Media Digest (11/29/2012) Reuters, WSJ, NYT, FT, Bloomberg
November 29, 2012 by Douglas A. McIntyre
Deloitte and KPMG are sued for their parts in the Hewlett-Packard Co. (NYSE: HPQ) buyout of Autonomy. (Reuters)
Samsung launches a Google Inc. (NASDAQ: GOOG) Android-based camera in Japan. (Reuters)
Steve Ballmer of Microsoft Corp. (NASDAQ: MSFT) defends the company’s innovation track record and financial results. (Reuters)
Federal Reserve notes show the bank will buy bonds well into 2013. (WSJ)
Exxon Mobil Corp. (NYSE: XOM) runs short on oil and gas reserves. (WSJ)
U.S. car companies expect 2012 growth to continue next year. (WSJ)
The U.S. government stops setting contracts with BP PLC (NYSE: BP) because of “lack of business integrity” tied to Deepwater Horizon. (WSJ)
General Motors Co. (NYSE: GM) and its Chinese partner will build a new commercial truck plant in the People’s Republic. (WSJ)
Lenovo creates products to try to gain share from Apple Inc. (NASDAQ: AAPL) and Samsung in China. (WSJ)
The European Union will offer $48 billion in eurozone capital to bail out Spanish banks. (WSJ)
Slow growth in China and Europe’s recession hurt car sales outside the United States. (WSJ)
United Airlines continues to lose money and have labor problems two years after a merger with Continental to form United Continental Holdings Inc. (NYSE: UAL). (NYT)
Treasury Secretary Tim Geithner will be at the heart of the Obama administration’s effort to lobby Congress on fiscal cliff negotiations. (FT)
Moody’s cuts Hewlett-Packard’s rating to Baa1. (FT)
Japan’s retail sales fall in October as car sales falter. (Bloomberg)
Douglas A. McIntyre
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