Media Digest 8/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   A plan for universal healthcare in China could cut the savings rate.

Reuters:   Bank regulators are opposing the Obama shake-up of the system.

Reuters:   Bank of America (BAC) settled SEC charges over Merrill bonuses.

Reuters:   July retail sales lacked a back-to-school jump.

Reuters:   Toyota (TM) revised its forecasts upward.

Reuters:   The FDIC is moving quickly to set rules for private equity to invest in banks.

Reuters:   The FTC is pressing a probe on the relationship between the Apple (AAPL) and Google (GOOG) boards.

Reuters:   BHP Billiton (BHP) named a former Ford (F) CEO as chairman.

Reuters:   AIG (AIG) picked a former Met Life (MET) chief  as its next CEO.

WSJ:   The loss at UBS (UBS) widened to $1.3 billion.

WSJ:   The Treasury will borrow less in the third quarter than expected.

WSJ:   Eric Schmidt will leave the Apple board.

WSJ:   CIT (CIT) is moving to improve the payout on its bonds.

WSJ:   Starbucks (SBUX) is seeking to act more like streamlined competitors.

WSJ:   Voters in Detroit and Flint will go to the polls in elections that will help determine their futures.

WSJ:   Savings could have a lot to do with future increases in the stock market.

WSJ:   Oil hit s six-week high.

WSJ:   MGM Mirage (MGM) is seeing an improvement in bookings.

WSJ:   Macy’s (M) is using the recession to remake its business.

WSJ:   GM’s job cuts are short of its goals.

NYT:   Income losses continue long after a recession.

NYT:   US regulators are looking that the impact of high-frequency trading on the markets.

FT:   The market for leveraged loans hit a 12-month high.

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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