Media Digest (2/28/2011) Reuters, WSJ, NYT, FT, Bloomberg

The National Association for Business Economics said the deficit was its No.1 concern. (Reuters)

Congress appears less likely to shut down the government because of budget problems. (Reuters)

The high price of gas could hurt state deficits. (Reuters)

Gold and oil rose because of unrest in the Middle East. (Reuters)

Motorola Mobility sued Tivo (NASDAQ: TIVO) over DVR technology. (Reuters)’

Blackstone (NYSE: BX) will buy the US assets of Centro for $9.4 billion. (Reuters)

Hutchison’s port unit may have an IPO. (Reuters)

Glencore may have an IPO. (Reuters)

Gains by rebels allowed the flow of oil out of Libya to remain largely intact. (WSJ)

Governors in financially troubled state want to take people off Medicaid. (WSJ)

Only one in four of the 2.7 million applicants to HAMP got mortgage relief. (WSJ)

Wells Fargo (NYSE: WFC) has made consumer banking its core business. (WSJ)

GM (NYSE: GM) will speed the turnaround at Opel. (WSJ)

China will bring down growth targets and fight inflation. (WSJ)

Groupon and China text company Tencent will launch a China site. (WSJ)

The head on Comcast (NASDAQ: CMCSA) says he is not concerned about online video. (WSJ)

Small Internet start-ups face difficulty finding talent which is going to large social media companies. (WSJ)

The Congressional effort to cut the deficit may leave some major program spending unchanged. (WSJ)

Ireland’s ruling party lost national elections and the new government may challenge terms  of its $93 billion bailout. (WSJ)

A slower Chinese economy could undermine commodities prices. (WSJ)

JPMorgan (NYSE: JPM) may take a large stake in Twitter. (WSJ)

A federal judge sided with Starbucks (NASDAQ: SBUX) over its dispute with Kraft (NYSE: KFT). (WSJ)

Sistrix GmbH and other research firms say that the change in Google’s (NASDAQ: GOOG) search results has hurt many companies. (WSJ)

Hyundai has made an effort to increase sales in Europe. (WSJ)

Germany may be losing ground to other companies as the industry turns toward electric cars. (WSJ)

More corporate board are allowing members to stay until they are 75. (WSJ)

Institute for Corporate Productivity says more senior managers are temporary workers. (WSJ)

Oil prices could slow economies which would bring down prices of other commodities. (WSJ)

Oil prices may hurt the rates on corporate debt for companies that rely on crude. (WSJ)

Loans to lower credit rates consumers have helped auto sales. (NYT)

Publishers have started to sell books in retail outlets other than book stores. (NYT)

Oprah’s new channel is having trouble attracting viewers. (NYT)

VW and Ford (NYSE: F) set plans to more aggressively sell in the Russian market. (Bloomberg)

Douglas A. McIntyre