Media Digest (9/18/2012) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Published

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Chinese companies cut costs for items like safety features to bring down production costs. (Reuters)

Apple Inc. (NASDAQ: AAPL) sets a record with the sale of two million iPhones in 24 hours. (Reuters)

The Volcker rule will hurt a Morgan Stanley (NYSE: MS) infrastructure fund. (Reuters)

LG launches a new phone with voice recognition features for its camera. (Reuters)

Microsoft Corp. (NASDAQ: MSFT) says Internet Explorer has a security flaw. (Reuters)

Time Warner Cable Inc. (NYSE: TWC) will sell its piece of Clearwire Corp. (NASDAQ: CLWR). (Reuters)

Resistance from several nations in the region hurt an EU plan to create a single bank regulator. (WSJ)

Crude oil drops more than $3 in a minute, raising questions about trades. (WSJ)

The EADS and BAE marriage will face many political challenges across a number of nations..(WSJ)

Chinese property prices rise for the third month. (WSJ)

Canadian auto workers set a deal with Ford Motor Co. (NYSE: F). (WSJ)

The Reserve Bank of India does not cut rates as expected. (WSJ)

Two large Chinese pump manufacturers offer products at extremely low prices. (WSJ)

Ford hopes its Fusion sedan will allow it to better compete with Honda Motor Co. (NYSE: HMC), Toyota Motor Corp. (NYSE: TM), General Motors Co. (NYSE: GM) and Nissan in the mid-sized market. (WSJ)

Investors become more interested in stocks that have and are likely to raise dividends. (WSJ)

A problem with tests will delay Royal Dutch Shell’s (NYSE: RDS-A) $4.5 billion Alaska offshore drilling project. (NYT)

Treasuries signal inflation worries about QE3. (FT)

Europe-based banks that said they would cut assets as the sovereign crisis grew have actually added to them. (Bloomberg)

Rising bond yields on its sovereign paper may force Spain to request aid. (Bloomberg)

Apple shares finally top $700. (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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