Media Digest 1/18/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Kraft (NYSE:KFT) has a deal to buy Cadbury (NYSE:CBY) for about $19 billion.

Reuters:   China says Google (NASDAQ:GOOG) and other foreign firms must respect its laws.

Reuters:   JAL is going bankrupt.

Reuters:   AIG (NYSE:AIG) is looking a a number of ways to repay worker bonuses.

Reuters:   The IMF raised concerns about the recovery in Europe.

WSJ:   NBCU (NYSE:GE) will pay Conan O’Brien close to $40 million to end his contract with the network

WSJ:   HarperCollines is discussing a book content deal with Apple (NASDAQ:AAPL) for its tablet

WSJ:   If the FHA pulls back on mortgage credit limits, the housing market could falter.

WSJ:   Tyco will purchase Brinks’ home security operation in a $2 billion deal.

WSJ:   Microsoft (NASDAQ:MSFT) challenged comments by European officials that people should use other browsers because hackers can exploit Internet Explorer.

WSJ:   A slowdown in rail demand could foreshadow slowing manufacturing and agricultural sectors this year.

WSJ:   Companies raised $11.7 billion in the junk bond market last week as investors chased yield

NYT:   The Microsoft (NASDAQ:MSFT) is taking on cable companies by streaming moves and TV.

NYT:   Google (NASDAQ:GOOG) faces antitrust problems with German newspaper companies.

NYT:   Nearly 100 hotels will open this year as chains have trouble filing current ones.

FT:   US banks are divided on whether to sue the federal government over a proposed tax on liabilities.

FT:   Old GM shares, which are supposed to be worthless, are rising.

Douglas A. McIntyre