Media Digest 7/28/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: July 28, 2008 2:44 am

Last Updated: April 28, 2020 1:16 am

Newspaper According to Reuters, KKR will go public on the NYSE at a valuation of $15 billion.

Reuters writes that the production problems with the Airbus 380 are not over.

The Wall Street Journal writes that the SEC will try to expand its rules limiting short selling and increase them to more stocks.

The Wall Street Journal reports that the FCC will rule against Comcast (CMCSA) for restricting video file sharing on its network.

The Wall Street Journal reports that Chrysler may face interest rates 2% higher than it is paying now to refinance $30 billion in working capital this week.

The Wall Street Journal reports that Motorola (MOT) is reorganizing one of its business units to make it easier to sell some of the pieces.

The Wall Street Journal reports that a new search engine, Cuil, has been started to compete with Google (GOOG).

The Wall Street Journal says the SEC is looking into four rumors that hit Lehman’s (LEH) stock.

The New York Times writes that a small firm, Verve Wireless, is trying to help the newspaper industry by making papers mobile.

The FT says the ad slowdown is not spreading to most major media.

Bloomberg writes that Lehman (LEH) has been hit hard compared to other Wall St firms by the highest cost of borrowing since 2000.

Douglas A. McIntyre

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.