Financial New Digest: Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Microsoft Corp. (NASDAQ: MSFT) and the FBI investigate a cyber crime group. (Reuters)

PepsiCo Inc. (NYSE: PEP) will buy SodaStream International Ltd. (NASDAQ: SODA) for $2.2 billion. (Reuters)

Edmunds.com begins a program to cut back on the practice of haggling over car prices. (WSJ)

Procter & Gamble Co. (NYSE: PG) sets up four divisions with the head of each a possible candidate as the next CEO. (WSJ)

Apple Inc. (NASDAQ: AAPL) and AT&T Inc. (NYSE: T) could have trouble with a patent ruling against the smartphone company because the telecom sells older version of its phones. (WSJ)

Microsoft will discount Windows 8 on more tablets in an effort to speed adoption. (WSJ)

Dell Inc. (NASDAQ: DELL) says the Carl Icahn bid was lower than it appears because of trouble with the funding mechanism. (NYT)

Food demand in China pushes up global grain prices. (FT)

Over $1 trillion in student loans have limited job options for many young Americans. (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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