Media Digest 8/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   Price cuts on video consoles by Microsoft (MSFT) and Sony (SNE) have causeD the competition in the field to heat up.

Reuters:   AIG’s (AIG) new CEO says he is working hard and is misunderstood.

Reuters:   Dell (DELL) results were better than expected.

Reuters:   The economy is shrinking more slowly and jobless claims improved.

Reuters:   Toyota (TM) will end production in a California plant.

Reuters:   A Chinese company may close a deal to buy Hummer next week.

Reuters:   FDIC problem banks hit 416.

Reuters:   Boeing (BA) says itS 787 will fly this year.

Reuters:   Ford (F) added shifts at two truck plants.

WSJ:   Farm profits will drop sharply this year.

WSJ:   The head of AIG (AIG) says he will slow asset sales.

WSJ:   Merriman Curhan Ford has begun to operate regularly again after a raft of problems.

WSJ:   Japan’s jobless rate hit a record high.

WSJ:   Harley Davidson (HOG) is expanding in India.

WSJ:   Facebook will change its privacy controls.

WSJ:   Oregon is stepping up efforts to recruit clean energy companies.

WSJ:   Nokia (NOK) will use Linux in its new phone.

WSJ:   Sirius (SIRI) will tap Apple’s (AAPL) iPhone and iPod for growth.

WSJ:   Investor sentiment is very positive, which may cause a market decline.

WSJ:   Cable stocks look cheap.

WSJ:   Debt markets are nervous about Citigroup (C) and Bank of America (BAC).

WSJ:   Natural gas prices fell due to a supply glut.

WSJ:   Investigators began a probe into the wireless industry.

NYT:   The rise in AIG (AIG) shares does not make sense due to the size of government ownership

NYT:   A&E and the Lifetime channels completed their merger.

NYT:   Europe is seeking rules to improve access to books online.

NYT:   The WSJ will keep a PR executive as one of its writers.

FT:   Sweden has announced negative interest rates on some bank deposits.

Bloomberg:   July consumer spending probably up due to “cash for clunkers”

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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