Media Digest 1/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

January 25, 2010 by Douglas A. McIntyre

Reuters:   China continued to defend its internet policies.

Reuters:   The SEC is considering whether data on AIG (NYSE:AIG) should have national security status.

Reuters:   Ferrero will not bid against Kraft (NYSE:KFT) for Cadbury (NYSE:CBY)

Reuters:   Wal-Mart’s (NYSE:WMT) Sam’s Club cut over 11,000 workers, 10% of its staff.

Reuters:   A revival of growth will not make the Fed change its plans for the time being.

WSJ:   As the markets fall the question is how much of economic growth is based solely on stimulus.

WSJ:   Boeing (NYSE:BA) and Airbus have allied against a plan for funding of a new Bombardier aircraft.

WSJ:   The Financial Crisis Commission will begin to use it subpoena powers.

WSJ:   Banks had significant bargaining power with AIG on insurance contracts tied to MBS.

WSJ:   “Avatar” is about to pass “Titanic” as the top box office blockbuster of all time.

WSJ:   The Bank of China will raise billions of dollars to offset money loaned out under aggressive lending programs set by the Chinese government.

NYT:   The new Apple tablet could allow people to play games together on the same device.

NYT:   Westlaw and LexisNexis are trying to beat back lower-cost competitors.

NYT:   TV, and is some cases local stations, will benefit from the Supreme Court decision to allow corporate support for candidates and causes.

FT:   Bankers will lobby for cutback in reforms.

FT:   The government may begin to float bond issues to dump toxic debt instruments.

Bloomberg:   Wall St. firms are cutting comp due to pressure from Washington.

Bloomberg:   Ericsson’s profits fell as phone companies cut spending.

Douglas A. McIntyre