Media Digest (1/17/2012) Reuters, WSJ, FT, Bloomberg

YouTube logoThe head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters)

The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it has more mechanical problems. (Reuters)

Traditional PC companies build thin laptops to compete with the wave of successful tablets. (Reuters)

Nokia Corp. (NYSE: NOK) will fire 1,000 IT employees. (Reuters)

EBay Inc. (NASDAQ: EBAY) earnings rise above estimates as its mobile business does well. (Reuters)

Private equity firm Silver Lake raises $15 billion for a Dell Inc. (NASDAQ: DELL) takeover. (Reuters)

New rules will force banks to do more to help people with homes likely to go into foreclosure. (WSJ)

China no longer has the cheapest factory labor in Southeast Asia, which could hurt its exports. (WSJ)

Carl Icahn buys shares in HerbaLife Ltd. (NYSE: HLF). (WSJ)

Car companies do more to target the post-baby boomer generations. (WSJ)

The CEO of AMR says American Airlines is on a good path to emerge from Chapter 11. (WSJ)

AT&T Inc. (NYSE: T) may buy a wireless company in Europe to diversify its interests. (WSJ)

The Fed Beige Book shows economic improvement in all sectors of the economy. (WSJ)

Potential buyers may have approached Hewlett-Packard Co. (NYSE: HPQ) about buyouts of Autonomy and EDS. (WSJ)

Chipotle Mexican Grill Inc. (NYSE: CMG) says rising food prices will hurt margins. (WSJ)

Japan, India and Europe join the United States in stopping flights of the Boeing 787 so that it can be inspected for mechanical problems. (FT)

China's investment in infrastructure helps businesses emerge from a slow period. (Bloomberg)


Filed under: 24/7 Wall St. Wire, Press Digest Tagged: BA, CMG, DELL, EBAY, HLF, HPQ, NOK, RIO, T

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