Media

Media Digest (3/19/2012) Reuters, WSJ, NYT, FT, Bloomberg

United Parcel Service (NYSE: UPS) will take over TNT Express for $6.85 billion. (Reuters)

Apple (NASDAQ: AAPL) to announce plans for its $100 billion in cash. (Reuters)

Dell (NASDAQ: DELL) says it can challenge Apple’s tablet market share. (Reuters)

Starbucks (NASDAQ: SBUX) launches its first Evolution Fresh juice bar. (Reuters)

The Treasury will report it made $25 billion on mortgage bonds it bought during the credit crisis. (WSJ)

Wall St. firms to buy foreclosed homes from Fannie Mae. (WSJ)

General Motors (NYSE: GM) and Peugeot will jointly produce two cars. (WSJ)

The economy so far is hurt little by rising oil prices. (WSJ)

Largarde of the International Monetary Fund will not endorse China’s policy for the yuan. (WSJ)

An Indian tax on auto manufacturing will raise car prices and smother sales. (WSJ)

Wireless carriers have to come up with creative solutions as their infrastructures become burdened with customer demand. (WSJ)

Some Chevron (NYSE: CVX) officials in Brazil are detained due to an oil leak. (WSJ)

More analysts believe oil could reach its record high of nearly $150 set in 2008. (WSJ)

Pew Research Center shows that revenue for the news business is shrinking. (NYT)

More game companies give away games and charge for extra features. (NYT)

Bond yields move higher as the economy recovers. (NYT)

Home prices in China begin to fall. (NYT)

The prime minister of Greece expects the economy to start growing in two years. (FT)

S&P 500 earnings are expected to drop in Q1. (FT)

The Stockholm International Peace Research Institute says China has imported fewer arms as it makes more of its own. (Bloomberg)

Douglas A. McIntyre

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