Media Digest (4/2/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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After a record first quarter, investors will look more carefully at financial data and earnings. (Reuters)

Wells Fargo (NYSE: WFC) to open a division to handle the ultra-rich. (Reuters)

Strong Chinese PMI helps calm concern that the nation’s economy has slowed too much. (Reuters)

The head of Foxconn, a major Apple (NASDAQ: AAPL) supplier, says the firm will raise wages and cut hours. (Reuters)

Hostess may try to kill its labor contracts. (WSJ)

EU banks still have weak balance sheets. (WSJ)

Global Payments (NYSE: GPN) says hackers stole data on more than 1.5 million people. (WSJ)

Sirius XM Radio (NASDAQ: SIRI) is trying to fend off an attempt by Liberty Media (NASDAQ: LMCA) to gain control. (WSJ)

China censors web commentary spread by Twitter-like sites. (WSJ)

Easter spending surges. (WSJ)

Starbucks (NASDAQ: SBUX) plans to triple its size in China over the next three years. (WSJ)

The Oprah Winfrey Network cuts a deal with Comcast (NASDAQ: CMCSA) to be carried in more homes. (WSJ)

Pensions that invested in stocks and bonds over the past five years have outperformed those that put money into risky ventures like private equity firms. (WSJ)

The number of working poor in Europe rises sharply. (NYT)

Some of Europe’s largest banks will return much of the cheap three-year funding they got from the European Central Bank. (FT)

American International Group (NYSE: AIG) may move back into the mortgage market. (FT)

EU leaders who have created a new bailout fund want a larger commitment from the International Monetary Fund. (Bloomberg)

The Organisation for Economic Co-operation and Development says Europe is the greatest threat to global economic expansion. (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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