Media Digest 1/11/2010 Reuters, WSJ, NY Times, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   A senior Fed official said the joblessness will not affect rate policy.

Reuters:   Shares in China lenders rose causing economic overheating fears.

Reuters:   Motorola (NYSE:MOT) says cellphone use for shopping is up.

Reuters:   Lawmakers are pressing US Fed on rose in AIG (NYSE:AIG) bailout.

Reuters:   GE’s (NYSE:GE) NBC is embarrased by its mistakes with Leno show.

Reuters:   Goldman Sachs (NYSE:GS) may expand it charity program.

Reuters:   GM will build a Volt-based Cadillac.

Reuters:   Many banks have increased base salaries and cut bonuses.

Reuters:   Delta (NYSE:DAL) and AMR (NYSE:AMR) will not be allow to invest in troubled JAL.

Reuters:   Commercial property returns will grow in 2010.

WSJ:   US earnings are likely to rebound this year.

WSJ:   Many are reacting badly to high Wall St. bonuses but bankers are complaining more of their income is not cash

WSJ:   Ford (NYSE:F) will introduce a new car based on demand for fuel-efficiency.

WSJ:   China exports rose 17% in December.

WSJ:   One official said Geithner had no role in details of AIG bailout.

WSJ:   Citigroup’s (NYSE:C) Global Transaction Services units is growing with federal help.

WSJ:   “Avatar” became the top movie release of 2009.

WSJ:   Foot Locker will close 117 stores.

WSJ:   Rising aluminum prices should help Alcoa’s (NYSE:AA) earnings.

NYT:   Goldman Sachs may require bankers to give more to charity.

NYT:   Some US banks insist they will not accept UK efforts to put high taxes on bank salaries.

NYT:   The great majority of actual reporting among news media comes from newspapers.

FT:   US commercial property is drawing large investments.

FT:   Cadbury (NYSE:CBY) will bolster its takeover defense by posting big 2009 profits.

FT:   The market value of China banks has moved well ahead of US peers.

Bloomberg:   China officially overtook the US as the largest car market.

Bloomberg:   The Fed will seek court help to keep details of its bank bailouts secret.

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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