According to Reuters, Lehman (LEH) raised $4 billion.
Reuters writes that US factory orders probably fell in February.
Reuters reports that the Fed approved the JPMorgan (JPM) purchase of Bear Stearns (BSC)
Reuters writes that CBS (CBS) news will cut staff.
Reuters reports that Huawei is not interested in buying Motorola’s (MOT) handset division.
The Wall Street Journal writes that the $29 billion loan to Bear Streans is made up primarily of mortgage-back securities.
The Wall Street Journal writes that major auto companies including Ford (F) and GM (GM) had a huge sales slump in March.
The Wall Street Journal writes that Intel (INTC) is making progress providing chips for mobile devices.
The Wall Street Journal reports that an airline association downgraded it forecasts for industry profitability in 2008.
The New York Times writes that a bi-partisan bid to help mortgage holder is gaining momentum.
The New York Times writes that the Shanghai market has dropped 45% since October.
The FT writes that the market rally could be partially due to short-sellers retreating from the market.
Money raised by Lehman and UBS (UBS) may signal an end to the rout in the equities market
Douglas A. McIntyre
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.
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.