Media Digest 5/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   Bears control the dollar because of concerns about the deficit and heal of the US economy.

Reuters:   Crunch time looms for the GM (GM) and Chrysler restructurings.

Reuters:   The US is cracking down on corporate bribes.

Reuters:   Green shouts may be showing but the G8 says the crisis is not over.

Reuters:   Chrysler dealers vow to fight to the finish.

Reuters:   Twitter is considering a move into the TV business.

Reuters:   India’s Bhati and South Africa’s MTN are planning a merger.

Reuters:   Lehman’s US and UK operations are at odds over bankruptcy plans

Reuters:   Rio Tinto (RTP) says it deal with Chinalco is still evolving.

Reuters:   Nokia (NOK) is rolling out an app store to compete with Apple’s (AAPL).

Reuters:   Krugman says the world economy is stabilizing.

Reuters:   The continuing drop in corporate profits means more job losses.

WSJ:   More small firms are dropping healthcare.

WSJ:   The number of securities analysts is shrinking making it harder for public companies to get coverage.

WSJ:   Companies are vying for US money to support development of better battery power.

WSJ:   eBay (EBAY) is still having trouble keeping it core auction business growing.

WSJ:   Twitter has 32 million users but no revenue model.

WSJ:   European investors are buying up corporate debt.

WSJ:   VW and BYD may team up on electric cars.

WSJ:   Rio Tinto (RTP) and Nippon Steel have agreed on ore prices.

WSJ:   Mortgage modifications are failing to halt defaults.

WSJ:   Tech stocks are putting zest into the IPO market.

WSJ:   Madison Avenue is flirting with 3D ads.

WSJ:   A Taiwan firm will sell Google (GOOG) Android-based phones in China.

WSJ:   A true recovery in the housing market means prices must move back up.

WSJ:   New rules will reopen China’s IPOs.

NYT:   Europe is refusing to reduce the number of protected workers at car companies, hurting competitiveness.

NYT:   States and municipalities want the US to back their bonds.

NYT:   TV networks are launching record numbers of sitcoms.

NYT:   A wwll-known German economist believes that global growth will start again next year.

FT:   Obama has been urged to curb “buy American” measures in some legislation.

FT:   German will soon say who the winner is in the bid for Opel.

FT:   China Mobile (CHL) will debut a Google (GOOG) Android-based phone.

Bloomberg:   JPMorgan (JPM) got a $29 billion windfall by converting WaMu bad loans into income.

Bloomberg:   Porsche’s $24 billion in options profits is in trouble as VW fights a merger.

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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