Media Digest 3/16/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The Fed is likely to keep interest rates low for some time.

Reuters:   China said the yuan in not behind the US trade gap.

Reuters:   A record number of Chinese are unhappy about inflation.

Reuters:    The recession left “walking wounded” workers according to a study.

Reuters:   Dodd will boost the power of the Fed in his financial reform legislation.

Reuters:   Toyota (TM) cast doubts on a runaway Prius clam in California.,

Reuters:    A group of Congressmen pressed the Administration on the price of China’s currency

Reuters:   Sony (SNE) made a $250 million deal with Michael Jackson’s estate.

Reuters:   Wachovia is in talks to settle with regulators about money laundering charges.

WSJ;   Lehman fired the whistle-blower in 2008 who brought problems to the government’s attention.

WSJ:   A rocket from start-up SpaceX will carry a Loral rocket into space.

WSJ:   Boeing (BA) and Airbus face competition from Bombardier and Embraer

WSJ:   The Dodd legislation will set up a series of series of winners and loser which will increase the fight between bankers and Congress.

WSJ:   Google’s (GOOG) exit from China would help Microsoft (MSFT)

WSJ:   Twitter may become available in China soon.

WSJ:   Dell (DELL) filed charges against Sony (SNE), Toshiba, Hitachi, and other Asian firms for cartel price setting.

WSJ:   China sold $5.6 billion in US Treasuries in January.

WSJ:   Consol Energy will pay $3.4 billion to acquire the Appalachian exploration-and-production business of Dominion Resources.

WSJ:   PepsiCo (PEP) plans a $15 billion share buyback.

WSJ:   Walmart (WMT) will expand the number of states were it offers bank services by 50%.

NYT:   More than $700 billion in junk bonds will mature over three years starting in 2012.

NYT:   Moody’s said US debt might hurt its Aaa rating.

NYT:   Senators moved to pass the new jobs bill.

NYT:   Europe created a system to make loans to Greece.

NYT:   Medicaid cuts are forcing doctors and patients out of the program.

FT:   Congressional members pressed the Administration to challenge China on the price of the yuan.

FT:   Barclay’s (BCS) looked at buying part of UBS (UBS) before it bought Lehman assets

FT:   Emerging market bond sales hit a record.

FT:   The major report on Lehman raised derivative clearing concerns.

Bloomberg:   Over several years Ford (F) had major problems with accelerators.

Bloomberg:   Europe faces a major struggle with the US over hedge funds and private equity firms.

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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