Media Digest 6/14/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   Obama’s leadership will be tested this week by his reaction to BP plc (NYSE: BP) spill.

Reuters:   Jobs are critical to the housing recovery.

Reuters:   China’s AgBank will attempt a $23 billion IPO.Reuters:   A member of the EU council said a strong euro masked problems in the region.

Reuters:   Short covering lifted the euro and gold.

Reuters:   A member of the Fed said EU problems will not delay US central bank decisions.

Reuters:   AT&T (NYSE: T) will work with law enforcement on the iPad security problem.

Reuters:   The ITC will look at Apple’s potential infringement of HTC patents.

Reuters:   Google Inc. (NASDAQ: GOOG) is trying to build a trade violation case over its problems in China.

Reuters:   Petrobras of Brazil may seek a $23 billion stock sale.

WSJ:   The US will demand a BP damage fund.

WSJ:   Investigations about Intel’s (NASDAQ: INTC) relationship with Dell (NASDAQ: DELL) may show  how much the PC company’s finances were impacted.

WSJ:   AT&T blamedc its  iPad security problems on malicious hackers.

WSJ:   German and French banks have huge exposure to Greece, Spain, and Portugal.

WSJ:   Marketers are using location-based solutions to track smartphone users.

WSJ:   Asia exporters are hurt by Europe’s problems.

WSJ:   Workers at a  Honda Motor (NYSE: HMC) plant in China returned.

WSJ:   Spirit Air canceled flights due to a strike.

WSJ:   Investors are ignoring problems in the muni market.

WSJ:   Chevron (NYSE: CVX) said a stop to deepwater drilling was unnecessary.

WSJ:   Oil restrictions may hurt the prospects on long-term use of the Alaska pipeline.

WSJ:   France will cut $55 billion from its budget in the next three years.

WSJ:   Optimism over car sales is failing.

WSJ:   “Karate Kid” was tops at the box office.

WSJ:   The FDIC has come up with new ways to sell assets.

NYT:   The government will release new rules that discourage companies from cutting benefits.

NYT:   The FTC is trying to advise the faltering newspaper industry.

FT:   US banks are likely to lose a battle in Congress to preserve their swaps businesses.

FT:   Price  jumps are hurting coffee speculators.

FT:   The FDA wants a crackdown on genetic testing.

Bloomberg:   Europe’s banks are facing a funding squeeze.

Bloomberg:   BP may lose oil leases in the Gulf.

Bloomberg:   Bailouts of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) could hit $1 trillion.

Bloomberg:   Bokia oy (NYSE: NOK) is losing the app battle to Apple (NASDAQ: AAPL) and Google’s (NASDAQ: GOOG) Android.

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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