Media

Media Digest (1/21/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Hedge fund Loch Capital is losing customers because of ties to a witness in the Galleon case.

Reuters:   China GDP grew 10.7% in the fourth quarter.

Reuters:   Obama will target excessive financial risk taking.

Reuters:    AIG (NYSE:AIG) owes retention pay to many workers.

Reuters:   The Pentagon budget will probably kill 7 weapons programs.

Reuters:   Google (NASDAQ:GOOG) is expected to post a solid fourth quarter.

Reuters:   Starbucks US sales began to grow again.

Reuters:   The dispute between China and Google (NASDAQ:GOOG) may hurt the launch of Motorola’s (NYSE:MOT) Android-based phone. Android is the Google mobile OS.

Reuters:   Ebay (NASDAQ:EBAY) beat forecasts on strong growth from PayPal.

WSJ:   Obama plans to put new restrictions on the size and risk-taking of big banks.

WSJ:   Apple (NASDAQ:AAPL) will launch a tablet with ties to content from TV and print.

WSJ:   Microsoft (NASDAQ:MSFT) is scrambling to fix security holes in IE.

WSJ:   Amazon (NASDAQ:AMZN) plans to target Apple with new apps for the Kindle.

WSJ:   Buffett attacked the Kraft (NYSE:KFT) deal to buy Cadbury (NYSE:CBY).

WSJ:   Greek bonds are trading lower.

WSJ:   The World Bank issues a mixed forecast which points to a rise in GDP next year but warns about credit markets.

WSJ:   Amazon launched a new royalty plan for authors and publishers.

WSJ:   The New York Times will begin to charge for web content.

WSJ:   Sony (NYSE:SNE) delayed the launch of its active motion controller.

WSJ:   Difficulties with some drilling techniques for natural gas may injure the industry’s growth.

WSJ:   Sprint (NYSE:S) is being squeezed by price cuts at its rivals AT&T (NYSE:T) and Verizon (NYSE: VZ).

WSJ:   Microsoft sued Tivo (NASDAQ:TIVO) over patent misuse.

WSJ:   Stock buybacks are a way to help investors in companies faced with modest growth.

NYT:   Banks are seeing a decline in bad loans.

NYT:   Morgan Stanley had a weak quarter and strong bonuses.

NYT:   China is on a path to becoming the world’s second largest economy.

NYT:   Republicans are objecting to a panel on the deficit.

NYT:   The expanded growth of wind power may be realistic but expensive.

Bloomberg:   GE’s (NYSE:GE) shares may be hurt until financial reforms are finalized.

Bloomberg:   AMR (NYSE:AMR) will fight a Delta (NYSE:DAL) tie-up with JAL

Douglas A. McIntyre

The Average American Is Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today. Checking accounts are even worse.

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.

1 https://www.fdic.gov/national-rates-and-rate-caps

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

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.