Media Digest (2/28/2013) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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India increases government spending and raises taxes on the wealthy as a means to improve growth. (Reuters)

Groupon Inc. (NASDAQ: GRPN) shares are pounded after a poor forecast. (Reuters)

Apple Inc. (NASDAQ: AAPL) CEO Tim Cook tells shareholders they should take a long-term view of share value. (Reuters)

U.S. natural gas production should rise for another three decades. (WSJ)

The European Union moves to limit bonuses of senior bankers. (WSJ)

The losses at Royal Bank of Scotland Group PLC (NYSE: RBS) rise sharply, and the bank probably will raise money. (WSJ)

Losses at J.C. Penney Co. Inc. (NYSE: JCP) rise sharply. (WSJ)

Boeing Co. (NYSE: BA) tries to calm its customers in Japan who are concerned about breakdowns in the 787 Dreamliner. (WSJ)

Spain says its deficit fell, primarily because of austerity. (WSJ)

Leap Wireless International Inc. (NASDAQ: LEAP) sells few of the many of the iPhones it ordered. (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-B) will delay Arctic drilling because of equipment problems. (WSJ)

Pandora Media Inc. (NYSE: P) will cap free listening to help offset royalties. (WSJ)

Energy Information Administration data about fuel supplies push down gasoline futures. (WSJ)

Samsung improves security features on its phones to better compete with BlackBerry (NASDAQ: BBRY). (NYT)

The AFL-CIO offers limited endorsement of the Keystone pipeline. (NYT)

A court is told that BP PLC (NYSE: BP) concealed data about infrastructure in its Deepwater Horizon efforts. (FT)

Germany’s unemployment falls, in a sign its economy has recovered. (Bloomberg)

Ads served by Facebook Inc. (NASDAQ: FB) based on browsing habits could hurt Google Inc. (NASDAQ: GOOG). (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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