Investing

Media Digest (12/26/2012) Reuters, WSJ, NYT, FT, Bloomberg

Technology - Media Center - Theater - Whistler - W021987 - CopyJaguar Land Rover will recall some cars in China over safety concerns. (Reuters)

Netflix Inc. (NASDAQ: NFLX) blames Amazon.com Inc.’s (NASDAQ: AMZN) e-commerce outsource operation for a Christmas Eve disruption of the service. (Reuters)

The Obama Administration may extent its home mortgage refinance program to more people with underwater mortgages. (WSJ)

Information from MasterCard Inc.’s (NYSE: MA) SpendingPlus shows holiday sales slowed. (WSJ)

Venture capitalists cut exposure to risk because of failed IPOs, which include Facebook Inc. (NASDAQ: FB), Groupon Inc. (NASDAQ: GRPN) and Zynga Inc. (NASDAQ: ZNGA). (WSJ)

Hardware and search likely will define competition among Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Amazon.com and Facebook. (WSJ)

Chevron Corp. (NYSE: CVX) will invest in shale fields in Canada so it can ship more natural gas to Asia. (WSJ)

More foreign car companies, including Ford Motor Co. (NYSE: F) and General Motors Co. (NYSE: GM), have expanded into Russia. (NYT)

Google Apps products begins to take more business from Microsoft Corp. (NASDAQ: MSFT). (NYT)

Activist funds that press for changes at companies in which they invest outperformed the market. (FT)

E-reader sales are expected to fall this year. (FT)

Volkswagen may become the number one car company in China after a year-long competition with GM. (Bloomberg)

Douglas A. McIntyre

The Average American Is Losing Momentum on Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%* today. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying nearly 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

* https://www.fdic.gov/national-rates-and-rate-caps

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

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.