Media Digest 2/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Volcker will testify that banks should curb risky trading.

Reuters:   The US sees “no reason” to challenge the Toyota (NYSE:TM) plan to fix cars it has recalled for pedal trouble.

Reuters:   The new budget has programs to save jobs but also creates huge deficits.

Reuters:   Boeing (NYSE:BA) says its airplane order book is getting smaller.

Reuters:   Goldman Sachs (NYSE:GS) may cut its CEO’s pay package because of outside pressure

Reuters:   Exxon’s (NYSE:XOM) quarterly profit topped forecasts.

WSJ:   Banks are no longer toughening lending standards and manufacturing has rebounded.

WSJ:   Banks are prepared to fight the Administration over new legislation about proprietary trading.

WSJ:   Burkle has challenged the Barnes & Noble (NYSE:BKS) poison pill and may wage a proxy fight.

WSJ:   Google (NYSE:GOOG) plans a store for business apps.

WSJ:   Boston Scientific (NYSE:BSX) settled some stent patent claims with Johnson & Johnson (NYSE:JNJ).

WSJ:   France Telecom (NYSE:FTE) will get a new CEO.

WSJ:   Yahoo! (NASDAQ:YHOO) and the AP reached a content licensing deal.

WSJ:   Exxon (NYSE:XOM) is drilling in more high risk areas and it’s gambling on big deposits which are hard to reach.

NYT:   Apple (NASDAQ:AAPL) has challenged the chip industry by designing its own processor for the iPad.

NYT:   The new budget raises the issue of  the future of the Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) bailouts

NYT:   Google (NASDAQ:GOOG) is increasingly clashing with European lawmakers over copyright and antitrust issues.

NYT:   Moody’s (NYSE:MCO) reports that $700 billion in junk debt is due between 2012 and 2014.

FT:   Obama will target overseas tax breaks.

FT:   Global manufacturing is increasing quickly.

FT:   US companies have issued positive earnings forecasts.

FT:   Demand for corporate loans in soft in the US.

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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