Media Digest 7/20/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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WSJ: Nokia (NYSE: NOK) will begin the search for a new CEO.

Reuters:   BP plc (NYSE: BP) will continue its work on the leaking well and said seepage had nothing to do with its efforts.

Reuters:   China approved Google’s (NASDAQ: GOOG) search engine tweaks.

Reuters:   A deal between Intel Corporation (NASDAQ: INTC) and the FTC over antitrust issues will carry no fines.Reuters:   Apple Inc. (NASDAQ: AAPL) expanded iPad sales to nine more countries.

Reuters:   Amazon.com (NASDAQ: AMZN) says Kindle price cuts improved sales.

Reuters:   Nokia Siemens bought Motorola’s (NYSE: MOT) telecom equipment operation for $1.2 billion.

WSJ:   Large banks are pushing smaller ones out of the mortgage and individual deposit businesses.

WSJ:   Toyota Motor (NYSE: TM) was subpoenaed by a grand jury over steering problems.

WSJ:   International Business Machines (NYSE: IBM) reshuffled its top management team. setting the stage for the race to find a new CEO.

WSJ:   China topped the US in energy use last year.

WSJ:   Morgan Stanley (NYSE: MS) may cut back its huge property holdings.

WSJ:   Spending has moved up for internet infrastructure.

WSJ:   BP is considering more ways to permanently stop the leak of its well.

WSJ:   Fashion magazine ad pages increased sharply.

WSJ:   The US Senate is set to extend jobless benefits.

WSJ:   The ECB cut government bond buying, a sign the EU financial problems may be improving.

WSJ:   CEOs are ready to start spending again.

WSJ:   One of the FDA panelists that supported GlaxoSmithKline’s (NYSE: GSK) Avandia gets fees from the company.

WSJ:   Problems were found in a third Johnson & Johnson (NYSE: JNJ) plant that makes OTC drugs.

WSJ:   Google Inc. (NASDAQ: GOOG) halted sales of its Nexus One.

NYT:   Deals made at the Farnborough air show bode well for Boeing (NYSE: BA) and Airbus.

FT:   Intel reached an antitrust deal with FTC.

FT:   The Fed is considering looser money policy.

Bloomberg:   Apple’s profits may have doubled.

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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