Media Digest 6/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published
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According to Reuters, InBev made $46.3 billion offer for Anheuser-Busch (BUD).

Reuters reports that AIG (AIG) shareholders are demanding board changes.

Reuters writes that the GM (GM) Europe sales chief sees a sales slump.

Reuters reports that Saudi Arabia is bringing the oil producers and consumers together for a summit on the high price of oil.

Reuters reports that Starbucks (SBUX) will open 150 more stories in Europe.

Reuters writes that Washington Mutual (WM) said it had no regulatory problems as its shares sold off.

Reuters reports that continuing concerns about its balance sheet drove Lehman (LEH) shares down.

The Wall Street Journal writes that Citigroup (C) is closing a fund founded by its CEO.

The Wall Street Journal writes that the CEO of Martha Steward (MSO) resigned.

The Wall Street Journal reports that Palm (PALM) will sell its new smartphone through Verizon Wireless.

The Wall Street Journal writes that Ford (F) is accelerating the pace of cutting down its size.

The Wall Street Journal writes that Senators opposed to the Sirius (SIRI) deal with XM (XMSR) are pressing their case.

The New York Times writes that commodities price increases are showing no let-up.

The New York Times writes that the SEC is proposing tighter rules for credit rating companies.

The FT writes that US companies are being taken to task for racial barriers.

Bloomberg write that corn climbed to a record as floods hurt production in the Midwest

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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