Updated throughout the day.
Toyota (TM) may miss North American output goals (Nikkei news service)
GM is going back to early bidders for Hummer now that its deal with Chinese firm Sichuan Tengzhong Heavy Industrial Machinery has fallen apart. (NYTimes)
Large hedge funds are making huge bets against the euro (WSJ)
Blackstone’s (BX) will have China’s national pension fund as an investor in its new fund based in the world’s most populus country.
China Ministry of Commerce is “stress testing” a rise in the yuan (21st Century Business Herald)
Douglas A. McIntyre
In 20 Years, I Haven’t Seen A Cash Back Card This Good
After two decades of reviewing financial products I haven’t seen anything like this. Credit card companies are at war, handing out free rewards and benefits to win the best customers.
A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges.
Our top pick today pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
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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