Media Digest (3/23/2011) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Japan’s markets fell on concerns about contaminated drinking water (Reuters)

The US has stopped imports from the area around Japan’s nuclear disaster (Reuters)

The damage to Japan could cost $300 billion (Reuters)

Officials of the Federal Reserve say the recovery is well underway (Reuters)

Warren Buffett sees sharp growth in global output in the next year (Reuters)

Wal-Mart (NYSE: WMT) will fight the sex bias case against it in the Supreme Court (Reuters)

Trouble in Yemen kept Brent crude at $116 (Reuters)

Samsung said it did not have a built up of inventory of its Galaxy tablets (Reuters)

Research In Motion (NASDAQ: RIMM) will launch its Playbook tablet (Reuters)

A federal judge rejected an agreement between Google (NASDAQ: GOOG) and book publishers (Reuters)

The National Credit Union Association said it lost money on securities sold by banks, the value of which later collapsed (WSJ)

NRG Energy said two nuclear plants it plans to build in Texas may be postponed (WSJ)

The Egypt stock exchange will open with the expectation that shares will fall (WSJ)

The president of Groupon says he will leave (WSJ)

Local pensions will be hurt by the differences in what actuaries say they will yield and the effects of budget cuts (WSJ)

The IMF may increase its role in lending currencies in times of crisis (WSJ)

The UAW will try to organize  US workers at foreign car plants (WSJ)

The CEO of Sprint-Nextel (NYSE: S) attacked the AT&T (NYSE: T) plan to buy T-Mobile (WSJ)

Howard Stern sued Sirius XM  (NASDAQ: SIRI) because he says he was not given promised stock grants (WSJ)

Software makers are having trouble getting visibility at the Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) app stores (WSJ)

The attendance of Steve Jobs at Disney (NYSE: DIS) was attacked for being too infrequent (WSJ)

AOL (NYSE: AOL) folded 30 websites (WSJ)

Detroit’s population dropped 25% in the last decade (WSJ)

An austerity vote may determine whether Portugal’s current leaders stay in place (WSJ)

Supervalu will used more plastic to save costs (WSJ)

Delta (NYSE: DAL) will cut flights to Japan as fliers stop going to the nation (WSJ)

Rare earth metal prices rose even though use by Japan will fall (WSJ)

Ireland’s banks face stringent stress tests (WSJ)

MacroMarkets LLC says that a survey of experts show housing will not rebound this year (WSJ)

Oil prices have been held down by low demand in Japan (NYT)

Apple (NASDAQ: AAPL) could still face parts problems in Japan (NYT)

The FDA banned some imports from Japan (NYT)

Saudi Arabia may walk away from support of the ruler of Yemen (FT)

Plans for a new Europe bailout fund focus on support for defaulting nations (FT)

Rio Tinto (NYSE: RTP) is searching for mining acquisitions (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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