Media Digest 7/27/2009 Reuters, WSJ, NY Times, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   Airline on-board entertainment systems face competition from handheld devices like the Apple (AAPL) iPod.

Reuters:   Bernanke will be on PBS to take his message about Fed plans to a broader audience.

Reuters:   Some Democrats oppose the current healthcare plan.

Reuters:   More foreign executives are heading to China as its economy expands.

Reuters:   Aetna (AET) would like to get out of the business of selling drug benefits.

Reuters:   Apple (AAPL) and record labels are working on a plan to increase album sales.

Reuters:   Barron’s says Citigroup (C) shares could double by 2012.

Reuters:   Ericsson (ERIC) bought Nortel’s wireless assets for $1.13 billion.

WSJ:   Lending by large banks slowed in Q2 as concerns about risk remained.

WSJ:   The new “pay czar” will attempt to renegotiate deals with high paid employees at companies with federal aid.

WSJ:   Insurance companies may be taxed on their most expensive policies.

WSJ:   Corporate bond sales are surging as the market improves.

WSJ:   TV networks are giving lower ad rates.

WSJ:   Video game makers are being hit hard by the recession.

WSJ:   Earnings results could spur IPOs.

WSJ:   GDP data may indicate an upturn.

WSJ:   Microsoft (MSFT) may offer rival browsers in Europe to settle disputes with EU regulators.

WSJ:   US guarantees of bank debt issues will save the firms $24 billion in borrowing costs over three years.

NYT:   Researchers are trying to learn why some people do not look at Internet ads.

NYT:   Lawmakers are trying to curb drug commercials saying they cause patients to pressure doctors.

NYT:   Gannett (GCI) is cutting severance pay.

FT:   Europe lenders are bracing for US style credit card defaults.

FT:   Emerging markets are rushing to buy back their debt.

Bloomberg:   Real yields are the highest they have been since 1994.

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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