Media Digest (9/16/2010) Reuters, WSJ, NYT, FT, Bloomberg
Reuters: Japan says it is ready to move into the forex market to support the yen.
Reuters: George Soros says that China was the big winner coming out of the recession.
Reuters: The Senate could pass the small business bill this week.
Reuters: The Department of Justice dropped charges against a former Merrill broker in an Enron case.
Reuters: Microsoft (NASDAQ: MSFT) “Halo Reach” hit $200 million in sales during the first day.
Reuters: Microsoft released a new version of its web browser.
Reuters: Yahoo! (NASDAQ: YHOO) said it will not sell its stake in Alibaba.
Reuters: Potash (NYSE: POT) has begun work on a China-lead buyout to top the bid of BHP Billiton (NYSE: BHP)
WSJ: Regulators will attack “window dressing” a system banks use to improve balance sheets just before earnings.
WSJ: Western banks have trouble making money in China.
WSJ: The Chase website is still broken.
WSJ: The WTO said that Boeing (NYSE: BA) received illegal aid from the US government.
WSJ: Microsoft is upbeat on the future of its Kinect platform
WSJ: German is probing the head of Deutsche Telekom for alleged bribery.
WSJ: China’s Anshan Iron & Steel Group said it will begin to buy companies in the US.
WSJ: Research In Motion (NASDAQ: RIMM) is getting more competition from phones powered by Google’s (NASDAQ: GOOG) Android operating system.
WSJ: Sprint-Nextel (NYSE: S) says it will not buy Clearwire (NASDAQ: CLWR).
WSJ: A study by Fannie Mae shows that fewer people own homes.
WSJ: Chevron (NYSE: CVX) is near a natural gas deal in China.
WSJ: Skyhook Wireles says Google pushed it out of deals.
WSJ: According to Interbrand, the top 100 brands in the US gained 5% in value over last year.
WSJ: Large China institutions will start a hedge fund.
NYT: The payout from the BP escrow fund has been slow.
NYT: Geithner will testify that China has kept the value of the yuan at levels to improve trade.
NYT: China has begun to move from low-cost factories as it builds a middle class.
FT: Greece ruled out the chance that it would default on its debt.
FT: The US will consider ways to push the yuan higher.
FT: The EU will begin more harsh regulations of derivatives.
FT: Petrobras faces hard conditions to bring up oil in some of the regions where it has fields.
Bloomberg: Fiat and Ford (NYSE: F) both had drops in sales as Europe vehicle sales fell for a fifth month.
Bloomberg: Shares in Berkshire Hathaway (NYSE: BRK.B) hit their highest level since 2008.
Bloomberg: Nokia (NYSE: NOK) investors were not impressed with the firm’s new smartphones.
Douglas A. McIntyre