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Media

Media Digest 2/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The $15 billion jobs bill advanced in the Senate.

Reuters:   Toyota (NYSE:TM) faces a US criminal probe.

Reuters:   KKR and TPC are close to a deal to buy Morgan Stanley’s (NYSE:MS) share of CICC.

Reuters:   Wal-Mart (NYSE:WMT) bought Vudu to move into web movies.

WSJ:   Brookfield Asset Management will compete with Simon Properties to buy General Growth.

WSJ:   Support for CEO Akio Toyoda has fallen within Toyota.

WSJ:   The Senate advanced a $15 billion jobs bill.

WSJ:   Google (NASDAQ:GOOG) will have discussions with China about its future in the country.

WSJ:   The new Obama healthcare plan will cost $950 billion.

WSJ:   Federal judge Rakoff backed a settlement between Bank of America (NYSE:BAC) and the SEC.

WSJ:   Amazon (NASDAQ:AMZN) will license some Microsoft (NASDAQ:MSFT) open source software for the Kindle.

WSJ:   Intel (NASDAQ:INTC) will start a $2 billion software fund.

WSJ:   Small businesses object to the Obama healthcare plan because it adds to their costs.

WSJ:   The economy is moving up at about its historical average which will not undo the recession’s effects.

WSJ:   India is aggressively pursuing oil and gas reserves outside it borders.

WSJ:   Net income at Nordstom (NYSE:JWN) rose sharply

WSJ:   The Treasury will sell $31 billion in notes today.

WSJ:   A drop in value in used Toyotas could hurt its financing business.

NYT:   Ties between Toyota and US lawmakers will raise questions about inquiries into the car company’s actions.

NYT:   Banks are fighting back as overdraft fees drop due to government mandates.

NYT:   Apple (NASDAQ:AAPL) is banning some sexual content from the iPhone.

NYT:   The head of the San Fransisco Fed said jobs will recover slowly.

NYT:   BrightSource Energy, which is building a large solar facility, will get US help.

FT:   A federal grand jury has subpoenaed Toyota records.

FT:   A Goldman Sachs (NYSE:GS) executive said regulatory standards for swaps with Greece should have been higher.

Bloomberg:   Berkshire Hathaway’s (NYSE:BRK-B) dropped to a 17-month low.

Bloomberg:   Harvard economist Rogoff predicted defaults on sovereign debt

Bloomberg:   Some Toyota supported say that the attacks on the car company are often based on self-interest.

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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