According to Reuters, the group lead by RBS has raised its bid for ABN Amro (ABN) by increasing the cash component of the offer.
Reuters writes that Ford (F) is now cosidering selling its Volvo unit.
Reuters reports that the Dubai stock market is making a bid for OMX that will compete with Nasday (NDAQ).
Philips Electronics (PHG) increased earnings by 22% according to Reuters.
The Wall Street Journal reports that one of the members of the founding family that controls Dow Jone (DJ) is trying to block its sale to Rupert Murdoch.
The Wall Street Journal writes that China is about to pass Germany as the world’s third largest economy.
The New York Times writes that Sony (SNE) will launch a new website for aspiring film markets.
The FT says that the head of Cisco (CSCO) believes that Web 2.0 will lead to a period of productivity that has not been seen since the internet boom.
Douglas A. McIntyre
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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