Media Digest 2/3/2010 Reuters, WSJ, NYT, FT, Bloomberg

A judge said BP plc (NASDAQ: BP) $20 billion fund head Ken Feinberg is not independent of the oil company. (Reuters)

Record snow will hurt retail sales. (Reuters)

Poor weather will move food prices higher. (Reuters)

Sony (NYSE: SNE) profits were hurt by poor TV sales, which could not make up for strength in video games. (Reuters)

Trouble in Egypt pushed oil higher. (Reuters)

Brent crude moved above $103. (Reuters)

Google (NASDAQ: GOOG) is well behind Apple (NASDAQ: AAPL) in supplying OS for tablets. (Reuters)

News Corp (NYSE: NWS) launched The Daily, a content site for the iPad. (Reuters)

Kinder Morgan will file an IPO. (Reuters)

States have begun to investigate whether bankers overcharged for foreign exchange transactions. (WSJ)

Deutsche Bank said it would miss earnings predictions. (WSJ)

Viacom (NYSE: VIA) will put its content back on Hulu. (WSJ)

Steel customers are beginning to create stockpiles to hedge against inflation. (WSJ)

EU leaders will approve a deal to broadly address regional debt problems. (WSJ)

High tax receipts allows Treasury to push out the date when the US would hit its debt ceiling. (WSJ)

Airline profits will be hit by winter storms. (WSJ)

The EPA will regulate perchlorate in water. (WSJ)

Spain said it did not need EU aid. (WSJ)

Apple has pushed more sales of magazines and newspapers to its iTunes store. (WSJ)

Google opened an online store for Android apps. (WSJ)

Glenworth will delay any break up of the company. (WSJ)

Hedge funds will battle new disclosure rules. (WSJ)

The securitization of asset has started to grow again. (WSJ)

More investors have taken positions based on a US default, according to the Depository Trust & Clearing Corp. (WSJ)

Wheat prices will likely continue to soar. (WSJ)

Sugar prices hit highs. (WSJ)

More alternative energy firms get money from venture capital. (NYT)

The SEC wants to put derivatives trading on exchanges so that it can be more closely watched. (NYT)

Royal Dutch Shell earnings were helped by higher oil prices. (FT)

The head of Hulu attacked TV networks for running too many ads. (FT)

The Treasury may sell bonds which mature in a century. (FT)

India IT consulting firms have begun to seek business outside the US because of American “protectionism.” (FT)

Manpower says US and EU businesses use more temporary workers because of uncertainly about the economy. (FT)

Douglas A. McIntyre