Media Digest 1/27/2010
Reuters: Obama will focus on jobs and the deficit. Reuters: Toyota (NYSE:TM) will suspend manufacturing of eight models. Reuters: Geithner and the NY Fed defended their actions in AIG (AIG) bailout. Reuters: China will put no curbs on Google’s (GOOG) mobile technology.…
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Reuters: Toyota (NYSE:TM) will suspend manufacturing of eight models.
Reuters: Geithner and the NY Fed defended their actions in AIG (AIG) bailout.
Reuters: China will put no curbs on Google’s (GOOG) mobile technology.
Reuters: Oracle (ORCL) plans to hire 2,000 workers after the finish of its Sun buyout.
Reuters: The NY Fed supported AIG secrecy to preserve the value of its assets.
WSJ: Book publishers are negotiating with Apple (AAPL) to be part of the content for its new tablet computer.
WSJ: Banks are setting up stronger rules to get back pay from executives whose bets blow up later.
WSJ: GM closed a deal to sell Saab.
WSJ: Yahoo! (YHOO) showed a profit.
WSJ: Over half the Senate backs Bernanke.
WSJ: Verizon (NYSE:VZ) will fire 13,000 people.
WSJ: The US deficit will reach $1.35 trillion this year.
WSJ: Valero (VAL) profits dropped as refinery margins fell.
WSJ: Ellison, the head of Oracle, will set new plans to develop high-end computer systems.
WSJ: Ebay (EBAY) is setting new fees to bring in additional sellers.
WSJ: The head of Borders Group (BGP) left to join A&P.
WSJ: Berkshire Hathaway (NYSE:BRK) joined the S&P 500.
WSJ: The iPhone has become core to Apple’s (AAPL) revenue.
NYT: Some struggling banks have the industry’s most favorable compensation.
NYT: The British central bank favors splitting big banks
NYT: Obama plans his own commission on national debt.
NYT: Japan exports rose for the first time since the recession began.
NYT: The IRS is moving against some tax shelters.
FT: Greece is inviting China to buy its bonds.
FT: US government agencies called for more shared efforts against cyberattacks.
Bloomberg: The Fed may gamble that ceasing its buying of mortgage debt may not hurt housing.
Bloomberg: CDs for sovereign debt are more actively traded.
Douglas A. McIntyre
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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.