Media Digest (11/11/2011) Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Italy to vote on sharp budget cuts as the U.S. calls for sharper ones. (Reuters)

The State Department will look for a new route for the Keystone pipeline to satisfy opponents. (Reuters)

Private equity firms may take an initial 20% stake in Yahoo! (NASDAQ: YHOO) and buy the balance later. (Reuters)

Bernanke warns on the dire state of Europe. (Reuters)

Apple (NASDAQ: AAPL) will release software to address short battery life in the iPhone 4S. (Reuters)

Facebook is close to a privacy settlement with the FTC. (WSJ)

Without an economic recovery, the Federal Housing Administration will run out of money. (WSJ)

Starbucks (NASDAQ: SBUX) to sell juice. (WSJ)

Purchases by Walmart (NYSE: WMT) push beef prices higher. (WSJ)

The slowdown in Europe may threaten EU exports. (WSJ)

Libya increases its oil production. (WSJ)

Mario Monti probably will be the next prime minister of Italy. (WSJ)

It may take a long time for the European Financial Stability Facility to raise the trillion dollars plus that it needs. (WSJ)

Shareholders in Olympus want the ousted CEO to return. (WSJ)

Caterpillar (NYSE: CAT) will buy China-based ERA Mining Machinery. (WSJ)

Viacom (NYSE: VIA) says the advertising market has slowed. (WSJ)

Morgan Stanley (NYSE: MS) will be part of a New York State settlement on mortgage foreclosures. (WSJ)

China makes its largest purchase of U.S. cotton in eight years. (WSJ)

Mortgage rates drop below 4%. (WSJ)

Government regulations in China damaged the real estate market in the past few months. (NYT)

Investors use the sale of Italy’s debt as a sign they do not believe in the euro. (NYT)

Regulators will audit more futures firms because of MF Global. (NYT)

Swings in the value of sovereign debt in the eurozone  hurt the power of the ESFS. (FT)

Universal is close to a deal to buy EMI for $1.9 billion. (FT)

The super committee has made little progress on the U.S. deficit. (FT)

Spain’s National Statistics Institute says GDP was flat in Q3. (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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