Media Digest (5/14/2012) Reuters, WSJ, NYT, FT, Bloomberg

Several senior JP Morgan (NYSE: JPM) executives will leave the bank in the wake of its $2 billion trading loss. (Reuters)

Yahoo! (NASDAQ: YHOO) ex-CEO Scott Thompson has thyroid cancer. (WSJ)

Greece will have elections because parties could not form a coalition. (Reuters)

Growth problems in China prompt leaders to look at stimulus actions. (Reuters)

Apple (NASDAQ: AAPL) may buy TV maker Loewe. (Reuters)

Chesapeake Energy (NYSE: CHK) receives a $3 billion loan to help finances while it sells assets. (Reuters)

LightSquared is likely to file for bankruptcy protection. (WSJ)

A Wall Street Journal panel of economists predicts slow by ongoing growth. (WSJ)

Nissan says the value of the yen will force production out of Japan, (WSJ)

Leaders in Canada look to China for growth as U.S. markets ease. (WSJ)

Facebook, Groupon (NASDAQ: GRPN) and Zynga (NASDAQ: ZNGA) are rapidly buying start-ups. (WSJ)

Carl Icahn invests in Chesapeake Energy. (WSJ)

General Motors’ (NYSE: GM) Europe operation will fight unions over the ability to cut costs. (WSJ)

Walt Disney’s (NYSE: DIS) “The Avengers” leads the box office again over the weekend. (WSJ)

Angela Merkel loses support in elections in a key German state. (NYT)

Avon (NYSE: AVP) may accept a bid from Coty. (FT)

French President Hollande promises to protect jobs just as several large companies prepare to cut them. (Bloomberg)

JP Morgan may fire its entire London trading staff. (Bloomberg)

India inflation rises to 7%. (Bloomberg)

Douglas A. McIntyre