Media Digest 6/7/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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MarketWatch:   The Nikkei dropped 3.8%.

Reuters:   The euro dropped to a four-year low as investors exit risk.

Reuters:   Foxconn will up wages after suicides.

Reuters:   Economists expects a slowdown but not a double dip recession.Reuters:   Yahoo! (NASDAQ: YHOO) users will gain more access to Facebook.

Reuters:   Australia will investigate Google’ (NASDAQ: GOOG) privacy policies.

Reuters:   Prudential plc denied it would make another bid for AIA.

WSJ:   Trouble in the market means that the Fed will keep rates low.

WSJ:   Several companies announced positive results on the war against cancer.

WSJ:   Saint Consulting Group is helping companies like Supervalu and Safeway to stop building of Wal-mart (NYSE: WMT) stores.

WSJ:   AT&T (NYSE: T) is in talks about buying a stake in India telco Reliance.

WSJ:   The oil spill and volcano are giving insurance companies a reason to raise rates.

WSJ:   BP plc (NYSE: BP) says its cap on the oil spill is collecting 10,000 barrels a day.

WSJ:   HTC is gaining ground on the Apple Inc. (NASDAQ: AAPL) iPhone.

WSJ:   The G20 is nearing rules on bank capital requirements.

WSJ:   Carlyle is beginning to make large investments in Asian companies.

WSJ:   Tough times in oil drilling could hurt small companies.

WSJ:   GM will begin to advertise on the Super Bowl again.

WSJ:   AT&T’s (NYSE:T) decision to charge for wireless data use will help cable companies.

WSJ:   IRS moves could hurt the use of Build America bonds.

WSJ:   Bank valuations are likely to stall.

NYT:   A deal on bank reform would help change G20 attitudes toward the issue.

NYT:   Makers of Apple apps are worried bandwidth charges will hurt them.

NYT:   Hewlett-Packard (NYSE: HPQ) is building new printers for the handset age.

FT:   Chinese officials are criticizing Goldman Sachs Group (NYSE: GS) for oil hedging.

FT:   IEA says energy subsidies are higher than expected.

FT:   The G20 dropped support for financial stimulus.

Bloomberg:   Oil clean-up will last at least until the fall.

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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