Media Digest 1/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
January 22, 2009 by Douglas A. McIntyre
According to Reuters, a House committee advanced the economic stimulus bill.
Reuters reports that China’s GDP growth slowed.
Reuters reports that exports from Japan dropped sharply.
Reuters writes that Sony (SNE) warned of its biggest loss ever.
Reuters reports that jobs losses are hitting men more than women.
Reuters writes that Ebay (EBAY) offered a disappointing forecast.
Reuters writes that Citigroup (C) named Richard Parsons as chairman.
Reuters reports that small investors are walking away from brokers to do trading on their own.
Reuters writes that Apple (AAPL) beat profit expectations.
Reuters writes that Merrill Lynch paid bonuses early as the Bank of America (BAC) deal closed.
The Wall Street Journal writes that IBM (IBM) employees are reporting jobs cuts.
The Wall Street Journal reports that Intel (INTC) is closing plants, displacing workers.
The Wall Street Journal reports that GM (GM) finished 2008 behind Toyota (TM) in total worldwide vehicle sales.
The Wall Street Journal reports that fears of bank nationalization are growing in the UK.
The Wall Street Journal reports that retailers are still expanding in China.
The Wall Street Journal writes that the CEOs of Bank of America (BAC) and JP Morgan (JPM) bought shares.
The Wall Street Journal writes that Moody’s downgraded the debt of State Street (STT).
The Wall Street Journal writes that AMR (AMR) and UAL (UAUA) posted big losses.
The Wall Street Journal writes that the CBO says the stimulus bill may not help job growth soon.
The Wall Street Journal reports that media companies are joining forces to test online video ads.
The Wall Street Journal reports that some politicians are trying to get TARP funds for their own states.
The Wall Street Journal reports that investors are seeing bad signs for GE (GE) earnings.
The Wall Street Journal reports that venture capital firms are closing some of their weak companies.
The Wall Street Journal reports that nationalization of banks causes many problems.
The Wall Street Journal reports that a close look at IBM’s (IBM) earnings shows weaknesses.
The Wall Street Journal reports that Disney (DIS) is offering buyouts to some theme park executives.
The Wall Street Journal reports that India’s Wipro is bracing for a tough year.
The Wall Street Journal reports that Sony (SNE) will cut TV production.
The New York Times reports that the UK economy may be weaker than the US or EU.
The New York Times reports that slowing exports are causing job losses in Asia.
The New York Times reports that the recession is making Microsoft (MSFT) and Google (GOOG) returned to their original businesses.
The FT reports that AIG (AIG) is starting a $20 billion auction of its Asia unit.
Bloomberg writes that Toyota (TM)) will cut management jobs.
Bloomberg reports that one analyst believes banks will need another $1 trillion in rescue funds.
Douglas A. McIntyre
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