Media Digest 1/5/2010 Reuters, WSJ, NY Times, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Kraft (NYSE:KFT) sold it pizza business to Nestle and lifted the cash portion of its deal to buy Cadbury (NYSE:CBY).

Reuters:   Cold weather pushed oil prices near $82.

Reuters:   US healthcare spending is slowing.

Reuters:   Ford’s (NYSE:F) China JV sales rose 55% in 2009.

WSJ:   Big oil is moving more drilling offshore as land reserves dwindle.

WSJ:   Apple (NASDAQ:AAPL) will ship its tablet PC in March.

WSJ:   US manufacturing rebounded in December.

WSJ:   Kia and Microsoft (NASDAQ:MSFT) will offer a car voice system.

WSJ:   Lilly (NYSE:LLY) will use outside contractors to test drugs.

WSJ:   Biogen’s (NASDAQ:BIIB) CEO will retire.

WSJ:   GE (NYSE:GE) realigned its lighting and appliance units.

WSJ:   Toyota (NYSE:TM) unveiled a new small car in India.

WSJ:   E-books are becoming popular in China.

WSJ:   Global chip sales rose 3.7% in November.

WSJ:   Personal bankruptcy filings are rising quickly.

WSJ:   The outlook for start-up companies in 2010 is poor.

WSJ:   A growing movie audience overseas is helping films like “Avatar.”

WSJ:   The IRS is increasing oversight of tax preparation firms.

WSJ:   Asia nations are starting to sell debt in international markets.

WSJ:   KKR and Apollo are expected to list on the NYSE this year.

NYT:   Visa (NYSE:V) has improved its revenue by charging special fees for debit card transactions.

NYT:   Google (NASDAQ:GOOG) will launch its Nexus One phone to keep up its momentum in smartphones.

NYT:   HD TVs from LG and Panasonic will use Skype for video chat.

FT:   US public pensions face a $2 trillion deficit.

FT:   Bond funds are cutting holdings in US and UK debt.

FT:   News Corp (NYSE:NWS) will merge two Dow Jones units.

Bloomberg:   Mobius says emerging markets could loss 20% of value as IPOs undermine demand.

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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