Media Digest 10/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters: The healthcare plan is about to take a step forward in Congress.

Reuters:   The debt swap at CIT (NYSE:CIT) is in trouble and could cause bankruptcy.

Reuters:   Summers says Obama policies saved economy.

Reuters:   Bank of America (NYSE:BAC) has begun to hand over legal documents to authorities.

Reuters:   T-Mobile (NYSE:DT) users are facing a data loss because of Microsoft (NASDAQ:MSFT) server troubles.

Reuters:   China’s super-rich are bouncing back from the crisis.

WSJ:   Cost cuts at American companies are lifting profits but hurting the economy.

WSJ:   Obama has shelved a plan to tax multinational companies up to $200 billion.

WSJ:   There is a plan to link major energy grids in the US.

WSJ:   Insurance companies are pushing back on healthcare legislation.

WSJ:   Regulators are looking at whether high speed trading could hurt markets.

WSJ:   Summers outlined the risks to the recovery.

WSJ:   China is trying to cut steel capacity.

WSJ:   AIG (NYSE:AIG) sold its Taiwan unit for over $2 billion.

WSJ:   The Ghanaian government is divided about giving an oil deal to the Chinese or Exxon (NYSE:XOM)

WSJ:   China Investment Corp is buying financial assets in China and abroad.

WSJ:   Sandisk (NASDAQ:SNDK) upgraded its flash technology.

WSJ:   Intel (NASDAQ:INTC) is likely to remain one of the star NASDAQ companies.

WSJ:   Dendreon (NASDAQ:DNDN) shot up.

WSJ:   Retailers are offering novel gift cards to help sell products.

WSJ:   Bloomberg is the front-runner to buy BusinessWeek (NYSE:MHP)

NYT:   Disney (NYSE:DIS) will overhaul many of its stores.

NYT:   Small businesses are facing tightening credit.

NYT:    Bank of America (NYSE:BAC), GE (NYSE:GE), and other companies are starting ad campaigns about a bright future.

NYT:   The pace of losses is slowing at banks.

NYT:   Fewer viewers are watching shows on DVR.

FT:   JPMorgan (NYSE:JPM) is trying to calm fears about its UK unit.

FT:   The weak US recovery is being blamed on slow demand.

FT: “The US wants to have technology for coal-fired power stations to capture and store their carbon dioxide emissions ready for commercial deployment within a decade.”

Bloomberg: Treasuries are up based on anticipation that retail sales will be slow.

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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