Media Digest (12/13/2012) Reuters, WSJ, NY Times
December 13, 2012 by Douglas A. McIntyre
The European Central Bank will have new authority over Europe’s banks. (Reuters)
The U.S. Immigration and Customs Enforcement agency, which said it would use some Apple Inc. (NASDAQ: AAPL) products, will test the new Research In Motion Ltd. (NASDAQ: RIMM) BlackBerry 10. (Reuters)
Reuters data show that most consumer electronics buyers are drawn to Apple products over those of rivals. (Reuters)
Google Inc.’s (NASDAQ: GOOG) map app will be available on the iPhone. (Reuters)
AMR creditors would like to see an all-stock merger with US Airways Group Inc. (NYSE: LCC). (Reuters)
The National Council on Teacher Quality blames states for much of the $325 billion shortfall in teacher pensions. (WSJ)
Barclays PLC (NYSE: BCS) will cut as many as 2,000 investment banker jobs. (WSJ)
The value of Dish Network Corp.’s (NASDAQ: DISH) cellular network goes from $3 billion to $12 billion as the government approves its new use as portable device network. (WSJ)
India notifies Wal-Mart Stores Inc. (NYSE: WMT) that it is being investigated for violating some of the nation’s laws. (WSJ)
Berkshire Hathaway Inc. (NYSE: BRK-A) will buy back shares because Warren Buffett believes they are cheap. (WSJ)
Caterpillar Inc. (NYSE: CAT) is the latest company to say it will pay a dividend early to avoid possible new taxes next year. (WSJ)
Facebook Inc. (NASDAQ: FB) simplifies its privacy policies. (WSJ)
Google makes searching for pornography more difficult. (WSJ)
OPEC will maintain its current output ceiling. (WSJ)
Europe’s airlines are in contentious negotiation with unions to cut workers as a means to avoid losses. (WSJ)
Verizon Communications Inc. (NYSE: VZ) and Coinstar Inc.’s (NASDAQ: CSTR) Redbox will start an online video streaming service. (WSJ)
Avon Products Inc. (NYSE: AVP) to leave the South Korea and Vietnam markets. (WSJ)
Solar City cuts the price of its initial public offering. (NYT)
Douglas A. McIntyre
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