Media Digest 2/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaper11According to Reuters, the US government may take a 40% interest in Citigroup (C).

Reuters reports that the Treasury is considering funding options for Chrysler and GM (GM).

Reuters reports that a poll of economists sees a drop in GDP in the first half and a recovery in the second half of 2009.

Reuters reports that Yahoo! (YHOO) may overhaul its management.

Reuters writes that the owner of the Philadelphia newspaper filed for Chapter 11.

Reuters reports that Bernanke is trying to reassure the government that more Fed help is coming for the economy.

Reuters reports that RBS (RBS) will restructure to rid itself of non-core assets.

The Wall Street Journal reports that the Treasury is starting to line up $40 billion to support GM and Chrysler bankruptcies.

The Wall Street Journal reports that the UAE plans to provide $10 billion in funding to Dubai.

The Wall Street Journal reports that mobile and DVR video are the fastest growing parts of the video industry.

The Wall Street Journal reports that controlling swaps risks is proving difficult.

The Wall Street Journal reports that Honda (HMC) will get a new CEO.

The Wall Street Journal reports that attempts to get control of Sirius (SIRI) may have focused on its tax losses.

The Wall Street Journal preots that chip executives do not see an industry recovery for three years.

The Wall Street Journal reports that UBS (UBS) customers are shielded by Swiss law.

The Wall Street Journal reports that the market pull-back has spread well beyond financial stocks.

The Wall Street Journal reports that some well-run companies are getting bankruptcy aid.

The New York Times reports that US banks will face government stress tests this week to determine if they need money.

The New York Times reports that Murdoch’s love of newspaper is hurting News Corp (NWS).

The New York Times reports that banks are doing better with fee-based business which may help their results.

The New York Times reports that “Search engines are starting to penetrate databases that are set up to respond to typed queries,” a business Google (GOOG) does not control.

The New York Times reports that EU leaders want to double the resources of the IMF.

The FT reports that Obama hopes to halve the deficit by 2013.

Bloomberg reports that dividend cuts are making are making the S&P 500 expensive by historical standards.

Douglas A. McIntyre

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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