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Media Digest: Reuters, WSJ, NY Times, FT

courtesy of AOL, IncYahoo! Inc.’s (NASDAQ: YHOO) profits in Asia will help balance the risk of its Tumblr buyout. (Reuters) A successful vote to split the chairman and CEO jobs at J.P. Morgan Chase…

Douglas A. McIntyre · 13 years ago

Steven Cohen to Testify Before Grand Jury over Insider Trading

ThinkstockAs federal officials investigate insider trading at Steven Cohen’s SAC Capital Advisors, the noose has begun to tighten around his neck. There has long been a suspicion that he was aware of the illegal…

Douglas A. McIntyre · 13 years ago

Yahoo! Brilliant Mergers and Acquisition Deal to Buy Tumblr

via Wikimedia CommonsYahoo! Inc.’s (NASDAQ: YHOO) $1.1 billion cash buyout of Tumblr already has been criticized because of the large sum involved compared to Tumblr’s extremely modest revenue, estimated at $13 million last year.…

Douglas A. McIntyre · 13 years ago

Poverty Rates: The Suburban Life Loses Its Luster

ThinkstockThe original concept behind the creation of the suburbs was that they were an oasis for the middle class, fairly far from the bustle of cities and away from the poor who were housed…

Douglas A. McIntyre · 13 years ago

Media Digest (5/20/2013) Reuters, WSJ, NY Times, Bloomberg

courtesy of Facebook Inc.The drop in the budget deficit puts less pressure on a compromise by the White House and Congress over the federal deficit. (Reuters) Yahoo! Inc.’s (NASDAQ: YHOO) board approves a $1.1…

Douglas A. McIntyre · 13 years ago