Media Digest (1/4/2010) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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December retail sales may the last rise in several months. (Reuters)

The US will ease some restrictions on deepwater drilling. (Reuters)

Oil reached a 27-month peak. (Reuters)

Blu-ray could accelerate 3D TV purchases. (Reuters)

MySpace may lay-off a large number of people. (WSJ)

AIG (NYSE: AIG) got a new offer for its Taiwan operation. (Reuters)

Reis says occupied office space rose in the fourth quarter, the first time in three years. (WSJ)

Bankruptcy filings rose 9% in 2010. (WSJ)

Two senior executives left Borders. (NYSE: BGP)

Bank of America (NYSE: BAC) paid Fannie Mae and Freddie Mac $3 billion it sold them. (WSJ)

The cost of mine workers has risen as demand is up due to high commodities prices. (WSJ)

The Oprah channel posted strong numbers over the weekend. (WSJ)

Fiat may lift its stake in Chrysler. (WSJ)

The split up of Motorola (NYSE: MOT) may leave the two new companies more vulnerable to competition and the economy. (WSJ)

Brazil will probably put pressure on China over the value of the yuan. (WSJ)

China may continue its large purchases of Spain’s debt. (WSJ)

TV manufacturers will push smart TVs driven by applications and other consumer-friendly software. (WSJ)

Private stock markets continue to take business from major exchanges. (WSJ)

China will likely buy more oil companies and more oil drilling technology to help it increase direct access to crude. (WSJ)

BP plc (NYSE: BP) shares rose on rumors that Royal Dutch Shell (NYSE: RDS-A) may buy it. (The Daily Mail)

States have started to move to cut the power of unions who represent their workers. (NYT)

The value of M&A transactions rose 23% to $2.4 trillion last year. (NYT)

US manufacturing activity rose in December. (FT)

3D technology has done little to lift Hollywood sales. (FT)

Claims against BP for the oil spill have continued at a rapid pace. (FT)

Republicans are ready for a battle on the US debt ceiling. (FT)

The SEC may look at whether Goldman Sachs (NYSE: GS) dodged disclosure rules in the purchase of a stake in Facebook. (Bloomberg)

Under-employment is still high because small businesses have hired part-time workers. (Bloomberg)

China may slow the gain in they yuan this year. (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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