Media Digest 9/14/2009

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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newspaperReuters:   Obama is trying to push Wall St. reform.

Reuters:   German aid for Opel will go in part to Russia for operations there.

Reuters:   A global poll shows support for stimulus packages.

Reuters:   J&J (JNJ) is in talks to cut its $1.5 billion Elan investment.

Reuters:   Cadbury’s chairman said Kraft’s (KFT) bid was unwanted and unattractive.

Reuters:   JAL shares jumped on AMR (AMR) and Delta (DAL) investment talks.

Reuters:   EMC (EMC) hired a top Intel (INTC) executive.

Reuters:   China scorned a US tire tariff.

Reuters:   The Fed may not raise rates until 2011.

Reuters:   Banks are changing CEOs but that may not make them safer.

WSJ:   “China said it would review complaints about U.S. exporters of chicken and auto products after Washington’s move to slap punitive sanctions on Chinese tire imports.”

WSJ:   China may take a stake in power plant developer AES which is based in the US.

WSJ:   New prime brokerages are being formed to service hedge funds.

WSJ:   The CEO of Toll (TOL) made money on sales of shares.

WSJ:   Chevron (CVX) got approval for a huge LNG project in Australia.

WSJ:   UPS (UPS) will offer web printing services.

WSJ:   LG plans a Google (GOOG) Android smartphone.

WSJ:   Renault and Nissan are betting on electric cars.

WSJ:   A BIS survey notes that big banks are a threat to markets and should pay higher taxes.

WSJ:   Growth in Asia appeared to be “decoupled” from the West, again.

WSJ:   China Mobile (CHL) said its iPhone talks with Apple (AAPL) are ongoing.

WSJ:   The US is finding its role in business and finance hard to unwind.

WSJ:   Risk taking behavior is returning to Wall St.

WSJ:   Blog networks are doing well with advertising while traditional competitors are not.

FT: Hedging gold has lost it luster.

FT:   Doubts remain over the B of A (BAC) buyout of Merrill Lynch.

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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