Media

Media Digest (9/29/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters)

Bernanke says the Fed may have to act if inflation falls below targets. (Reuters)

Amazon.com (NASDAQ: AMZN) may have changed the tablet PC business with the introduction of the Kindle Fire. (Reuters)

General Motors (NYSE: GM) says its new UAW deal will have little effect on earnings. (Reuters)

Samsung says the chip industry will grow slowly next year. (Reuters)

Amazon’s Fire may force makers of Google (NASDAQ: GOOG) Android-based tablets to adapt. (Reuters)

BP (NYSE: BP) may sell some of its assets to Reliance. (Reuters)

Obama health care laws to go before the Supreme Court. (WSJ)

Federal Reserve calls for more regulation of the money market fund industry. (WSJ)

Hewlett-Packard (NYSE: HPQ) hires Goldman Sachs (NYSE: GS) to protect it from activist investors. (WSJ)

Samsung and Microsoft (NASDAQ: MSFT) reach a deal for the former to get licenses essential to its use of Android. (WSJ)

Amazon.com will collect California taxes by 2013. (WSJ)

Johnson & Johnson (NYSE: JNJ) to buy out its share of a joint venture with Merck (NYSE: MRK). (WSJ)

Magazines to form alliances with Amazon.com for the Fire as a way to combat Apple’s (NASDAQ: AAPL) monopoly. (WSJ)

Germany’s inflation rises, which may affect its ability to participate in an EU bailout. (WSJ)

Toyota (NYSE: TM) reports its first production increase since the March earthquake. (WSJ)

The Justice Department wants more information on Google’s buyout of Motorola Mobility (NYSE: MMI). (WSJ)

Boeing (NYSE: BA) talks to Middle East bankers about financing plans that troubled EU banks may be unable to handle. (WSJ)

Citigroup (NYSE: C) says it will return capital to investors in upcoming years. (WSJ)

Some capital market investors have bought Greek bonds despite the high risk. (NYT)

Yale’s endowment rose 22% last year. (NYT)

Hearings over a $7 billion Canadian pipeline pit environmentalists against people who need jobs. (NYT)

SEC investigates mortgage loan practices of RBS (NYSE: RBS) and Credit Suisse (NYSE: CS). (FT)

A Bloomberg survey shows economists believe the Greek situation will get worse and the global economy will slow. (Bloomberg)

Ford (NYSE: F) to add 7,000 jobs in the next two years. (Bloomberg)

Douglas A. McIntyre

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