Media Digest (3/26/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Media

Douglas A. McIntyre

Published: March 26, 2010 2:48 am

Last Updated: March 26, 2010 4:43 am

Reuters: The Nikkei topped 11,000 for the first time since October 2008

Reuters: The White House will announce housing aid for those having difficulty with making their mortgage payments.

Reuters: A Fed agency is looking at certain Calpers transactions.

Reuters: GM is expected to repay $1 billion to the Treasury.

Reuters: UBS (UBS) will cut 200 jobs at its brokerage unit.

Reuters: Deflation in Japan continues which may force the central bank to ease rates.

Reuters: The near-collapse of AIG (AIG) made Wall St. a great deal of money.

WSJ: A sudden drop in demand sent rates for Treasuries higher.

WSJ: Several large companies are already taking charges for new health care costs.

WSJ: Europe has agreed to a bailout of Greece.

WSJ: A large number of attorneys appeared before a judge to settle rules for suing Toyota (TM).

WSJ: Oracle’s (ORCL) earnings recovered quickly from recession levels.

WSJ: The CEO of Credit Suisse (CS) earned almost $18 million last year.

WSJ: Reynolds is offering smokeless tobacco products to boost sales.

WSJ: Consumer sentiment polls show discouragement while their spending is rebounding.

WSJ: The US government may sell its holdings in Citigroup (C) in a series of small transactions.

WSJ: Toyota (TM) appointed a new quality chief.

WSJ: The FDA said it will not quickly review heart devices that Boston Scientific (BSX) had to stop selling.

WSJ: GE (GE) is picking up its investment in offshore wind power.

NYT: Leaders in China disagree about the valuation of the yuan.

NYT: Bernanke said the Fed may start to sell its mortgage-backed securities.

NYT: The SEC may force funds to disclose more about derivatives.

NYT: “Cap and trade” is losing its position in the energy legislation.

NYT: The US and EU will extend an agreement which makes it easier for airlines to operate across the Atlantic.

FT: Dubai World will get $9.5 billion from the emirate.

FT: Polycom drew more private equity interest.

FT: A US-Russia nuclear arms deal could help Obama’s foreign policy clout.

Bloomberg: CEOs are defying Obama with big pay packages.

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.