Media Digest (9/10/2012) Reuters, WSJ, NYT, FT, Bloomberg

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General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters)

J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. (Reuters)

China posts weak trade data as imports fall. (Reuters)

Amazon.com Inc. (NASDAQ: AMZN) will allow Kindle borrowers to pay a fee so they do not get ads on their machines. (Reuters)

Microsoft Corp. (NASDAQ: MSFT) tells European Union officials it will meet requirements for its browsers set down by the European Commission. (Reuters)

Alibaba claims it will have more transaction value than Amazon.com and eBay (NASDAQ: EBAY) Inc. (Reuters)

The United States will cut its ownership in American International Group Inc. (NYSE: AIG). (WSJ)

Toys"R"Us will sell its own tablet. (WSJ)

Plains Exploration & Production Co. (NYSE: PXP) may buy some BP PLC (NYSE: BP) Gulf of Mexico assets for $7 billion. (WSJ)

French President Hollande sets tough austerity programs and higher tax plans. (WSJ)

Inspectors for the European Union say some Greek budget cuts are not acceptable. (WSJ)

ArcelorMittal (NYSE: MT) reaches agreement with some of its unions. (WSJ)

Installations of solar units with China components rise sharply. (WSJ)

Germany's top court will decide whether the nation's participation in certain EU bailout funds is constitutional. (WSJ)

Chinese banks often roll over loans to extend credit to shaky projects and companies. (WSJ)

Construction in China drops to lows rarely posted since 2002. (NYT)

Google Inc. (NASDAQ: GOOG) has renewed its e-commerce effort against Amazon.com. (NYT)

Analysts expect earnings improvement to be negative in the current quarter. (FT)

U.K. business confidence plunges. (Bloomberg)

Deutsche Bank A.G.'s (NYSE: DB) new CEOs will release their plans for the big financial firm. (Bloomberg)

Douglas A. McIntyre


Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AIG, AMZN, BP, C, DB, EBAY, GM, GOOG, JPM, MSFT, MT, PXP
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