Media Digest 11/11/2009 Reuters, WSJ, NY Times, FT, Bloomberg

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Reuters:   Two Bear Stearns hedge fund managers were acquited.

Reuters:   Zucker, NBCU’s current CEO, will head the company when Comcast (NASDAQ:CMCSA) buys a majority of the company from GE (NYSE:GE).

Reuters:  Dodd’s super-bank regulator fights a uphil battle in Congress.

Reuters:   Fed officials see an uneven recovery.

Reuters:   Google (NASDAQ:GOOG) is working to increase share in China as market leader Baidu (NASDAQ:BIDU) faces troubles.

Reuters:   UPS (NYSE:UPS) is seeing good holiday demand.

Reuters:   The Swiss will regulate banker’s pay to curb risk.

Reuters:   Oracle (NASDAQ:ORCL) will fight hard to keep the MySQL software that comes with Sun (NASDAQ:JAVA) even though EC regulators object

Reuters:   Consumer confidence continues to move up.

Reuters:   GM’s chairman asked for a change in pay caps.

Reuters:   Ambac (NYSE:ABK) shares fell on a possible bankruptcy.

WSJ:   AIG’s (NYSE:AIG) CEO Robert Benmosche may leave because of heavy government regulation.

WSJ:   The Justice Department claims that hackers from Russia accessed hundreds of ATMs.

WSJ:   GM’s chairman is starting to clash with its CEO.

WSJ:   The USDA raised its price forecast for corn.

WSJ:   China’s economic recovery is firming up.

WSJ:   Fedex (NYSE:FDX) predicted an 8% rise in traffic on its busiest days.

WSJ:   Muscle cars are selling well.

WSJ:   Private equity firm TPG could invest in Japan Air to back JAL’s closer relationship to American (NYSE:AMR).

WSJ:   The UK was given a warning on its credit rating.

WSJ:   Apple (NASDAQ:AAPL) will go after the Nintendo DS handheld game device.

WSJ:   The EU stance of the Oracle deal for Sun may open a rift with US antitrust authorities.

WSJ:   Lenders are working fast to restructure commercial loans under new provisions that give more favorable regulatory treatment.

WSJ:   The head of BlackRock (NYSE:BX) says there in no bubble in the market and that the economy is stable.

WSJ:   The head of Goldman Sachs (NYSE:GS) defended his company’s pay practices.

WSJ:   Companies will sell as much as $20 billion in bonds this week.

WSJ:   The cost of insuring Japanese government debt is rising.

WSJ:   China car company Geely plans to sell Volvos in Europe if it buys the company.

WSJ:   Thomson Reuters faces an antitrust probe of codes in its data.

WSJ:   The Administration is speeding up $7 billion in grants for faster broadband.

NYT:   The Fed chief is working political ties as his agency comes under fire.

NYT:   Dodd’s plan would expand regulation of risky lending.

NYT:   Video is becoming a bigger part of website home pages to draw advertisers.

NYT:   The chairman of GM says the company can repay the government.

NYT:  Retail sales and industrial output rose in China.

NYT:   Logitech bought a video conferencing company.

NYT:   Government mortgage aid is reaching more people.

FT:   Dodd will seek power to strip the Fed of authority.

Douglas A. McIntyre