Media Digest 9/15/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   China say data show the US tire tariffs are unfair.

Reuters:   A Fed policy debate has begun now that the recession is over.

Reuters:   The world’s wealth is down 11% and the number of millionaires has fallen

Reuters:   A pact between Bank of America (BAC) and the SEC was killed in court.

Reuters:   The US is considering selling some of its Citigroup (C) shares.

Reuters:   Airline rivals are vying for an investment in Japan Air to get access to its Asia routes.

Reuters:   Hewlett-Packard (HPQ) has launched a line of ultra-thin notebooks.

Reuters:   Obama asked Wall St. to support regulatory reforms.

WSJ:   The US govt intervention in the housing market is the only reason it is functioning at all ,making an exit hard.

WSJ:   Toys R Us is setting up 350 stores that will only be open during heavy shopping periods.

WSJ:   Chrysler sales are expected to fall sharply this fall.

WSJ:   Intel (INTC) set up a race for the job as the firm’s next CEO.

WSJ:   A new reports shows protectionist measures are rising.

WSJ:   Ely Lilly (LLY) will cut jobs as an important patent expires.

WSJ:   Microsoft’s (MSFT) Silverlight has closed the gap with rival Adobe (ADBE) Flash.

WSJ:   Beijing Automotive is seeking strategic alliances with car companies outside of China.

WSJ:   Intuit (INTU) bought personal software firm Mint for $170 million.

WSJ:   AIG’s (AIG) airplane finance business is in trouble.

WSJ:   Many of the world’s largest banks urged the G-20 to keep up stimulus efforts.

WSJ:   The UK and Belgium are worried that the Opel sale will mean closings of their auto plants.

WSJ:   NEC, Casio, and Hitachi will merge their handset operations.

WSJ:   Yahoo! (YHOO) will sell part of its stake in Alibaba.

NYT:   Obama’s chance to reform Wall St. is fading.

NYT:   Labor cheered the tire tariffs.

NYT:   Google (GOOG) released a new news reading service.

NYT:   Japan is struggling to balance growth and job stability.

NYT:   Dubai’s investment arm is in trouble and has laid off staff.

NYT:   Economists told the president of France that GDP is not a complete measure of economic health.

FT:   GE (GE) is bolstering its wind power operations.

FT:   Siemen’s (SI) is trying to change its image in the US by making it more of a local company.

Bloomberg: The banking industry in Eastern Europe could hurt the recovery in the region.

Douglas A. McIntyre