Media

Media Digest 2/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The EU summit will address the Greek bailout.

Reuters:   Google (NASDAQ:GOOG) will test an ultra-high speed broadband system.

Reuters:   Sweden took that top spot from the US for use of telecom technology.

Reuters:   China’s CPI increase slowed. Loan action remained strong.

Reuters:   Credit Suisse (NYSE:CS) posted a profit.

Reuters:   Rio Tinto (NYSE:RTP) numbers beat estimates.

Reuters:   iSuppli says the Apple (NASDAQ:AAPL) iPad costs  as little as $229 to produce.

Reuters:   AIG (NYSE:AIG) launched a new system for executive pay.

WSJ:   About 3,000 small banks may have to cut loan activity due to increases in commercial real estate losses.

WSJ:   The Fed has begun to work on a program to tighten rates.

WSJ:   Germany and France are at work on a plan to rescue Greece.

WSJ:   Toyota (NYSE:TM) says it has made progress as it repairs recalled cars.

WSJ:   Motorola (NYSE:MOT) will consider a break-up of the company.

WSJ:   The iPad highlights the dispute over Flash that Apple has with Adobe (NASDAQ:ADBE).

WSJ:   Apple is in talks with major networks to cut the costs for customers to download TV programs to the iPad.

WSJ:   The price that Toyota (NYSE:TM) gets for its vehicles may drop sharply.

WSJ:   The rate at which Sprint (NYSE:S) lost customers slowed in the last quarter.

WSJ:   Merck (NYSE:MRK) settled some Vioxx suits.

WSJ:   Boston Scientific (NYSE:BSX) will restructure its units.

WSJ:   Wal-Mart (NYSE:WMT) and P&G (NYSE:PG) will produce “family friendly” TV shows to compete with risqué programs.

WSJ:   CME bought 90% of the Dow Jones index business in a deal that values the enterprise at $675 million.

WSJ:   Goldman Sachs (NYSE:GS) will not trim pay in 2010.

NYT:   Readers are upset about e-book prices which have risen above $9.99.

NYT:   GM and Ford (NYSE:F) dealers have begun to offer lower prices to lure Toyota buyers.

NYT:   Unemployment in Silicon Valley is higher than the national average and the worst since 2005.

NYT:   China producer prices rose rapidly in January.

FT:   Gordon Brown says global bank tax will be set soon.

FT:   Apple will sell US  TV shows for $1.

FT:   The CEO of MySpace has resigned.

Douglas A. McIntyre

The Average American Is Losing 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, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

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