Media Digest (4/11/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Spain’s industrial production falls 5.1% on an annual basis in February. (MarketWatch)

U.S. brokerage firms pay increasingly higher bonuses to get top producers. (Reuters)

Alcoa (NYSE: AA) has a surprising first-quarter profit. (Reuters)

Travelzoo (NASDAQ: TZOO) may put itself up for sale. (Reuters)

The Department of Justice will sue Apple (NASDAQ: AAPL) over the way it helps price e-books. (Reuters)

Shareholder Starboard tells AOL (NYSE: AOL) that it will continue its proxy fight despite the company’s sale of patents. (Reuters)

Carlyle will try to get an $8 billion valuation as it goes public. (Reuters)

Best Buy’s (NYSE: BBY) CEO resigns because of a board investigation into his “personal conduct.” (WSJ)

Fears of financial problems in Spain push down global markets. (WSJ)

Retailers cannot stop buyers from looking at merchandise in stores and then buying online. (WSJ)

SAP (NYSE: SAP) makes a large investment in its efforts to compete with Oracle (NASDAQ: ORCL). (WSJ)

American International Group (NYSE: AIG) will return to the property investing business. (WSJ)

Fannie Mae and Freddie Mac could save $1.7 billion by writing down some loan balances, according to a regulator. (WSJ)

The Institute of Medicine suggests a new tax on medical care. (WSJ)

The National Federation of Independent Business says small businesses are less optimistic because of energy costs. (WSJ)

Officials in India express concerns about energy prices. (WSJ)

The International Monetary Fund will cut its forecasts of China’s current account surplus. (WSJ)

CareerCast says the most desired job last year was software engineer. (WSJ)

China’s oil imports reached 5.55 million barrels a day in March, up 8.7% from last year, according to the China’s General Administration of Customs. (WSJ)

The Federal Reserve may change the way it stress tests large banks. (WSJ)

The falling prices of real estate likely will hurt Chinese property investment firms. (WSJ)

Some economists believe that subsidies for U.S. service firms to do business overseas could sharply improve sales. (NYT)

Gross domestic product may improve, with wholesale inventories as a sign. (NYT)

U.S. states that have tried to change retirement benefits begin to face court actions. (FT)

Prime Minister Mariano Rajoy says his nation’s future may ride on its ability to bring down bond yields as it presents austerity plans. (Bloomberg)

The Journal of the American Medical Association says auto crashes rise before Tax Day. (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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