Media Digest (3/21/2013) Reuters, WSJ, FT, Bloomberg

Investing

Published: March 21, 2013 6:46 am

China’s PMI rises, but the improvement is unimpressive. (Reuters)

Cyprus will keep banks closed and may nationalize pension funds. (Reuters)

The Fed will hold interest rates as they are, as Bernanke’s worry about jobs continues. (Reuters)

Blackstone Group L.P. (NYSE: BX) may have approached Mark Hurd, president of Oracle Corp. (NASDAQ: ORCL), about taking over as CEO of Dell Inc. (NASDAQ: DELL). (Reuters)

A hacking attack on South Korea shows how powerful cyber experts in North Korea are. (Reuters)

Google Inc. (NASDAQ: GOOG) says YouTube has one billion active users. (Reuters)

A drop in FedEx Corp. (NYSE: FDX) profits signals that parts of the global economy have not yet recovered. (WSJ)

A slowing in Oracle’s sales pushes down its share price. (WSJ)

Intertrust Technologies sues Apple Inc. (NASDAQ: AAPL) over patent violations. (WSJ)

The U.K. government sharply cuts its GDP growth forecast while staying with austerity plans. (WSJ)

A new challenge for Boeing Co. (NYSE: BA) is to convince passengers its 787 is safe. (WSJ)

U.S. bans keep BP PLC (NYSE: BP) out of bids for Gulf drilling. (FT)

Austerity cuts wages enough in some troubled European Union nations that their workforces have become competitive with those of other nations. (Bloomberg)

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