Media Digest 7/8/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

July 8, 2010 by Douglas A. McIntyre

MarketWatch:   The IMF expects slow growth this year and next.

Reuters:   The battle between the oil industry and government on drilling regulations continues.

Reuters:   The Gulf leak could be plugged in two weeks.

Reuters:   The US has set up a program to prevent cyber attacks on government and company sites.Reuters:   China may take action if the drop in its stock markets worsens.

Reuters:   News Corp (NYSE: NWS) says it has no plans to sell MySpace.

Reuters:   Citigroup Inc (NYSE: C) has sold its private equity unit.

WSJ:   The coffee market is moving toward a high.

WSJ:   Banks are restructuring loans on unpaid commercial properties.

WSJ:   Apartment vacancies fell modestly.

WSJ:   Retail sales in June were relatively good.

WSJ:   The EU set stress test rules for banks.

WSJ:   German exports picked up in May.

WSJ:   AT&T Communications (NYSE: T) says a software problem has slowed its 3G network.

WSJ:   GM sold Nexteer to a Chinese company.

WSJ:   Europe will limit banker bonuses.

WSJ:   Fewer people are behind in loans according to the ABA.

WSJ:   The US may swap spies with Russia.

WSJ:   The US may cut the amount of energy it takes from Canadian oil sands.

WSJ:   Obama wants to increase jobs among exporters.

WSJ:   Bids for an Air Force tanker are due, probably pitting Boeing (NYSE: BA) against EADS.

WSJ:   China is still examining Google’s (NASDAQ: GOOG) license to operate in the country.

WSJ:   Video console makers may add 3G capacity.

WSJ:   Bloomberg will go into competition with Lexis Nexis

WSJ:   Toyota Motor (NYSE: TM) will add 1,000 quality engineers.

WSJ:   Sirius XM’s (NASDAQ: SIRI) sales and subscribers grew.

WSJ:   Money supply numbers from the Fed are expected to show that the economy is slow to recover.

WSJ:   China says it will not use its ownership of US debt as a weapon.

WSJ:   Wells Fargo (NYSE: WFC) will close its subprime unit and fire 3,600 people.

WSJ:   TARP paybacks may slow.

NYT:   Facebook is strengthening outside the US.

NYT:   The EU has set up regulations that may allow bioengineered crops to be used more easily.

FT:   The EU is looking at some curbs on Google.

FT:   The IMF says global growth may slow.

Bloomberg:   The CFO of Yahoo Inc (NASDAQ: YHOO) say it will cut the prices it pays for acquisitions.

Bloomberg:   Japan factory orders fell.

Bloomberg:   Apartment vacancies dropped from a 20-year high, according to Reis.

Douglas A. McIntyre

Essential Tips for Investing: Sponsored

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.