Media Digest (9/24/2012) Reuters, WSJ, NYT, FT, Bloomberg

September 24, 2012 by Douglas A. McIntyre

Germany begins talks to set a permanent bailout fund for Europe as high as 2 trillion euros. (Reuters)

Apple Inc. (NASDAQ: AAPL) asks a court for an additional $707 million from Samsung, along with the ban of several products sold in United States by the South Korean company. (Reuters)

Banks charge more recently on so-called free checking. (WSJ)

Some stock portfolio managers say they will sit out the balance of the year with less money in equities. (WSJ)

Boeing Co. (NYSE: BA) faces high costs as it updates its 777. (WSJ)

Apple sells a number of phones at its own stores while retail partners like AT&T Inc. (NYSE: T) and Sprint Nextel Corp. (NYSE: S) appear to have shortages. (WSJ)

Work slowdowns by disgruntled employees hurt American Airlines customers. (WSJ)

Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer will release her long-term plans this week. (WSJ)

The cost to build the iPhone 5 is slightly higher than it was with past models. (WSJ)

The prime minister of Japan warns China that the dispute between the two nations could hurt outside investment in the People’s Republic. (WSJ)

The ruling government in France wants to make it easier to determine worker hours. (WSJ)

United Parcel Service Inc. (NYSE: UPS) is up against European antitrust regulators as it tries to close a deal to buy TNT Express. (WSJ)

CBS Corp. (NYSE: CBS) gambles that a new show — “Made in Jersey” — will help Friday ratings. (WSJ)

The European Union approves the Universal Music buyout of EMI. (WSJ)

Credit Agricole will need to invest large sums in its Greek operation before it can leave the country. (WSJ)

International investors begin to believe that Spain will get a bailout. (WSJ)

The battle for consumer market share pushes up the cost of content, which hurts profits at Netflix Inc. (NASDAQ: NFLX), Pandora Media Inc. (NYSE: P) and Yelp Inc. (NYSE: YELP). (WSJ)

Apple and Google Inc. (NASDAQ: GOOG) turn to courts to settle some disputes that have stopped Apple from using some Google products. (NYT)

A riot at an Apple supplier Foxconn plant closes the facility. (NYT)

Large data centers that have spread across the nation begin to take up huge amounts of energy in some areas. (NYT)

Congress may set lower rates that copyright holders pay for Internet distribution of content. (NYT)

Ford Motor Co.’s (NYSE: F) Canadian workers approve a new four-year deal. (NYT)

Privacy interests are worried about the new Facebook Inc. (NASDAQ: FB) Datalogix technology, which tracks user behavior. (FT)

BAE may have to give up certain ties with the U.S. government if it merges with EADS. (FT)

French Prime Minister Jean-Marc Ayrault says that the European Union and International Monetary Fund should give Greece more time to set budget cuts. (FT)

Slow growth and problems in Europe could reverse stock market gains. (FT)

Disagreements between Chancellor Angela Merkel and President Francois Hollande could hurt chances for a near-term bailout of weak EU nations. (Bloomberg)

The Ifo index shows German business confidence drops for a fifth month. (Bloomberg)

Douglas A. McIntyre

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