Media Digest 4/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Daimler kept its earnings and dividend outlook for 2010.

Reuters:   American International Group (NYSE: AIG) raised $2 billion thought an aircraft sale.

Reuters:   Intel Corporation (NASDAQ: INTC) results lifted markets in Asia.

Reuters:   A government report says mortgage modifications have been too low.

Reuters:   Fed officials see a slow recovery.

Reuters:   Obama hoped for a yuan move but China pushed back.

Reuters:   Wal-Mart Stores Inc (NYSE: WMT) will make India a large outsourcing hub.

Reuters:   A Morgan Stanley (NYSE: MS) fund may lose $5.4 billion.

WSJ:  Executives at Toyota Motors Corp. (NYSE: TM) have started to blame each other for recalls, putting the founding family against other executives.

WSJ:   Banks are fighting to block new rules on derivatives.

WSJ:   Bank of American Corporation (NYSE: BAC) named an outsider as CFO.

WSJ:   The Treasury is trying to make sure that courts and creditors do not seize Social Security benefits.

WSJ:   The ex-head of Washington Mutual blamed Wall St.’s “club” for the failure of the bank.

WSJ:   The USDA may relax sugar quotas.

WSJ:   Large, risky banks face higher fees.

WSJ:   Demand for new Greek debt was strong.

WSJ:   Abercrombie & Fitch Co. (NYSE: ANF) paid its CEO to fly less.

WSJ:   Starbucks Corporation (NASDAQ: SBUX) will make a big push into China.

WSJ:   Apple Corporation (NASDAQ: AAPL) made upgrades to its Macbook Pro

WSJ:   New regulations would tax bank derivatives trading.

WSJ:   A suit says hiring for US Census jobs has been plagued by discrimination against minorities.

WSJ:   Housing data may hide inflation and bubbles because it pushes down economic data.

WSJ:   Good capital markets have allowed European property companies to refinance debt.

WSJ:   Troubles in the bank industry and new laws could hurt bank plans to raise dividends.

WSJ:   Toyota stopped sales of a Lexus SUV model with safety problems.

WSJ:   Twitter started a new ad program to increase revenue.

WSJ:   Nearly half of the households in the US owe no taxes.

NYT:   Banks are resisting plans to cut mortgages.

NYT:   More Congressmen are going to work for financial firms when they retire.

NYT:   Genetically engineered crops may be overused.

FT:   The IMF is pushing a plan for bank surcharges in Europe.

FT:   Investors are trimming their bets on Greece on new worries about the nation’s economy.

FT:   Thomson Reuters will launch new web products to fight Bloomberg.

FT:   Elan Microelectronics will expand its patent suit against Apple to include the iPad.

Bloomberg:   China’s growth may cause a new increase in interest rates.

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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