Media Digest (4/27/2012) Reuters, WSJ, NYT, FT, Bloomberg

S&P downgrades Spain and presses for EU action on debt. (Reuters)

The U.S. economy slows as inventories fall. (Reuters)

The Bank of Japan increases yen purchases to 10 trillion. (Reuters)

U.S. companies worry more about a slowdown in China. (Reuters)

Galaxy smartphone sales push Samsung’s earnings up. (Reuters)

The SEC to examine the well ownership of Chesapeake Energy’s (NYSE: CHK) CEO. (Reuters)

The Kindle Fire drives Amazon.com’s (NASDAQ: AMZN) earnings higher. (Reuters)

The United States hires a well-known prosecutor as it moves closer to antitrust action against Google (NASDAQ: GOOG). (Reuters)

U.S. regulators will more closely examine possible insider trading relationships between Goldman Sachs (NYSE: GS) and Galleon. (WSJ)

Many of the jobs U.S. companies have added recently are outside the U.S. (WSJ)

Bidding wars for homes in some areas return. (WSJ)

The yuan hits a new record high. (WSJ)

The new health bill may cause insurers to issue more than $1 billion in refunds. (WSJ)

Zynga (NASDAQ: ZNGA) says it lost money last quarter. (WSJ)

Starbucks (NASDAQ: SBUX) earnings are helped by overseas and grocery sales. (WSJ)

News Corp. (NASDAQ: NWS) and Walt Disney (NYSE: DIS) buy out part owner of Hulu — Providence Equity Partners — for $200 million. (WSJ)

The Attorney General of Mexico will investigate bribery charges against Walmart (NYSE: WMT). (NYT)

The number of wealthy people in Brazil to double in the next 11 years. (FT)

Spanish Economy Minister Luis de Guindos says the European Union has not approached it about a bailout and that its banks have adequate capital. (Bloomberg)

Daimler earnings rise on Mercedes sales. (Bloomberg)

Spain’s unemployment rate reaches 24.4%. (Bloomberg)

Douglas A. McIntyre