Media Digest (3/1/2012) Reuters, WSJ, NYT, FT, Bloomberg

Statements by Bernanke about the uneven economy push stocks down. (Reuters)

Chinese factory activity grows more than expected in February. (Reuters)

Facebook sets new advertising tools for major marketers ahead of its IPO. (Reuters)

Microsoft (NASDAQ: MSFT) releases Windows 8 for consumer tests. (Reuters)

An alliance between General Motors (NYSE: GM) and Peugeot is meant to cut costs. (Reuters)

Bank of America (NYSE: BAC) may set new fees for its consumer customers. (WSJ)

Mobile companies will offer more limited use of the web in exchange for tiered service. (WSJ)

The International Swaps and Derivatives Association to decide whether Greek CDS instruments will be paid. (WSJ)

Several California cities say they could follow Stockton into Chapter 9. (WSJ)

Cable companies pick up their use of outdoor WiFi. (WSJ)

Activision Blizzard (NASDAQ: ATVI) cuts 600 jobs. (WSJ)

The European Central Bank’s new loan program brings in bank loans worth 530 billion euros. (WSJ)

Wall St. bonuses fell 14% last year. (WSJ)

Problems in the Middle East could press gas to $5. (NYT)

Internet service providers and websites try to speed the pace as which pages load. (NYT)

Export orders help China’s PMI. (FT)

Greece politicians approve welfare cuts as part of the final actions that will trigger bailout dollars. (Bloomberg)

A GM tie up with Peugeot may mean Opel job cuts. (Bloomberg)

Ford’s (NYSE: F) CFO says the company may lose $500 million in Europe this year. (Bloomberg)

Douglas A. McIntyre