Media Digest (8/12/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Retail data becomes the focus of Wall St. (Reuters)

China locates another 22 fake Apple (NASDAQ: AAPL) stores. (Reuters)

The Nikkei drops below the important 9,000 mark. (Reuters)

Brent drops below $108 on demand data. (Reuters)

Apple and Google (NASDAQ: GOOG) may increase competition between each other for tablet PC share. (Reuters)

China pushes the EU to address sovereign debt problems. (Reuters)

Zynga adds fewer members than expected. (Reuters)

Bank of America (NYSE: BAC) meet with senior government officials to answer questions about its balance sheet. (WSJ)

Wide movement in bank stocks may cause more lack of confidence in their health. (WSJ)

Bank of New York Mellon (NYSE: BK) faces more pressure about how it prices currency transactions for clients. (WSJ)

New information from France shows its economic growth has stopped. (WSJ)

Rating agency opinions on defaults have been poorly timed. (WSJ)

Japan forecasts GDP growth of 0.5%. (WSJ)

Demand for the Nintendo 3DS is so poor that the company drops prices. (WSJ)

Google launches games products on its Google+ social network. (WSJ)

Coal demand falls because of use of natural gas and other clean energy alternatives. (WSJ)

Nvidia (NASDAQ: NVDA) earnings soar. (WSJ)

Some EU nations ban short selling. (WSJ)

A survey of economist by the WSJ shows more are concerned about a double dip recession. (WSJ)

Mortgage rates fall again. (WSJ)

Apple has vanquished competition in tablet PCs. (WSJ)

GM (NYSE: GM) to push into Indonesia. (WSJ)

Concern rises that companies with risky debt will go bankrupt. (WSJ)

Small investors begin to leave volatile markets. (NYT)

The largest banks in Europe must refinance $6.7 trillion due in the next two years. (NYT)

Low corn yields will raise prices on products from food to ethanol. (NYT)

EPA rules to result in some plant closings. (NYT)

The SEC wants to know who had early knowledge of the U.S. downgrade. (FT)

Global business confidence falls. (FT)

Bank of America may have trouble selling its CCB investment. (FT)

Venture capitalist reigns in on investment due to risk and lack of IPO demand. (FT)

Nvidia takes market share from Advance Micro Devices (NYSE: AMD). (Bloomberg)

Douglas A. McIntyre