Media Digest (11/12/2012) Reuters, WSJ, NYT, FT, Bloomberg


Groupon Inc. (NASDAQ: GRPN) is in increasing trouble as its business falls. (Reuters)

Wal-Mart Stores Inc. (NYSE: WMT) employees will pay more for their medical coverage, and some will chose not to use it at all. (Reuters)

Apple Inc. (NASDAQ: AAPL) and HTC settle patent claims. (Reuters)

Alibaba's net income rises twofold in its second quarter. (Reuters)

The Securities and Exchange Commission will not charge any individuals in its mortgage fraud case against J.P. Morgan Chase & Co. (NYSE: JPM). (WSJ)

The Greek parliament passes austerity legislation. (WSJ)

The NYSE Euronext Inc. (NYSE: NYX) takes IPO market share from Nasdaq OMX Group Inc. (NASDAQ: NDAQ). (WSJ)

Japan has a 3.5 % drop in gross domestic product in the third quarter. (WSJ)

Hurricane Sandy may hurt progress in the U.S. economy, but rebuilding could help in 2013. (WSJ)

India's growth will slow to 6% as its government focuses on growth. (WSJ)

Marillyn Hewson will become CEO of Lockheed Martin (NYSE: LMT) after a scandal brought down the original candidate. (WSJ)

Microsoft Corp. (NASDAQ: MSFT) and Google Inc.'s (NASDAQ: GOOG) Motorola will go to court over whether they should share certain technology. (WSJ)

China shuts down most Google services in that country. (WSJ)

General Motors Co. (NYSE: GM) is close to buying assets of Ally for $4 billion. (WSJ)

European Union leaders may not give Greece more aid until a new report on its budget is issued. (NYT)

The fate of the United States to Canada Keystone XL pipeline will force President Obama to chose between jobs and the environment. (FT)

After a patent settlement with HTC, Apple will increase its pressure on Samsung, (FT)

Hertz Global Holdings Inc. (NYSE: HTZ) will sell counters to competitors to get its Dollar Thrifty Automotive Group Inc. (NYSE: DTG) deal approved. (Bloomberg)

Douglas A. McIntyre

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, DTG, GM, GOOG, GRPN, HTZ, JPM, LMT, MSFT, NDAQ, NYX, WMT