Media Digest (11/16/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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The demand for GM stock may push the price per share of the IPO to $33. (Reuters)

Rolls Royce began to build more engines to replace faulty ones on Airbus A380s. (Reuters)

George Soros said that both China and the US has causes for QE2. (Reuters)

Apple (NASDAQ: AAPL) will introduce Beatles songs to iTunes. (Reuters)

The dollar got support from US yields and euro problems. (Reuters)

Facebook will compete with Google (NASDAQ: GOOG) and Yahoo! (NASDAQ: YHOO) as it launches it new messaging service. (Reuters)

Google’s new phone software allows e-commerce payments. (Reuters)

Microsoft (NASDAQ: MSFT) sold 1 million Kinect game devices.  (Reuters)

BHP Billiton (NYSE: BHP) said it will continue to look for M&A deals.

China’s closed economy has an effect on global markets which let global competition set markets. (WSJ)

Congress will looks at the securitization industries to see how they affect credit markets. (WSJ)

Bond buyers have begun to work against the Fed by the sale of US debt which has driven up yields. (WSJ)

Caterpillar (NYSE: CAT) will buy Bucyrus for $7.6 billion. (WS)

The New York manufacturing index was weak (WSJ)

Fed Vice Chair Janet Yellen defended QE2. (WSJ)

Consumers moved back into a buying mode based on recent retail sales numbers. (WSJ)

A decision to extent job benefits to 2 million unemployed Americans is likely to be left to the next session of Congress. (WSJ)

China limited foreign investment in its domestic real estate supposedly to prevent bubbles. (WSJ)

Ireland is under increased pressure to accept a bailout. (WSJ)

Germany and Greece fought over the terms of future bailouts. (WSJ)

The Administration has eased healthcare rules to make its easier for employers to switch plans. (WSJ)

China will begin to build its own passenger aircraft, a blow to Boeing (NYSE: BA) and Airbus. (WSJ)

Auto designers have begun to look at the non-engine part of cars to increase fuel mileage. (WSJ)

Comcast (NASDAQ: CMCSA) launched an Apple app to allow people to watch TV and see program guides. (WSJ)

Corn moved up on anticipated Chinese demand. (WSJ)

Precious metal ETFs have grown at record paces. (WSJ)

Finance ministers in Europe have put pressure on Portugal and Ireland to solve their debt problems. (FT)

Google asked the US government to help it will censorship problems in foreign nations. (FT)

A weaker dollar may not help US unemployment. (NYT)

Gazprom will begin to drill in the ocean near Cuba. (NYT)

Errors in surgery and medication prescriptions were mentioned in a new HSS report. (NYT)

Ireland may abandon its attempts to solve its own debt problems. (Bloomberg)

Adidas will increase its number of stores in China to 6,100. (Bloomberg)

Gap (NYSE: GPS) and Walmart (NYSE: WMT) will raise prices due to increased cotton costs. (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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