Media Digest 4/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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According to Reuters, the government’s auto task force will meet with GM (GM) to push ahead its restructuring.

Reuters writes that US banks may still need aid.

Reuters writes that Morgan Stanley’s (MS) Q1 earnings may be hurt by bonds.

Reuters reports that regulators may not want TARP money back soon.

Reuters reports that lower home values are widening budget gaps in many US cities.

Reuters reports that laid-off workers are sometimes finding jobs, but at much lower pay.

Reuters writes that Moody’s (MCO) took away Berkshire Hathaway’s (BRK) Triple-A rating.

Reuters writes that Nintendo will launch Wii Sports in June.

Reuters reports that US airlines may cancel more aircraft orders.

Reuters writes that the collapse of the IBM (IBM) deal may weaken Sun (JAVA) more.

The Wall Street Journal reports that more states plan to raise taxes.

The Wall Street Journal reports the a new suit claims that China dumped steel.

The Wall Street Journal writes that ING will sell $10.6 billion in assets.

The Wall Street Journal reports that Fed officials are split on the best path forward.

The Wall Street Journal reports that questions dog insurers on TARP funding.

The Wall Street Journal writes that Pulte (PHM) will buy Centex (CTX).

The Wall Street Journal reports that Toyota (TM) will put a new executive in charge of North America.

The Wall Street Journal reports that the creator of the Sims game will leave Electronic Arts (ERTS).

The Wall Street Journal reports that Apple (AAPL) is fighting patent suits.

The Wall Street Journal reports that success at Wal-Mart (WMT) and other discounters has helped retail sales and may continue to do so.

The Wall Street Journal writes that there is fighting over SEC plans on short sales.

The Wall Street Journal reports that a Barclays (BCS) sale of iShares to CVC is near.

The Wall Street Journal reports that aid is flowing to US auto parts makers.

The Wall Street Journal reports that Daimler expects a significant loss in Q1.

The Wall Street Journal writes that China has set its plan to develop electric cars.

The Wall Street Journal reports that Acer thinks low cost laptops will help its results.

The New York Times reports that the Administration may suggest that individuals invest in bank bailouts.

The New York Times reports that a federal stress test of 19 banks shows that some may need more money.

The New York Times reports that Japan is unveiling a $154 billion stimulus package.

The FT reports that the number of new mobile subscribers in the world fell in the fourth quarter.

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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