Media Digest 8/6/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Published: August 6, 2008 2:42 am

Last Updated: April 28, 2020 1:28 am

Newspaper According to Reuters, a new tally of votes for the Yahoo! (YHOO) board election shows a high percentage of protest votes.

Reuters reports that the Fed held rates steady and indicated it would not raise rates soon.

Bloomberg writes that Morgan Stanley (MS) has frozen some of its customers’ home equity loans.

Reuters reports that high commodities prices are pressuring margains at restaraunts.

Reuters writes that Fannie Mae (FNM) is raising its fees against ot help offset losses.

Reuters reports that Starbuckss (SBUX) has begun to offer an afternoon beverage discount.

The Wall Street Journal reports that Citigroup (C) is in talks to settle auction-rate securities charges.

The Wall Street Journal reports that Sony (SNE) bought out all of its music partnership with Bertelsmann.

The Wall Street Journal reports that Whole Foods (WFMI) missed earnings estimates.

The Wall Street Journal reports that Cablevision (CVC) may spin off some of its businesses.

The Wall Street Journal reports that Barclays (BCS) will update investors on its write-offs.

The Wall Street Journal reports that Toyota (TM) will take a write-down for US car leases.

The New York Times reports that home energy prices are expected to jomp sharply.

The New York Times reports that Google (GOOG) will release a new set of tools to track the popularity of certain search terms

The New York Times reports that Morgan Stanley (MS) will advise the US on the asset values of Freddie Mac (FRE) and Fannie Mae (FNM).

The FT reports that ADM (ADM) is in talks to tap ethanol reserves in Brazil.

Bloomberg reports that BNP Paribas earnings fell on increasd bad debt provisions

Douglas A. McInryre

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