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Today's Best Market Rumors (12/8/2011) LivingSocial $400 Million, Alibaba $4 Billion

Updated throughout the day

Japan may spend $13 billion to bail out Tokyo Electric Power (Reuters)

Alibaba has sought $4 billion in financing to buy part of Yahoo! (NASDAQ: YHOO)

European regulators will seek more concessions from the NYSE Euronext (NYSE: NYX) merger with Deutsche Boerse (WSJ)

LivingSocial will try to raise $400 million at a $7 billion valuation (WSJ)

Douglas A. McIntyre

Travel Cards Are Getting Too Good To Ignore

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

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