Media Digest (9/24/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Germany begins talks to set a permanent bailout fund for Europe as high as 2 trillion euros. (Reuters)

Apple Inc. (NASDAQ: AAPL) asks a court for an additional $707 million from Samsung, along with the ban of several products sold in United States by the South Korean company. (Reuters)

Banks charge more recently on so-called free checking. (WSJ)

Some stock portfolio managers say they will sit out the balance of the year with less money in equities. (WSJ)

Boeing Co. (NYSE: BA) faces high costs as it updates its 777. (WSJ)

Apple sells a number of phones at its own stores while retail partners like AT&T Inc. (NYSE: T) and Sprint Nextel Corp. (NYSE: S) appear to have shortages. (WSJ)

Work slowdowns by disgruntled employees hurt American Airlines customers. (WSJ)

Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer will release her long-term plans this week. (WSJ)

The cost to build the iPhone 5 is slightly higher than it was with past models. (WSJ)

The prime minister of Japan warns China that the dispute between the two nations could hurt outside investment in the People’s Republic. (WSJ)

The ruling government in France wants to make it easier to determine worker hours. (WSJ)

United Parcel Service Inc. (NYSE: UPS) is up against European antitrust regulators as it tries to close a deal to buy TNT Express. (WSJ)

CBS Corp. (NYSE: CBS) gambles that a new show — “Made in Jersey” — will help Friday ratings. (WSJ)

The European Union approves the Universal Music buyout of EMI. (WSJ)

Credit Agricole will need to invest large sums in its Greek operation before it can leave the country. (WSJ)

International investors begin to believe that Spain will get a bailout. (WSJ)

The battle for consumer market share pushes up the cost of content, which hurts profits at Netflix Inc. (NASDAQ: NFLX), Pandora Media Inc. (NYSE: P) and Yelp Inc. (NYSE: YELP). (WSJ)

Apple and Google Inc. (NASDAQ: GOOG) turn to courts to settle some disputes that have stopped Apple from using some Google products. (NYT)

A riot at an Apple supplier Foxconn plant closes the facility. (NYT)

Large data centers that have spread across the nation begin to take up huge amounts of energy in some areas. (NYT)

Congress may set lower rates that copyright holders pay for Internet distribution of content. (NYT)

Ford Motor Co.’s (NYSE: F) Canadian workers approve a new four-year deal. (NYT)

Privacy interests are worried about the new Facebook Inc. (NASDAQ: FB) Datalogix technology, which tracks user behavior. (FT)

BAE may have to give up certain ties with the U.S. government if it merges with EADS. (FT)

French Prime Minister Jean-Marc Ayrault says that the European Union and International Monetary Fund should give Greece more time to set budget cuts. (FT)

Slow growth and problems in Europe could reverse stock market gains. (FT)

Disagreements between Chancellor Angela Merkel and President Francois Hollande could hurt chances for a near-term bailout of weak EU nations. (Bloomberg)

The Ifo index shows German business confidence drops for a fifth month. (Bloomberg)

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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