Media Digest (8/29/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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China’s official PMI hits a nine-month low in August. (Reuters)

WellPoint Inc. (NYSE: WLP) CEO Braly steps down. (Reuters)

General Motors Co. (NYSE: GM) to invest $1 billion in Russia within five years. (Reuters)

Samsung vows to fight ban on sales of smartphones in the United States. (WSJ)

Zynga Inc.’s (NASDAQ: ZNGA) chief creative officer to resign. (WSJ)

Liberty Media Corp. (NASDAQ: LMCA) raises its stake in Sirius XM Radio Inc. (NASDAQ: SIRI). (WSJ)

The Obama administration releases final fuel-efficiency standards for cars and trucks. (WSJ)

Widespread computer-network problems at United Continental Holdings Inc. (NYSE: UAL) cause flight delays around the world. (WSJ)

GM’s Cadillac division intends to double its U.S. sales over the next two years. (WSJ)

ECB President Mario Draghi is under pressure to provide details of his bond-buying plan to save the eurozone. (NYT)

New York investigates whether energy drink makers are misleading consumers. (NYT)

Best Buy Co. Inc.’s (NYSE: BBY) decision to grant Richard Schulze access to its books puts pressure on him to make a takeover bid. (FT)

Bond yields fall ahead of Italian Prime Minister Mario Monti’s meeting with German Chancellor Angela Merkel. (Bloomberg)

Britain considers new rules to make the London Stock Exchange more attractive to start-ups. (Bloomberg)

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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