Media Digest 10/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
June 11, 2010 by Douglas A. McIntyre
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
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.