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Media Digest (8/23/2012) Reuters, WSJ, NYT, FT, Bloomberg

The Federal Reserve signals it may ease monetary policy as early as next month. (Reuters)

HSBC China PMI estimates hit a multimonth low at 47.8, down from 49.3 in July. (Reuters)

Hewlett-Packard Co.’s (NYSE: HPQ) loss widens on a write-down of consulting firm EDS. (Reuters)

The FTC approves the Facebook Inc. (NASDAQ: FB) buyout of Instagram. (Reuters)

The Congressional Budget Office says the fiscal cliff could cause a 2013 recession. (Reuters)

The SEC will not vote on money market regulation after the agency’s chief lost key support. (WSJ)

Citigroup Inc. (NYSE: C) asks regulators to reject the Nasdaq OMX Group Inc. (NASDAQ: NDAQ) settlement plans for the Facebook IPO catastrophe. (WSJ)

Deutsche Telekom’s (NYSE: DT) T-Mobile to launch an unlimited data plan. (WSJ)

Key EU officials warn Greece that time has run out for a restructuring plan to get it more aid. (WSJ)

Honda Motor Co. (NYSE: HMC), Ford Motor Co. (NYSE: F) and General Motors (NYSE: GM) will sell new sedans to compete with Toyota Motor Corp.’s (NYSE: TM) Camry. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) will begin to offer vaccinations for infectious diseases in addition to influenza and pneumonia as it presses further into individual health. (WSJ)

Qantas cancels $8.5 billion in new jets from Boeing Co. (NYSE: BA). (WSJ)

China increases its rare earth export quota. (WSJ)

Germany appears to favor some concessions in a bailout of Greece. (NYT)

Chinese interests make $8 billion of acquisitions in the United States in 2012. (FT)

Germany’s Federal Statistics Office confirms GDP growth of 0.3% in Q2. (Bloomberg)

LG begins mass producing screens expected to be used for the new Apple (NASDAQ: AAPL) iPhone. (Bloomberg)

Douglas A. McIntyre

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