Media Digest 5/6/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
MarketWatch: Asia shares were off by 2%.
Reuters: Riots against austerity measures continued n Greece.
Reuters: US regulators want to increase supervision of broadband.
Reuters: The Fed’s Rosengren says rates must stay low.
Reuters: Greece’s problems offset good economic news in the market.
Reuters: Facebook privacy problems exposed some private data.
Reuters: Sprint (NYSE: SYMC) will unveil an text-centric handset.
WSJ: Many experts believe the US productivity cannot keep improving.
WSJ: Federal officials plan to use telephone regulations to regulate broadband.
WSJ: The SEC is looking into how Berkshire Hathaway (NYSE: BRK.B) informed other Burlington Northern shareholders about it takeover of the train line.
WSJ: The Senate will try to give regulators more power to break up banks.
WSJ: Bankers expect at least one private equity deal to top $10 billion soon.
WSJ: Lucent-Alcatel (NYSE: ALU) had another huge loss.
WSJ: Low yield bonds from emerging markets are drawing buyers.
WSJ: Goldman Sachs Group’s (NYSE:GS) Blankfein defended he firm’s ethics.
WSJ: Yahoo! (NASDAQ: YHOO) will launch a new ad campaign
WSJ: CEOs polled by the Business Council and Conference Board are more optimistic about the future.
WSJ: Freddie Mac (NYSE: FRE) asked the government for another $10.6 billion .
WSJ: Symantec (NASDAQ: SYMC) made a profit.
WSJ: The Fed is making stronger arguments to combat plans for more government oversight.
WSJ: Novartis (NYSE: NVS) is trying to get nations that canceled H1N1 vaccines to pay.
WSJ: Investigators in India are looking at Hewlett=Packard (NYSE: HPQ) tax payments.
WSJ: The Washington Post Company (NYSE: WPO) will sell Newsweek.
WSJ: CenturyTel and Qwest (NYSE: Q) are losing more wireless subscribers.
WSJ: Skype will offer paid video chats.
WSJ: Mortgage issues may hurt H&R Block.
WSJ: Pushing Greece out of the Eurozone may disrupt the euro too much to allow it.
WSJ: New broadband rules are a potential victory for Google (NASDAQ: GOOG)
WSJ: The head of Bear Stearns blamed market rumors for the firm’s collapse.
FT: Moody’s (NYSE: MCO) changed its outlook on BP plc (NYSE: BP) to negative.
FT: Prudential UK has delayed its $21 billion rights offering.
Bloomberg: Rajat Gupta, the Goldman Sachs Group Inc. director, had a long relationship with Galleon Group LLC founder Raj Rajaratnam
Bloomberg: BP plc may burn off some of the Gulf oil.
Douglas A. McIntyre