Investing

Media Digest (8/29/2012) Reuters, WSJ, NYT, FT, Bloomberg

China’s official PMI hits a nine-month low in August. (Reuters)

WellPoint Inc. (NYSE: WLP) CEO Braly steps down. (Reuters)

General Motors Co. (NYSE: GM) to invest $1 billion in Russia within five years. (Reuters)

Samsung vows to fight ban on sales of smartphones in the United States. (WSJ)

Zynga Inc.’s (NASDAQ: ZNGA) chief creative officer to resign. (WSJ)

Liberty Media Corp. (NASDAQ: LMCA) raises its stake in Sirius XM Radio Inc. (NASDAQ: SIRI). (WSJ)

The Obama administration releases final fuel-efficiency standards for cars and trucks. (WSJ)

Widespread computer-network problems at United Continental Holdings Inc. (NYSE: UAL) cause flight delays around the world. (WSJ)

GM’s Cadillac division intends to double its U.S. sales over the next two years. (WSJ)

ECB President Mario Draghi is under pressure to provide details of his bond-buying plan to save the eurozone. (NYT)

New York investigates whether energy drink makers are misleading consumers. (NYT)

Best Buy Co. Inc.’s (NYSE: BBY) decision to grant Richard Schulze access to its books puts pressure on him to make a takeover bid. (FT)

Bond yields fall ahead of Italian Prime Minister Mario Monti’s meeting with German Chancellor Angela Merkel. (Bloomberg)

Britain considers new rules to make the London Stock Exchange more attractive to start-ups. (Bloomberg)

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.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.