Media

Media Digest (9/30/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

The federal government begins to probe the accounting of several Chinese companies. (Reuters)

EU markets to decline more this quarter than in any other since 2008. (Reuters)

Bank of America (NYSE: BAC) to charge debt card fees. (Reuters)

Amazon’s (NASDAQ: AMZN) new Fire tablet raises worry about profit margins and the supply chain. (Reuters)

Facebook faces more pressure over its privacy policies. (Reuters)

Oracle (NASDAQ: ORCL) says the CEO of Autonomy shopped his company around, beginning a battle that could harm Hewlett-Packard (NYSE: HPQ), which plans to buy the smaller company. (Reuters)

The Federal Reserve’s Operation Twist could do more for the financial markets than QE2. (WSJ)

A vote by the German parliament will clear the way for bailout funds the region needs to support weaker economies. (WSJ)

Friendly’s restaurant chain may file Chapter 11. (WSJ)

Leo Apotheker to get $7.2 million severance from HP and Meg Whitman will take $1 salary. (WSJ)

Research In Motion (NASDAQ: RIMM) may have trouble breaking with its old target market of companies. (WSJ)

The index of pending home sales falls again. (WSJ)

The FAA to increase co-pilot training. (WSJ)

The IMF may try to expand its lending power to $1.7 trillion. (WSJ)

Ford (NYSE: F) and General Motors (NYSE: GM) may get back their investment grade ratings from S&P. (WSJ)

The DJIA and S&P 500 could become a joint venture between McGraw-Hill (NYSE: MHP) and CME (NASDAQ: CME). (WSJ)

PIMCO moves out of risky assets and into high-quality investments like emerging-market debt. (WSJ)

The U.S. may sell $22 billion in assets over the next 10 years to raise cash. (NYT)

The inspector general for TARP says that some big banks, like Bank of America and Citigroup (NYSE: C), were pressured to leave the program too soon. (FT)

Toyota (NYSE: TM) and Honda (NYSE: HMC) return to full production for the first time since the Japanese earthquake. (Bloomberg)

IBM’s (NYSE: IBM) market cap rises above Microsoft’s (NASDAQ: MSFT) for the first time since 1996. (Bloomberg)

Douglas A.McIntyre

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