Media Digest (10/5/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

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Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters)

Bernanke says the U.S. economy is close to the flat line. (Reuters)

New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters)

Boehner says a China currency manipulation bill is a dangerous step in the relationship with the Asian nation. (Reuters)

Morgan Stanley’s (NYSE: MS) Roach says the U.S. will have a mild recession. (Reuters)

Samsung and HTC may take sales because of a lack of new features in the new iPhone. (Reuters)

Goldman Sachs (NYSE: GS) and Allen & Co. prepare financial reports for potential bidders for Yahoo! (NASDAQ: YHOO). (Reuters)

EU officials to file objections to the NYSE Euronext (NYSE: NYX) deal with Deutsche Boerse. (Reuters)

Justice Department and New York State file fraud charges against Bank of NY Mellon (NYSE: BK) for currency trading irregularities. (Reuters)

Airlines forced to cut costs to the bone and charge for more services. (WSJ)

Nissan to build a new plant in Brazil. (WSJ)

Orders for U.S. factory goods fall in August. (WSJ)

Private sector lenders probably will have to take larger write-downs on Greek debt. (WSJ)

Boeing (NYSE: BA) says sales of jets in North America to rise 41% through 2030. (WSJ)

Yum! Brands (NYSE: YUM) profits rise due to sales in China. (WSJ)

Walt Disney (NYSE: DIS) to offer more of its older titles in 3D. (WSJ)

Office leasing slows in Q3. (WSJ)

More large banks in the EU admit losses on Greek debt will be in the billions. (NYT)

Morgan Stanley lobbies Wall St. about its prospects as its shares fall. (NYT)

The price of gas drops a penny a day over the past four weeks. (NYT)

EU ministers plan to get capital to banks that have faltered due to the debt crisis. (FT)

Democrats push a tax on millionaires harder as they try to settle budget issues. (FT)

Brazil’s economy expected to slow considerably. (FT)

TechAmerica says the U.S. lost 115,800 tech jobs last year. (Bloomberg)

Douglas A. McIntyre