Media Digest (2/1/2011) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published
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China PMI data for January showed inflation (Reuters)

BP plc (NYSE: BP) posted strong earnings and reinstated its dividend (Reuters)

The IMF said imbalances in employment and prices could cause protectionism among nations (Reuters)

A Florida judge said some portions of the healthcare package are no constitutional (Reuters)

Strong US economic data and Egypt pushed oil to $100 (Reuters)

The new risk of political instability could change the picture the financial world has of emerging markets (Reuters)

Intel (NASDAQ: INTC) found a flaw in some of its new chips and will take a charge (Reuters)

IBM (NYSE: IBM) promoted the operating functions it can add to the Research In Motion (NASDAQ: RIMM) Playbook (Reuters)

Chrysler said it would be profitable next year as it prepares for an IPO (Reuters)

Hedge funds have asked the SEC for guidance on the use of expert networks (WSJ)

Sanofi-Aventis is near a deal to buy Genzyme (NASDAQ: GENZ) (WSJ)

The WTO says Boeing (NYSE: BA) got improper subsidies (WSJ)

Asian handset companies are rapidly increasing their use of Google’s (NASDAQ: GOOG) Android (WSJ)

Eurozone inflation increased in January (WSJ)

State tax revenue moved up in the last quarter due to higher tax rates and improvements in the economy (WSJ)

Banks improved lending to large companies but smaller firms still have little access to capital (WSJ)

Direct bank negotiations modified two million home loans during the last 19 months while HAMP only effect 521,000 (WSJ)

The recession cut the number of homeowner to below 2007 levels (WSJ)

China’s capital accounts surplus rose again in 2010 (WSJ)

The internet is running out of new web addresses according to the American Registry for Internet Numbers (WSJ)

The ability to raise money for firms with risky balance sheet has not offset that risk (WSJ)

The launch of an Amazon.com (NASDAQ: AMZN) streaming video service could challenge Netflix (NASDAQ: NFLX) (WSJ)

The EPA ruled against chemicals used in fracking contaminate water sources

Federal Reserve survey of senior credit officers says large firms have more access to capital (NYT)

Applications for smart devices are making its easier to read content on the web (NYT)

New government guidelines for healthy eating suggest that people consume less (NYT)

Apple (NASDAQ: AAPL) is tightening control over software sold at the App Store (NYT)

The Federal Reserve survey of senior credit officers shows that banks are offering more credit as they compete for business from large companies (FT)

The ECB will end its emergency buying of bonds (FT)

Citigroup (NYSE: C) will pay more banker bonuses in stock (Bloomberg)

ARM profits rose on smartphone and tablet sales (Bloomberg)

Baidu (NASDAQ: BIDU) posted record profits and will start social network offerings that could challenge Tencent (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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