Media Digest 5/25/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Stocks around the world continue to fall on euro concerns.

Reuters:   The bailout of Spanish banks is not over.

Reuters:   S&P says a “herd” mentality could drive European stocks down.

Reuters:   The IMF says that Spain must make further reforms.

Reuters:   Rep Frank will help craft the final version of the financial reform bill.Reuters:   Nokia oy (NYSE: NOK) and Yahoo! Inc. (NASDAQ: YHOO) have set a JV for mobile phone software.

Reuters:   WaMu bond holders object to new bankruptcy plans.

Reuters:   The head of Prudential plc says shareholders support the AIA takeover.

WSJ:   Oil came ashore as federal officials said they must rely on BP plc to fix the leak.

WSJ:   The borrowing costs for European banks are rising quickly.

WSJ:   Walt Disney (NYSE: DIS) is  ending talks to sell Miramax

WSJ:   Microsoft Corporation (NASDAQ: MSFT) expects to shake up the management of its device division.

WSJ:   Junk rated firms cannot raise money.

WSJ:   More people are quitting their jobs, according to the BLS,.

WSJ:   Cities and states are still struggling with budget loads.

WSJ:   Intel (NASAQ: INTC) offered low-powered chips with higher computing power.

WSJ:   BP will end the use of chemicals to break up the spill.

WSJ:   China’s CITIC plans a bond sale.

WSJ:   The UK faces the largest debt hurdle in Europe.

WSJ:   The NFL failed to get antitrust immunity.

WSJ:   Clinton and Geithner are up against resistance in China talks.

WSJ:   There are plans to revive carbon trading.

FT:   The head of the American International Group (NYSE: AIG) may quit over the Prudential plc deal.

FT:   US regulators may force changes in the telecommunications act.

FT:   The EU may set levies to cover future bank failure costs.

Bloomberg:   British Airways has cut more flights.

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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