Media Digest 11/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   Opel must now arrange for GM’s unexpected ownership

Reuters:   The Fed will probably keep its “easy money” program.

Reuters:   Toyota (NYSE:TM) will pull out of Formula 1 racing.

Reuters:   The IEA will cut its long-term oil demand outlook.

Reuters:   Berkshire Hathaway (NYSE:BRK.A) bought Burlington Northern (NYSE:BNI) in the biggest deal in its history

Reuters:   A new poll shows China is America’s key global relationship but also a foe.

Reuters:   Kraft (NYSE:KFT) says it will not overpay for Cadbury as the US firm missed revenue forecasts.

Reuters:   The US is focusing on the size of big financial firms.

WSJ:   The World Bank and IMF are cautioning the all the capital being put into markets by governments and central banks is forming new bubbles in real estate, stocks, and currency markets especially in Asia.

WSJ:   The Obama Administration’s estimates of jobs created by the stimulus could be overstated by 20,000.

WSJ:   Retailers are optimistic about October sales.

WSJ:   China is backing a Disney (NYSE:DIS) theme park in Shanghai.

WSJ:   Morgan Stanley (NYSE:MS) will sell its stake in CICC which will allow it to expand further in China.

WSJ:   A dispute between eBay’s (NASDAQ:EBAY) Skype and its founders is coming to an end.

WSJ:   Cisco (NASDAQ:CSCO) and EMC (NYSE:EMC) formed a data center venture.

WSJ:   AT&T (NYSE:T) is suing Verizon (NYSE:VZ) over TV ads which it claims make false statements about its network

WSJ:   Investors wonder if Cisco (NASDAQ:CSCO) has any positive news left.

WSJ:   A BP (NYSE:BP) consortium with China signed a deal to drill in Iraq.

WSJ:   J&J (NYSE:JNJ) plans to cut 8,200 jobs.

WSJ:   Natural gas production is rising despite falling prices.

WSJ:   Jeep sales outside the US will be key to Chrysler’s turnaround.

WSJ:   Yahoo! (NASDAQ:YHOO) is planning to add timelier search results.

WSJ:   Electronic Arts (NYSE:EA) will move into e-book publishing.

WSJ:   Newspaper publishers are running out of costs to cut.

NYT:   A deal with the Pentagon has increased jobs at Oshkosh

NYT:   A House bill would assure workers sick days.

NYT:   The EU lifted its growth forecasts for 2010.

FT:   The Senate may take up a bill to cut the number of US bank regulators to one from four rolling up the Office of Thrift Supervision,  the Office of the Comptroller of the Currency, the FDIC, and  the Fed.

FT:   Oracle (NASDAQ:ORCL) is ready for an EU challenge to its Sun (NASDAQ:JAVA) deal.

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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