Media Digest (9/21/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Oracle (NASDAQ: ORCL) posts strong earnings due to corporate IT strength. (Reuters)

Federal Reserve probably will ease monetary policy to help a struggling economy. (Reuters)

GM’s (NYSE: GM) labor deal will create some jobs but keep the company’s overall cost base for workers low. (Reuters)

Facebook searches for a media executive to create deals with music and other content companies. (Reuters)

Japan’s export numbers are worse than expected. (Reuters)

Manchester United’s IPO is delayed. (Reuters)

The Justice Department will not give data about the AT&T (NYSE: T) merger with T-Mobile because of confidential information related to the government’s suit against the phone company. (Reuters)

Economists and housing experts expect the home market to remain weak for years. (WSJ)

U.S. holiday sales expected to be weak, according to the International Council of Shopping Centers and ShopperTrak. (WSJ)

The rebound in commercial property values begins to falter. (WSJ)

A number of Google (NASDAQ: GOOG) rivals to push the government’s antitrust investigation. (WSJ)

The IMF cuts its global growth forecast for 2012 to 4%. (WSJ)

Brazil says Europe must “save itself.” (WSJ)

ECB officials think Europe will avoid a double-dip recession. (WSJ)

Banks stop funding more risky PE and LBO deals. (WSJ)

More companies rent out roof space to solar firms. (WSJ)

Republicans urged the Federal Reserve to do nothing with monetary policy. (NYT)

GM to develop electric cars with Chinese companies. (NYT)

Microsoft (NASDAQ: MSFT) raises its dividend by 25%. (FT)

Facebook creates an information ticker to help users access media. (FT)

UK consumer confidence falls. (Bloomberg)

U.S. probe of News Corp. (NYSE: NWS) expands into a bribery investigation. (Bloomberg)

Google and Oracle patent talks have made no progress as a lawsuit looms. (Bloomberg)

Douglas A.McIntyre