Media

Media Digest (10/8/20110) AT&T Sells 200,000 iPhones In Twelve Hours

AT&T (NYSE: T) sold 200,000 Apple (NASDAQ: AAPL) iPhone 4S smartphones in the first 12 hours it was available (Reuters)

Fitch cut its ratings of Spain and Italy (Reuters)

Sprint-Nextel (NYSE: S) share fell 20% as the company said it would need to raise money (Reuters)

Samsung and Google (NASDAQ: GOOG) delayed the launch of a new phone because of the death of Steve Jobs (WSJ)

Robert Iger will step down as the CEO of Walt Disney (NYSE: DIS) in 2015 (WSJ)

Bank of America (NYSE: BAC) executive Sallie Krawcheck will get $6 million in severance. (WSJ)

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.

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