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Media

Media Digest (4/10/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published
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Charles Blahous, a George Mason University research fellow, reports that the new health care law could add $530 billion to the deficit. (Washington Post)

Fed Chairman Bernanke says many banks need larger capital buffers. (Reuters)

Facebook to buy Instagram for $1 billion. (Reuters)

Microsoft (NASDAQ: MSFT) outbids Amazon.com (NASDAQ: AMZN) for key AOL (NYSE: AOL) patents. (Reuters)

Sony (NYSE: SNE) says it will lose $6.4 billion for the year, more than twice recent estimates. (Reuters)

Major wireless carriers will create a database to track stolen phones. (Reuters)

President Obama puts additional support behind the “Buffett tax.” (WSJ)

China has a large trade surplus in February. (WSJ)

The former CEO of E*Trade (NASDAQ: ETFC) may be the new CEO of Freddie Mac. (WSJ)

Oil leaks in the North Sea keep Brent crude prices high. (WSJ)

The FDA is troubled by its failure to screen faulty heart-defibrillator wires. (WSJ)

Chesapeake Energy (NYSE: CHK) to raise $3.6 billion to help offset low natural gas prices. (WSJ)

Tumi will raise $319.6 million via an initial public offering. (WSJ)

Toyota (NYSE: TM) sets up new R&D procedures to speed decisions. (WSJ)

European companies borrow more from bondholders than from banks in the first quarter. (WSJ)

Honda (NYSE: HMC) to push for more growth in China. (NYT)

More states push for higher minimum wages. (NYT)

U.S. regulations help increase imports of ethanol from Brazil. (FT)

Leaders in Spain continue to press their case that the nation will not need a bailout. (Bloomberg)

First-quarter profits likely will be hit by slowdowns in consumer spending in Europe. (Bloomberg)

German exports rise in February. (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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