Media Digest 1/12/2010 Reuters, WSJ, NYT, FT, Bloomberg

Goldman Sachs Group (NYSE: GS) will increase financial disclosure but the firm will do little else to change its business practices. (Reuters)

A few economists believe the Fed could run out of money. (Reuters)

The American Bankers Association said consumer debt is still too high. (Reuters)

China wants confirmation that the value of US sovereign debt is safe. (Reuters)

AIG (NYSE: AIG) will sell its Taiwan unit for $2.2 billion. (Reuters)

Investors may not be taking the threat of inflation seriously enough. (Reuters)

Brent crude moved toward $98 on concerns about supply. (Reuters)

The head of AMD (NYSE: AMD) was pushed out because he was not aggressive enough about the company’s mobile plans. (Reuters)

The Consumer Products Safety Commission will launch a site on which people can track product complaints. (Reuters)

Airbus got a $15.6 billion order from IndiGo. (Reuters)

The Bank of China will allow American investors to trade the yuan. It may help the yuan to become an international  currency for global trade.  (WSJ)

EU nations may increase the amount of the region’s bailout fund. (WSJ)

The US Import-Export bank will help developing nations to buy US  goods. The move is a challenge to China’s inexpensive financing system. (WSJ)

Inflation may hurt emerging markets in Asia. (WSJ)

McDonald’s (NYSE: MCD) is making a big push into Japan. (WSJ)

Advertisers believe that some aspects of Google (NASDAQ: GOOG) AdWords has cause them to overpay. (WSJ)

Illinois passed a large income tax increase. (WSJ)

The Equal Employment Opportunity Commission said bias charges hit a record last year. (WSJ)

Bernanke has support from Fed governors to keep up its $600 billion bond buying program. (WSJ)

Loans by Chinese banks topped their target. (WSJ)

Tenet Heath continued to make a case against a buyout by Community Health. (WSJ)

Fiat may buy VW’s truck making interests. (WSJ)

Zale’s and Tiffany (NYSE: TIF) sales show jewelry sales were strong during the holidays. (WSJ)

Investment bankers have taken the lead in revenue generation at Goldman, moving ahead of traders. (WSJ)

Charles Schwab will pay a $119 million settlement over charges about the YieldPlus ultrashort bond fund. (WSJ)

Mortgage bond holders have increased their influence over the eventual fate of foreclosures by banks. (WSJ)

Martha Stewart  (NYSE: MSO) and KB Home (NYSE: KBH) have begun to work on “green” homes. (WSJ)

China inflation will begin to impact the price of export from the People’s Republic to the US. (NYT)

The Trans Alaska Pipeline is about to reopen. (NYT)

The oil industry criticized a White House report which called for more regulation of the safety of deepwater drilling. (FT)

A new Senate report will attack Goldman’s business practices and the effects they had on the credit markets. (FT)

Japan said it would buy more eurobonds. (FT)

EU leaders will seek a comprehensive solution to the debt crisis according to one senior EU official. (Bloomberg)

Germany’s economy grew at its fast rate in twenty years in 2010. (Bloomberg)

It took years for Apple (NASDAQ: AAPL) and Verizon (NYSE: VZ) to set terms of their iPhone deal. (Bloomberg)

Douglas A. McIntyre