Media Digest (12/1/2010) Reuters, WSJ, FT, NYT, Bloomberg

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By Douglas A. McIntyre Updated Published
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The Federal Reserve will disclose which banks got crisis loans in the 2007 to 2009 period. (Reuters)

Factories in China and India increased production last month. (Reuters)

US regulators intend to press banks on their lack of paperwork on foreclosures. (Reuters)

The FCC will propose that broadcast airwaves be used for wireless traffic. (Reuters)

Linux has become a great source of software for wireless operating systems. (Reuters)

Google (NASDAQ: GOOG) is close to a purchase of Groupon. (Reuters)

Google will launch an e-book effort–Google Editions. (WSJ)

The President’s deficit panel may suggest middle class tax breaks. (WSJ)

The debt crisis in Europe grew as the cost to insure debt in France and Belgium grew. (WSJ)

The US is reviewing a fight between Level 3 (NASDAQ: LVLT) and Comcast (NASDAQ: CMCSA) over whether the cable company charged levies for traffic. (WSJ)

The competition for laser-based chips has heated up. (WSJ)

Airbus will announce and A320 with a new engine. (WSJ)

China has started a new anti-piracy campaign. (WSJ)

Online purchases rose sharply on Cyber Monday according to Coremetric. (WSJ)

Home prices fell sharply in the last S&P/Case-Shiller study (WSJ)

State income has begun to grow because of higher taxes. (WSJ)

The natural gas industry may have to reveal what chemicals it uses in drilling. (WSJ)

Protests in the UK and Italy rose over budget cuts. (WSJ)

Merck (NYSE: MRK) named a new CEO. (WSJ)

Morgan Stanley (NYSE: MS) has begun to look into the secondary office markets to make money. (WSJ)

Europe will conduct bank stress tests next year and official have argued over how they are done. (WSJ)

AIG (NYSE: AIG) offered the first bond sale since its catastrophe. (WSJ)

Google investors are worried about the price it may pay for Groupon. (NYT)

Bernanke discussed the intransigence of the jobless problem. (NYT)

GM will hire 1,000 workers to build its Volt. (NYT)

The ECB may buy more bonds to steady the sovereign debt concerns. (FT)

US stocks were helped by the trouble in Europe and chances on a compromise on American deficit solutions. (FT)

Porsche shareholders approved a sale to VW. (FT)

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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