Media Digest (10/19/2010) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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Reuters:   Geithner said the US would no devalue to dollar to get a trade advantage.

Reuters:   Bank of America (NYSE: BAC) has begun foreclosures again.

Reuters:   Roy Ozzie, the chief software architect as Microsoft Corp (NASDAQ: MSFT), will leave.

Reuters:   Google Inc. (NASDAQ: GOOG) will end relationships with several large ad resellers in China which could help Baidu (NASDAQ: BIDU).

Reuters:   Steve Jobs attacked the business strategies of rivals including Google Inc. (NASDAQ: GOOG) and Research In Motion (NASDAQ: RIMM).

Reuters:    China has approval to sell its stake in China International Capital.

Reuters:   Potash (NYSE: POT) may have run out of options in its bid to escape a takeover by BHP Billiton (NYSE: BHP)

WSJ:   Consumer retailers are faced with low demand but rising commodities prices for goods used in their products.

WSJ:   BP Plc (NYSE: BP) will link pay to safety.

WSJ:   The cost of the Lehman Bros. bankruptcy is nearly $1 billion, according to SEC filings.

WSJ:   Bondholders have begun to attack banks for lax mortgage rules.

WSJ:   The Medicare programs to lower surgery deaths may be flawed.

WSJ:   The IMF lauded that capital controls of many nations in Asia.

WSJ:   French labor stoppages over pensions shut down part of the country.

WSJ:   Battery costs can be half of what car companies can sell electric vehicles for.

WSJ:   Neil Collins of Reuters Breakingviews resigned due to trading stocks against policy.

WSJ:   Hilton’s success with mortgage-backed paper shows the market has begun to thaw.

WSJ:   China remained the top holder of US debt.

NYT: Pacific Alternative Asset Management Company was supposed to be controlled by women, but probably was not.

NYT:   China continues to push to lower exports of rare earths.

FT:   US companies have asked for a tax amnesty as they bring profits back from overseas.

Bloomberg:   German investor confidence hit a 21-month low.

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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