Monday, August 20, 2012

Reuters: Regulatory News: PRESS DIGEST-New York Times business news - Aug 20

Reuters: Regulatory News
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PRESS DIGEST-New York Times business news - Aug 20
Aug 20th 2012, 06:12

Mon Aug 20, 2012 2:12am EDT

Aug 20 (Reuters) - The following were the top stories on the New York Times business pages on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

* If Apple prevails in its legal dogfight with Samsung Electronics Co over patents, experts believe its rivals will have a stronger incentive to distinguish their smartphone and tablet products.

* President Obama's response to the housing crisis was deliberately subdued, and some economists believe stronger action could have softened the economic impact.

* Greece's prime minister, Antonis Samaras, is expected to seek an extension for meeting his country's budgetary and reform commitments, but Germany appears reluctant to grant further concessions.

* Apps that can assess data like blood glucose levels, diet and drug regimen - and can be reimbursed by insurance - will soon be prescribed by doctors to help treat patients.

* Fareed Zakaria is among writers who have parlayed their journalism into more lucrative work like writing books and public speaking, but a plagiarism scandal could threaten that image.

* Best Buy plans to name the chief executive of the hospitality company Carlson as its new leader, a person briefed on the matter said late on Sunday, as it said that an olive branch to its discontent founder was rejected.

* Flight attendants at American Airlines accepted the company's contract offer on Sunday, a decision that will help the bankrupt carrier in its efforts to cut labor costs.

* General Motors and Isuzu are recalling more than 258,000 sport utility vehicles in the United States and Canada to fix short circuits in power-window and door-lock switches that can cause fires.

* Victor Poor, a largely self-taught computer engineer who played an early role in the development of one of Intel's first commercial microprocessors, died on Friday in Palm Bay, Florida. He was 79.

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