Media Digest 9/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Richard Fuld defended his actions at Lehman.

Reuters:   Manpower says the outlook for hiring is US is weak.

Reuters:   Gold futures topped $1,000.

Reuters:   Kraft (KFT) will probably up its bid for Cadbury.

Reuters:   The World Economic Forum says the Switzerland passed the US as the world’s most competitive economy.

Reuters:   Greenspan says US banks need to keep higher capital.

Reuters:   Brad Garlinghouse, formerly a Yahoo! (YHOO) executive, will run e-mail operations for AOL.

Reuters:   Chinatrust may raise more cash as it stayed quiet about a bid for AIG’s (AIG) China group.

WSJ:   The markets are vulnerable to a sell-off because of debt burdens.

WSJ:   The GM board will meet to discuss the future of Opel.

WSJ:   The U.S. Chamber of Commerce will launch a marketing campaign against a new Obama-planned consumer protection agency.

WSJ:   AIG (AIG) could speed up the spin-out of its insurance units.

WSJ:   A group hoping to protect Linux, which includes IBM (IBM) and Sony (SNE), may buy patents from Microsoft (MSFT).

WSJ:   Deutsche Telekom (DT) and France Telecom plan to merge their UK wireless operations.

WSJ:   Roche named a new head of its pharmaceuticals group.

WSJ:   A Chinese firm is bidding for Australia’s Energy Metals.

WSJ:   China backs several companies over their reactions to losses from derivative contracts.

WSJ:   Kraft’s (KFT) bid puts Cadbury in play.

WSJ:   Google (GOOG) cut back on its plan to make books available online in Europe.

WSJ:   Abu Dhabi will by Chartered Semiconductor.

WSJ:   Twitter is becoming a recruiting tool for companies including Verizon (VZ) and McDonald’s (MCD).

WSJ:   Treating depression may help treat heart disease.

NYT:   Buffett is buying fewer stocks and more government and corporate debt.

FT:   Regulators are working out details for tougher regulation of banks around the world.

Bloomberg:   Saudi Arabia signaled that oil prices at current levels were fine.

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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