Media Digest 11/10/2010 Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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Arguments about the global economy became heated at the G20 summit.  (Reuters)

Research In Motion (NASDAQ: RIMM) prepared to launch its rival to the Apple (NASDAQ: AAPL) iPad and said threats to its BlackBerry product had been overstated. (Reuters)

Hewlett-Packard (NYSE:HPQ) CEO Leo Apotheker was in China as Oracle (NASDAQ: ORCL) tried to get him to testify in a trial between the two companies. (Reuters)

China’s trade balance shot higher. (MarketWatch)

A White House panel on the Gulf oil spill said the companies involved had been careless. (Reuters)

SEC chief Mary Shapiro said the election will not slow financial reform. (Reuters)

AT&T (NYSE: T) has begun to offer a new application store called GetJar. (Reuters)

Cell phones which do not carry brands have begun to take market share from leaders like Apple, according to Gartner. (Reuters)

Google (NASDAQ: GOOG) gave staff 10% bonuses. (Reuters)

General Growth exited Chapter 11. (Reuters)

A Boeing (NYSE: BA) 787 made an emergency landing during tests. (WSJ)

Ireland’s financial future is affected by its investment in two troubled banks. (WSJ)

Larger banks will pay higher FDIC fees. (WSJ)

Analysts fear municipalities will default on their debts. (WSJ)

Commodity prices rose rapidly as the dollar and demand pushed them higher. (WSJ)

The World Bank expressed concerns about currency tensions. (WSJ)

Danone may sell its water business for as much as $7 billion. (WSJ)

Gartner said global handset shipments rose in the third quarter. (WSJ)

A rise in wholesale inventories showed businesses gained confidence. (WSJ)

EU trade officials will push China to open its markets to more foreign businesses. (WSJ)

The yen has hurt Nintendo’s results in part because of the amount of cash it has on its balance sheet. (WSJ)

Exxon Mobil (NYSE: XOM) continues to press its natural gas agenda in the face of investor doubts. (WSJ)

Vodafone (NYSE: VOD) will sell its position in Softband. (WSJ)

HCA will pay a huge dividend to its private equity owners. (WSJ)

Bank of America (NYSE: BAC) and JP Morgan Chase (NYSE: JPM) posted strong trading results. (WSJ)

The real estate industry should be helped by the new Congress. (WSJ)

Short interest on the NYSE and NASDAQ fell. (WSJ)

The debt of Greece and Portugal were pressured by global capital markets traders. (WSJ)

Stores have begun to cut their sizes to save money. (NYT)

Investors think QE2 could hurt the value of paper currencies. (NYT)

Companies are moving health care costs to high paid employees. (NYT)

The G20 are likely to create new bank capital rules which banks say will hurt their results. (NYT)

The head of the World Bank warned the price of gold is not being taken seriously. (FT)

US crop yields pushed concerns about food prices higher. (FT)

Capital markets investors have begun to move out of eurozone bonds. (FT)

Air France-KLM Group and British Airways Plc were fined for conspiring on cargo fuel charges. (Bloomberg)

Clean energy stocks have lost $400 billion in market cap this year. (Bloomberg)

Research In Motion will set its tablet price below $500. (Bloomberg)

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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