Media Digest 10/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The US is stepping up the pressure on BP plc (NYSE: BP) as the government doubles spill estimates.
Reuters: Geithner says US patience on the yuan is disappearing.
Reuters: China factory output and capital spending slowed.
Reuters: The FBI is looking into a breach of security which let hackers get Apple Inc (NASDAQ: AAPL) iPad e-mails.Reuters: The UAE oil minister said oil oversupply is modest.
WSJ: BP is considering cutting its dividend.
WSJ: US companies have built record piles of cash.
WSJ: Dell (NASDAQ: DELL) and its CEO are in talks to settle with the SEC.
WSJ: Web watchdogs are looking for more privacy flaws from internet companies.
WSJ: The China CPI rose above 3%.
WSJ: The ECB raised growth forecasts.
WSJ: Bancaja and Caja Madrid and other Spanish banks are in merger talks.
WSJ: The FDA attacked a GlaxoSmithKline (NYSE: GSK) diabetes drug.
WSJ: Retailers are making it more convenient to shop by cellphone.
WSJ: Four German states said they may help Opel.
WSJ: A merger between UAL Inc (NASDAQ: UAUA) and Continental (NYSE: CAL) will not solve many problems, according to United’s CEO.
WSJ: Petrobras got government approval for a huge decade-long expansion.
WSJ: Companies have finished restocking inventories cut by the recession and now must consider adding inventory for the recovery.
WSJ: Global assets under management grew almost 12% last year, driven by Asia.
WSJ: There is a rumor that PetroChina (NYSE: PTR) could buy BP.
WSJ: New circuit breaker programs are about to go into effect.
NYT: Honda Motor (NYSE: HMC) may face more labor disruptions in China.
NYT: A new search engine allows patients to look at doctors and fees.
NYT: Johnson & Johnson (NYSE: JNJ) has been uncooperative in an inquiry about problems with its drugs, according to some government officials.
NYT: There is a British backlash to US attacks on BP.
NYT: Nearly 200 lawsuits have been filed against BP.
NYT: The House and Senate have begun to merge their bills on financial reform.
NYT: The Senate is losing patience on US policy on China trade.
FT: China’s inflation topped a 3% target.
FT: The FBI will target mortgage fraud.
FT: Funding costs for US companies are down.
FT: BA may move flights to Madrid to undermine strikers.
Bloomberg: Congress may override a veto on a potential bill on yuan reform.
Douglas A. McIntyre