Investing

Media Digest (10/17/2012) Reuters, WSJ, NYT, FT, Bloomberg

Apple Inc. (NASDAQ: AAPL) supplier Foxconn says an underage worker was used at one of its facilities. (Reuters)

Intel Corp.’s (NASDAQ: INTC) earnings raise more concern about PC sales. (Reuters)

A fight with the Citigroup Inc. (NYSE: C) board of directors causes the exit of Vikram Pandit. (Reuters)

Visa Inc. (NYSE: V) is likely to name a new CEO. (WSJ)

Battery maker A123 Systems (NASDAQ: AONE) files for Chapter 11. (WSJ)

Microsoft Corp. (NASDAQ: MSFT) prices its new Surface tablet at $499. (WSJ)

International Business Machines Corp. (NYSE: IBM) revenue shows clients may be cutting IT budgets. (WSJ)

The U.S. Postal System reaches its $15 billion borrowing cap. (WSJ)

Target Corp. (NYSE: TGT) says it will match prices of e-commerce firms, including Amazon.com Inc. (NASDAQ: AMZN). (WSJ)

Coca-Cola Co.’s (NYSE: KO) earnings will be challenged by a weaker Chinese economy. (WSJ)

The European Union presses Google Inc. (NASDAQ: GOOG) to change its privacy policy for users. (NYT)

Spain moves closer to requesting a bailout. (NYT)

MasterCard Inc. (NYSE: MA) is passing more data it collects to advertisers. (FT)

Apple will launch its iPad mini next week. (FT)

Retirement will be harder for many EU workers. (Bloomberg)

Spain keeps its Moody’s investment grade rating. (Bloomberg)

New management at Citigroup will be likely to cut costs. (Bloomberg)

Douglas A. McIntyre

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