Media Digest 6/22/2009 Reuters, WSJ, NYTimes, FT, Bloomberg.

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   Airlines are cutting back on first class seating.

Reuters:   Xstrata wants merger talks with mining rival Anglo American.

Reuters:   Employers are cutting 401 (K) plans.

Reuters:   Brand loyalty is being hurt by the recession.

Reuters:   The children of baby boomers may help the US housing market.

Reuters:   A manufacturing survey predicts a 2010 hiring rebound.

Reuters:   The Fed is looking at revamping the repo market.

Reuters:   Soros said the worst of the global recession is over.

Reuters:   Some Chinese business are facing the issues of morals versus profits.

WSJ:   Some data suggest weakness ahead in the stock market.

WSJ:   Siemens (SI) expects $21 billion dollars in orders from governments cutting energy costs.

WSJ:   US homebuilders are weathering the recession due favorable land deals.

WSJ:   The Fed will start to look at how it will begin to move out of the position it has taken to help the economy.

WSJ:   Jack Welch is putting his name on an online university.

WSJ:   The Nortel asset sale has set a low bar for the value of its businesses.

WSJ:   Shell discovered a massive gas field.

WSJ:   Large investors are shifting to index funds.

WSJ:   The recession is driving companies like Oracle (ORCL), SAP (SAP), and HP (HPQ) to sel more software online.

WSJ:   The new Apple (AAPL) iPhone caused long lines.

WSJ:   The NYSE (NYX) will take a position in the Qatar exchange.

WSJ:   Boutique firms are raiding big rivals.

WSJ:   Lobbyists are pushing the interest of banks trying to avoid new regulations (BAC)(C)(JPM)(WFC)(MS)(GS).

WSJ:   Many companies will not restore jobs cuts from the recession.

NYT:   Small car makers are benefiting from problems in Detroit.

NYT:   The Washington Post (WPO) readers were concerned that some content only appeared online.

NYT:   Investors are trying to turn phones into virtual credit cards.

NYT:   Google (GOOG) is starting to use Wikipedia for some of its news searches.

NYT:   Radbox is stating to take NetFlix (NFLX) business.

NYT:   T-Mobile is set to unveil a new Google phone.

FT:   The pay of bankers is moving up in an effort to keep employees>

FT:   Drug makers gave the Obama health plan a boost.

FT:   Swiss banks are on a crossroads on the secrecy issue (CS)(UBS).

Bloomberg:   The World Bank cut its global forecast citing trouble in poor countries.

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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