Media Digest (5/2/2013) Reuters, WSJ, NYT, FT, Bloomberg


Lehman Bros. sues Intel Corp. (NASDAQ: INTC) over $1 billion in seized collateral. (Reuters)

Glencore continues to push to buy Xstrata. (Reuters)

Facebook Inc.'s (NASDAQ: FB) mobile business shoots up in the first quarter. (Reuters)

Industrial giant Siemens A.G. (NYSE: SI) lowers forecasts based on a weakening economy. (Reuters)

Royal Dutch Shell PLC (NYSE: RDS-A) CEO Peter Voser to retire next year. (WSJ)

The Federal Reserve will continue its $85 billion a month bond buying, encouraged in part by low global inflation. (WSJ)

Federal regulators want banks to hold higher levels of capital to guard against unexpected, negative events. (WSJ)

Ford Motor Co. (NYSE: F) says it will increase production of its flagship F-150. (WSJ)

Talks about Lenovo buying the International Business Machines Corp. (NYSE: IBM) server group end. (WSJ)

The home price increase trend in China picks up. (WSJ)

Management of Google Inc.'s (NASDAQ: GOOG) YouTube say audience has increased to one billion unique users who watch six billion hours of video a month. (WSJ)

The Defense Department will give security approvals to some Samsung devices and the Apple Inc. (NASDAQ: AAPL) iPhone and iPad. (WSJ)

CBS Corp. (NYSE: CBS) profits are helped by Super Bowl advertising. (WSJ)

Eastman Kodak files to leave bankruptcy. (WSJ)

Boeing Co. (NYSE: BA) hopes to get approval of the 777 for longer range service. (NYT)

Research firm IDC reports tablet sales surged in the first quarter, while PC sales dropped, and the market share of Apple's iPad fell. (FT)

BMW's results beat expectations. (Bloomberg)

Filed under: 24/7 Wall St. Wire, Press Digest Tagged: AAPL, BA, CBS, F, FB, GOOG, IBM, INTC, RDS-A, SI