Media Digest 7/14/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   Riots in China show the nation is in flux.

Reuters:   The US is considering mortgage aid for the unemployed.

Reuters:   The June budget gap was $94 billion.

Reuters:   Rattner stepped down from the auto task force.

Reuters:   The spy probe of Rio Tinto (RTP) workers in China grew.

Reuters:   A new consumer agency won’t cause bank fee hikes.

Reuters:   Exxon (XOM) plans investing in making fuel from algae.

Reuters:   Goldman Sachs (GS) execs sold $700 million in stock.

Reuters:   Lawmakers want more information on the Bank of America (BAC) deal to buy Merrill Lynch.

Reuters:   Facebook employees were allowed to sell some stock, valuing the company at $6.5 billion.

Reuters:   Ford (F) and GM rejected $80 billion in bonuses for Visteon management.

WSJ:   The US is in advanced talks to save CIT (CIT).

WSJ:   Fortress is in complex negotiations over $1.5 billion in loans.

WSJ:   Starwood made a bid for Corus.

WSJ:   The EU may step up pay curbs.

WSJ:   The EU plans a major new gas pipeline.

WSJ:   Dell (DELL) says PC sales are still soft.

WSJ:   The US is looking at aid to the auto supply sector.

WSJ:   McGraw-Hill (MGP) may sell BusinessWeek.

WSJ:   Microsoft (MSFT) will offer software online.

WSJ:   Google (GOOG) is betting on online software.

WSJ:   The $1 trillion deficit is complicating Obama’s objectives.

WSJ:   The UK may be slow to sell its shares in major banks.

WSJ:   China is concerned about banks making loans that encourage easy credit and perhaps cause inflation.

WSJ:   The SEC is looking into practices at credit rating firms.

WSJ:   Shares in Goldman Sachs (GS) and JPMorgan (JPM) may be over-bought.

WSJ:   A much-need shake-out in the magazine industry in on the way.

WSJ:   Honda (HMC) will expand its hybrid line-up.

WSJ:   GM played down a bid for Opel from a Chinese auto firm.

WSJ:   Video game maker Take-Two (TTWO) cut forecasts.

WSJ:   Burger King (BKS) is killing plans for a $1 hamburger.

NYT:   Some airline carriers may not survive.

NYT:   Bing has brought credibility to Microsoft’s (MSFT) search efforts.

NYT:   China may be protecting its wind and solar energy businesses from outside competition.

NYT:   The job growth in healthcare is expected to be strong.

NYT:   South Korea says a trade deal with Europe is near.

FT:   In the US, weeds are growing with green shoots.

FT:   The sale of McGraw-Hill’s (MGP) BusinessWeek may bring only $1.

Bloomberg:   The credit default swap market is being investigated by the Justice Department.

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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