Media Digest (9/14/2012) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: September 14, 2012 6:23 am

The Federal Reserve plans to gamble that QE3 will combat a flagging economy. (Reuters)

Brent crude rises to $117 on the Fed announcement. (Reuters)

The Nintendo Wii U will allow video program lists and recording shows for viewing later. The device launches in the U.S. in November. (Reuters)

Apple Inc. (NASDAQ: AAPL) will not support a new mobile payment standard. (Reuters)

The board of Xstrada is expected to support Glencore’s new bid. (Reuters)

Commercial and industrial loans become a larger part of bank activity. (WSJ)

Goldman Sachs Group Inc. (NYSE: GS) cuts back on recruiting and pay for entry-level analysts. (WSJ)

S&P upgrades its rating of South Korea. (WSJ)

Acer postpones the launch of a new phone that runs on the Alibaba OS. (WSJ)

The U.S. House of Representatives passes a $500 billion spending package to fund the government beyond September. (WSJ)

Apple’s position at the top of the smartphone industry in China continues to erode. (WSJ)

The move by the Fed will make it harder for investors to find relatively safe products with reasonable yields. (WSJ)

Oil companies increase money given to efforts to defeat Obama. (NYT)

Facebook Inc. (NASDAQ: FB) will launch a real-time ad platform. (FT)

Facebook does a better job than Google Inc. (NASDAQ: GOOG) of getting people to click on ads based on browser history. (Bloomberg)

Douglas A. McIntyre

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