Media Digest (1/12/2012) Reuters, WSJ, NYT, FT, Bloomberg
January 12, 2012 by Douglas A. McIntyre
Olympus may partner with Samsung. (Reuters)
RBS cuts 3,500 investment bank jobs. (Reuters)
RealtyTrac reports that foreclosures reached a four-year low in 2011. (Reuters)
International Monetary Fund senior executive Lipton sees no hard landing in China. (Reuters)
Microsoft (NASDAQ: MSFT) will delay it web TV plans. (Reuters)
The FCC may ask TV broadcasters to return unused spectrum so it can be auctioned to wireless carriers. (Reuters)
LG’s handset numbers rise in Q4 and the company says it will continue to invest in its wireless division. (Reuters)
Eastman Kodak (NYSE: EK) faces trouble with pension money it owes in the UK. (Reuters)
Raymond James (NYSE: RJF) will buy Morgan Keegan. (Reuters)
An oversupply of natural gas pushes prices to historic lows. (WSJ)
Carlyle’s three founders earned more than $400 million last year. (WSJ)
More senior bankers leave Goldman Sachs (NYSE: GS). (WSJ)
CIT (NYSE: CIT) will no longer finance loans to Sears Holdings (NASDAQ: SHLD) suppliers. (WSJ)
Emerging market nations step up their activity as they sell more bonds. (WSJ)
The Environmental Protection Agency releases a list of plants that emit the most greenhouse gases. (WSJ)
Food prices in India fall. (WSJ)
The Fed Beige Book says holiday sales helped the economy at the end of last year. (WSJ)
President Obama to propose tax cuts for companies that bring jobs back from overseas. (WSJ)
Economists surveyed by the Wall Street Journal say Europe is the greatest threat to U.S. expansion. (WSJ)
Daniel Alegre, Google’s (NASDAQ: GOOG) chief in Asia, says the company will press for more market share in China. (WSJ)
Coca-Cola (NYSE: KO) finds an unapproved fungicide in orange juice products. (WSJ)
Hotels establish a booking site to compete with Priceline (NASDAQ: PCLN). (WSJ)
Industry researchers Gartner and IDC say PC shipments fell in the past quarter. (WSJ)
Chevron (NYSE: CVX) says its fourth-quarter results were weak. (WSJ)
News Corp. (NYSE: NWS) may make a bid for the LA Dodgers. (WSJ)
Archer Daniels Midland (NYSE: ADM) will cut 1,000 jobs. (WSJ)
Coors Light passes Bud as the number two beer in the U.S. (WSJ)
Ford (NYSE: F) will introduce new models to try to salvage Lincoln. (WSJ)
The Commodity Futures Trading Commission tightens rules for swaps activity. (WSJ)
The eurozone will be challenged again as members refinance billions of dollars of debt early this year. (NYT)
Fannie Mae and Freddie Mac to announce programs to extend the mortgage payments of the unemployed. (NYT)
EU oil refiners cut ties with Iran. (FT)
China’s consumer inflation falls to 4.1%. (FT)
The head of Fiat says car makers must merge. (FT)
A move to safety cuts Treasury yields below 2%. (FT)
German December inflation slowed. (Bloomberg)
Delhaize Group, which owns Food Lion, will cut 5,000 jobs around the world. (Bloomberg)
Italy and Spain to offer 17 billion euro in debt sales. (Bloomberg)
Douglas A. McIntyre
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