Media Digest (7/31/2012) Reuters, WSJ, NY Times, FT

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Yahoo! Inc.’s (NASDAQ: YHOO) former interim CEO, Ross Levinsohn, quits. (Reuters)

Manchester United sets IPO terms. (Reuters)

The jury is selected in the Apple Inc. (NASDAQ: AAPL) vs. Samsung Electronics Co. IP suit. (Reuters)

It may take the European Central Bank weeks or months to implement plans to help bring down the cost of debt for weak nations in the region. (Reuters)

BP PLC (NYSE: BP) took a $5 billion second-quarter charge mostly on shale write-downs. (Reuters)

Apple prepares for the September 12 meeting at which the iPhone 5 will be launched. (Reuters)

Toshiba Corp.’s profits rise 178%. (Reuters)

Coca-Cola Co. (NYSE: KO) sets the executives who will compete for the CEO job. (WSJ)

Dendreon Corp. (NASDAQ: DNDN) cuts 41% of its staff as it presses toward profitability. (WSJ)

Monthly unemployment and hours worked are particularly troubling in California and Nevada. (WSJ)

Greece asks for an extension of its bailout terms. (WSJ)

The output of oil from Saudi Arabia likely will reach record levels in July. (WSJ)

Mark Loughridge of International Business Machines Corp. (NYSE: IBM) tops a Wall Street Journal poll on chief financial officers. (WSJ)

Google Inc. (NASDAQ: GOOG) will put another $200 million into YouTube’s effort to build premium and high-quality channels. (WSJ)

Supervalu Inc. (NYSE: SVU) appoints a new CEO. (WSJ)

Low-cost ETF fees set by firms like Vanguard could bring down fees across the industry. (WSJ)

Some companies turn to social media to decide which products to launch. (NYT)

Muni bond rate levels come under scrutiny after the Libor scandal. (NYT)

Chinese e-commerce firm Alibaba, partly owned by Yahoo!, may raise $8 billion. (NYT)

Assets under management by private equity firms reach $3 trillion. (FT)

A weak job market and high student debt threaten the financial futures of a generation of Americans. (FT)

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.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618