Media Digest (4/5/2011) Reuters, WSJ, NYT, FT, Bloomberg

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By Douglas A. McIntyre Updated Published

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Republicans plan to cut $6 trillion from the budget over the next decade (Reuters)

Google (NASDAQ: GOOG) may be investigated by the FTC (Bloomberg)

The FAA will begin inspection of most older Boeing (NYSE: BA) 737s. (Reuters)

Treasury Secretary Tim Geithner said the US would hit its debt ceiling before mid-May (Reuters)

Silver hit a 21 year high as Brent crude rose above $121 (Reuters)

The promotion of Google’s (NASDAQ: GOOG) Larry Page to CEO concerns some employees and investors (Reuters)

Symantec (NASDAQ: SYMC) said targeted cyber-attacks would rise (Reuters)

Living Social, which competes with Groupon, will raise $400 million (WSJ)

Texas Instruments (NYSE: TXN) will buy National Semiconductor (NYSE: N) for $6.5 billion, a 78% premium (Reuters)

A re-balancing of the Nasdaq 100 will hurt Apple’s (NASDAQ: AAPL) share price (WSJ)

Executive confidence in the economy has caused a new round of M&A (WSJ)

The problem with a Southwest (NYSE: LUV) 737 shows that older planes can be dangerous (WSJ)

Moody’s downgraded Portugal (WSJ)

Federal officials have begun a probe into whether smartphone apps are used to collect privacy data (WSJ)

Ben Bernanke shrugged off the effects of inflation (WSJ)

Pfizer (NYSE: PFE) sold its Capsugel unit for to KKR for $2.4 billion (WSJ)

Hulu’s pay service will reach 1 million subscribers (WSJ)

Wind power has lost popularity in many global markets (WSJ)

Honda Motor (NYSE: HMC) has raised its target for US sales (WSJ)

Huawei of China is a finalist for building a US 4G network (WSJ)

Google made a bid to buy a number of Nortel patents (WSJ)

Money market funds face a shortage of Treasuries (WSJ)

Corn reached a new high (WSJ)

The Federal Reserve helped 100 banks which eventually failed (NYT)

Expedia (NASDAQ: EXPE) and American Air (NYSE: AMR) settled on an agreement for e-commerce sales (NYT)

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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