Media Digest 5/5/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Calm water is helping manage the Gulf oil spill. Reuters: April retail sales should be up in a sign of consumer recovery. Reuters: The US is questioning Johnson & Johnson’s (NYSE:…
Reuters: Calm water is helping manage the Gulf oil spill. Reuters: April retail sales should be up in a sign of consumer recovery. Reuters: The US is questioning Johnson & Johnson’s (NYSE:…
Reuters: Hewlett-Packard (NYSE: HPQ) will gamble on the smartphone industry with its buyout of Palm (NADSAQ: PALM) Reuters: The oil spill from a BP plc (NYSE: BP) rig is close to shore. Reuters: …
The incentives that drove March domestic car sales have begun to go away. These were driven primarily by manufacturers who needed to match Toyota’s (NYSE: TM) discounts as it tried to regain market share…
Reuters: The head of GM says taxpayers may get their entire investment back. Reuters: Obama will urge tougher rules on Wall St. Reuters: The CEO of Goldman Sachs Group (NYSE: GS) attacked…
American cars have now passed their Asian competitors in the quality race among US consumers. The new Associated Press-GfK Poll shows that “38 percent say U.S. cars are best and 33 percent prefer…
Reuters: Google Inc.’s (NASDAQ: GOOG) password operation was hit by cyberattacks. Reuters: A leading political party in Germany is urging that the nation not deal with Goldman Sachs Group (NYSE: GS). Reuters: …
Updated throughout the day. Goldman Sachs Group, Inc. (NYSE:GS) will pay its London bankers a total 3.5 billion pounds. (Times of London) French firm L’Occitane Groupe plans a China based IPO to raise…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
According to many media sources, Toyota Motor Corporation (NYSE: TM) will pay the $16.4 million penalty levied on it for not disclosing sticking pedal information which eventually caused the company to recall…
Reuters: Goldmand Sachs Group, Inc (NYSE: GS) are standing behind the company. Reuters: Chinas said the chances of the yuan rising are more likely. Reuters: Toyota Motor (NYSE: TM) is expect to…
Consumer Reports’ monopoly on auto testing remains largely unquestioned. Recently, the magazine found that the Lexus 460 rolls over. In years past, it has found problems with Jeeps and Firestone tires. The…
Reuters: The Fed backed “extending language” on rates. Reuters: About 60% CDS could be cleared centrally according to experts. Reuters: Bank of America Corporation (NYSE: BAC) and Symphony will link up on…
Reuters: An 11.9% growth in China during the first quarter has caused the government to look at tightening. Reuters: Toyota Motor Corporation (NYSE: TM) is testing all of its SUVs after problems…
Reuters: Daimler kept its earnings and dividend outlook for 2010. Reuters: American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale. Reuters: Intel Corporation (NASDAQ: INTC) results lifted markets in…
Car sales in China during March rose 63% to 1.26 million according to the China Association of Automobile Manufacturers. US domestic vehicles sales for the same period were 1.07 million. When trucks…