Friday, June 1, 2012

Reuters: Regulatory News: PRESS DIGEST-New York Times business news - June 1

Reuters: Regulatory News
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PRESS DIGEST-New York Times business news - June 1
Jun 1st 2012, 07:22

June 1 | Fri Jun 1, 2012 3:22am EDT

June 1 (Reuters) - The following were the top stories on the New York Times business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy.

* Many companies pay Facebook to generate ads when users click to "like" their brands or reference them in some other way.

* Even after the Stuxnet computer worm became public, President Obama accelerated cyber attacks against Iran that had begun in the Bush administration, temporarily disabling 1,000 centrifuges.

* A cheaper renminbi makes Chinese exports more competitive in overseas markets, but it could worsen trade friction with Europe and particularly the United States.

* Wal-Mart Stores Inc holds its annual meeting Friday, celebrating 50 years in business but also having to deal with shareholder opposition to board members and some corporate policies.

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