Media Digest (9/13/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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The Federal Reserve likely will release plans for a stimulus package after members meet today. (Reuters)

EADS and BAE hold merger talks. (Reuters)

Apple Inc.’s (NASDAQ: AAPL) iPhone 5 may have more features that predecessors but some analysts worry it is not a “game changer.” (Reuters)

McDonald’s Corp. (NYSE: MCD) will add calorie counts to food lists at its locations. (Reuters)

Comments made by Facebook Inc. (NASDAQ: FB) CEO Mark Zuckerberg about “search” figures confuse investors who worry about the company’s direction. (Reuters)

Nintendo will launch the new Wii U in Japan on December 8. (Reuters)

Imagination, which makes some Apple components, announces strong growth. (Reuters)

The University of California files patent suits against Facebook and Wal-Mart Stores Inc. (NYSE: WMT). (Reuters)

Chesapeake Energy Corp. (NYSE: CHK) sells almost $7 billion in assets. (WSJ)

General Motors Co. (NYSE: GM) tries to set a deal to close a plant in Europe. (WSJ)

The Census Bureau reports household income fell to 1995 levels. (WSJ)

Italy may set a three-year plan to avoid a need for bailout cash. (WSJ)

Sirius XM Radio Inc. (NASDAQ: SIRI) CEO Mel Karmizan expects Liberty Media Corp. (NASDAQ: LMCA) to replace the satellite radio firm’s board of directors if it gets voting control. (WSJ)

Germany rejects a plan for the European Central Bank to oversee banks in the eurozone. (WSJ)

Workers in Spain begin to move from cities back to rural areas, where many lived originally. (NYT)

The U.S. Agriculture Department lowers it forecasts for soybean and corn yields for the third time. (NYT)

U.S. M&A transactions this year are made up largely of divestiture of noncore company assets. (FT)

France pressures Spain to disclose its budget plans to satisfy Germany. (Bloomberg)

Nissan and Renault chief Carlos Ghosn expects Europe to be a poor car market for many years. (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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