Media

Media Digest (5/31/2012) Reuters, WSJ, NYT, FT, Bloomberg

Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters)

Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters)

JP Morgan (NYSE: JPM) to restructure its CIO division. (Reuters)

The FTC will turn to top legal talent as it takes on Google (NASDAQ: GOOG). (Reuters)

A software license trial will drive a wedge between once-close companies Hewlett-Packard (NYSE: HPQ) and Oracle (NASDAQ: ORCL). (WSJ)

Kayak Software to delay its IPO because of the troubled Facebook (NASDAQ: FB) deal. (WSJ)

The United States sets tariffs on Chinese wind turbine towers. (WSJ)

European Commission officials suggest that the eurozone set up a “banking union” to bail out regional financial firms; Germany objects. (WSJ)

Walmart (NYSE: WMT) presses its position as an honest company at a meeting with international employees. (WSJ)

Strikers against Caterpillar (NYSE: CAT) reject the firm’s new employment offer. (WSJ)

New approvals from the People’s Republic make it more likely Apple (NASDAQ: AAPL) can sell its latest iPad in China. (WSJ)

Oil prices drop to a seven-month low. (WSJ)

EU leaders believe a bailout of Spain will buckle its funds for the rescue of troubled economies. (NYT)

German, UK and U.S. bond yields reach new lows as money makes a flight to safety. (FT)

More officials want Spain to investigate the collapse of Bankia. (FT)

India’s GDP grows at only 5.3%, its worst showing in nine years. (FT)

Brazil cuts interest rates to record lows to stimulate its economy. (FT)

Trials between Samsung and Apple will begin at the ITC. (Bloomberg)

Gold will have its worst monthly drop in 13 years. (Bloomberg)

Douglas A. McIntyre

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