (FT)
Regulators take action against Citigroup over money laundering charges. (FT)
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