Media Digest (8/15/2012) Reuters, WSJ, NYT, FT, Bloomberg


Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters)

The New York Times Company (NYSE: NYT) names BBC General Director Mark Thompson as CEO. (Reuters)

Peugeot is in a battle over closing a plant in Europe. (Reuters)

Fannie Mae and Freddie Mac increase efforts to get banks to buy back bad mortgages. (Reuters)

At a patent trial, Samsung will claim Apple Inc. (NASDAQ: AAPL) copied some of its technology. (Reuters)

Several large retailers, including Target Corp. (NYSE: TGT) and Wal-Mart Stores Inc. (NYSE: WMT), will set up a "Merchant Customers Exchange" to take on Google Inc.'s (NASDAQ: GOOG) mobile payments system. (WSJ)

Facebook Inc. (NASDAQ: FB) management sets plans to sell huge advertisers on its effectiveness as a marketing tool. (WSJ)

Greece sells $5 billion in 13-week notes to save it from default. (WSJ)

Liberty Media Corp. (NASDAQ: LMCA) increases its ownership of Sirius XM Radio Inc. (NASDAQ: SIRI) (WSJ)

Investors move money out of China and its currency due to worries about the nation's growth. (WSJ)

Spanish banks borrow huge sums from the European Central Bank. (WSJ)

Consumer price indexes may be hurt by rising costs of homes and rental properties. (WSJ)

Walmart receives Chinese government approval to become the controlling shareholder of Chinese e-commerce company Yihaodian. (NYT)

Greece requests a two-year extension to set austerity measures. (FT)

Research In Motion Ltd. (NASDAQ: RIMM) to release its BlackBerry 10 OS in the next week. (FT)

Standard Chartered must still face an investigation from federal officials now that it has settled with New York regulators. (Bloomberg)

John Paulson and George Soros increased their gold holdings last quarter. (Bloomberg)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, FB, GOOG, LMCA, NYT, RIMM, SIRI, TGT, WMT