Media Digest (2/25/2013) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: February 25, 2013 6:15 am

Apple Inc. (NASDAQ: AAPL) aggressively moves into India, with discounts on the iPhone, to get a part of the huge market. (Reuters)

Japan will spend $100 billion on infrastructure to boost its economy. (Reuters)

General Motors Co. (NYSE: GM) will use AT&T Inc. (NYSE: T) instead of Verizon Communications Inc. (NYSE: VZ) for its OnStar product. (Reuters)

Nokia Corp. (NYSE: NOK) launches inexpensive smartphones to increase its presence outside developed nations. (WSJ)

Auto demand, hurt by housing and unemployment, begins to rise more sharply. (WSJ)

The long-time chief of Barnes & Noble Inc. (NYSE: BKS) may take the store division of the chain private. (WSJ)

The chairman and several directors of Hewlett-Packard Co. (NYSE: HPQ) will meet with large investors who would like to oust them. (WSJ)

Outside investors begin to put money into Greece as it becomes more likely to stay in the European Union. (WSJ)

The Nook Media operations of Barnes & Noble continue to lose ground against the Amazon.com Inc. (NASDAQ: AMZN) Kindle. (WSJ)

The attacks of major marketers who advertise on Twitter would cause a backlash. (NYT)

BP PLC (NYSE: BP) may settle claims against it brought because of the Gulf oil spill. (NYT)

Intel Corp. (NASDAQ: INTC) will release new chips to focus on tablet devices. (FT)

HSBC Holdings PLC (NYSE: HBC) and Markit Economic say PMI in China dropped to 50.4 in February — a poor showing. (Bloomberg)

The Average American Is Losing 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, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.