Media Digest (10/21/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Slow sales of Windows keeps Microsoft’ s (NASDAQ: MSFT) revenue low. (Reuters)

The Murdoch family will face voters angered about the UK paper hacking scandal at today’s annual meeting. (Reuters)

Greece’s parliament votes for austerity measures despite huge street protests. (Reuters)

Germany and France remain at odds about an EU bailout. (Reuters)

The owners of Saab turn down a takeover offer from China interests. (Reuters)

A new study finds no link between cellphone use and cancer. (Reuters)

The Federal Reserve likely will begin more easing. (WSJ)

Disputes that go back to the credit crisis harm relationships between Bank of America (NYSE: BAC) and AIG (NYSE: AIG). (WSJ)

Alibaba seeks U.S. partners to buy Yahoo! (NASDAQ: YHOO). (WSJ)

The Environmental Protection Agency will regulate fracking water waste. (WSJ)

The European Commission wants to ban sovereign debt ratings during the region’s crisis period. (WSJ)

The Institute of International Finance says EU problems have caused bank trouble in emerging markets. (WSJ)

China’s subsidies may make it harder for outside companies to compete with People’s Republic firms. (WSJ)

Ford (NYSE: F) says its UAW deal will raise labor costs less than 1% per year over the four-year contract. (WSJ)

Strong sales of low-end phones help Nokia’s (NYSE: NOK) numbers. (WSJ)

AT&T’s (NYSE: T) numbers hurt by people who waited until this quarter to buy the new Apple (NASDAQ: AAPL) iPhone 4S. (WSJ)

General Electric’s (NYSE: GE) wind turbine business hurts results. (WSJ)

Walmart (NYSE: WMT) cuts some health care benefits. (NYT)

Eastman Kodak’s (NYSE: EK) move into ink cartridges does not help results. (NYT)

Merkel says she needs more time to help set a bailout plan for the region. (FT)

Private investors may be asked to take larger-than-expected write-downs on Greek bonds. (Bloomberg)

S&P says France likely will lose its Aaa rating. (Bloomberg)

Douglas A. McIntyre