Media Digest (10/15/2012) Reuters, WSJ, FT, Bloomberg

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By Douglas A. McIntyre Published

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Softbank is near a deal to buy 70% of Sprint Nextel Corp. (NYSE: S) for $20 billion. (Reuters)

Microsoft Corp. (NASDAQ: MSFT) releases an Xbox and Windows-based music service to compete with Apple Inc. (NASDAQ: AAPL) iTunes. (Reuters)

A meeting of the world’s top finance ministers shows that there is little agreement about how to right the global economy. (WSJ)

Oil prices help refiners but not consumers. (WSJ)

China’s inflation falls below 2% in September. (WSJ)

As part of a settlement, Amazon.com Inc. (NASDAQ: AMZN) will offer refunds for some e-books. (WSJ)

Some people who lost homes to foreclosures begin to enter the house buying market. (WSJ)

Federal Reserve Chairman Ben Bernanke says emerging markets should allow their currencies to appreciate. (WSJ)

An ECB member says Spain should seek aid before financial markets force it to do so. (WSJ)

Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) will be hurt as oil drilling activities drop. (WSJ)

iPhone sales may distort September retail sales numbers. (WSJ)

Emerging markets leaders are upset because of the International Monetary Fund’s preoccupation with Europe. (FT)

The global expansion may sputter for the third time in five years. (Bloomberg)

Low wheat harvests may push up bread prices. (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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