Media Digest (4/27/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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S&P downgrades Spain and presses for EU action on debt. (Reuters)

The U.S. economy slows as inventories fall. (Reuters)

The Bank of Japan increases yen purchases to 10 trillion. (Reuters)

U.S. companies worry more about a slowdown in China. (Reuters)

Galaxy smartphone sales push Samsung’s earnings up. (Reuters)

The SEC to examine the well ownership of Chesapeake Energy’s (NYSE: CHK) CEO. (Reuters)

The Kindle Fire drives Amazon.com’s (NASDAQ: AMZN) earnings higher. (Reuters)

The United States hires a well-known prosecutor as it moves closer to antitrust action against Google (NASDAQ: GOOG). (Reuters)

U.S. regulators will more closely examine possible insider trading relationships between Goldman Sachs (NYSE: GS) and Galleon. (WSJ)

Many of the jobs U.S. companies have added recently are outside the U.S. (WSJ)

Bidding wars for homes in some areas return. (WSJ)

The yuan hits a new record high. (WSJ)

The new health bill may cause insurers to issue more than $1 billion in refunds. (WSJ)

Zynga (NASDAQ: ZNGA) says it lost money last quarter. (WSJ)

Starbucks (NASDAQ: SBUX) earnings are helped by overseas and grocery sales. (WSJ)

News Corp. (NASDAQ: NWS) and Walt Disney (NYSE: DIS) buy out part owner of Hulu — Providence Equity Partners — for $200 million. (WSJ)

The Attorney General of Mexico will investigate bribery charges against Walmart (NYSE: WMT). (NYT)

The number of wealthy people in Brazil to double in the next 11 years. (FT)

Spanish Economy Minister Luis de Guindos says the European Union has not approached it about a bailout and that its banks have adequate capital. (Bloomberg)

Daimler earnings rise on Mercedes sales. (Bloomberg)

Spain’s unemployment rate reaches 24.4%. (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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