Media Digest (2/19/2013) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

A Chinese military operation may be the source of many of the major hacks on U.S. cyber interests. (Reuters)

Burger King Worldwide Inc. (NYSE: BKW) takes its Twitter account offline after it is hacked. (Reuters)

Office Depot Inc. (NYSE: ODP) and OfficeMax Inc. (NYSE: OMX) may merge. (Reuters)

BP PLC (NYSE: BP) will take some Deepwater Horizon liability cases to court on the bet that it will do better off than with settlements. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) and Macy’s Inc. (NYSE: M) will take their dispute over business partnerships with Martha Steward Omnimedia Inc. (NYSE: MSO) to court. (WSJ)

Mandiant issues a report that shows support from the China’s People’s Liberation Army has caused attacks on Western interests. (WSJ)

The new PlayStation from Sony Corp. (NYSE: SNE) will allow users to stream games over the Internet. (WSJ)

Some of Boeing Co.’s (NYSE: BA) engineers may strike. (WSJ)

The Stockholm International Peace Research Institute reports that arms sales by the 100 largest global producers fell in 2011. (WSJ)

Reader’s Digest declares Chapter 11, again. (WSJ)

Google Inc. (NASDAQ: GOOG) may launch a chain of retail stores. (WSJ)

The French government says a recession will delay the date when it can meet budget markers. (NYT)

Many cities in China cut back home loan activity. (FT)

The European Automobile Manufacturers’ Association reports European cars sales plunged in January. (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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618