Media Digest (6/13/2011) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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A blue ribbon jobs council told Obama to put fewer restrictions on construction and make it easier for tourists to visit the US. (Reuters)

Indonesia backed LeGarde for IMF chief. (Reuters)

Trouble with the economy is likely to push stocks lower. (Reuters)

A slow US economy and higher Saudi oil output pressed prices lower. (Reuters)

Apple (NASDAQ: AAPL) store employees may push for a union (Reuters)

An cyber-attack on the IMF was meant to steal data. (Reuters)

The Prada IPO is oversubscribed by a factor of five times. (Reuters)

Citigroup (NYSE: C) waited as long as three weeks to disclose a cyber-attack on credit card data. (WSJ)

Gold miners may offer dividends to compete more effectively with ETFs. (WSJ)

A poll of economists by the WSJ found many concerned about the pace of job additions. (WSJ)

The competition for Nortel patents increased. (WSJ)

The Pandora IPO has created strong interest.(WSJ)

Subprime mortgage derivative prices have fallen enough to draw investors . (WSJ)

Credit policies of the Brazilian National Development Bank could push inflation higher. (WSJ)

The final plans to shut down Lehman involves the disposal of $8 billion of CDS in municipal debt. (WSJ)

Stanley Fisher of Israel said he was a candidate to be IMF chief. (WSJ)

A study by UHY International says Europe has higher effective tax rates than other areas of the world. (WSJ)

IBM (NYSE: IBM) is close to the selection of a new CEO. (WSJ)

Pfizer (NYSE: PFE) is in court in a attempt to expend a Viagra patent which could last until 2019.(WSJ)

Ford (NYSE: F) may have to pay dealers that were closed $2 billion due to severance of contracts that were in existence when they were shut down. (WSJ)

Spotify may launch its service in the US soon. (WSJ)

Harvard Business School will have more people with manufacturing and tech backgrounds in the new class of students. (WSJ)

A group of Canadian firms will bid for the TMX which is already in play. (WSJ)

The spread between WTI crude futures and Brent has widened again. (WSJ)

Some economists see Greece as the next Lehman Bros. (NYT)

Foreign banks are fighting a US law that  makes  them give up customer data to regulators. (FT)

US banks have cut Treasury positions ahead of the August debt ceiling deadline. (FT)

The ECB and Germany may compromise over plans for new Greek loans. (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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