Media Digest (3/7/2012) Reuters, WSJ, NYT, FT

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Netflix (NASDAQ: NFLX) talks with cable companies about adding its services to their channels. (Reuters)

The Institute of International Finance pressures Greek bondholders to make trades for new sovereign paper. (Reuters)

Walmart (NYSE: WMT) presses suppliers for discounts to improve its margins. (Reuters)

Some fake forms of cancer drug Avastin enter the U.S. from overseas. (WSJ)

The Economic Policy Institute says that young job hunters routinely face low pay, a product of the recession. (WSJ)

Japanese prosecutors file charges over fraud at Olympus. (WSJ)

The Greek debt swap may fall short of needed agreements. (WSJ)

General Motors (NYSE: GM) says it may close some plants in Europe. (WSJ)

The success of the Nintendo DS3 will help the company launch its new Wii U. (WSJ)

Brazil’s economy, once marked by rapid growth, improves only 0.34% in the fourth quarter. (WSJ)

The risk on the European Central Bank’s balance sheet increases as banks in the region take new loans of 500 billion euros. (WSJ)

AT&T (NYSE: T) and its unions are at odds over benefit cuts. (WSJ)

A UPS (NYSE: UPS) attempt to takeover TNT Express is hurt by disagreements over terms. (WSJ)

Apple’s (NASDAQ: AAPL) new iPad may help Verizon (NYSE: VZ) add new subscribers to its 4G LTE service. (WSJ)

Apple may be willing to more readily offer patent licenses to its competition. (WSJ)

S&P will try to upgrade the standards of its muni listings. (WSJ)

A World Bank report shows that the worst poverty among people around the globe has improved sightly. (NYT)

President Obama plans to set an FHA plan to reduce refinancing fees. (NYT)

Congress passes a law that will make it easier for the U.S. to put duties on subsidized goods from China. (NYT)

The AARP reports that the cost of many drugs rose 26% from 2005 to 2009. (NYT)

Brazil becomes the world’s sixth largest economy. (FT)

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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