Media Digest (4/8/2011) Reuters, WSJ, NYT, FT, Bloomberg
The members of the Federal Reserve are more divided about what steps the central bank should take next to mute inflation and help the expansion. (Reuters) Americans are telling the Fed that…
The members of the Federal Reserve are more divided about what steps the central bank should take next to mute inflation and help the expansion. (Reuters) Americans are telling the Fed that…
Comscore reports that Apple (NASDAQ: AAPL) had 66.7 million unique visitors to its website in February. That is more than The New York Times (NYSE: NYT) digital properties or eBay (NASDAQ: EBAY)…
Goldman Sachs Group (NYSE: GS) cut 5% of the employees in its trading operation (Reuters) Congress added another stop gap budget bill to take the federal government’s funding through April 8 (Reuters)…
About the only good news in the news business is coming from the web. The growth, though impressive, is not enough to sustain the profitability of newspaper publishers which are experimenting with…
Most businesses which operated before 1990 had to adapt quickly or be damaged, or even destroyed, as technology quickly evolved. 24/7 Wall St. looked at several industries and picked key companies in…
24/7 Wall St. has decided to investigate where inflation has the greatest potential to damage the economy. There is plenty of ground to cover. It is clear that the cost of agricultural…
RockTenn (NYSE: RKT) will buy Smirft-Stone (NYSE: SSCN) for $3.5 billion. (Reuters) Assets in the Treasury’s toxic asset fund rose 27% in value last year to $6.3 billion. (Reuters) China will pass…
There is another round of outrage among businesses and banks because WikiLeaks has gotten hold of private documents from bank Julius Baer from one of its former executives. Reuters reports that the…
Bank of America Corporation (NYSE: BAC) dismissed speculation, per CNN, that it is the big U.S. bank that WikiLeaks founder Julian Assange told Forbes magazine will be the website’s next target. OK!…
Reuters: Geithner said the major currencies are “in alignment” but need negotiations to make sure their status remains that way. Reuters: Toyota (NYSE: TM) will fix 1.52 million Avalons. Reuters:…
Reuters: The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters: Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: GENZ). Reuters: …
Reuters: The Chinese premier said he would not succumb to pressure from the US on the value of the yuan. Reuters: An SEC watchdog said the timing of the charges against Goldman…
Too often, most Wall Street analysts are a day later and a dollar short. UBS analyst John Janedis, however, managed to get it right about the New York Times Co. (NYSE: NYT).…
Hewlett-Packard (NYSE: HPQ) sold off on news of trouble in Europe. The region is critical to the tech company’s sales. Citigroup (NYSE: C) shares also lost ground. There are concerns about how…
Reuters: Germany’s ruling party is keeping pressure on Greece to restructure debt. Reuters: The growth forecasts of the G20 do not make economic sense. Reuters: Oil moved higher on strong economic numbers.…