Media Digest 8/17/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The GM IPO is about to be filed.

Reuters:   Several members of the Senate want the FCC to push ahead with its own internet rules and not rely on Google (NASDAQ: GOOG)

Reuters:   AOL (NYSE: AOL) will launch 500 local sites this year.

Reuters: Nielsen plans a $2 billion IPO

WSJ:   Voters will back tough deficit reduction.

WSJ:   A judge will not accept a $75 million settlement between the government and Citigroup (NYSE:C)

WSJ:   The Fed says that banks have begun to ease credit standards.

WSJ:   Toyota (NYSE: TM) has begun to reconsider its pedal design.

WSJ:   The Fed has begun to crack down on predatory mortgage lending.

WSJ:   The WTO want the EU to remove trade tariffs on tech equipment.

WSJ:   Three quarters of the BP spill could still be in the Gulf

WSJ:   THe RIM (NASDAQ: RIMM) Blackberry Torch is not making money.

WSJ:  China  was a net seller of US debt in June

NYT:   Retailers are working with Shopkick an app that helps shoppers find bargains in stores.

NYT:   Energy costs pushed prices up in Europe.

NYT:   Barclays (NYSE: BCS) agreed to pay $298 million for violating US trade law.

FT:   The number of US homes in arrears on mortgages is growing

Bloomberg:   China is worried about its export dependence.

Bloomberg:   Harvard topped US News rankings.

Douglas A. McIntyre