Media Digest (10/6/2010) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   George Soros says Germany has a deflation problem.

Reuters:   China helped keep the yuan’s value low by giving aid to Greece.

Reuters:   China ignored EU comments about the yuan.

Reuters:   Congress wants investigations into foreclosures.

Reuters:   Retail experts believe holiday sales will be relatively good.

Reuters:   Gold and oil both rose.

Reuters:   Motorola (NYSE: MOT) and Verizon Wireless will sell phones aimed at business.

Reuters:   Google (NASDAQ:  GOOG) denied Android copyright claims by Oracle (NASDAQ: ORCL).

Reuters:   Johnson & Johnson (NYSE: JNJ) will continue its quest to buy Crucell.

Reuters:   GE (NYSE: GE) said Wellstream rejected its $1.2 billion bid.

WSJ:   Central banks are aggressively at work on programs to stimulate their local economies.

WSJ:   Holiday sales will be based heavily on discounts, according to  The National Retail Federation.

WSJ:   The US changed crash tests to make it harder to get the highest five star rating.

WSJ:   Toyota Motor (NYSE: TM) will offer rebates for its Lexus cars.

WSJ:   NPD Group and Gartner say laptop sales have been hurt by tablet sales.

WSJ:   Time Warner (NYSE: TWX) has turned to Google to distribute content across the web.

WSJ:   USA Today cut 35 newsroom jobs.

WSJ:   GM will build a compact car under the Buick brand.

WSJ:   Motorola said it is open to running Microsoft (NASDAQ: MSFT) mobile software on its smartphones.

WSJ:   A number of retailers set up a program to compete with Amazon.com (NASDAQ: AMZN).

WSJ:  The IMF meeting will likely focus on to curb currency valuation increases in Asian and Latin America.

WSJ:   The EU may make it harder for China telecom equipment makers to do business in the region.

WSJ:   Novartis said discontinued drugs will damage its sales.

WSJ:   Yum Brands (NYSE: YUM) said profits rose on sales in China.

WSJ:   Qualcomm (NYSE: QCOM) stopped sales of mobile video devices.

WSJ:   The ILFC aircraft lease unit of American International Group (NYSE: AIG) may be spun off.

WSJ:   Reis Inc said rent prices moved up in the third quarter.

NYT:   The National Retail Federation said holiday retail job increases will be low.

NYT:   The federal government says the bailout costs are $29 billion.

FT:   The IMF said its was concerned about currency wars.

FT:   Wall St. said banks earnings will drop.

FT:   Republicans plan to dismantle health care reform

Bloomberg:   VW will sell more mid-sized vehicles in China.

Bloomberg:   Wall St says women workers are not worth as much as men.

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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