Media

Media Digest (6/18/2012) Reuters, WSJ, NYT, FT, Bloomberg

Angela Merkel goes into today’s EU summit at odds with other leaders about regionwide bonds and austerity. (Reuters)

Barclays (NYSE: BCS) pays $453 million to settle a probe on Libor trading. (Reuters)

Google (NASDAQ: GOOG) releases a tablet to compete with Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN). (Reuters)

The new chairman at Chesapeake Energy (NYSE: CHK) will get stock worth $750,000. (Reuters)

The CEO of Deutsche Telekom’s (NYSE: DT) T-Mobile USA division departs. (Reuters)

The board of News Corp. (NASDAQ: NWS) agrees to split the company in half and create a new operation for print media. (WSJ)

The Xstrata and Glencore merger has stalled because of price. (WSJ)

Samsung faces more delays as it releases its flagship Galaxy S III in the United States. (WSJ)

Census data show that cities in the U.S. grew faster than suburbs over the past year. (WSJ)

Delaware may allow online gambling, which is not allowed in any other state. (WSJ)

Fiat plans to increase its stake in Chrysler to 61.9%. (WSJ)

The FDA approves weight-loss drug Belviq made by Arena Pharmaceuticals (NASDAQ: ARNA). (WSJ)

High prices encourage more farmers to plant soybeans. (WSJ)

Airbus may build a plant in Alabama. (NYT)

JP Morgan’s (NYSE: JPM) trading loss may reach $9 billion. (NYT)

Analysts continue to worry about Facebook’s (NASDAQ: FB) earnings over the next several quarters. (FT)

Apple will improve the ability for customers to share music on iTunes. (Bloomberg)

Douglas A. McIntyre

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