Media

Media Digest (8/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters)

Samsung to delay its tablet launch in the U.S. because of IP lawsuits from Apple (NASDAQ: AAPL). (Reuters)

Google (NASDAQ: GOOG) says its partners for Google TV will rise. (Reuters)

Commercial real estate loans owned by Anglo Irish Bank sold to JPMorgan (NYSE: JPM), Wells Fargo (NYSE: WFC) and Loan Star for $9.5 billion. (Reuters)

Central bankers still concerned that policy making in most nations is unlikely to help address deficit and stimulus problems. (WSJ)

Corporate earnings could slow as the economy falters and spending drops. (WSJ)

Venture-capital firm Kleiner Perkins Caufield & Byers has trouble investing in Web 2.0 companies after its great success in Web 1.0. (WSJ)

China’s central bank to ask financial firms to increase reserves. (WSJ)

Super bugs begin to attack Monsanto’s (NYSE: MON) genetically modified corn. (WSJ)

Walmart (NYSE: WMT) is successful in its digital download business. (WSJ)

A study from Georgetown University’s McDonough School of Business shows that managers play favorites among employees but not based strictly on performance. (WSJ)

Same-store sales for retailers with big back-to-school inventories are expected to be 4.8% but will come at the price of sharp discounts. (WSJ)

A drug from Bristol-Myers Squibb (NYSE: BMY) and Pfizer (NYSE: PFE) shows success in preventing stokes. (WSJ)

U.S. supports pipeline extension by TransCanada (NYSE: TRP). (WSJ)

Biotech IPOs getting more market support. (WSJ)

Losses from Hurricane Irene may hit $7 billion, another challenge to insurer earnings. (NYT)

Finland policies could undermine efforts to bail out Greece. (NYT)

The U.S. posts a trade surplus in solar power. (NYT)

General Electric (NYSE: GE) to produce short films about innovation. (NYT)

Caterpillar (NYSE: CAT) says U.S. policy destroys prospects for big business. (FT)

Profits from China oil firms allow them another large push to gain overseas assets. (FT)

The government cut forecasts for the size of the U.S. corn crop. (FT)

AT&T (NYSE: T) and T-Mobile to invest $100 million in a venture to challenge Google in the portable payment system business. (Bloomberg)

Douglas A. McIntyre

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