Media Digest 3/2/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: GM will recall 1.3 million cars for steering problems. Reuters: China would like one price for iron ore to cut commodity speculation. Reuters: Two software services will help telcos as they offer alternatives to Google’s (GOOG) Android and Apple’s…
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Reuters: China would like one price for iron ore to cut commodity speculation.
Reuters: Two software services will help telcos as they offer alternatives to Google’s (GOOG) Android and Apple’s (AAPL) operating system.
Reuters: Toyota (TM) will announce March sales incentives.
WSJ: Staffing problems at federal agencies are holding back jobs programs.
WSJ: The Senate is close to a deal for banking reform.
WSJ: AIG (AIG) got about double what it might have for its Asia unit by not selling it a year ago.
WSJ: GM will announce a shake-up in its sales operations.
WSJ: Rio Tinto (RTP) uses robots to mine some iron ore.
WSJ: Japan’s jobless rate improved.
WSJ: Goldman Sachs (GS) added “bad press” to its list of risk factors in SEC filings.
WSJ: Deflation is a threat to the eurozone.
WSJ: The NYSE is in a fight with the IRS over payments for former CEO Dick Grasso.
WSJ: Debt from sovereign nations may be no more attractive than some corporate debt in the future.
NYT: Data shows that Toyota (TM) did not recall some Camry models that had problems.
NYT: Digital billboards may hurt highway safety.
NYT: An error blocked Sony (SNE) PS3 players from access to the games network.
NYT: Dodd wants to give the Fed the role of consumer protection agency.
NYT: The Greek government said more cuts in its budget needed to be made.
NYT: GM tripled it investment in Opel.
FT: Asia funds, some of them sovereign, will back Prudential’s deal to buy AIG’s Asia insurance unit.
FT: Goldman Sachs (GS) had a record number of $100 million profitable trading days last year.
FT: The volume of global goods traded rose 4.8% in December.
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.