Media Digest 11/12/2010 Reuters, WSJ, NYT, FT, Bloomberg

EU officials tried to reassure capital markets about Ireland’s viability. (Reuters)

Yahoo ! (NASDAQ: YHOO) said a report it would lay of 20% of staff was “misleading.” (Reuters)

Newsweek and The Daily Beast will merge. (Reuters)

Oil fell $2 on concerns about the eurozone. (Reuters)

Twitter has linked users to the Apple (NASDAQ: AAPL) music social network. (Reuters)

Activision (NASDAQ: ATVI) said the first day sales of game Black Ops broke a record. (Reuters)

Walmart (NYSE: WMT) will not comment on a bid for Matahari.

The Administration will set up an agency headed by an online privacy watchdog. (WSJ)

An agency which investigates dangerous chemicals said its look into the Deepwater Horizon disaster was block by other federal agencies. (WSJ)

Northrup Grumman will move out of shipping and concentrate on high-tech military equipment as it prepares for defense budget cuts. (WSJ)

G20 leaders deferred decision on economic imbalances until next year. (WSJ)

Top IMF officials raised concerns about trade agreements among G20 nations and the forecasts for economic recovery (WSJ)

A Presidential panel on the deficit may suggest that new laws raise taxes on the rich. (WSJ)

Boeing (NYSE: BA) said that a fire on the 787 came from an electrical panel. (WSJ)

A Presidential panel on the deficit would set new policies to improve corporate competitiveness in foreign trade. (WSJ)

Apple’s (NASDAQ: AAPL) iAd business has helped competition as its raises awareness of the handset ad market. (WSJ)

The US and South Korea failed to  reach an agreement on trade. (WSJ)

The National Association of Realtors said home prices fell in half of all major US markets in the third quarter compared with last year. (WSJ)

The FDA pays consultants millions of dollars of fees to help clear out backlogs of drug approval while Congress attacks the program. (WSJ)

China’s inflation brought into question whether the government had lost some of its control over the economy. (WSJ)

GM plans to increase it stake in a van manufacturing venture partly owned by SAIC. (WSJ)

GE (NYSE: GE) will buy 25,000 electric cars. (WSJ)

Airbus will warn about electric problems on some of its planes. (WSJ)

Johnson & Johnson (NYSE: JNJ) may enter the huge blood thinning drug market. (WSJ)

Siemens upped its earnings forecasts. (WSJ)

Walmart (NYSE: WMT) will ship some online orders for free. (WSJ)

Barnes & Noble (NYSE: BKS) will begin to sell toys. (WSJ)

MetLife (NYSE: MET) may move out of the long-term care market. (WSJ)

Some companies involved in the mortgage crisis have begun to redefine “safe” loans. (WSJ)

OPEC raised its 2011 oil demand projection. (WSJ)

The UK will tape calls of  traders to detect illegal activity. (NYT)

Europe said it is ready to help Ireland. (NYT)

The Shanghai market fell 5% on concerns about bank tightening. (FT)

Obama will seek an accord on long-term tax rates. (FT)

The G20 agreed to an economic early warning system to detect sovereign financial problems. (Bloomberg)

A poll of global investors said it expects an Ireland debt crisis (Bloomberg)

Germany’s economic growth slowed from its recent rapid pace. (Bloomberg)

Douglas A. McIntyre