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Media Digest (8/2/2011) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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The House approved a debt-ceiling compromise (Reuters)

Fake Ikea stores have been set up in China (Reuters)

Central Falls, RI declared Chapter 9 (Reuters)

Canalys says Google’s (NASDAQ: GOOG) Android has 50% of the global smartphone market because of share in Asia (Reuters)

Google bought DealMap to compete with Groupon and LivingSocial (Reuters)

Two large investors have taken positions in McGraw-Hill (NYSE: MHP) (WSJ)

An increase in gas drilling has created new jobs (WSJ)

Toyota (NYSE: TM) raised its outlook for the year after it posted poor profits (WSJ)

Talbots (NYSE: TLB) may have become a takeover target (WSJ)

Barclay’s (NYSE: BCS) profits fell sharply (WSJ)

Eastman Kodak (NYSE: EK) may sell one of its largest plants (WSJ)

Nursing home stocks are down 30% after Medicare said it could cut rates (WSJ)

The debt deal will probably be a drag on the economy (WSJ)

Federal health laws will make it easier to get birth control (WSJ)

EU unemployment rate for people 15 to 34 is over 20% (WSJ)

EADS will buy satellite company Vizada (WSJ)

Fewer companies offer earnings forecasts because of a weak economy (WSJ)

Junk funds now look for companies that may be upped to investment grade (WSJ)

With the debt ceiling issue settled in Congress, the Federal Reserve may need to act to help the economy (NYT)

S&P must now decide on the U.S. debt rating (FT)

A new investment values Twitter at $8 billion (FT)

Global output has begun a sharp downturn (FT)

BMW profits surged (Bloomberg)

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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Media Digest 4/5/2011 Reuters, WSJ, NYT, FT, Bloomberg

A bipartisan group of Senators will meet once more to work out a compromise on the budget. (Reuters) Google (NASDAQ:…
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Media Digest (11/7/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Sony (NYSE: SNE) may buy Ericsson out of their smartphone joint venture. (Reuters) Geithner says problems with EU sovereign debt…
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Media Digest 8/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Research In Motion will share some BlackBerry code with the Saudis. Reuters:  The dollar hit a 15-month low compared…
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Media Digest (7/19/2012) Reuters, WSJ, NYT, FT, Bloomberg

A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters) New IMF policies will examine whether…
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Media Digest (5/12/2011) Reuters, WSJ, NYT, FT, Bloomberg

The government may stop the sale of $9 billion in AIG (NYSE: AIG) shares if it does not do well.…
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Media Digest (8/3/2011) Reuters, WSJ, NYT, FT, Bloomberg

Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West…
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Media Digest (4/5/2011) Reuters, WSJ, NYT, FT, Bloomberg

Republicans plan to cut $6 trillion from the budget over the next decade (Reuters) Google (NASDAQ: GOOG) may be investigated…

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