Media Digest 9/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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Reuters:   GM’s IPO road show will begin in November.

Reuters:   Costco’s (NASDAQ: COST) August sales rose 7%.

Reuters:   Apple Inc.’s (NASDAQ: AAPL) iTV is the latest effort to make a web-connected living room.

Reuters:   Baidu (NASDAQ: BIDU) will focus more on mobile search.

WSJ:   Witnesses clashed over the cause of Lehman’s demise.

WSJ:   Sony (NYSE: SNE) will try to compete with iTunes.

WSJ:   The SEC is looking into canceled trades from the day of the “flash crash.”

WSJ:   China will ask cellphone users for their electronic IDs.

WSJ:   Sinochem hired HSBC to look at a bid for Potash (NYSE: POT).

WSJ:   IBM (NYSE: IBM) said it now makes the world’s fastest mainframe.

WSJ:   Petrobras (NYSE: PTR) has agreed to pay Brazil $42 billion to settle an ownership dispute

NYT:   Allergan agreed to pay $600 million to settle charges that it promoted and sold Botox for unapproved uses.

NYT:   The IMF warned large developed nations on their debt levels.

FT:   Outsourcers say the US is producing too few engineers.

FT:   A rise in meat prices may start food price inflation.

Bloomberg:   Shares in stocks of emerging market companies are at an all-time high while they have fallen greatly in the developed world

Douglas A. McIntyre

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