Media Digest (4/11/2013) Reuters, WSJ, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Toyota Motor Corp. (NYSE: TM), Honda Motor Co. Ltd. (NYSE: HMC) and Nissan will recall 3.4 million cars over airbag defects. (Reuters)

Yum! Brands Inc. (NYSE: YUM) faces slow KFC sales in China because of worry over bird flu. (Reuters)

An agreement with a large shareholder will mean Goldman Sachs Group Inc.’s (NYSE: GS) Lloyd Blanfein will remain both chairman and CEO. (Reuters)

Microsoft Corp. (NASDAQ: MSFT) will release a seven-inch Surface tablet later this year. (WSJ)

Deutsche Telekom improves its offer for MetroPCS Communications Inc. (NYSE: PCS) as the deal flags. (Reuters)

IDC says PC sales fell 13.9% in the first quarter and partially blames slow sales of Microsoft Windows 8. (WSJ)

McDonald’s Corp. (NYSE: MCD) will try to improve customer service as same-store sales lag. (WSJ)

The European Commission remarks that Spain’s recovery has stalled. (WSJ)

ConocoPhillips (NYSE: COP) says it cannot drill in the Arctic until regulations are made more plain. (WSJ)

Despite gold’s record as a safe haven, prices have dropped 17% since 2011. (WSJ)

China’s currency reserves hit $3.4 trillion. (FT)

China’s local currency lending surges in March, raising concerns about financial risks. (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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