Media Digest (1/21/2009) Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case.
Reuters: China GDP grew 10.7% in the fourth quarter.
Reuters: Obama will target excessive financial risk taking.
Reuters: AIG (NYSE:AIG) owes retention pay to many workers.
Reuters: The Pentagon budget will probably kill 7 weapons programs.
Reuters: Google (NASDAQ:GOOG) is expected to post a solid fourth quarter.
Reuters: Starbucks US sales began to grow again.
Reuters: The dispute between China and Google (NASDAQ:GOOG) may hurt the launch of Motorola’s (NYSE:MOT) Android-based phone. Android is the Google mobile OS.
Reuters: Ebay (NASDAQ:EBAY) beat forecasts on strong growth from PayPal.
WSJ: Obama plans to put new restrictions on the size and risk-taking of big banks.
WSJ: Apple (NASDAQ:AAPL) will launch a tablet with ties to content from TV and print.
WSJ: Microsoft (NASDAQ:MSFT) is scrambling to fix security holes in IE.
WSJ: Amazon (NASDAQ:AMZN) plans to target Apple with new apps for the Kindle.
WSJ: Buffett attacked the Kraft (NYSE:KFT) deal to buy Cadbury (NYSE:CBY).
WSJ: Greek bonds are trading lower.
WSJ: The World Bank issues a mixed forecast which points to a rise in GDP next year but warns about credit markets.
WSJ: Amazon launched a new royalty plan for authors and publishers.
WSJ: The New York Times will begin to charge for web content.
WSJ: Sony (NYSE:SNE) delayed the launch of its active motion controller.
WSJ: Difficulties with some drilling techniques for natural gas may injure the industry’s growth.
WSJ: Sprint (NYSE:S) is being squeezed by price cuts at its rivals AT&T (NYSE:T) and Verizon (NYSE: VZ).
WSJ: Microsoft sued Tivo (NASDAQ:TIVO) over patent misuse.
WSJ: Stock buybacks are a way to help investors in companies faced with modest growth.
NYT: Banks are seeing a decline in bad loans.
NYT: Morgan Stanley had a weak quarter and strong bonuses.
NYT: China is on a path to becoming the world’s second largest economy.
NYT: Republicans are objecting to a panel on the deficit.
NYT: The expanded growth of wind power may be realistic but expensive.
Bloomberg: GE’s (NYSE:GE) shares may be hurt until financial reforms are finalized.
Bloomberg: AMR (NYSE:AMR) will fight a Delta (NYSE:DAL) tie-up with JAL
Douglas A. McIntyre