Media Digest (9/2/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

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By Douglas A. McIntyre Published
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U.S. regulators may ask high-frequency trading firms to provide details of their trades. (Reuters)

The Federal Reserve tells Goldman Sachs (NYSE: GS) it must review its foreclosure records. (Reuters)

Experts cut expectations of unemployment in August to a gain of only 75,000 jobs. (Reuters)

A new hurricane headed for the Gulf of Mexico could disrupt oil production and refineries. (Reuters)

Starz to take its content off Netflix (NASDAQ: NFLX); shares of the movie rental firm may fall 7%. (Reuters)

Amazon.com (NASDAQ: AMZN) says it will add jobs in California if the state backs down on its e-commerce sales tax. (Reuters)

Baidu (NASDAQ: BIDU) launches a mobile app store. (Reuters)

U.S. regulators tell Bank of America (NYSE: BAC) to plan on future deterioration of its business. (WSJ)

A judge rejects a $1.3 billion verdict SAP (NYSE: SAP) must pay Oracle (NASDAQ: ORCL) for theft of information. (WSJ)

Factory orders fall across the globe. (WSJ)

Michael Arrington to leave as the editor of TechCrunch. (WSJ)

Turmoil at Hewlett-Packard (NYSE: HPQ) as customers leave the troubled tech firm. (WSJ)

Samsung to move ahead with Google (NASDAQ: GOOG) Android-powered wireless devices. (WSJ)

The government wants owners of all 104 commercial nuclear reactors to review disaster plans. (WSJ)

Greece says it will miss budget deficit goals because of a drop in GDP. (WSJ)

Ireland says it may need deeper budget cuts to help its economy. (WSJ)

The head of Wendy’s (NYSE: WEN) steps down. (WSJ)

Mosaid Technologies to take over 2,000 patents owned by Nokia (NYSE: NOK). (WSJ)

The U.S. to sue a number of large banks because of “misrepresentations” of the value of mortgage-backed securities. (NYT)

Banks that own Greek bonds push for a new bailout to be completed. (NYT)

T-Mobile loses customers as it waits for a deal with AT&T (NYSE: T) to close. (NYT)

Solar companies in the EU and U.S. seldom have a cost advantage over China rivals. (NYT)

White House budget estimates lower forecasts for the size of the national deficit. (FT)

Economists want the ECB to cut rates. (Bloomberg)

Carl Icahn believes consumer products companies will pay a higher valuation for Clorox (NYSE: CLX) than Wall St. gives to their own firms. (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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