News Digest 4/23/2008 Reuters, WSJ, NYTimes, FT, Reuters

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, Yahoo! (YHOO) earnings met expectations. Microsoft (MSFT) indicated it would not raise its bid.

Reuters writes that the price of corn and rice moved up sharply.

Reuters reports that Tribune is closer to selling Newsday to News Corp (NWS).

Reuters writes that Ebay (EBAY) sued classified site Craigslist over dilution of the auction company’s interest.

Reters reports that the FCC once again attacked Comcast’s (CMCSA) web practices.

THe Wall Street Journal reports that the turnaround at Ford (F) is starting to take hold.

The Wall Street Journal writes that IBM (IBM) will offer multi-server computers.

The Wall Street Journal reports that the FDA is short of funds to support inspections.

The Wall Street Journal writes that Nintendo is counting on big sales from its new "Wii Fit".

The Wall Street Journal will examine whether Amazon’s (AMZN) earnings show that its fight against Apple (AAPL) iTunes is making any progress.

The Wall Street Journal writes that Sony (SNE) delayed it PS3 virtual community.

The New York Times reports that UnitedHealth cut forecasts saying few businesses and people were signing up for insurance.

The New York Times reports that rising energy costs are cutting deeply into airline earnings.

The FT writes that US regulators fear a surge of bank failures.

The FT reports that oil again moved toward $120

Bloomberg writes that Toyota’s (TM) first quarter unit sales moved up 2.7% on strong sales in China.’

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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