Media
Media Digest 5/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
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Reuters: Auto dealers will not be subject to new financial regulations.
Reuters: The FCC said AT&T Inc. (NYSE: T) could buy assets from Verizon Communications Inc. (NYSE: VZ).
Reuters: Firm iFixit says the Apple Inc (NASDAQ: AAPL) iPhone 4 has chips from Samsung, ST Microelectronics, and Micron Technologies (NYSE: MU).
Reuters: BA has set a deal on pension funds to clear the way for its merger with Iberia.WSJ: The plan for a bank tax to cover future financial meltdowns is gaining among G20 nations.
WSJ: Investors are buying homes in Las Vegas and Phoenix.
WSJ: The outlook for home prices got worse.
WSJ: Lockheed won another large defense contract.
WSJ: The recession has kept people in cities according to the Census Bureau
WSJ: A Honda Motors (NYSE: HMC) plant in China shut down again because of a strike.
WSJ: The head of Nissan made nearly $10 million last year.
WSJ: A judge overturned a ban on deepwater drilling.
WSJ: US travel spending was up in Q1, according to the Commerce Department.
WSJ: Walt Disney (NYSE: DIS) will begin to build luxury homes in Florida.
WSJ: The Administration set up inter-agency programs to combat online hacking.
WSJ: GM will set up a unit in South America.
WSJ: Procter & Gamble (NYSE: PG) will increase its business operations in India.
NYT: Robert Dudley of BP plc (NYSE: BP) will take over the company’s work on the Gulf spill.
NYT: Banks have paid back 75% of the government’s investment, according to Geithner’s testimony to the Congressional Oversight Panel
NYT: The UAW is challenging Toyota (NYSE: TM) labor practices.
FT: Petrobras will postpone its $25 billion IPO.
Bloomberg: Bernanke says the US economy could be helped by a stronger yen.
Bloomberg: Trading volatility in Research In Motion (NASDAQ: RIMM) has increased due to threats from Apple and Android.
Douglas A. McIntyre
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