Media Digest (2/28/2013) Reuters, WSJ, NYT, FT, Bloomberg

February 28, 2013 by Douglas A. McIntyre

India increases government spending and raises taxes on the wealthy as a means to improve growth. (Reuters)

Groupon Inc. (NASDAQ: GRPN) shares are pounded after a poor forecast. (Reuters)

Apple Inc. (NASDAQ: AAPL) CEO Tim Cook tells shareholders they should take a long-term view of share value. (Reuters)

U.S. natural gas production should rise for another three decades. (WSJ)

The European Union moves to limit bonuses of senior bankers. (WSJ)

The losses at Royal Bank of Scotland Group PLC (NYSE: RBS) rise sharply, and the bank probably will raise money. (WSJ)

Losses at J.C. Penney Co. Inc. (NYSE: JCP) rise sharply. (WSJ)

Boeing Co. (NYSE: BA) tries to calm its customers in Japan who are concerned about breakdowns in the 787 Dreamliner. (WSJ)

Spain says its deficit fell, primarily because of austerity. (WSJ)

Leap Wireless International Inc. (NASDAQ: LEAP) sells few of the many of the iPhones it ordered. (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-B) will delay Arctic drilling because of equipment problems. (WSJ)

Pandora Media Inc. (NYSE: P) will cap free listening to help offset royalties. (WSJ)

Energy Information Administration data about fuel supplies push down gasoline futures. (WSJ)

Samsung improves security features on its phones to better compete with BlackBerry (NASDAQ: BBRY). (NYT)

The AFL-CIO offers limited endorsement of the Keystone pipeline. (NYT)

A court is told that BP PLC (NYSE: BP) concealed data about infrastructure in its Deepwater Horizon efforts. (FT)

Germany’s unemployment falls, in a sign its economy has recovered. (Bloomberg)

Ads served by Facebook Inc. (NASDAQ: FB) based on browsing habits could hurt Google Inc. (NASDAQ: GOOG). (Bloomberg)

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