PRESS DIGEST – New York Times business news – April 11

April 11 (Reuters) – The following were the top stories in
The New York Times business pages on Monday. Reuters has not
verified these stories and does not vouch for their accuracy.

* A lawsuit sheds new light on one of Wall Street’s oldest
problems – whether banks treat their clients’ money with the
same care that they treat their own.

* NYSE Euronext announced it would reject an
unsolicited takeover bid by its rival, the Nasdaq OMX Group Inc
, and the IntercontinentalExchange Inc ,
primarily over antitrust concerns. The decision is likely to set
off a battle over the Big Board operator between Deutsche Boerse
(DB1Gn.DE: Quote, Profile, Research) and Nasdaq and ICE.

* As Research in Motion prepares to introduce its
first tablet computer, doubts about its future are great. Some
analysts suggest that RIM has lost its momentum and may now be
heading downward, much like Palm, which in better days was
expected to rub out the then-fledgling RIM.

* As Katie Couric and the network negotiate how to end her
five-year run as anchor of “CBS Evening News,” interviews show
that her hiring was part of a larger experiment to lift the
newscast’s ratings.

* Twenty years on, Comedy Central is still the TV leader in
comedy, its endurance the result of talent-spotting and
demographic marketing.

* Housing groups have united in opposition to rules that
include requiring servicers to improve processing systems and to
stop foreclosing while negotiating to modify a loan.

* Instead of heading to television and movies, many young
entertainers are now going to small production start-ups that
specifically make video for the Web.

* Computing has shifted to phones, but the leading maker of
processors has not. Now Intel Corp is trying to catch
up to Qualcomm Inc , Nvidia Corp and Marvell
Technology Group Ltd .

* The bids for the Warner Music Group suggest that
some people think a record company could still be a good
investment. Warner’s board is expected to review the offers and
make its decision as early as this week, according to two people
apprised of the talks who spoke on the condition of anonymity
because the negotiations were confidential.
(Compiled by Tenzin Pema; Bangalore Equities Newsdesk +91 80
4135 5800; within U.S. +1 646 223 8780)

PRESS DIGEST – New York Times business news – April 11