Media Digest (1/7/2013) Reuters, WSJ, FT, Bloomberg

Research from the Association of Foreign Investors in Real Estate (AFIRE) shows that the United States is a favored place to put money into commercial properties. (Reuters)

Sharp says its calendar fourth-quarter results were better than expected. (Reuters)

Air France-KLM quickens its conversations to buy Alitalia. (Reuters)

Information from the Graduate Management Admission Council shows MBA salaries have not grown recently. (WSJ)

Banks are close to a $10 billion deal with the government over foreclosure practices. (WSJ)

December car sales fall in Japan. (WSJ)

Oprah’s OWN is set to add six new shows. (WSJ)

Hostess is close to selling off its major brands. (WSJ)

Liberty Media Corp. (NASDAQ: LMCA) will take control of Sirius XM Radio Inc. (NASDAQ: SIRI). (WSJ)

Exxon Mobil Corp. (NYSE: XOM) will spend $14 billion to develop the Hebron oil field off the east coast of Canada. (WSJ)

Microsoft Corp.’s (NASDAQ: MSFT) Xbox faces stiff competition as it moves beyond games to being an entertainment device. (WSJ)

Chip company Nvidia Corp. (NASDAQ: NVDA) will release its own game platform. (WSJ)

China Investment Corp. has an interest in a large investment in Daimler. (FT)

France may drop its 75% tax on incomes of the wealthy. (FT)

Profits at handset firm HTC drop to an eight-year low as sales contract. (Bloomberg)