Media

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

Italy to vote on sharp budget cuts as the U.S. calls for sharper ones. (Reuters)

The State Department will look for a new route for the Keystone pipeline to satisfy opponents. (Reuters)

Private equity firms may take an initial 20% stake in Yahoo! (NASDAQ: YHOO) and buy the balance later. (Reuters)

Bernanke warns on the dire state of Europe. (Reuters)

Apple (NASDAQ: AAPL) will release software to address short battery life in the iPhone 4S. (Reuters)

Facebook is close to a privacy settlement with the FTC. (WSJ)

Without an economic recovery, the Federal Housing Administration will run out of money. (WSJ)

Starbucks (NASDAQ: SBUX) to sell juice. (WSJ)

Purchases by Walmart (NYSE: WMT) push beef prices higher. (WSJ)

The slowdown in Europe may threaten EU exports. (WSJ)

Libya increases its oil production. (WSJ)

Mario Monti probably will be the next prime minister of Italy. (WSJ)

It may take a long time for the European Financial Stability Facility to raise the trillion dollars plus that it needs. (WSJ)

Shareholders in Olympus want the ousted CEO to return. (WSJ)

Caterpillar (NYSE: CAT) will buy China-based ERA Mining Machinery. (WSJ)

Viacom (NYSE: VIA) says the advertising market has slowed. (WSJ)

Morgan Stanley (NYSE: MS) will be part of a New York State settlement on mortgage foreclosures. (WSJ)

China makes its largest purchase of U.S. cotton in eight years. (WSJ)

Mortgage rates drop below 4%. (WSJ)

Government regulations in China damaged the real estate market in the past few months. (NYT)

Investors use the sale of Italy’s debt as a sign they do not believe in the euro. (NYT)

Regulators will audit more futures firms because of MF Global. (NYT)

Swings in the value of sovereign debt in the eurozone  hurt the power of the ESFS. (FT)

Universal is close to a deal to buy EMI for $1.9 billion. (FT)

The super committee has made little progress on the U.S. deficit. (FT)

Spain’s National Statistics Institute says GDP was flat in Q3. (Bloomberg)

Douglas A. McIntyre

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