Media Digest (7/4/2011) Reuters, WSJ, NYT, FT, Bloomberg

July 4, 2011 by Douglas A. McIntyre

S&P warned Greece of default risks tied a rescue plan set by French banks (Reuters)

Exxon Mobil (NYSE: XOM) said one of it pipes leaked into a Yellowstone river (Reuters)

The Nikkei hit 10,000 for the first time in two months (Reuters)

Sony (NYSE: SNE) will re-open its PlayStation network in Japan (Reuters)

Prada raised 2.5 billion HK dollars (Reuters)

VW took a majority position in MAN (WSJ)

Japanese scientists made a large rare earth deposit discovery in the Pacific. (WSJ)

The new “Transformers” film for Viacom’s (NYSE: VIA) Paramount brought in a July 4th record $97.4 million. (WSJ)

Car companies are at odds with the Administration over aggressive mileage goals set for 2025 (NYT)

Hsu Fu Chi International, a big China confectioner, may be taken over by Nestle (NYT)

Boeing (NYSE: BA) shipped a 787 Dreamliner to Japan for tests by ANA which was the first company to order the new plane (NYT)

The London Stock Exchange may consider a merger with Nasdaq (NASDAQ: NSQ) (FT)

Tata will increase its investment in product development at Jaguar Land Rover (FT)