Media Digest 11/18/2010 Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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The GM IPO will be the largest eve.r (Reuters)

Regulators indicated banks may face large write-offs on mortgages. (Reuters)

Demand for the Chevy Volt has risen quickly. (Reuters)

Toyota (NYSE: TM) expected higher US sales in 2011.(Reuters)

China says it will keep inflation low. (Reuters)

Mazda will say Ford (NYSE: F) is no longer its top shareholder. (Reuters)

The Nikkei topped 10,000 for the first time in months. (Reuters)

Twitter may raise capital but claims to have large amounts of cash already. (Reuters)

News Corp (NYSE: :NWS) says it will soon have a tablet publication application. (Reuters)

China Unicom (NYSE: CHU) will launch its own branded phones. (Reuters)

Barnes & Noble (NYSE: BKS) approved a new takeover provision. (Reuters)

The US Agricultural Secretary said food prices will not surge. (WSJ)

California had little interest in its new bond issue. (WSJ)

Cerberus has made a large sum of money through the purchase of distressed mortgage-related paper. (WSJ)

A EU plan to help Ireland is nearly done. (WSJ)

The Fed will make large banks take stress tests before they can offer dividends. (WSJ)

Large jewelry chains have started to feel the effect of higher gold. (WSJ)

Google (NASDAQ: GOOG) has moved into the fashion e-commerce business. (WSJ)

US CPI rose the least in decades.(WSJ)

Americans are skeptical about a White House panel to plan to cut the deficit. (WSJ)

Bernanke took his QE2 case to Senators. (WSJ)

A Chinese telecom firm too a large amount of global internet traffic for a brief period. (WSJ)

Merck’s (NYSE: MRK) cholesterol drug anacetribib, passed a number of worldwide tests. (WSJ)

Rolls Royce will replace 40 jet engines. (WSJ)

Verizon Wireless may charge fees based on the speed of customer wireless connection speed. (WSJ)

Target (NYSE: TGT) said it expects good holiday sales. (WSJ)

The FDA  will ban drinks with a mix of alcohol and caffeine. (WSJ)

The use of old data has hurt muni sales. (WSJ)

Goldman Sachs Group (NYSE: GS) appointed 110 new partners. (WSJ)

The panel which was formed to review the financial crisis will delay its report–a possible sign of disagreement among members. (Reuters)

Chrysler has fallen behind Ford Motor (NYSE: F) and GM in its effort to revive itself. (NYT)

A return to national currencies among eurozone members could be harmful to their economies. (NYT)

State involvement in the mortgage mess may delay an improvement (NYT)

More viewers have dropped cable in favor of internet TV. (FT)

Singapore says its economy could rise 6% next year. (Bloomberg)

Norway banks have the lowest default risk of any in the world according to data provider CMA. (Bloomberg)

The IMF says asset deflation in Hong Kong could hurt its economy. (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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