Media Digest (11/22/2010) Reuters, WSJ, NYTimes, FT, Bloomberg
November 22, 2010 by Douglas A. McIntyre
Reuters: EU and the IMF began to work out details of an Ireland bailout. Ireland will finish work on a $20 billion set of budget cuts.
Reuters: China has started to work on programs to keep inflation down.
Reuters: The NABE said a survey showed economists concerned about inflation.
Reuters: The Basel accord will leave banks short $100 billion in equity capital.
Reuters: Investors will watch Black Friday results.
Reuters: Fed minutes will probably show concerns for a long-term period of slow growth.
Reuters: Groupon is in negotiations to sell itself to Google (NASDAQ: GOOG)
Reuters: Genzyme (NASDAQ: GENZ) may work out a deal structure that would allow a purchase by Sanofi-Aventis
WSJ: Problems in China and supply are likely to keep commodity trades volatile.
WSJ: The Fed faces trouble with QE2 because of huge amounts of criticism
WSJ: Big media companies are concerns online video streaming will undermine their businesses.
WSJ: A Merck (NYSE: MRK) drug has been found to help kidney patients.
WSJ: The VW merger with Porsche is closer to completion.
WSJ: Japan’s attempt at quantitative easing presented difficult problems–some of which could not be overcome.
WSJ: Gas prices pushed above $3 on the East and West Coasts as the holidays approach.
WSJ: The EU passed a law which requires internet companies to tell users if they are being tracked with software devices.
WSJ: Harry Potter brought in $125 million.
WSJ: The CEO of Massey is in a battle with directors about the sale or break-up of the company
WSJ: IllyCaffé will challenge Starbucks (NASDAQ: SBUX) as it targets travelers in hotels.
WSJ: Sony-Ericsson may launch a phone that doubles as a portable game console.
WSJ: Kenexa Research Institute found that workers in China and India gave bosses high marks.
WSJ: Derivative regulation may increase the cost of swaps.
NYT: Hackers have begun to change functions on the Microsoft (NASDAQ: MSFT) Kinect.
NYT: Retailers are offering online deals early in the season.
NYT: China has become on of the world’s largest purchasers of oil
FT: Warren Buffett says the wealthy should carry more of the tax burden.
Douglas A. McIntyre
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