Media Digest (11/8/2011) Reuters, WSJ, NYT, FT, Bloomberg

Olympus says it concealed losses for decades. (Reuters)

Italy’s sovereign debt interest rates rise sharply. (Reuters)

Toyota’s (NYSE: TM) profits fall and it withdraws its full-year forecast. (Reuters)

Greece cannot decide on its new prime minister. (Reuters)

New Census Bureau data shows 49 million people in the U.S. live in poverty. (Reuters)

Barnes & Noble (NYSE: BKS) launches a new version of its NOOK e-reader. (Reuters)

Experts find a bug in Apple’s (NASDAQ: AAPL) app software. (Reuters)

Google’s (NASDAQ: GOOG) chairman says his company will not favor Motorola Mobility (NYSE: MMI) as its develops new software. (Reuters)

Societe Generale’s results hurt by Greece. (WSJ)

Dynegy’s (NYSE: DYN) holding company files for Chapter 11. (WSJ)

Johnson Associates says Wall St. bonuses will drop sharply this year. (WSJ)

Vodafone (NYSE: VOD) lifts its guidance. (WSJ)

The State Department may have improperly handled hearings on a pipeline to run from Canada to the U.S. (WSJ)

A drop in home prices may hurt the consumer economy in China. (WSJ)

Best Buy (NYSE: BBY) will move out of some international markets to focus on the U.S. (WSJ)

Dish Network (NASDAQ: DISH) may move into the internet TV market. (WSJ)

The SEC defends a $285 million settlement with Citigroup (NYSE: C) over fraud charges. (WSJ)

More people use the Walmart (NYSE: WMT) bank as traditional financial firms charge higher fees. (NYT)

The crisis in Europe prompts a tightening of bank lending in the U.S. (FT)

U.S. regulators increase their investigation of MF Global. (FT)

Banks begin to sell sovereign bonds that could make the eurozone crisis worse. (Bloomberg)

Douglas A. McIntyre