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
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