Media Digest 1/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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According the Reuters, December domestic cars sales were the worst month in years.

Reuters writes that Toyota (TM) will cut plants.

Reuters reports that Apple’s (AAPL) Jobs tried to calm investors about his health.

Reuters reports that China is making strategic use of commodity price collapses.

Reuters reports that Best Buy (BBY) is offering the iPhone at a low price.

Reuters writes that the head of Merrill’s brokerage unit resigned.

Reuters writes that the Fed has started to buy mortgage-back securities.

Reuters writes that economists are seeking solutions to the housing disaster.

The Wall Street Journal reports that the Obama tax plan my offer child credits for low-income families.

The Wall Street Journal reports that prosecutors tried to jail Madoff.

The Wall Street Journal reports the the SEC was attacked on Capitol Hill over the Madoff matter.

The Wall Street Journal reports that Microsoft (MSFT) names a new chief of its server and tools division.

The Wall Street Journal reports that the Manhattan real estate market is slowing.

The Wall Street Journal reports that the case is building for an ECB rate cut.

The Wall Street Journal writes that the CEO of Tyson Foods left.

The Wall Street Journal reports that the smart money is moving back into energy.

The Wall Street Journal reports that Nasdaq is opening a derivatives clearing house.

The Wall Street Journal writes that large ad agencies are trying to expand tools for internet ad buying.

The Wall Street Journal reports that IBM (IBM) believes that IT spending could create jobs.

The Wall Street Journal writes that families beginning to save money in place of spending could hurt the recovery,

The Wall Street Journal reports that construction spending was better than expected.

The Wall Street Journal reports that lobbyists are picking up the pace to get part of the rescue package for clients.

The Wall Steet Journal reports that the service sector may no longer be able to carry the load of the economy.

The Wall Street Journal reports that there will be many sales of Treasuries this week.

The Wall Street Journal says China’s wealth fund has signaled it move into cash.

The Wall Street Journal reports that the failure of Waterford will not be the last such event in Europe.

The Wall Street Journal reports that Borders (BGP) got a new CEO.

The Wall Street Journal reports that Japan’s cash rich trading companies are looking for deals outside their country.

The Wall Street Journal reports that Japanese auto sales dropped to a 34-year low.

The Wall Street Journal reports that Cigna will cut 1,100 jobs.

The Wall Street Journal reports that the growth of netbooks is changing the tech industry.

The New York Times reports that car companies fear that slow sales will be permanent.

The New York Times reports that rising oil could take gas back to $2.

The New York Times reports that the new Congress may step up regulation of tobacco.

The New York Times reports that investors are having a hard time selling start-ups.

The New York Times reports that the Fed is trying to narrow the spread between consumer and business lending rates and Treasuries.