Media

Media Digest (10/12/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters: Asia nations have begun to guard against foreign capital inflow as currency tensions continue.

Reuters:   A halt in foreclosures could hurt investors in related securities.

WSJ:   Wall St. pay will rise 4% this year.

Reuters:   Microsoft’s (NASDAQ: MSFT) new handsets received good reviews.

Reuters:   Oil and gold fell slightly and the Nikkei dropped over 2%.

Reuters:   Hon Hia, which makes parts for the Apple (NASDAQ: AAPL) iPhone, was criticized again for labor practices.

Reuters:   A British medical ethics group said that electronic medical records needed to be more safely protected.

Reuters:   Hewlett-Packard (NYSE: HPQ) defended its new CEO against ethics charges and attacked former CEO Hurd.

Reuters:   Blockbuster has begun the search for a new CEO.

Reuters:   Bain paid $1.8 billion for Gymboree.

WSJ:   Agriculture has rebounded from the recession quickly.

WSJ:   A group of 40 state attorneys general will probe mortgages issues which have caused the suspension of a number of foreclosures.

WSJ:   Car sales in China slowed.

WSJ:   Wal-Mart (NYSE: WMT) will begin to sell the Apple iPad.

WSJ:   Google will support the launch of cheap handsets in India.

WSJ:   Agricultural commodity prices continued to rise.

WSJ:   More Americans have stopped buying prescription drugs as prices rise, according to Wolters Kluwer Pharma Solutions

WSJ:   Ireland may cut pensions to lower its budget expense.

WSJ:   A deal in which China will buy assets of Chesapeake Energy will give it new expertise to unearth fossil fuels.

WSJ:   Union Pacific says it sees an improvement in traffic.

WSJ:   New ETFs for metals may push prices higher.

WSJ:   Shares in IBM (NYSE: IBM) and Apple set record highs.

NYT:   Google and Good Energies will put billions of dollars into a wind farm infrastructure for the East Coast.

NYT:   Fed officials say that there is a bubble risk from low rates, but are unlikely to change them

FT:   Google will map inflation with the use of web data.

FT:   Plans to regulate the bank industry have made little progress.

FT:   Gap (NYSE: GPS) will not change its logo as planned.

Bloomberg:   Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) have found their investments in Africa may be hurt by new policy plans in Uganda and Ghana.

Bloomberg:   German inflation rose in September.

Bloomberg:   The World Economic Forum says the Nordic nations do more than others to help equality of the sexes. The data is part of its Global Gender Gap Index.

Douglas A. McIntyre

The Average American Is Losing Momentum On 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%1 today. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying more than 7x 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 a $200 bonus and up to 7X the national average with qualifying deposits. Terms apply. Member, FDIC.

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.

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.