Media Digest (1/11/20110 Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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The G20 has begun work to lower chances of a food crisis (Reuters)

China is likely to tighten again (Reuters)

Oil stayed above $89 due to a shutdown of the Alaska pipeline (Reuters)

The CEO of AMD (NYSE: AMD) resigned (Reuters)

AT&T (NYSE: T) may face a hard year once it loses its Apple (NASDAQ: AAPL) iPhone exclusivity (Reuters)

Simon Property abandoned its CSC bid. (Reuters)

An ongoing problem with high unemployment is that people are taking  jobs for much less pay than they received before (WSJ)

Goldman Sachs Group (NYSE: GS) will offer much more detailed information about its businesses in financial reports (WSJ)

Concerns rose about Portugal’s finances ahead of a bond auctions (WSJ)

Alcoa (NYSE: AA) posted better than expected results (WSJ)

American Air (NYSE: AMR) sued Sabre over how its ticket prices are displayed for travel agents (WSJ)

Radio Shack will lose kiosks it has in Wal-Mart Sam’s Clubs. (WSJ)

The Fed’s net income rose to $80.9 billion last year (WSJ)

Congress wants to raise the cap on liability for off shore oil accidents (WSJ)

The fortunes of US car makers improved and Ford Motor (NYSE: F) will add 7,000 workers (WSJ)

GM (NYSE: GM) may buy back part of GMAC to help fund car buying (WSJ)

Australian floods lifted the demand for US coal (WSJ)

Toyota Motor (NYSE: TM) increased the size of its Prius line (WSJ)

Intel (NASDAQ: INTC) will settle IP claims with Nvidia (NASDAQ: NVDA) for $1.5 billion (WSJ)

The mutual fund industry proposed a plan to back-stop money market funds during market difficulties (WSJ)

Toyota said it would regain its quality image (NYT)

M&A deal volume has already reached $83 billion this year. (FT)

Investment banks are lining up to get a piece of advisory roles for AIG’s (NYSE: AIG) restructuring (FT)

The European Central Bank is buying Portugal’s bonds (FT)

Basel III components are meant to prevent global bubbles (FT)

Japan will join China as a major investor in EU nation bonds (Bloomberg)

China’s currency reserves rose to $2.85 trillion and caused more concern about inflation (Bloomberg)

Toyota will increase global output as VW tries to challenge it for the No.1 spot in global car sales (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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