Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters)
The New York Times Company (NYSE: NYT) names BBC General Director Mark Thompson as CEO. (Reuters)
Peugeot is in a battle over closing a plant in Europe. (Reuters)
Fannie Mae and Freddie Mac increase efforts to get banks to buy back bad mortgages. (Reuters)
At a patent trial, Samsung will claim Apple Inc. (NASDAQ: AAPL) copied some of its technology. (Reuters)
Several large retailers, including Target Corp. (NYSE: TGT) and Wal-Mart Stores Inc. (NYSE: WMT), will set up a “Merchant Customers Exchange” to take on Google Inc.’s (NASDAQ: GOOG) mobile payments system. (WSJ)
Facebook Inc. (NASDAQ: FB) management sets plans to sell huge advertisers on its effectiveness as a marketing tool. (WSJ)
Greece sells $5 billion in 13-week notes to save it from default. (WSJ)
Liberty Media Corp. (NASDAQ: LMCA) increases its ownership of Sirius XM Radio Inc. (NASDAQ: SIRI) (WSJ)
Investors move money out of China and its currency due to worries about the nation’s growth. (WSJ)
Spanish banks borrow huge sums from the European Central Bank. (WSJ)
Consumer price indexes may be hurt by rising costs of homes and rental properties. (WSJ)
Walmart receives Chinese government approval to become the controlling shareholder of Chinese e-commerce company Yihaodian. (NYT)
Greece requests a two-year extension to set austerity measures. (FT)
Research In Motion Ltd. (NASDAQ: RIMM) to release its BlackBerry 10 OS in the next week. (FT)
Standard Chartered must still face an investigation from federal officials now that it has settled with New York regulators. (Bloomberg)
John Paulson and George Soros increased their gold holdings last quarter. (Bloomberg)
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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.