Media

Media Digest 12/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq.

Reuters:   Moody’s (NYSE:MCO) sees no threat to the US debt rating for now.

Reuters:   Obama plans a TARP for small business.

Reuters:   Rental income in buildings for residential occupancy will remain weak.

Reuters:   The House is near passage of a bill to overhaul the US financial markets.

Reuters:   Goldman Sachs (NYSE:GS) top management will take bonuses in stock.

Reuters:   Ford’s (NYSE:F) CEO said he talked with GM’s new CEO Whitacre to discuss the industry.

Reuters:   The House passed a $447 billion spending bill.

Reuters:   The pay czar will make rulings on several other firms which have US money.

Reuters:   Citigroup (NYSE:C) plans an offering of $15 billion in stock.

Reuters:   Trading in AOL’s (NYSE:AOL) shares got off to a rough start.

WSJ:   The Boeing (NYSE:BA) Dreamliner is set for its first flight.

WSJ:   China’s curbs on sales of tech gear to its central government are drawing criticism.

WSJ:   Stores are holding bigger markdowns of prices in reserve for later in the holiday season.

WSJ:   Bank of America (NYSE:BAC) is in talks with Bank of NY (NYSE:BK) CEO about moving to the top spot at BAC.

WSJ:   The Airbus A400M is ready to fly.

WSJ:   Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) are competing to buy or form relationships with startups.

WSJ:   Apple iPhone sales by China Unicom (NYSE:CHU) are picking up.

WSJ:   Oracle (NASDAQ:ORCL) is fighting the EU over its Sun Microsystems  (NASDAQ:JAVA) deal.

WSJ:   Citadel Broadcasting is about to file a prepackaged Chapter 11.

WSJ:   GE (NYSE:GE) won a big wind farm project.

WSJ:   US household net worth rose.

WSJ:   Some bone-building drugs known as bisphosphonates may prevent breast cancer.

WSJ:   Falling supplies of natural gas pushed prices up over 8%.

NYT:   A national sales tax may be considered to drop the deficit.

NYT:   Data from China show its economy is still rebounded quickly.

NYT:   Dealers for GM and Chrysler won a victory in the House as a bill advanced to let them appeal being closed.

NYT:   France will probably follow the UK on a banker bonus tax.

FT:   Facebook is being criticized for changes to it privacy rules.

Douglas A. McIntyre

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.