Reuters: Regulatory News: PRESS DIGEST-New York Times business news - Aug 21

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PRESS DIGEST-New York Times business news - Aug 21 Aug 21st 2012, 06:00 Tue Aug 21, 2012 2:00am EDT Aug 21 (Reuters) - The following were the top stories on the New York Times business pages on Tuesday. Reuters has not verified these stories and does not vouch for their accuracy. * Despite public support for Mitt Romney, many businessmen and investors are wagering more than rhetoric on the incumbent. * On Monday Apple Inc became the most highly valued public company ever, but Microsoft Corp still holds the record when its 1999 value is adjusted for inflation. * The challenge for Facebook Inc, which is worth just over half of what it was three months ago, is to convince Wall Street that it has a real plan for making money. * The Public Company Accounting Oversight Board said that it had found deficiencies in every audit of brokerage firms that it had reviewed. * In Spain, the time-honored tradition of the caja as a baronial community institution came into conflict with a modern, euro-based banking economy. * The European Central Bank actively sought to discourage reports that it might act far more aggressively to contain borrowing costs for countries like Spain. * Leading bookstore chain Barnes & Noble Inc said it would announce partnerships with "leading retailers" in Britain at a later time. * DreamWorks Animation SKG Inc said on Monday that it had hired 20th Century Fox to distribute its big-budget cartoons, a move that leaves Paramount Pictures with a hole in its pipeline. *(Compiled by Bangalore Equities Newsdesk) Link this Share this Digg this Email Reprints

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