Media Digest (3/8/2012) Reuters, WSJ, NYT, FT, Marketwatch

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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The CEO of Chrysler said he took no pay in 2011 and that, based on financial results, the company is now worth $7.5 billion. (Reuters)

The Treasury will sell $6 billion of AIG (NYSE: AIG) stock to exit its holdings completely. (Reuters)

The Apple (NASDAQ: AAPL) iPad adds enough new features to allow it to fend off most competition. (Reuters)

Toyota (NYSE: TM) recalls 681,000 cars and light trucks in the U.S. (Reuters)

The Justice Department may sue Apple and publishers over e-book pricing. (WSJ)

The U.S.-China Economic and Security Review Commission warns of a major cyberattack by the People’s Republic. (WSJ)

Greece nears to a bond swap with private investors. (WSJ)

Air France/KLM warns on its 2012 results. (WSJ)

AMR says it will not dissolve its pension plan. (WSJ)

Consumer borrowing rises in January, according to the Fed. (WSJ)

ADP says the private sector added 216,000 jobs. (WSJ)

Novartis (NYSE: NVS) tries to buy Pfizer’s (NYSE: PFE) animal health business for $16 billion, but the bid is rejected. (WSJ)

The Fed may set a bond-buying program to offset inflation if the economy grows. (WSJ)

Natural gas prices reach a 10-year low. (WSJ)

The cost of sequencing the human genome falls, which may help in the treatment of a number of diseases. (NYT)

China offers loans to BRIC nations as a way to help spread the use of the yuan. (FT)

Japan posts a record trade deficit for February. (MarketWatch)

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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