Media Digest (5/14/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Several senior JP Morgan (NYSE: JPM) executives will leave the bank in the wake of its $2 billion trading loss. (Reuters)

Yahoo! (NASDAQ: YHOO) ex-CEO Scott Thompson has thyroid cancer. (WSJ)

Greece will have elections because parties could not form a coalition. (Reuters)

Growth problems in China prompt leaders to look at stimulus actions. (Reuters)

Apple (NASDAQ: AAPL) may buy TV maker Loewe. (Reuters)

Chesapeake Energy (NYSE: CHK) receives a $3 billion loan to help finances while it sells assets. (Reuters)

LightSquared is likely to file for bankruptcy protection. (WSJ)

A Wall Street Journal panel of economists predicts slow by ongoing growth. (WSJ)

Nissan says the value of the yen will force production out of Japan, (WSJ)

Leaders in Canada look to China for growth as U.S. markets ease. (WSJ)

Facebook, Groupon (NASDAQ: GRPN) and Zynga (NASDAQ: ZNGA) are rapidly buying start-ups. (WSJ)

Carl Icahn invests in Chesapeake Energy. (WSJ)

General Motors’ (NYSE: GM) Europe operation will fight unions over the ability to cut costs. (WSJ)

Walt Disney’s (NYSE: DIS) “The Avengers” leads the box office again over the weekend. (WSJ)

Angela Merkel loses support in elections in a key German state. (NYT)

Avon (NYSE: AVP) may accept a bid from Coty. (FT)

French President Hollande promises to protect jobs just as several large companies prepare to cut them. (Bloomberg)

JP Morgan may fire its entire London trading staff. (Bloomberg)

India inflation rises to 7%. (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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