According to Reuters, a groups lead by an internet entrepreneur is still pressing it case to buy Dow Jones (DJ).
Reuters writes that Alcatel-Lucent”s (ALU) loss for Q2 was greater than expected.
Reuters reports that GSK’s (GSK) diabetes drug Avandia should stay on the market according to the FDA but containers should carry a warner about heart risks.
The Wall Street Journal writes that News Corp (NWS) and Dow Jones (DJ) seem to be getting closer to a deal to sell the publisher of the WSJ.
The WSJ reports that raider Nelson Pettz is willing to pay $37 to $41 for Wendy’s (WEN).
The WSJ writes that GM (GM) is offering 9% financing on pick-up trucks.
The Wall Street Journal writes that Sun (SUNW) posted a profit for the last quarter.
The New York Times writes that Liz Claiborne (LIZ) is working on a plan to make it less dependent on department store sales.
The New York Times writes that four independent record labels will sell music direct over the internet to AT&T (T) wireless phones.
The FT writes that Verizon (VZ) has bought Rural Cellular for $2.67 billion.
Barron’s writes that Dell (DELL) and Sun (SUNW) could suffer as virtualiztion cuts server sales.
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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