Media Digest 5/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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newspaperAccording to Reuters, Obama says his healthcare programs will save billions.

Reuters reports that AIG (AIG) expects a long restructuring process.

Reuters writes that Soros says the economic downturn trend is easing.

Reuters reports that the US plans to make its antitrust policy tougher.

Reuters reports that GMAC could get $7.5 billion from the US government next week.

Reuters said a Fed official wants government support of the financial industry rolled back because it encourages excessive risk.

Reuters reports that China in confident about its economic upturn.

Reuters reports that the US found the Intel (INTC) committed antitrust violations.

The Wall Street Journal reports that investors are increasing risk by putting money into stocks of emerging markets.

The Wall Street Journal writes that GM (GM) has hired a search firm to build a new board.

The Wall Street Journal writes that China car makers are adding luxury lines.

The Wall Street Journal reports that bullish hedge funds have done well this year.

The Wall Street Journal reports that stocks are no longer cheap.

The Wall Street Journal reports that activist investor Ackerman will make a case for changes on Target’s (TGT) board.

The Wall Street Journal reports that medical healthcare providers have pledge to help save $2 trillion over the next decade.

The Wall Street Journal reports that satellite firm DigitalGlobe will go public.

The Wall Street Journal reports that solar power is facing difficult times.

The Wall Street Journal reports that cellphones are moving into the market for lower end customers.

The Wall Street Journal reports that challenges will effect China’s growth.

The Wall Street Journal writes that network demand is hurting the performance of the Apple (AAPL) iPhone.

The Wall Street Journal reports that investors in Blockbuster (BBI) are looking for its revenue to stabilize.

The Wall Street Journal reports that many financial markets are still on US life support and cannot function normally on their own.

The Wall Street Journal reports that hedge funds are showing rare public outrage toward Obama and his plans to more carefully regulate the industry.

The Wall Street Journal reports that the problem of deflation still exists.

The Wall Street Journal reports that rising government bond yields are hurting efforts to raise money for stimulus packages and deficits.

The Wall Street Journal reports that the number of quant funds has been cut by the rally.

The Wall Street Journal reports that rising credit card losses are the next challenge for banks.

The New York Times reports that China is emerging as the leader in clean coal technologies.

The New York Times reports that VCs are putting more money into companies that improve the efficiency of energy.

The New York Times reports that ad troubles are putting pressure on TV news.

The New York Times reports that the economy is forcing branded food companies to offer more value.

The New York Times reports that newspapers are reporting their decline but TV news rarely does the same about itself.

The FT reports that Wells Fargo (WFC) expects strong earnings to fill much of the deficits that stress tests found.

The FT reports that the WSJ is preparing a micro-payment system to charge for individual articles.

The FT reports that hedge funds are cutting fees to investors.

The FT reports that Intel (INTC) faces huge fines from the EU over antitrust violation.

The FT reports that low supply is moving prices for coffee and sugar up.

The FT reports that Venezuela oil output could hit a 20-year low.

Bloomberg reports that analysts are turning bearish on the S&P 500.

Bloomberg reports that a cult of common equity is hurting the chance of bank consolidation.

Bloomberg writes that China’s bank lending is cooling.

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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