Media Digest (9/16/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Reuters:   Japan says it is ready to move into the forex market to support the yen.

Reuters:   George Soros says that China was the big winner coming out of the recession.

Reuters:   The Senate could pass the small business bill this week.

Reuters:   The Department of Justice dropped charges against a former Merrill broker in an Enron case.

Reuters:   Microsoft (NASDAQ: MSFT) “Halo Reach” hit $200 million in sales during the first day.

Reuters:   Microsoft released a new version of its web browser.

Reuters:   Yahoo! (NASDAQ: YHOO) said it will not sell its stake in Alibaba.

Reuters:   Potash (NYSE: POT) has begun work on a China-lead buyout to top the bid of BHP Billiton (NYSE: BHP)

WSJ:   Regulators will attack “window dressing” a system banks use to improve balance sheets just before earnings.

WSJ:   Western banks have trouble making money in China.

WSJ:   The Chase website is still broken.

WSJ:   The WTO said that Boeing (NYSE: BA) received illegal aid from the US government.

WSJ:   Microsoft is upbeat on the future of its Kinect platform

WSJ:   German is probing the head of Deutsche Telekom for alleged bribery.

WSJ:   China’s Anshan Iron & Steel Group said it will begin to buy companies in the US.

WSJ:   Research In Motion (NASDAQ: RIMM) is getting more competition from phones powered by Google’s (NASDAQ: GOOG) Android operating system.

WSJ:   Sprint-Nextel (NYSE: S) says it will not buy Clearwire (NASDAQ: CLWR).

WSJ:   A study by Fannie Mae shows that fewer people own homes.

WSJ:   Chevron (NYSE: CVX) is near a natural gas deal in China.

WSJ:   Skyhook Wireles says Google pushed it out of deals.

WSJ:   According to Interbrand, the top 100 brands in the US gained 5% in value over last year.

WSJ:   Large China institutions will start a hedge fund.

NYT:   The payout from the BP escrow fund has been slow.

NYT:   Geithner will testify that China has kept the value of the yuan at levels to improve trade.

NYT:   China has begun to move from low-cost factories as it builds a middle class.

FT:   Greece ruled out the chance that it would default on its debt.

FT:   The US will consider ways to push the yuan higher.

FT:   The EU will begin more harsh regulations of derivatives.

FT:   Petrobras faces hard conditions to bring up oil in some of the regions where it has fields.

Bloomberg:   Fiat and Ford (NYSE: F) both had drops in sales as Europe vehicle sales fell for a fifth month.

Bloomberg:   Shares in Berkshire Hathaway (NYSE: BRK.B) hit their highest level since 2008.

Bloomberg:   Nokia (NYSE: NOK) investors were not impressed with the firm’s new smartphones.

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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