Media Digest (9/28/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   US businesses fear a fight over the yuan will cause a trade disaster.

Reuters:   The US will test a cyber-blitz response plan.

Reuters:   JPMorgan Chase (NYSE: JPM) may go to the FDIC for Washington Mutual claims.

Reuters:   Research In Motion (NASDAQ: RIMM) released it Playbook tablet to compete with the Apple Inc (NASDAQ: AAPL) iPad.

Reuters:   Facebook will probably have an IPO after late 2012.

Reuters:   Cisco (NASDAQ: CSCO) will launch a line of consumer products.

Reuters:   Southwest (NYSE: LUV) will buy AirTran (NYSE: AAI) to get its East Coast routes.

Reuters:   American International Group (NYSE: AIG) is closer to a plan to get money back to taxpayers.

Reuters:   NBC Universal will launch a $5.1 billion debt sale.

WSJ:   Authors are being pinched by e-book fees.

WSJ:   The Fed may begin the purchase of more securities.

WSJ:   The FDIC has not instituted a plan to handle the failure of large firms like Lehman.

WSJ:   AOL (NYSE: AOL) may buy the TechCrunch blog.

WSJ:   Morgan Stanley (NYSE: MS) has decided to freeze hiring in some portions of the bank.

WSJ:   The EU will end an antitrust probe against Apple.

WSJ:   Voters have begun to focus on rising state and local taxes as they begin to vote in November.

WSJ:   GE (NYSE: GE) will go into business Harbin Power to build wind turbines.

WSJ:   A Southwest buyout of AirTran would help put price pressure on Boeing (NYSE: BA)

WSJ:   SAP’s web-based services are faltering.

WSJ:   Nestle will introduce more food targeted at those who are health conscious

WSJ:   Dubai may return to the debt markets after a near-default.

WSJ:   Brazil Finance Minister Guido Mantega said a worldwide currency trade war has begun.

WSJ:   The Treasury will sell $50 billion in new paper.

NYT:   The GAO says the presence of women in the workforce as not improved.

NYT:   South Carolina will created a new company to oversee its private equity holdings.

FT:   The IMF said its supports the UK austerity plan.

FT:  Several downgrades have made risky bank bonds harder to sell.

Bloomberg: PSA Peugeot Citroen will launch a diesel-electric car.

Bloomberg:   The chairman of the American Chamber of Commerce in Shanghai says China may retaliate over pressure on the yuan.

Douglas A. McIntyre

Sponsored: Tips for Investing

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.