Media Digest 6/10/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   Volcker is optimistic about a good financial reform bill.

Reuters:   BP plc (NYSE: BP) shares dropped on concerns about financial viability.

Reuters:   China exports rose, putting the yuan issue center stage.

Reuters:   AT&T (NYSE: T) said 114,000 emails were exposed in a security flaw that hit iPads.Reuters:   Oil prices were up as China’s exports increased.

Reuters:   Google Inc. (NASDAQ: GOOG) attacked Apple Inc. (NASDAQ: AAPL) over new rules for using Apple’s mobile ad platform

Reuters:   Motorola (NYSE: MOT) says Droid sales are excellent.

Reuters:   Neuberger Berman will go public.

WSJ:   The US tried to push the amount BP will have to pay for the spill higher.

WSJ:   The panel that oversees taxpayer investments in financial firms says losses on American International Group (NYSE: AIG) could be substantial.

WSJ:   More marketers are testing 3D ads.

WSJ:   Economists expect slow US growth.

WSJ:   Bernanke warned about the US deficit.

WSJ:   Genzyme and Icahn are ending their proxy fight.

WSJ:   Microsoft Corporation (NASDAQ: MSFT) will try to increase Bing traffic through a deal with AOL Inc. (NYSE: AOL)

WSJ:   Google asked the US and EU to pressure China on its internet rules.

WSJ:   Congress may make it easier for consumers to sue car companies for defects.

WSJ:   Germany rejected aid for Opel leaving GM with the costs.

WSJ:   Santander agreed to pay $2.5 billion to Bank of America Corporation (NYSE: BAC) for its stake in the Spanish bank’s Mexican unit.

WSJ:   Pimco has been buying Treasuries.

WSJ:   JPMorgan Chase (NYSE: JPM) has set up a venture to improve its hold in China’s markets.

WSJ:   Merkel called for more effort to regulate EU financial markets.

WSJ:   Agricultural Bank of China won approve for an IPO.

WSJ:   Short sellers upped bets on stocks.

NYT:   BP says it has the financial strength to deal with Gulf costs.

NYT:   Russian companies are pushing initiatives to sell raw materials to China.

NYT:   Researchers are worried about the time that parents spend online.

NYT:   Honda Motor (NYSE: HMC) faces more labor-related shutdowns in China.

FT:   The UK government and businesses are worried about the US government’s aggressive treatment of BP plc.

FT:   The SEC is conducting a new probe of Goldman Sachs Group Inc.’s (NYSE: GS) use of CDOs.

FT:   Apple Inc. (NASDAQ: AAPL) may face antitrust investigations over its control of mobile ads.

FT:   Unrest is spreading among Chinese workers.

Bloomberg:   AT&T has set a deal with ESPN for 3D ads.

Bloomberg:   Bank of America may face huge home equity losses.

Bloomberg:   BP CDS increased sharply.

Bloomberg:   A child born in 2009 will cost $229,000 to raise.

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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