Media Digest (3/7/2013) Reuters, WSJ, Bloomberg

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Rainbow Flag

Time Warner Inc. (NYSE: TWX) will spin off its Time Inc. publishing unit. (Reuters)

The National Transportation Safety Board will release a report on Boeing Co. (NYSE: BA) 787 Dreamliner battery problems. (Reuters)

Carl Icahn buys shares in Dell Inc. (NASDAQ: DELL), which is in the midst of a buyout battle. (Reuters)

A committee of Dell's board says a leveraged buyout is the best way to give shareholders value. (Reuters)

Transportation Secretary Ray LaHood indicates that his department needs more data to clear the 787 Dreamliner for flight. (WSJ)

Hewlett-Packard Co. (NYSE: HPQ) has considered an offer for Dell. (WSJ)

Dallas Fed President Richard Fisher says Washington politics caused the slow economic growth. (WSJ)

China begins to work more on expanding its 4G networks. (WSJ)

Walt Disney Co. (NYSE: DIS) shareholders reject a plan to separate the chairman job from that of the chief executive officer. (WSJ)

General Motors Co. (NYSE: GM) will sharply increase mileage of its cars in the next three years by cutting weight. (WSJ)

More large companies raise cash, in many cases to grow through M&A. (WSJ)

Facebook Inc. (NASDAQ: FB) will release a redesign to keep users on the site and help improve ad revenue. (WSJ)

Google Inc. (NASDAQ: GOOG) encourages European Union regulators to fine Microsoft Corp. (NASDAQ: MSFT) for not complying with agreements over its Internet Explorer browser. (WSJ)

S&P raises its outlook on Portugal to Stable on news of the country's budget plans. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: BA, DELL, DIS, FB, featured, GM, GOOG, HPQ, MSFT, TWX