Media Digest (9/4/2012) Reuters, WSJ, NYT, FT, Bloomberg

Samsung will review 250 suppliers for labor violations. (Reuters)

Oracle Corp. (NASDAQ: ORCL) will ask a court to review copyright damages against SAP A.G. (NYSE: SAP). (Reuters)

Ericsson (NASDAQ: ERIC) is likely to buy Siemens Nokia. (Reuters)

ECB chief Mario Draghi indicates he may begin to buy sovereign paper in the region. (WSJ)

New York State probes tax rates at private equity firms. (WSJ)

Japan's auto sales slow. (WSJ)

Baidu Inc. (NASDAQ: BIDU) releases a mobile web browser. (WSJ)

The nation's huge drought could slow economic growth. (WSJ)

Valeant Pharmaceuticals International Inc. (NYSE: VRX) will purchase Medicis Pharmaceutical Corp. (NYSE: MRX) for $2.6 billion. (WSJ) Inc. (NASDAQ: AMZN), Google Inc.'s (NASDAQ: GOOG) Motorola and Nokia Corp. (NYSE: NOK) all will release phones just ahead of the Apple (NASDAQ: AAPL) iPhone 5 launch. (WSJ)

Labor unions agree to a contract with Hyundai. (WSJ)

The U.S. drought raises beef prices. (WSJ)

More residents of Spain are taking money out of its banks. (NYT)

Large companies such as American Express Co. (NYSE: AXP) and General Motors Co. (NYSE: GM) open offices in Silicon Valley. (NYT)

As the cost of funds in the stronger states in Europe remains low, they have surged among the weaker nations. (FT)

The European Union pressures companies about the rule that 40% of their board seats must be held by women. (FT)

Manufacturing in the United States probably slowed last month. (Bloomberg)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, AMZN, AXP, BIDU, ERIC, GM, GOOG, MRX, NOK, ORCL, SAP, VRX