Media Digest (2/5/2012) Reuters, WSJ, NYT, FT, Bloomberg

Media summariesThe United States begins a lawsuit against McGraw Hills Companies Inc.'s (NYSE: MHP) S&P for its role in the mortgage-backed paper debacle. (Reuters)

BP PLC's (NYSE: BP) fourth-quarter profits are strong though it faces civil suits in the U.S. over the Gulf oil spill. (Reuters)

Boeing Co. (NYSE: BA) requests that the FAA allow the 787 be allowed to fly. (Reuters)

Virgina Media Inc. (NASDAQ: VMED) says Liberty Global Inc. (NASDAQ: LBTYA) approached it about a buyout. (Reuters)

International Business Machines Corp. (NYSE: IBM) moves into the low price server range. (Reuters)

Dell Inc. (NASDAQ: DELL) is close to a board vote on an LBO by Michael Dell and other parties. (Reuters)

Yum! Brands Inc. (NYSE: YUM) profits are hurt by its Chinese operations. (WSJ)

The average household spent $2,912 on gas last year - about 4% of total earnings before taxes. (WSJ)

The Super Bowl draws 108.4 million people, the third largest audience in TV history. (WSJ)

A political scandal in Spain and a bank scandal in Italy hit European markets. (WSJ)

The Energy Department is the target of hackers. (NYT)

China's central bank moves $72 billion into money markets because of demand for cash ahead of the country's new year holiday. (FT)

Indonesia's GDP growth reached 6.2% last year. (FT)

The European Central Bank will sharply increase staff as it takes a larger role in European Union finances. (FT)

A gain in apps for Google Inc.'s (NASDAQ: GOOG) Android hurts Apple Inc.'s (NASDAQ: AAPL) former advantage in the business. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BA, BP, DELL, GOOG, IBM, LBTYA, MHP, VMED, YUM
Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.