Media Digest 10/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The healthcare plan is about to take a step forward in Congress.
Reuters: The debt swap at CIT (NYSE:CIT) is in trouble and could cause bankruptcy.
Reuters: Summers says Obama policies saved economy.
Reuters: Bank of America (NYSE:BAC) has begun to hand over legal documents to authorities.
Reuters: T-Mobile (NYSE:DT) users are facing a data loss because of Microsoft (NASDAQ:MSFT) server troubles.
Reuters: China’s super-rich are bouncing back from the crisis.
WSJ: Cost cuts at American companies are lifting profits but hurting the economy.
WSJ: Obama has shelved a plan to tax multinational companies up to $200 billion.
WSJ: There is a plan to link major energy grids in the US.
WSJ: Insurance companies are pushing back on healthcare legislation.
WSJ: Regulators are looking at whether high speed trading could hurt markets.
WSJ: Summers outlined the risks to the recovery.
WSJ: China is trying to cut steel capacity.
WSJ: AIG (NYSE:AIG) sold its Taiwan unit for over $2 billion.
WSJ: The Ghanaian government is divided about giving an oil deal to the Chinese or Exxon (NYSE:XOM)
WSJ: China Investment Corp is buying financial assets in China and abroad.
WSJ: Sandisk (NASDAQ:SNDK) upgraded its flash technology.
WSJ: Intel (NASDAQ:INTC) is likely to remain one of the star NASDAQ companies.
WSJ: Dendreon (NASDAQ:DNDN) shot up.
WSJ: Retailers are offering novel gift cards to help sell products.
WSJ: Bloomberg is the front-runner to buy BusinessWeek (NYSE:MHP)
NYT: Disney (NYSE:DIS) will overhaul many of its stores.
NYT: Small businesses are facing tightening credit.
NYT: Bank of America (NYSE:BAC), GE (NYSE:GE), and other companies are starting ad campaigns about a bright future.
NYT: The pace of losses is slowing at banks.
NYT: Fewer viewers are watching shows on DVR.
FT: JPMorgan (NYSE:JPM) is trying to calm fears about its UK unit.
FT: The weak US recovery is being blamed on slow demand.
FT: “The US wants to have technology for coal-fired power stations to capture and store their carbon dioxide emissions ready for commercial deployment within a decade.”
Bloomberg: Treasuries are up based on anticipation that retail sales will be slow.
Douglas A. McIntyre