Investing

Media Digest (10/2/2012) Reuters, WSJ, NYT, FT, Bloomberg

A court will allow Samsung to sell its Galaxy Tab 10.1 in the U.S. despite efforts by Apple Inc. (NASDAQ: AAPL) to block it. (Reuters)

Germany wants Spain to delay a request for a bailout because the nation may not need the help. (Reuters)

Boeing Co. (NYSE: BA) engineers turn down a contract offer that would extend for four years. (Reuters)

Content companies face the challenge of which mobile platforms they should embrace and which they should reject. (Reuters)

Bank of America Corp.’s (NYSE: BAC) Merrill Lynch plans to steal brokers from Morgan Stanley’s (NYSE: MS) new unit. (WSJ)

Facebook Inc. (NASDAQ: FB) offers advertisers more information about members. (WSJ)

Nissan will build a car that retails for $3,000 to target emerging markets. (WSJ)

The Washington Post Co. (NYSE: WPO) will buy a majority stake in home health care company Celtic Healthcare. (WSJ)

China PC company Lenovo to build computers in the United States. (WSJ)

Municipal bond investors have moved out of “junk” debt because of falling yields. (WSJ)

Some U.S. Senate members have plans to avoid the fiscal cliff. (NYT)

American Express Co. (NYSE: AXP) will refund $85 million to 250,000 customers because it violated federal lending laws. (NYT)

The U.S. Post Office defaults on $5.6 billion in benefits payments. (NYT)

Bank funding costs are now passed on to borrowers, helping financial firm profits. (FT)

The market cap of Google Inc. (NASDAQ: GOOG) is now bigger than Microsoft Corp.’s (NASDAQ: MSFT). (FT)

Tech firm Workday sets an IPO that values the company at $3.8 billion. (FT)

Moody’s reports that Spain’s banks need more capital than regulators claim. (Bloomberg)

Samsung sues Apple over features on the iPhone 5. (Bloomberg)

The top 1% got 93% of income growth in 2010. (Bloomberg)

Douglas A. McIntyre

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