Media Digest (11/9/2011) Reuters, WSJ, NYTimes, FT

Greece will announce its new government today. (Reuters)

Inflation in China drops in October. (Reuters)

Olympus investment losses may have gone above $1 billion. (Reuters)

Silvio Berlusconi leaves as prime minister of Italy. (Reuters)

Investors will focus on General Motors’ (NYSE: GM) $20 billion unfunded pension liability as it releases earnings. (Reuters)

Microsoft (NASDAQ: MSFT), Aol (NYSE: AOL) and Yahoo! (NASDAQ: YHOO) set a new advertising sales partnership. (Reuters)

Samsung will invest nearly $34 billion in R&D next year. (Reuters)

An Informa study for the Wireless Broadband Alliance says Wi-Fi hot spots will grow by four times by 2015. (Reuters)

Nvidia (NASDAQ: NVDA) releases new products for tablet PCs. (Reuters)

Yelp hires banks to take it public. (Reuters)

Carlyle Group sharply cuts fees as it tries to raise money for a $$2.3 billion real estate fund. (WSJ)

Investors aggressively sell Italian bonds. (WSJ)

Foreign markets help AB Inbev’s (NYSE: BUD) earnings. (WSJ)

Vivendi makes a bid for EMI. (WSJ)

Fannie Mae wants another $7.8 billion from the government. (WSJ)

The number of U.S. job openings rose to 3.4 million in September from 3.1 million in August. (WSJ)

President Obama approves very limited off-shore drilling. (WSJ)

The State Department may agree to move the Canada-to-U.S. pipeline around a section of Nebraska. (WSJ)

Amylin (NASDAQ: AMLN) and Eli Lilly (NYSE: LLY) kill their diabetes drug partnership. (WSJ)

Adobe (NASDAQ: ADBE) cuts 750 jobs. (WSJ)

Credit Suisse (NYSE: CS) will give the U.S. names of clients who may have evaded taxes. (WSJ)

The FCC wants to expand low-income family access to high-speed internet. (NYT)

The head of HSBC (NYSE: HBC) says Asia faces a shortage of available credit. (FT)

Douglas A. McIntyre

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