Media Digest (12/11/2012) Reuters, WSJ, NY Times, FT, Bloomberg

December 11, 2012 by Douglas A. McIntyre

HSBC Holdings PLC (NYSE: HBC) pays a $1.92 billion fine to the U.S. government to settle a money laundering probe. (Reuters)

The cost of outside products necessary to run Apple Inc. (NASDAQ: AAPL) hardware has grown expensive. (Reuters)

OPEC is likely to keep production around current levels. (Reuters)

Twitter launches a photo program as a challenge to Facebook Inc. (NASDAQ: FB). (Reuters)

The United States will sell the last of its shares in American International Group Inc. (NYSE: AIG). (Reuters)

Exxon Mobil Corp. (NYSE: XOM) believes that North America will be an energy exporter by 2025. (WSJ)

The EPA will consider whether come Ford Motor Co. (NYSE: F) cars get worse gas mileage than they claim after a Consumer Reports study. (WSJ)

Intel Corp. (NASDAQ: INTC) will try to increase its presence in mobile chips. (WSJ)

Bank of England Governor Mervyn King warns of a risk of currency wars. (WSJ)

DirecTV (NASDAQ: DTV) increases some fees for regional sports programming. (WSJ)

The head of AMR, parent to American Airlines, says he expects a decision about a merger with US Airways Group Inc. (NYSE: LCC) soon. (WSJ)

Delta Air Lines Inc. (NYSE: DAL) will reach a deal soon to buy 49% of Virgin Atlantic. (WSJ)

Morgan Stanley (NYSE: MS) may begin to buy back shares once government restrictions to do so end. (WSJ)

More experts express concerns about the Boeing Co. (NYSE: BA) 787 after several mechanical failures. (NYT)

A National Intelligence Council report says the U.S. will no longer be the world’s largest economy in 2030. (FT)

Buying of American Eagle coins increases as people add bullion after the election. (FT)

Weak Spanish banks have hurt the efforts of builders to increase business outside the country. (Bloomberg)

Douglas A. McIntyre

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