Media Digest (12/28/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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The yen reaches a two-year low on worries about the Japanese economy and hopes of a budget resolution by Congress. (Reuters)

Tim Cook, CEO of Apple (NASDAQ: AAPL), takes a large pay cut in 2012 — down to $4.17 million. (Reuters)

The huge expansion of Chesapeake Energy Corp. (NYSE: CHK) almost certainly is over, because of trouble at the company and with CEO Aubrey McClendon. (Reuters)

High-speed traders lobby to ward off restrictions on their business practices. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) will monitor supplier warehouses after complaints about working conditions. (WSJ)

DirecTV (NASDAQ: DTV) to raise rates. (WSJ)

Starbucks Corp. (NASDAQ: SBUX) will restructure its store chain in Europe and close some outlets to improve appeal. (WSJ)

As the federal tax break on wind energy products expires at year’s end, companies rush to finish projects. (NYT)

Concerns about the dominance of Amazon.com Inc. (NASDAQ: AMZN) prompts smaller vendors to offer expensive same-day delivery. (NYT)

Iron ore prices rise 60% in four months. (FT)

Google Inc.’s (NASDAQ: GOOG) Android begins to draw a large number of app developers — a threat to Apple. (FT)

IPO activity for the year was slow, due, in part, to the failure of Facebook (NASDAQ: FB). (Bloomberg)

Hewlett-Packard Co. (NYSE: HPQ) says the Justice Department is examining its troubled Autonomy buyout. (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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