Media

Media Digest (9/12/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Carol Bartz resigns from Yahoo!’s (NASDAQ: YHOO) board. (Reuters)

Lagarde disputes reports of an IMF study that shows a $372 billion capital shortfall among Europe’s banks. (Reuters)

Bank of America’s (NYSE: BAC) CEO will speak on his vision for the bank. (Reuters)

Bank stocks continue to pull down Europe’s stock markets. (Reuters)

WellPoint (NYSE: WLP) and IBM (NYSE: IBM) create a venture to provide electronic medical record services. (Reuters)

Amazon.com (NASDAQ: AMZN) may launch a digital book library. (WSJ)

Procter & Gamble (NYSE: PG) focuses on markets for consumers who want cheap products. (WSJ)

Large banks in France face credit agency downgrades for holding of Greek paper. (WSJ)

A partnership between VW and Suzuki may end. (WSJ)

Advertising spending begins to slow. (WSJ)

Greek government to institute a new property tax to close its budget deficit. (WSJ)

Inflation could badly damage India’s economy. (WSJ)

Cargill recalls more ground turkey products. (WSJ)

High e-book prices boost publisher margins. (WSJ)

Strong BlackBerry demand in Asia lifts Research In Motion’s (NASDAQ: RIMM) sales. (WSJ)

Intel (NASDAQ: INTC) and Microsoft (NASDAQ: MSFT) will try to show they can pick up market share in the mobile markets. (WSJ)

Alibaba begins to increase its business units in China and to enter the U.S. market. (WSJ)

Currencies of nations in emerging markets face sharp sell-offs. (WSJ)

Thai government moves to increase the price of rice. (WSJ)

Hackers succeed at breaking digital security certificates. (NYT)

UK bank reform could cost the industry $10 billion a year. (FT)

Jaime Dimon of JPMorgan Chase (NYSE: JPM) says new bank rules are “anti-American.” (FT)

General Motors (NYSE: GM) plans for Opel to compete in the high end of the market. (FT)

Verizon (NYSE: VZ) will not rule out closer ties to Vodafone (NASDAQ: VOD). (FT)

Fitch lowers its rating of Toyota (NYSE: TM) to A from A+ (Bloomberg)

Douglas A. McIntyre