Media Digest (3/14/2011) Reuters, WSJ, NYT, FT, Bloomberg Nikkei Down 6.2%

March 14, 2011 by Douglas A. McIntyre

The rook of a second nuclear reactor blew off in Japan. (Reuters)

A hacker group plans to release Bank of America (NYSE: BAC) e-mails today. (Reuters)

Members of Congress are certain of a deal to extend emergency government funding. (Reuters)

Oil fell on economic fears about Japan. (Reuters)

Vodafone (NYSE: VOD) and Verizon (NYSE: VZ) will combine their enterprise units. (The Times)

Borders plans to exit Chapter 11 in September. (WSJ)

Jeff Immelt of GE (NYSE: GE) will visit India as skepticism of nuclear fuel rises. (WSJ)

China banks posted new loan figures. (WSJ)

New probes of Fannie Mae and Freddie Mac have focused on management disclosure. (WSJ)

BP (NYSE: BP) has blocked its Russian partner from Arctic drilling (WSJ)

Hewlett-Packard (NYSE: HPQ) will release its new global strategy. (WSJ)

The ECB’s plans to help finance Europe nations is still unclear. (WSJ)

The Apple (NASDAQ: AAPL) iPad 2 marked huge initial sales. (WSJ)

AT&T (NYSE: T) will cap data use for DSL customers. (WSJ)

The International Fund for Agricultural Development says more people from Latin American sent money home last year. (WSJ)

A WSJ poll says the unemployment rate will be 7.7% at the next presidential election. (WSJ)

Several Japanese companies which include Honda Motor (NYSE: HMC) and Toyota Motor (NYSE: TM) will close plants in Japan. (WSJ)

The nuclear industry is likely to reconsider safety and construction. (WSJ)

EU leaders set a new bailout plan. (WSJ)

BP increased the size of its biolfuel business. (WSJ)

ExecuNet Inc says many jobs candidates already have another offer. (WSJ)

Paid TV services rose last year. (WSJ)

Ernst & Young may be the major target of Lehman Bros lawsuits. (WSJ)

The Fed could tighten to curtail oil speculation but would probably hurt economic growth. (WSJ)

The Japan quake could cost insurers $35 billion. (WSJ)

Japan’s need for more imported oil may rise putting upward pressure on oil prices. (WSJ)

States have put more pressure on Amazon.com (NASDAQ: AMZN) to pay  sales tax. (NYT)

Power and water shortages could hurt the Japanese economy. (NYT)

The Bank of Japan made $265 billion available to support the yen and the economy. (FT)

Risky loans have hit $30 billion in the US this year. (FT)

China passed the US as the world’s largest goods producer. (FT)

IBM (NYSE: IBM) may be years ahead of Hewlett-Packard (NYSE: HPQ) in a number of businesses. (FT)

Ireland defied the EU when it said it will keep corporate tax rates the same. (Bloomberg)

Refinery margins are likely to improve after the quake. (Bloomberg)

Douglas A. McIntyre