Media Digest (11/21/2012) Reuters, WSJ, NYT, FT, Bloomberg

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A patent case between Microsoft Corp. (NASDAQ: MSFT) and Google Inc. (NASDAQ: GOOG) draws to a close. (Reuters)

The European Union and International Monetary Fund fail to reach a deal for a Greek bailout. (Reuters)

A member of Chancellor Merkel’s party says there will be no write-down of Greek debt. (Reuters)

Japan’s exports fall, which increases the odds of a recession. (Reuters)

Google may agree to a tax audit in France. (Reuters)

Bernanke says the Fed will try to push rates lower next year in the face of tax and spending gridlock. (WSJ)

Hostess to liquidate after union talks fail. (WSJ)

News Corp. (NASDAQ: NWSA) may but Simon & Schuster from CBS Corp. (NYSE: CBS). (WSJ)

Oakland and Portland could face trouble at the ports from union disruptions ahead of the holiday season. (WSJ)

The National Labor Relations Board will not stop strikes by Wal-Mart Stores Inc. (NYSE: WMT) workers planned for Thanksgiving weekend. (WSJ)

Airlines improve on-time performance with new programs to speed departures of planes during the holidays. (NYT)

Japan posts a huge trade deficit with China. (FT)

Japan’s exports reach a three-year low. (Bloomberg)

Douglas A. McIntyre

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