Media Digest (3/14/2011) Reuters, WSJ, NYT, FT, Bloomberg Nikkei Down 6.2%

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The rook of a second nuclear reactor blew off in Japan. (Reuters)

A hacker group plans to release Bank of America (NYSE: BAC) e-mails today. (Reuters)

Members of Congress are certain of a deal to extend emergency government funding. (Reuters)

Oil fell on economic fears about Japan. (Reuters)

Vodafone (NYSE: VOD) and Verizon (NYSE: VZ) will combine their enterprise units. (The Times)

Borders plans to exit Chapter 11 in September. (WSJ)

Jeff Immelt of GE (NYSE: GE) will visit India as skepticism of nuclear fuel rises. (WSJ)

China banks posted new loan figures. (WSJ)

New probes of Fannie Mae and Freddie Mac have focused on management disclosure. (WSJ)

BP (NYSE: BP) has blocked its Russian partner from Arctic drilling (WSJ)

Hewlett-Packard (NYSE: HPQ) will release its new global strategy. (WSJ)

The ECB’s plans to help finance Europe nations is still unclear. (WSJ)

The Apple (NASDAQ: AAPL) iPad 2 marked huge initial sales. (WSJ)

AT&T (NYSE: T) will cap data use for DSL customers. (WSJ)

The International Fund for Agricultural Development says more people from Latin American sent money home last year. (WSJ)

A WSJ poll says the unemployment rate will be 7.7% at the next presidential election. (WSJ)

Several Japanese companies which include Honda Motor (NYSE: HMC) and Toyota Motor (NYSE: TM) will close plants in Japan. (WSJ)

The nuclear industry is likely to reconsider safety and construction. (WSJ)

EU leaders set a new bailout plan. (WSJ)

BP increased the size of its biolfuel business. (WSJ)

ExecuNet Inc says many jobs candidates already have another offer. (WSJ)

Paid TV services rose last year. (WSJ)

Ernst & Young may be the major target of Lehman Bros lawsuits. (WSJ)

The Fed could tighten to curtail oil speculation but would probably hurt economic growth. (WSJ)

The Japan quake could cost insurers $35 billion. (WSJ)

Japan’s need for more imported oil may rise putting upward pressure on oil prices. (WSJ)

States have put more pressure on Amazon.com (NASDAQ: AMZN) to pay  sales tax. (NYT)

Power and water shortages could hurt the Japanese economy. (NYT)

The Bank of Japan made $265 billion available to support the yen and the economy. (FT)

Risky loans have hit $30 billion in the US this year. (FT)

China passed the US as the world’s largest goods producer. (FT)

IBM (NYSE: IBM) may be years ahead of Hewlett-Packard (NYSE: HPQ) in a number of businesses. (FT)

Ireland defied the EU when it said it will keep corporate tax rates the same. (Bloomberg)

Refinery margins are likely to improve after the quake. (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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618