Media Digest (9/23/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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A shutdown of the federal government could still happen at the end of the month as the budget battle moves to the Senate. (Reuters)

Hewlett-Packard (NYSE: HPQ) names Meg Whitman, former CEO of eBay (NASDAQ: EBAY), as its new CEO. (Reuters)

News Corp.’s (NASDAQ: NWS) News of the World may have tapped the phone of a government official. (Reuters)

Facebook has created a new product to allow its members to share media more easily. (Reuters)

Oracle (NASDAQ: ORCL) wants a $1.16 billion license from Google (NASDAQ: GOOG) for Android. (Reuters)

Policymakers grow more concerned that they do not have a unified effort to prevent a double-dip recession. (WSJ)

Boeing (NYSE: BA) will have trouble rapidly increasing the production of its 787 Dreamliner. (WSJ)

Moody’s downgrades eight Greek banks. (WSJ)

Bank of America (NYSE: BAC) sells $880 million of its commercial real estate loans. (WSJ)

Chrysler cannot agree on pay with the UAW. (WSJ)

Sears Holdings (NASDAQ: SHLD) begins to lease more of its store space to outsiders. (WSJ)

Exxon Mobil (NYSE: XOM) receives agreement to drill in shale oil regions of Ohio. (WSJ)

New data show the eurozone has moved back toward recession. (WSJ)

Transit workers begin strikes in Greece. (WSJ)

Large companies find it easy to get inexpensive credit. (WSJ)

Silver Lake Partners and Digital Sky Technologies to invest $1.6 billion in Alibaba. (WSJ)

The EU searches for ways to stimulate the Greek economy. (NYT)

Nike’s (NYSE: NKE) profits rose 15%. (NYT)

The EU to recapitalize 16 banks with weak balance sheets. (FT)

The ECB says it is ready to help with liquidity in the region if the economy worsens. (Bloomberg)

The EU may increase the size of its bailout fund. (Bloomberg)

Commodities prices fell sharply in recent weeks. (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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