Media Digest 7/2/2010
July 2, 2010 by Douglas A. McIntyre
Reuters: Maria Cantwell (D-WA) will support the Senate financial reform bill, giving Democrats a boost.
Reuters: Automakers had a setback in June, an indication that the industry is facing slow growth.
Reuters: The House passed a bill to extend jobless benefits, but the Senate may reject it.
Reuters: Walt Disney (NYSE: DIS) bought Apple Inc. (NASDAQ: AAPL) iPhone game maker Tabulous.Reuters: Google Inc. (NASDAQ: GOOG) bought online travel software company ITA Software for $700 million.
Reuters: Dell Inc. (NASDAQ: DELL) bought Scalent.
Reuters: Ed Whitacre of GM said 2010 would be a good year for the company’s IPO
WSJ: Habitat for Humanity became one of the ten largest homebuilders in the US.
WSJ: France and Germany are at odds over how Europe should be rebuilt
WSJ: Mortgage bonds backed by the US government have become more attractive.
WSJ: There is confusion about how the new financial reform bill will treat derivatives.
WSJ: Deepwater drilling off Cuba threatens Florida beaches.
WSJ: Healthcare companies are facing huge changes in how they do business.
WSJ: Goldman Sachs Group (NYSE: GS) is defending its actions on trades with American International Group (NYSE: AIG) during the financial crisis.
WSJ: Apple Inc (NASDAQ: AAPL) is still allowing Google ads on its iPhone and iPad.
WSJ: GE (NYSE: GE) said that CEO Jeff Immelt’s attacks on China and President Obama do not reflect the firm’s views.
WSJ: Blockbuster will be delisted from the NYSE.
WSJ: As factory activity rebounds many workers do not have the necessary skills.
FT: Fears are growing over slow economic demand.
FT: Apple is pushing its on-demand movies business segment of its iTunes store.
Bloomberg: Portable missile defend plans may cost $43 billion.
Bloomberg: Carl Icahn says he owns 38% of Lions Gate.
Douglas A. McIntyre
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