Media Digest 12/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq.

Reuters:   Moody’s (NYSE:MCO) sees no threat to the US debt rating for now.

Reuters:   Obama plans a TARP for small business.

Reuters:   Rental income in buildings for residential occupancy will remain weak.

Reuters:   The House is near passage of a bill to overhaul the US financial markets.

Reuters:   Goldman Sachs (NYSE:GS) top management will take bonuses in stock.

Reuters:   Ford’s (NYSE:F) CEO said he talked with GM’s new CEO Whitacre to discuss the industry.

Reuters:   The House passed a $447 billion spending bill.

Reuters:   The pay czar will make rulings on several other firms which have US money.

Reuters:   Citigroup (NYSE:C) plans an offering of $15 billion in stock.

Reuters:   Trading in AOL’s (NYSE:AOL) shares got off to a rough start.

WSJ:   The Boeing (NYSE:BA) Dreamliner is set for its first flight.

WSJ:   China’s curbs on sales of tech gear to its central government are drawing criticism.

WSJ:   Stores are holding bigger markdowns of prices in reserve for later in the holiday season.

WSJ:   Bank of America (NYSE:BAC) is in talks with Bank of NY (NYSE:BK) CEO about moving to the top spot at BAC.

WSJ:   The Airbus A400M is ready to fly.

WSJ:   Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) are competing to buy or form relationships with startups.

WSJ:   Apple iPhone sales by China Unicom (NYSE:CHU) are picking up.

WSJ:   Oracle (NASDAQ:ORCL) is fighting the EU over its Sun Microsystems  (NASDAQ:JAVA) deal.

WSJ:   Citadel Broadcasting is about to file a prepackaged Chapter 11.

WSJ:   GE (NYSE:GE) won a big wind farm project.

WSJ:   US household net worth rose.

WSJ:   Some bone-building drugs known as bisphosphonates may prevent breast cancer.

WSJ:   Falling supplies of natural gas pushed prices up over 8%.

NYT:   A national sales tax may be considered to drop the deficit.

NYT:   Data from China show its economy is still rebounded quickly.

NYT:   Dealers for GM and Chrysler won a victory in the House as a bill advanced to let them appeal being closed.

NYT:   France will probably follow the UK on a banker bonus tax.

FT:   Facebook is being criticized for changes to it privacy rules.

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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