Media

Media Digest (9/1/2011) Reuters, WSJ, FT, Bloomberg

IMF head Lagarde shows independence from Europe in many of her decisions. (Reuters)

The Justice Department sues to block AT&T (NYSE: T) buyout of T-Mobile. (Reuters)

Sony’s (NYSE: SNE) tablet PCs to be priced at $499 and $599, making it harder for them to challenge sales of the Apple (NASDAQ: AAPL) iPad. (Reuters)

A new lawsuit says Microsoft (NASDAQ: MSFT) tracks customer behavior without consent. (Reuters)

Japan regulators back merger of the LCD businesses of Sony, Toshiba and Hitachi (NYSE: HIT). (Reuters)

In an agreement with New York State, Goldman Sachs (NYSE: GS) to end robo-signing. (WSJ)

New data shows the rebound of the German economy continues. (WSJ)

Bank of New York’s (NYSE: BK) board pushes out CEO Robert P. Kelly. (WSJ)

Brazil’s central bank makes an unexpected rate cut. (WSJ)

Facebook adds new music services. (WSJ)

Apple criticized for its environmental practices in China. (WSJ)

The U.S. wastes as much as $60 billion on contracts during the Iraq and Afghanistan wars. (WSJ)

Banks working on T-Mobile deal buyout could lose $150 million in fees. (WSJ)

Switzerland greatly cuts the size of its stimulus package. (WSJ)

Eurozone inflation flat in August. (WSJ)

UnitedHealth (NYSE: UNH) buys a partnership of 2,300 doctors in California. (WSJ)

SEC seeks comments about the use of derivatives by mutual funds. (WSJ)

IMF and eurozone economists fight over bank balance sheet projections. (FT)

August junk bond deals at their lowest since 1995. (FT)

Sony says access to content will make its tablet PCs more attractive to consumers. (Bloomberg)

Douglas A. McIntyre

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