Media Digest (3/30/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Eurozone officials will increase the size of the funds to create “firewalls” around financially troubled nations. (Reuters)

Research In Motion’s (NASDAQ: RIMM) CEO says the firm’s struggles will continue as more management leave the firm. (Reuters)

Japan’s Nikkei has its best first quarter in 24 years. (Reuters)

Verizon (NYSE: VZ) to create a wireless video system. (WSJ)

U.S. firms with junk bond ratings raise money at record levels as rates stay low. (WSJ)

A scam to collect Social Security numbers of Puerto Rican citizens earns billions for thieves. (WSJ)

An audit firm finds labor problems at Foxconn factories that supply Apple (NASDAQ: AAPL). (WSJ)

Google (NASDAQ: GOOG) to launch its own tablet. (WSJ)

Best Buy (NYSE: BBY) shutters stores after weak earnings. (WSJ)

Natural gas reaches a 10-year low. (WSJ)

Economists do not think warm weather has helped gross domestic product or employment much. (WSJ)

A Wall Street Journal study finds the numbers of murders fell in most large cities last year. (WSJ)

Congress passes a highway funding bill that covers the next 90 days, but another extension may be a problem. (WSJ)

Germany’s Social Democrats attack Merkel’s austerity plans, which are meant to solve the EU debt crisis. (WSJ)

A leak at Total’s (NYSE: TOT) Elgin platform in the North Sea is more proof of how unstable deep water drilling can be. (WSJ)

Former CEOs of Avon Products (NYSE: AVP) want its board to elect former COO Joe Ferreira as the firm’s new leader. (WSJ)

Foreign investors aggressively sell Japanese debt. (WSJ)

Moody’s may sharply cut ratings on Morgan Stanley (NYSE: MS), Citigroup (NYSE: C) and Bank of America (NYSE: BAC). (NYT)

The FDA asks for longer test periods for some obesity drugs because of the potential they could cause heart problems. (NYT)

Ray Dalio, head of Bridgewater, a huge hedge fund, made $3.9 billion last year. (FT)

BRIC nations may pull funding from the International Monetary Fund if they do not get a greater say in policy. (FT)

Leveraged U.S. firms become a large part of the IPO landscape. (FT)

Spain will make the greatest cuts to it budget in 30 years. (Bloomberg)

German retail sales fall in February. (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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