Media Digest (1/14/2013) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Xbox 360 logoChicago Fed President Charles Evans says he expects gross domestic product to rise 2.5% this year. (Reuters)

The U.S. government’s sale of shares in General Motors Co. (NYSE: GM) may help the company’s wounded image. (Reuters)

European users of the Apple Inc.’s (NASDAQ: AAPL) iPhone 5 consume more data than other smartphone owners. (Reuters)

The Nikkei reports that Apple cut LCD orders because of weak demand for the iPhone. (Reuters)

Some airlines dealt with flaws with the Boeing Co. (NYSE: BA) 787 well before trouble was made public. (WSJ)

Hewlett-Packard Co. (NYSE: HPQ) CEO Meg Whitman made $15.4 million last year. (WSJ)

Retailers, with slim margins, may be hurt more than most industries by a payroll tax increase. (WSJ)

Amazon.com Inc. (NASDAQ: AMZN) Web Services, which provides online operations for other companies, could lift the parent firm’s margins. (WSJ)

Google Inc. (NASDAQ: GOOG) becomes one of the biggest producers of apps for the iPhone. (NYT)

As China grows, it faces another round of inflation. (NYT)

United Parcel Service Inc. (NYSE: UPS) cancels its deal to buy TNT Express after EU regulators move against the transaction. (FT)

The Fed’s action on low interest rates may hurt bank profits. (FT)

EU leaders hope to move beyond the region’s debt crisis as they work to improve the area’s economies. (Bloomberg)

The board of J.P. Morgan Chase & Co. (NYSE: JPM) may release a report that puts Jamie Dimon’s management of trading risks in London in a harsh light. (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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