Media Digest (5/31/2012) Reuters, WSJ, NYT, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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Annual meetings of Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) will include questions about fracking. (Reuters)

Ford (NYSE: F) will begin to buy out some of its pension funds. (Reuters)

JP Morgan (NYSE: JPM) to restructure its CIO division. (Reuters)

The FTC will turn to top legal talent as it takes on Google (NASDAQ: GOOG). (Reuters)

A software license trial will drive a wedge between once-close companies Hewlett-Packard (NYSE: HPQ) and Oracle (NASDAQ: ORCL). (WSJ)

Kayak Software to delay its IPO because of the troubled Facebook (NASDAQ: FB) deal. (WSJ)

The United States sets tariffs on Chinese wind turbine towers. (WSJ)

European Commission officials suggest that the eurozone set up a “banking union” to bail out regional financial firms; Germany objects. (WSJ)

Walmart (NYSE: WMT) presses its position as an honest company at a meeting with international employees. (WSJ)

Strikers against Caterpillar (NYSE: CAT) reject the firm’s new employment offer. (WSJ)

New approvals from the People’s Republic make it more likely Apple (NASDAQ: AAPL) can sell its latest iPad in China. (WSJ)

Oil prices drop to a seven-month low. (WSJ)

EU leaders believe a bailout of Spain will buckle its funds for the rescue of troubled economies. (NYT)

German, UK and U.S. bond yields reach new lows as money makes a flight to safety. (FT)

More officials want Spain to investigate the collapse of Bankia. (FT)

India’s GDP grows at only 5.3%, its worst showing in nine years. (FT)

Brazil cuts interest rates to record lows to stimulate its economy. (FT)

Trials between Samsung and Apple will begin at the ITC. (Bloomberg)

Gold will have its worst monthly drop in 13 years. (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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