Media Digest 9/29/1010 Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The panel that will give advice to Obama about the deficit met but experts were concerned that it will offer few concrete answers.

Reuters:   The House may approve a bill aimed that the value of the yuan.

Reuters:   An appeals court will allow stem cell research to continue.

Reuters:   Oil and gold both rose–gold to an all-time high

Reuters:   The US could run out of unique Internet addresses as the number of wireless devices grows,according to the National Telecommunications and Information Administration.

Reuters:   New satellites may help the satellite navigation industry.

Reuters:   Sanofi-Aventis may make a higher bid for Genzyme.

Reuters:   Hertz (NYSE: HTZ) will send its bid for Dollar Thrifty (NYSE: DTR) if it loses a shareholder vote.

WSJ:   A WSJ poll shows the Tea Party movement has gained power.

WSJ:   The SEC report on the flash crash may show that the agency itself played a role.

WSJ:   The war over currency values could spark significant trade disputes.

WSJ:   American International Group (NYSE: AIG) may be close to a plan to cut US ownership to a minority stake.

WSJ:   Johnson & Johnson (NYSE: JNJ) may have had very weak quality control over OTC drugs.

WSJ:   HSBC (NYSE: HBC) will not relocate to Hong Kong.

WSJ:   Hedge fund D.E.Shaw cut 150 jobs.

WSJ:   Barnes & Noble (NYSE: BKS) won a proxy war against Ron Burkle, but the company may still be sold.

WSJ:   China firms that make apps for smartphones face trouble as they try to make profits.

WSJ:   The cost to stream music over the internet is back in court.

WSJ:   Google Inc, (NASDAQ: GOOG) says software companies may develop tools to help people with everyday life.

WSJ:   India will launch a plan to identify all 1.2 million of its citizens.

WSJ:   The number of people 25 to 34 years old who are unmarried topped those who are married for the first time.

WSJ:   Ireland faces the challenge of  financially supporting the Anglo Irish Bank.

WSJ:   Consumer confidence in Germany rose according to research group GfK.

WSJ   The EU may place sanctions on governments that build up public debt.

WSJ:   The Bank of Japan tankan survey showed the nation’s big companies are insecure about the economy.

WSJ:   Campbell will replace its CEO.

WSJ:   The FDA put into place new rules to get drug-makers to supply more safety information.

WSJ:   Caterpillar (NYSE: CAT) will build a new plant in China.

WSJ:   CBS (NYSE: CBS) took the top spot in audience size at the start of the new season.

NYT:   Nintendo says it 3DS will launch in February.

NYT:   A block in the shipment of rare earth products from China may hurt the Japanese economy.

NYT:   Borders will open 25 temporary stores for the holidays.

FT:   BP plc (NYSE: BP) sold $3.5 billion in bonds.

FT:   Retail investors have increased investment in junk bonds.

Bloomberg:   There will be a general strike in Spain to protest austerity moves.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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