Media Digest (2/22/2012) Reuters, WSJ, NYT, FT, Bloomberg

President Obama may propose a new corporate tax rate. (Reuters)

The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters)

Apple (NASDAQ: AAPL) will hold its annual meeting with the company in the best shape in its history. (Reuters)

China and India to cut imports of Iranian oil. (Reuters)

Ford (NYSE: F) puts $3.8 billion into its pension funds. (Reuters)

Proview Technology will try to stop the sales of iPads in Shanghai as a part of its trademark disagreement with Apple. (Reuters)

The Business Software Alliance attacks Brazil and China for policies that undermine cloud computing. (Reuters)

Shares of Alibaba.com rise on news its parent will go private. (Reuters)

President Obama may drop the corporate tax maximum from 35% to 28% but kill a number of loopholes. (WSJ)

Citigroup (NYSE: C) may have to take a multibillion dollar write-down on its investment in Morgan Stanley Smith Barney. (WSJ)

Comcast (NASDAQ: CMCSA) to launch a competitor to Netflix (NASDAQ: NFLX). (WSJ)

The FHFA’s inspector general attacks legal fees for Fannie Mae and Freddie Mac, which have reached $100 million. (WSJ)

Rural regions have low population growth over the past decade due to a lack of new jobs. (WSJ)

Dunkin’ Donuts (NASDAQ: DNKN) and Starbucks (NASDAQ: SBUX) join the battle for India’s coffee drinkers. (WSJ)

Fitch cuts the rating of JCPenney (NYSE: JCP). (WSJ)

The Research In Motion (NASDAQ: RIMM) PlayBook adds new email applications. (NYT)

Greece has nine days to reach austerity goals. (FT)

PSA Peugeot Citroën and General Motors (NYSE: GM) may set a car-building alliance in Europe. (FT)

Floods in Thailand hurt Dell’s (NASDAQ: DELL) earnings. (FT)

Goldman Sachs (NYSE: GS) cuts its forecast for commodities prices but keeps those for oil and gold high. (Bloomberg)

Data from HSBC (NYSE: HBC) and Markit show contraction in the Chinese manufacturing sector in February. (Bloomberg)

Douglas A. McIntyre