Media Digest (10/14/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

When the G20 meets, the focus will be on the EU crisis. (Reuters)

Google’s (NASDAQ: GOOG) Q3 numbers kill concerns about U.S. ad markets. (Reuters)

JPMorgan (NYSE: JPM) earnings pull down equity markets. (Reuters)

Economic troubles in emerging markets undermine GDP growth in China, Brazil and India. (WSJ)

Hulu stops trying to find a buyer. The company is owned by News Corp. (NYSE: NWS), Walt Disney (NYSE: DIS) and the NBCU division of Comcast (NASDAQ: CMCSA), among others. (WSJ)

Spain’s deficit could cause more problems for EU finances. (WSJ)

Gap (NYSE: GPS) to close 20% of its stores. (WSJ)

Lenovo passes Dell (NASDAQ: DELL) as the world’s number two PC company. (WSJ)

The Pentagon may cut its purchase of large aircraft carriers. (WSJ)

American incomes have dropped since 2000 and are not expected to make up ground until 2021, according to a Wall Street Journal poll. (WSJ)

Another UAW local turns down a proposed contract with Ford (NYSE: F). (WSJ)

China car sales to rise only 3% this year. (WSJ)

The FCC questions AT&T (NYSE: T) about its claim that a T-Mobile buyout could create 96,000 jobs. (WSJ)

The PIMCO Total Return Fund will have a poor return this year. (WSJ)

People with eating disorders fight insurers for benefit coverage. (NYT)

EU banks face new deadlines as the restructure of Greek debt nears. (NYT)

The U.S. will allow BP (NYSE: BP) to bid for drilling rights in the Gulf of Mexico. (NYT)

China’s inflation falls to 6.1% in September. (FT)

S&P cuts Spain’s credit rating. (Bloomberg)

Apple (NYSE: AAPL) iPhone 4S sales may hit 4 million as the handset launches. (Bloomberg)

Google continues to seek deals with record labels for distribution. (Bloomberg)

Portugal plans deeper cuts to reach budget goals. (Bloomberg)

Douglas A. McIntyre