Media Digest (9/9/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   The Blue Chip Indicators cut their growth forecasts again.

Reuters:   Goldman Sachs Group (NYSE: GS) was fined 20 million pounds by UK authorities.

Reuters:   New Google (NASDAQ: GOOG) technology will speed up web searches.

Reuters:   GM’s OnStar is testing Facebook applications.

Reuters:   Sony Pictures will animate Marvel comic characters.

Reuters:   Bank of China will sell $8 billion in securities.

WSJ:   National healthcare will not change costs much over the next 10 years,  according to government figures.

WSJ:   Blue chip borrowers like Hewlett-Packard (NYSE: HPQ) are issuing huge amounts of debt.

WSJ:   Financial problems in Ireland raised new concerns about Europe.

WSJ:   Small lenders still have balance sheet problems, according to Commerce Street Capital LLC.

WSJ:   The head of Intel (NASDAQ: INTC) has begun to look beyond PCs for growth.

WSJ:   Hyundai launched its first electric car.

WSJ:   Congress is still struggling with tax cuts for the rich.

WSJ:   The federal budget deficit reached $1.3 trillion.

WSJ:   Germany’s recovery has caused workers to ask for higher wages.

WSJ:   US competitiveness fell in a new report by World Economic Forum

WSJ:   The Hay Group says holiday hiring will be flat.

WSJ:   7/Eleven made a $1.5 billion bid for Casey’s General Stores.

WSJ:   Intel will challenge AMD (NYSE: AMD) in multi-function chips.

WSJ:   The Japanese government favors DoCoMo over KDDI for mobile TV.

NYT:   To build clean energy tech China is breaking WTO rules.

NYT:   Botox is waiting for approval to treat migraines

Bloomberg:   Norway says Greece will not default.

Bloomberg:   Apple (NASDAQ: AAPL) has begun to eat into Sony (NYSE: SNE) and Nintendo game sales.

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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