Media Digest: Reuters, WSJ, NYT, FT, Bloomberg

Investing

Douglas A. McIntyre

Published: May 24, 2013 6:29 am

Procter & Gamble Co. (NYSE: PG) fires CEO Bob McDonald and brings back A. G. Lafley. (Reuters)

Google Inc. (NASDAQ: GOOG) may face antitrust investigations by the U.S. government. (Reuters)

Carl Icahn may raise $7 billion to support his effort to buy Dell Inc. (NASDAQ: DELL) (Reuters)

Google and Facebook Inc. (NASDAQ: FB) may compete to buy satellite firm Waze. (Reuters)

Sprint Nextel Corp. (NYSE: S) and Softbank receive the state regulatory approval needed for the Japanese company to buy 70% of the American one. (Reuters)

The U.S. government sets a deal for Chinese companies to provide auditors access to some of their finances. (WSJ)

Dish Network Corp. (NASDAQ: DISH) moves closer to getting $9 billion to finance its possible buyout of Sprint. (WSJ)

Sears Holdings Corp. (NASDAQ: SHLD) posts an unexpected loss. (WSJ)

After a drop in sales due to territorial disputes, Chinese consumer purchases of Japanese cars pick up. (WSJ)

Gap Inc.’s (NYSE: GPS) earnings support belief in a huge turnaround. (WSJ)

AT&T Inc. (NYSE: T) puts a new charge on wireless customers that could add half a billion dollars to its revenue. (WSJ)

Twitter will sell ads to people who are watching programs on TV related to tweets. (NYT)

Goldman Sachs Group Inc. (NYSE: GS) will create a committee to monitor its relationships with customers. (FT)

Official numbers for German GDP growth in the first quarter confirm a previous estimate of 0.1% as construction activity tampers off. (Bloomberg)

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