Media Digest 4/23/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The push for a stronger yuan has been modest at the G20 meetings.

Reuters:   A Goldman Sachs Group (NYSE: GS) Director Rajat Gupta told hedge fund billionaire Raj Rajaratnam about a $5 billion investment in Goldman by Berkshire Hathaway (NYSE: BRK.B)

Reuters:   Morgan Stanley (NYSE: MS) has gotten an extension on loans it made on hotels in Japan.

Reuters: Worries about a Greek default hurt European stocks.

Reuters:   Research in Motion (NASDAQ: RIMM) is expected to launch new handsets.

Reuters:   Government watchdogs are keeping an eye on Facebook privacy policies.

WSJ:   Goldman’s approach to customers is drawing scrutiny in Germany.

WSJ:   A Senator attacked GM for saying it was repaying the government out of earnings and not a government escrow account.

WSJ:   Increases in raw goods due to demand in Asia are hurting corporate profits and increasing consumer prices.

WSJ:   Sales of Windows 7 pushed up earnings at Microsoft (NASDAQ: MSFT).

WSJ:   Amazon (NASAQ: AMZN) sales moved up sharply.

WSJ:   Geely, which bought Volvo, will market a large number of new models.

WSJ:   Improving consumer balance sheets helped the earnings of American Express (NYSE: AXP) and Capital One (NYS: COP)

WSJ:   US Airways (NYSA: LCC) walked away from talks with UAL (NASDAQ: UAUA).

WSJ:   Home sales rose last month.

WSJ:   SEC staffers have been searching the internet for porn.

WSJ:   The final fight over a financial reform bill will happen soon.

WSJ:   Traders are gambling on a Greek default.

WSJ:   China is opening an investigation of possible dumping by  fiber and chemicals by US and UK firms in a trade dispute.

WSJ:   CenturyTel agreed to buy Qwest (NYSE: Q) for $10.4 billion.

WSJ:   Verizon (NYSE:VZ) had trouble adding new wireless users.

WSJ:   Redbox and the film industry set new rules for release dates.

NYT:   Some bankers were worried about the Abacus deal.

NYT:   E-mails show credit rating employees were concerned about how ratings were handled.

FT:   Goldman Sach’s role in the Lloyds refinancing is being questioned.

FT:   California is examining the role of CDS in the credit crisis.

Bloomberg:   Greece may try to get a bridge loan to cover obligations during the next several months.

Bloomberg:   UAL (NASDAQ: UAUA) and Continental (NYSE: CAL) are considering an all-stock merger.

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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