Media

Media Digest (4/4/2012) Reuters, WSJ, NYT, FT, Bloomberg

Apartment vacancy rates reach a 10-year low, according to Reis. (Reuters)

Tom Glocer, the departing head of Thomson Reuters (NYSE: TRI), makes $20 million. (Reuters)

China’s premier, Wen Jiabao, says the monopoly of large Chinese banks should end. (Reuters)

Facebook files patent claims against Yahoo! (NASDAQ: YHOO). (Reuters)

Roche presses its bid to takeover Illumina (NASDAQ: ILMN). (Reuters)

Citing sufficient strength in the economy, the Fed says it will stand by and add no stimulus. (WSJ)

Moody’s cuts the credit rating of General Electric (NYSE: GE). (WSJ)

Yahoo! to cut 2,000 jobs. (WSJ)

AT&T (NYSE: T) faces a walkout of 40,000 wireline workers. (WSJ)

Samsung takes a more active role in the mobile ad market. (WSJ)

Eurozone nations continue to cut costs despite concerns this will cause a deeper recession. (WSJ)

U.S. auto sales surge in March as people turn to more fuel-efficient cars. (WSJ)

US Airways (NYSE: LCC) increases its efforts to buy American Airlines parent AMR, which is in Chapter 11. (WSJ)

Burger King to go public again (WSJ)

A study published in the Administrative Science Quarterly says that workers hired from outside a company make more than current workers but perform worse. (WSJ)

Regulators finalize how they will oversee nonbank financial firms. (WSJ)

Regulators are set to fine JP Morgan (NYSE: JPM) for its role in the collapse of Lehman Bros. (NYT)

China moves its cap on foreign investments to $80 billion from $30 billion. (FT)

The departure of James Murdoch from the chairman’s job at BSkyB may allow News Corp. (NASDAQ: NWS) to make a bid for the part of the company its does not own. (Bloomberg)

One million paid TV customers move to the web in 2011. (Bloomberg)

BMW and Mercedes first-quarter sales in the U.S. are almost the same. (Bloomberg)

Douglas A. McIntyre

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