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

Obama proposes a $447 billion job stimulation package. (Reuters)

Economic problems to be the focus of G7 meetings. (Reuters)

One Super Congress member threatens to quit over concerns about military budget cuts. (Reuters)

Twitter has 100 million active users and another 100 million who rarely used the service. (Reuters)

Concerns about Bernanke’s comments on the economy push stocks lower. (Reuters)

Google (NASDAQ: GOOG) buys Zagat to compete in the local review market. (Reuters)

A large Yahoo! (NASDAQ: YHOO) shareholder pushes for changes on the board. (Reuters)

Nasdaq (NASDAQ: NDAQ) pushes opposition to the NYSE (NYSE: NYX) merger with Deutsche Boerse. (Reuters)

Small business at the center of Obama’s tax cut proposals. (WSJ)

Bank of America (NYSE: BAC) may cut 40,000 jobs. (WSJ)

China’s inflation drops to 6.2%. (WSJ)

Walmart (NYSE: WMT) to bring back layaway plans. (WSJ)

A large patent bill passes the Senate. (WSJ)

Zynga uses behavior targeting to improve revenue. (WSJ)

OECD cuts growth estimates for the U.S. and EU. (WSJ)

Amazon.com (NASDAQ: AMZN) may reach a deal with California on internet taxes. (WSJ)

FDA approves use of anticoagulant drug Xarelto from Johnson & Johnson (NYSE: JNJ) and Bayer AG. (WSJ)

Samsung to use more Microsoft (NASDAQ: MSFT) based tablets as Google Android tablets face legal problems from Apple (NASDAQ: AAPL). (WSJ)

Mortgage rates hit an all-time low of 4.12%. (WSJ)

Fannie Mae and Freddie Mac may settle with regulators over their disclosures of problems with subprime mortgages. (NYT)

Google defends its huge use of electric power. (NYT)

ESPN extends its deal with the NFL for $15.2 billion. (FT)

Different goals of AT&T (NYSE: T) and Deutsche Telekom (NYSE: DT) could hurt efforts to get government approval of the T-Mobile deal. (Bloomberg)

Questions over valuation stall the VW merger with Porsche. (Bloomberg)

Douglas A. McIntyre