Investing
Financial News Digest: Reuters, WSJ, NYT, FT, Bloomberg
Published:
Last Updated:
The HSBC/Markit Purchasing Managers’ Index for China comes in at 52.1 last month, another sign of economic trouble. (Reuters)
Toyota Motor Corp. (NYSE: TM) recalls 242,000 hybrids because of brake problems. (Reuters)
Samsung Electronics wins a key patent ruling against Apple Inc. (NASDAQ: AAPL) in an ITC case. (Reuters)
Amazon.com Inc. (NASDAQ: AMZN) will offer groceries online. (Reuters)
The Fed’s Richard Fisher says the agency might reevaluate its bond-buying program. (Reuters)
HTC makes management changes as the cellphone firm flounders. (Reuters)
The European Central Bank may not employ policy to add stimulus to the recession-plagued region. (WSJ)
Chrysler rejects a federal recall of 2.7 million Jeeps. (WSJ)
Verizon Wireless will pay $1 billion to give its wireless subscribers more access to NFL games. (WSJ)
German car sales drop 10% last month. (WSJ)
FHA’s projected losses could reach $115 billion over 30 years, if some stress test data is accurate. (WSJ)
Zynga Inc. (NASDAQ: ZNGA) will sell virtual goods on Facebook. (WSJ)
Jefferson County will emerge from Chapter 11 due to negotiations of bond payments. (WSJ)
Pilots who work for JAL and ANA are skeptical of new repairs to the Boeing (NYSE: BA) 787 Dreamliner. (NYT)
Amazon.com expects to bring in $800 million in ad revenue as its sets programs to take business from Facebook Inc. (NASDAQ: FB) and Google Inc. (NASDAQ: GOOG). (FT)
HSBC Holdings PLC (NYSE: HBC) may have ignored foreclosure laws. (FT)
Proxy firm Glass Lewis suggests investors reserve judgment about Softbank’s buyout of Sprint Nextel Corp. (NYSE: S). (Bloomberg)
The European Union sets tariffs for China’s solar product dumping. (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.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
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.