Investing

Media Digest (1/31/2013) Reuters, WSJ, NY Times

Iran’s oil exports rise sharply in December, despite sanctions. (Reuters)

Deutsche Bank A.G. (NYSE: DB) has a large fourth-quarter loss as it rids its balance sheet of bad assets. (Reuters)

Citigroup Inc. (NYSE: C) may cease consumer banking in several nations. (Reuters)

Facebook Inc.’s (NASDAQ: FB) mobile ad revenue doubles. (Reuters)

All Nippon Airways has not asked Boeing Co. (NYSE: BA) for compensation for grounded 787s but has kept a record of costs. (Reuters)

Research In Motion Ltd. (NASDAQ: RIMM) renames itself BlackBerry and launches its “10” devices. (Reuters)

Qualcomm Inc. (NASDAQ: QCOM) raises its guidance. (Reuters)

Royal Dutch Shell PLC (NYSE: RDS-A) earnings rise. (WSJ)

Student debt default begins to rise. (WSJ)

Apollo Global Management LLC (NYSE: APO) and Metropoulos pay $410 million for Hostess assets. (WSJ)

Chrysler says an effort to produce new models will reduce future profits. (WSJ)

Time Warner Inc. (NYSE: TWX) unit TIME Inc. will cut hundreds of jobs. (NYT)

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.

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