Media Digest (3/27/2013) Reuters, WSJ, NY Times, FT

Investing

Published: March 27, 2013 6:14 am

A Fed study says China growth will slow in 2030. (Reuters)

Citigroup Inc. (NYSE: C) may cuts its cash position to $35 billion to redeem expensive debt. (Reuters)

Battery problems with the Boeing Co. (NYSE: BA) 787 could prompt regulators to cut the distance that the plane is allowed to fly. (Reuters)

Wal-Mart Stores Inc. (NYSE: WMT) will fill more of its Internet orders in stores to speed products to customers. (Reuters)

Railroads investing in their infrastructure make the mode of transportation more important to the U.S. economy. (WSJ)

Berkshire Hathaway Inc. (NYSE: BRK-B) converts a bond stake into a large equity holding in Goldman Sachs Group Inc. (NYSE: GS). (WSJ)

Oracle Corp. (NASDAQ: ORCL) will launch a new line of servers. (WSJ)

T-Mobile to begin to sell the Apple Inc. (NASDAQ: AAPL) iPhone 5 next month. (WSJ)

China will allow fuel prices to rise, which could hurt consumer and business spending. (WSJ)

CBS Corp. (NYSE: CBS) buys half of the TV Guide Network. (WSJ)

Royal Dutch Shell PLC (NYSE: RDS-A) will begin a shale gas joint venture in China. (WSJ)

Mall owners are worried that J.C. Penney Co. Inc. (NYSE: JCP) will close a number of its stores. (WSJ)

J.P. Morgan Chase & Co. (NYSE: JPM) faces investigations from a number of regulators. (NYT)

The number of nations with AAA status drops 60% since the start of the financial crisis. (FT)

Facebook Inc. (NASDAQ: FB) to sell ads linked to user behavior at other websites. (FT)

Regulators take action against Citigroup over money laundering charges. (FT)

The Average American Has No Idea How Much Money You Can Make Today (Sponsor)

The last few years made people forget how much banks and CD’s can pay. Meanwhile, interest rates have spiked and many can afford to pay you much more, but most are keeping yields low and hoping you won’t notice.

But there is good news. To win qualified customers, some accounts are paying almost 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.

Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 4.00% with a Checking & Savings Account from Sofi. Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

¹https://www.fdic.gov/national-rates-and-rate-caps