Media Digest (8/29/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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LG Display (NYSE: LPL) cuts capital expenditures as demand for LCD screens is hurt by tablet PC sales. (Reuters)

Samsung to delay its tablet launch in the U.S. because of IP lawsuits from Apple (NASDAQ: AAPL). (Reuters)

Google (NASDAQ: GOOG) says its partners for Google TV will rise. (Reuters)

Commercial real estate loans owned by Anglo Irish Bank sold to JPMorgan (NYSE: JPM), Wells Fargo (NYSE: WFC) and Loan Star for $9.5 billion. (Reuters)

Central bankers still concerned that policy making in most nations is unlikely to help address deficit and stimulus problems. (WSJ)

Corporate earnings could slow as the economy falters and spending drops. (WSJ)

Venture-capital firm Kleiner Perkins Caufield & Byers has trouble investing in Web 2.0 companies after its great success in Web 1.0. (WSJ)

China’s central bank to ask financial firms to increase reserves. (WSJ)

Super bugs begin to attack Monsanto’s (NYSE: MON) genetically modified corn. (WSJ)

Walmart (NYSE: WMT) is successful in its digital download business. (WSJ)

A study from Georgetown University’s McDonough School of Business shows that managers play favorites among employees but not based strictly on performance. (WSJ)

Same-store sales for retailers with big back-to-school inventories are expected to be 4.8% but will come at the price of sharp discounts. (WSJ)

A drug from Bristol-Myers Squibb (NYSE: BMY) and Pfizer (NYSE: PFE) shows success in preventing stokes. (WSJ)

U.S. supports pipeline extension by TransCanada (NYSE: TRP). (WSJ)

Biotech IPOs getting more market support. (WSJ)

Losses from Hurricane Irene may hit $7 billion, another challenge to insurer earnings. (NYT)

Finland policies could undermine efforts to bail out Greece. (NYT)

The U.S. posts a trade surplus in solar power. (NYT)

General Electric (NYSE: GE) to produce short films about innovation. (NYT)

Caterpillar (NYSE: CAT) says U.S. policy destroys prospects for big business. (FT)

Profits from China oil firms allow them another large push to gain overseas assets. (FT)

The government cut forecasts for the size of the U.S. corn crop. (FT)

AT&T (NYSE: T) and T-Mobile to invest $100 million in a venture to challenge Google in the portable payment system business. (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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