Media Digest 6/29/2010 Reuters, WSJ, NY Times, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   The financial reform bill may be delayed until mid-July.

Reuters:   The storm in the Gulf may delay oil clean-up.

Reuters:   Oil fell to $77.

Reuters:   Baidu Inc (NASDAQ: BIDU) will hire US engineers to work in China.

Reuters:   Top cellular companies will sell the Google Inc. (NASDAQ: GOOG) Android-based phone called the Samsung Galaxy X.Reuters:   Telsa was priced at the top of its IPO range.

WSJ:   Danone will enter markets where people have less than a $1 a day to eat.

WSJ:   Google  will begin to send results to China in a way that may get its license with the government renewed.

WSJ:   The SEC has approved public listings for little-known Russian start-ups.

WSJ:   Online travel firms are looking at buying ITA Software as Google becomes interested in using its products.

WSJ:   The ECB said it will help banks as $547 billion in loans come due.

WSJ:   GlaxoSmithKline’s (NYSE: GSK) Avandia has come under more attacks for creating increased risk of stroke, heart failure and even death.

WSJ:   Dubai’s air service may cancel large numbers of Airbus and Boeing (NYSE: BA) orders.

WSJ:   The Supreme Court struck down a number of the provisions of Sarbanes Oxley.

WSJ:   Elevation Partners increased its stake in Facebook.

WSJ:   More companies are paying dividends.

NYT:   Ireland’s austerity measures have not caused a recovery and its economy is still falling.

NYT:   Dell Computer (NASDAQ: DELL) shipped computers that it knew had problems in from 2003 to 2005.

NYT:   The Supreme Court narrowed the ability to patent certain business methods.

FT:   The Fed may consider slow asset sales.

FT:   Foxconn will move some assembly of Apple Inc. (NASDAQ: AAPL) products to keep costs low.

FT:   Fears in Europe sent money into US Treasuries.

FT:   Illegal immigrants won’t able to make claims to  BP plc (NYSE: BP).

Bloomberg:   Telsa raised $226 million.

Bloomberg:   The Volcker rule may give investment banks a decade to comply.

Bloomberg:   Taiwan will sign its first trade agreement with China.

Bloomberg:   BP is being sued over losses in its employee’s pension.

Bloomberg:   Waves from Alex are reaching the BP recovery site.

Bloomberg:   The head of the IMF said the yuan revaluation will be slow.

Bloomberg:   Greeks began to walk off jobs.

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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