Reuters: GM’s new board endorsed the company’s new plans.
Reuters: The Senate will probably approve “cash for clunkers” aid.
Reuters: Sony (SNE) will enter the market with an e-reader to compete with Amazon (AMZN).
Reuters: Disarray in the Administration is hurting plans for changes in financial regulation.
Reuters: The service sector probably contracted at a slower pace in July.
Reuters: PepsiCo’s (PEP) deal to buy two bottlers was a windfall for their investors.
Reuters: Yahoo! (YHOO) will get slightly more revenue in the last five years of its search deal with Microsoft (MSFT).
Reuters: Some investors are concerned by the huge corporate bond rally.
WSJ: Economists upgraded their second half forecasts.
WSJ: Small inventories at car dealers could slow the progress of the “cash for clunkers” program.
WSJ: Health lobbyists are pressing Congress on health care reform issues.
WSJ: The SEC will consider restrictions on flash trading.
WSJ: The home loan modification program is off to a slow start.
WSJ: The chairman of GM says the car company must be No.1 in the US market.
WSJ: Electronic Arts (ERTS) had drops in sales and profits.
WSJ: Land prices are rising quickly in China.
WSJ: Construction spending on private projects is still low while spending on public projects is rising.
WSJ: Whole Foods plans to educate its shoppers about healthy eating.
WSJ: GE (GE) settled civil fraud charges by the SEC.
WSJ: Microsoft (MSFT) will hire 400 Yahoo! (YHOO ) employees.
WSJ: Sony (SNE) will produce two e-readers.
NYT: India has been caught short on its supply of sugar.
NYT: US mortgage efforts are only helping 9% of eligible owners.
NYT: Europe leads the US in broadband use.
FT: Online retailers will launch stores on Facebook.
FT: Analysis has found discrepancies in China’s growth figures.
FT: Prime borrowers are falling behind on mortgages.
Bloomberg: The Bank of England will end bond purchases.
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.
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