Media Digest 7/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: July 17, 2009 2:52 am

Last Updated: April 28, 2020 1:25 am

newspaper Reuters: CIT (CIT) is rushing to get financing before its goes bankrupt.

Reuters: Bank earnings are boosting recovery hopes.

Reuters: IBM (IBM) hiked its full-year outlook.

Reuters: Google’s (GOOG) quarterly results were mediocre.

Reuters: Roubini says worst is behind the economy.

Reuters: Delphi lenders are in talks that could lead to auctions of parts of the company.

Reuters: Exchange chiefs want the SEC and CFTC to merge.

Reuters: Congress is getting a pay bill as bonuses on Wall St pick up.

WSJ: CIT clients are scrambling to get new financial lifelines.

WSJ: Rio Tinto (RTP) and other miners are cutting their global ambitions.

WSJ: The CBO said the new healthcare plan would not effectively contain costs.

WSJ: Harley (HOG) is weighing options for its financial arm.

WSJ: Microsoft’s (MSFT) new ads are troubling Apple (AAPL).

WSJ: Cisco (CSCO) began layoffs.

WSJ: The pharma industry is getting most of what it wants from the new healthcare package.

WSJ: Investors are taking at close look at GE’s (GE) real estate assets.

WSJ: The IMF say UK banks may need more funds.

WSJ: The creditworthiness of the overall bond market is dropping even as demand rises.

WSJ: Hotel companies are still facing bleak outlooks.

WSJ: Cellphone makers are still being hurt by the economy.

NYT: Geithner sees evidence of a financial recovery.

FT: Nokia (NOK) shares fell on poor results.

FT: China is on track to make its GDP goals.

Bloomberg:: British Air will raise $980 million.

Bloomberg: California’s debt is close to being downgraded to junk.

Douglas A. McIntyre

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.