Media Digest (1/29/2013) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Douglas A. McIntyre

Published: January 29, 2013 6:18 am

Yahoo! Inc.’s (NASDAQ: YHOO) revenue rises in the fourth quarter, but only slightly. (Reuters)

Detroit probably will file for bankruptcy. (Reuters)

Nokia Corp. (NYSE: NOK) will put $250 million into venture funds. (Reuters)

Google Inc. (NASDAQ: GOOG) says it will fight to prevent government access to its email customers. (Reuters)

Daimler, Ford Motor Co. (NYSE: F) and Nissan will cooperate on developing fuel-cell cars. (Reuters)

The U.S. government wants Royal Bank of Scotland Group PLC (NYSE: RBS) to plead guilty to criminal charges over interest rate manipulation. (WSJ)

Berkshire Hathaway Inc. (NYSE: BRK-A) and CME Group Inc. (NASDAQ: CME) may buy parts of NYSE Euronext (NYSE: NYX) ahead of its merger with IntercontinentalExchange Inc. (NYSE: ICE). (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) will return to more discount sales, reversing earlier plans. (WSJ)

VMWare Inc. (NYSE: VMW) cuts costs as its sales slow sharply. (WSJ)

Research In Motion Ltd. (NASDAQ: RIMM) will try to recapture corporate customers with its new BlackBerry. (WSJ)

AMR and some of its unions agree to a contract set in case the carrier merges with US Airways Group Inc. (NYSE: LCC). (WSJ)

Japanese regulators have not yet found the source of flaws in the Boeing Co. (NYSE: BA) Dreamliner. (WSJ)

Ford Motor Co. (NYSE: F) continues to have trouble in markets outside the United States. (WSJ)

Royalty payments made to artists from firms that include Spotify and Pandora Media Inc. (NYSE: P) have plunged. (NYT)

Yahoo! shows it could gain ground on Google, based on its earnings report. (FT)

Amazon.com Inc. (NASDAQ: AMZN) begins to use its 188 million customer database to target more ads. (FT)

The European Union may allow Spain a more liberal budget on worry that austerity could further damage its economy. (Bloomberg)

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