Media Digest (1/17/2012) Reuters, WSJ, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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The head of Rio Tinto PLC (NYSE: RIO) will leave after the company took a $14 billion write-down. (Reuters)

The FAA grounds the Boeing Co. (NYSE: BA) Dreamliner after it has more mechanical problems. (Reuters)

Traditional PC companies build thin laptops to compete with the wave of successful tablets. (Reuters)

Nokia Corp. (NYSE: NOK) will fire 1,000 IT employees. (Reuters)

EBay Inc. (NASDAQ: EBAY) earnings rise above estimates as its mobile business does well. (Reuters)

Private equity firm Silver Lake raises $15 billion for a Dell Inc. (NASDAQ: DELL) takeover. (Reuters)

New rules will force banks to do more to help people with homes likely to go into foreclosure. (WSJ)

China no longer has the cheapest factory labor in Southeast Asia, which could hurt its exports. (WSJ)

Carl Icahn buys shares in HerbaLife Ltd. (NYSE: HLF). (WSJ)

Car companies do more to target the post-baby boomer generations. (WSJ)

The CEO of AMR says American Airlines is on a good path to emerge from Chapter 11. (WSJ)

AT&T Inc. (NYSE: T) may buy a wireless company in Europe to diversify its interests. (WSJ)

The Fed Beige Book shows economic improvement in all sectors of the economy. (WSJ)

Potential buyers may have approached Hewlett-Packard Co. (NYSE: HPQ) about buyouts of Autonomy and EDS. (WSJ)

Chipotle Mexican Grill Inc. (NYSE: CMG) says rising food prices will hurt margins. (WSJ)

Japan, India and Europe join the United States in stopping flights of the Boeing 787 so that it can be inspected for mechanical problems. (FT)

China’s investment in infrastructure helps businesses emerge from a slow period. (Bloomberg)

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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