Media Digest (4/19/2013) Reuters, WSJ, NYT, FT, Bloomberg

Investing

Published: April 19, 2013 6:39 am

Blackstone Group L.P. (NYSE: BX) will halt its bid for Dell Inc. (NASDAQ: DELL). (Reuters)

Microsoft Corp. (NASDAQ: MSFT) announces CFO departure as it posts strong earnings. (Reuters)

Google Inc. (NASDAQ: GOOG) has better-than-expected earnings, but results from its Motorola division are poor. (Reuters)

Lenovo may buy International Business Machine Corp.’s (NYSE: IBM) server business. (Reuters)

The FAA likely will clear the Boeing Co. (NYSE: BA) 787 Dreamliner to resume commercial flights. (WSJ)

The use of natural gas to create electricity reduces the output of carbon dioxide emissions. (WSJ)

Nokia Corp.’s (NYSE: NOK) earnings show that its turnaround has faltered. (WSJ)

Average home prices continue to rise in China, and concern increases about the market overheating. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) may work with Wells Fargo & Co. (NYSE: WFC) to increase the retailer’s access to cash. (WSJ)

Sprint Nextel Corp. (NYSE: S) sets a special committee of its board to evaluate a buyout offer by Dish Network Corp. (NASDAQ: DISH). (WSJ)

Toyota Motor Corp. (NYSE: TM) will build a Lexus plant in Kentucky. (NYT)

IBM’s CEO says the company is at work to renew growth. (FT)

A new Twitter app allows users to track music. (FT)

Volkswagen’s big recall in China is a warning to car companies that have tried to grow very rapidly there. (Bloomberg)

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.