Media Digest 8/19/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Reuters:   There do not appear to be any bids to rival BHP Billiton’s (NYSE: BHP) for Potash (NYSE: POT)

Reuters:   A US government agency is considering more self-regulation for oil

Reuters:   GM filed for its IPO.

Reuters:   Hedge fund giant Stan Druckenmiller will close Duquesne Capital Management after 30 years in the business.

Reuters:   Hewlett-Packard (NYSE: HPQ) hired Spencer Stuart for its CEO search.

Reuters:   India said it found a way to access data from communications between Research In Motion (NASDAQ: RIMM) Blackberry handsets.

Reuters:   The Apple Inc (NYSE: AAPL) iPhone 4 may go on sales in China.

WSJ:   Procter & Gamble (NYSE: PG) said it will begin a major battle within the consumer products industry to get back market share.

WSJ:   The SEC filed charges against New Jersey for misleading investors about some of its bonds.

WSJ:   RIM is looking for a mobile ad network.

WSJ:   Johnson & Johnson (NYSE: JNJ) will revamp its troubled manufacturing operations.

WSJ:   Starbucks (NASDAQ: SBUX) will use its stores to test products it may put into grocery stores.

WSJ:   States will begin to monitor small hedge funds.

WSJ:   Weekly jobless claims turn out to be a good predictor of changes in the economy.

WSJ:   Exxon-Mobil (NYSE: XOM) ended it exploration plans in Ghana.

WSJ:   Some scientists say only 10% of the oil spill has been cleaned up.

WSJ:   Small business created most of the job losses in the economy according to the Labor Departments Employment Dynamics division.

WSJ:   German car makers are relying more on China.

WSJ:   Companies have restarted talks on net neutrality

WSJ:   GM and SAIC will build new high tech engines in China.

WSJ:   Facebook will begin to offer a location feature.

WSJ:   Mortgage refinancing jumped.

NYT:  A new federal agency is providing funds for alternative car fuels.

FT:   Japan is buying more foreign bonds.

Bloomberg:   The yield on Germany’s 30-year bond dropped below 3%.

Bloomberg:   Florida could bill BP plc (NYSE: BP) for oil damages which would help close its budget gap.

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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