Investing

Media Digest (12/28/2012) Reuters, WSJ, NYT, FT, Bloomberg

The yen reaches a two-year low on worries about the Japanese economy and hopes of a budget resolution by Congress. (Reuters)

Tim Cook, CEO of Apple (NASDAQ: AAPL), takes a large pay cut in 2012 — down to $4.17 million. (Reuters)

The huge expansion of Chesapeake Energy Corp. (NYSE: CHK) almost certainly is over, because of trouble at the company and with CEO Aubrey McClendon. (Reuters)

High-speed traders lobby to ward off restrictions on their business practices. (WSJ)

Wal-Mart Stores Inc. (NYSE: WMT) will monitor supplier warehouses after complaints about working conditions. (WSJ)

DirecTV (NASDAQ: DTV) to raise rates. (WSJ)

Starbucks Corp. (NASDAQ: SBUX) will restructure its store chain in Europe and close some outlets to improve appeal. (WSJ)

As the federal tax break on wind energy products expires at year’s end, companies rush to finish projects. (NYT)

Concerns about the dominance of Amazon.com Inc. (NASDAQ: AMZN) prompts smaller vendors to offer expensive same-day delivery. (NYT)

Iron ore prices rise 60% in four months. (FT)

Google Inc.’s (NASDAQ: GOOG) Android begins to draw a large number of app developers — a threat to Apple. (FT)

IPO activity for the year was slow, due, in part, to the failure of Facebook (NASDAQ: FB). (Bloomberg)

Hewlett-Packard Co. (NYSE: HPQ) says the Justice Department is examining its troubled Autonomy buyout. (Bloomberg)

Douglas A. McIntyre

Are You Ahead, or Behind on Retirement? (sponsor)

If you’re one of the over 4 Million Americans  set to retire this year, you may want to pay attention.

Finding a financial advisor who puts your interest first can be the difference between a rich retirement and barely getting by, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been carefully vetted, and must act in your best interests. Start your search now.

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.

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.