Media

Media Digest 7/13/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

MarketWatch:   Moody’s downgraded Portugal two notches to A1

Reuters:   BP plc (NYSE: BP) will test a new oil cap in place.

Reuters:   The Wall St. reform bill is nearing a final vote

Reuters:   Most Americans lack faith in Obama.

Reuters:   American International Group’s (NYSE: AIG) board will meet to determine plans for AIA.Reuters:   Microsoft Corporation (NASDAQ: MSFT) said that PC-based tablets will be better than the Apple Inc. (NASDAQ: AAPL) iPad.

Reuters:   Avis-Budget (NYSE: CAR) topped the bid of Hertz (NYSE: HTZ) to buy Dollar-Thrifty.

WSJ:   A new oil drilling ban will hurt the industry.

WSJ:   Consumer Reports put out a bad review of the iPhone 4.

WSJ:   Slow business access to credit hurts the economy.

WSJ:   The US subpoenaed Wall St banks on mortgage securities.

WSJ:   Hewlett-Packard (NYSE: HPQ), Dell Corporation (NYSE: DELL), and Fujitsu LTD will sell Microsoft’s new Azure cloud computing product.

WSJ:   The growth in China’s property market slowed.

WSJ:   GlaxoSmithKline (NYSE: GSK) may have withheld information about its Avandia drug.

WSJ:   Florida banks want a pass on new government balance sheet regulations.

NYT   Debt collection lawsuits are crowding courts.

NYT:   China factories are competing for labor

FT:   The BP plc spill will cost UK and US in tax receipts.

FT:   Alcoa’s (NYSE: AA) earnings were stronger than expected.

FT:   China put 1 billion euros in Spain’s bonds.

Bloomberg:   Some European banks will dodge new capital rules.

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.

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