Media

Media Digest (7/19/2012) Reuters, WSJ, NYT, FT, Bloomberg

A new consumer agency fines Capital One (NYSE: COF) $210 million for aggressive marketing activity.(Reuters)

New IMF policies will examine whether individual national economies might hurt global growth. (Reuters)

IBM (NYSE: IBM) raises its earnings estimates. (Reuters)

AT&T (NYSE: T) to raise the rates it charges customers for data use. (Reuters)

Microsoft (NASDAQ: MSFT) to release Windows 8 on October 26. (Reuters)

US Airways (NYSE: LCC) works with regulators on a possible buyout of AMR. (Reuters)

Bank of America (NYSE: BAC) and Credit Suisse (NYSE: CS) will make more expense cuts to improve margins. (WSJ)

China will offer African nations $20 billion in loans. (WSJ)

The U.S. Postal Service says it may default on a pension obligation of $5.5 billion. (WSJ)

Government data from Spain show its housing and bank problems have worsened. (WSJ)

Procter & Gamble (NYSE: PG) defends its embattled CEO. (WSJ)

EBay (NASDAQ: EBAY) earnings rise more than expected as PayPal’s success continues. (WSJ)

The National Retail Federation says average back-to-school spending will rise 14%. (WSJ)

Corn and soybean prices reach records because of widespread drought. (WSJ)

Huge layoffs at Yahoo! (NASDAQ: YHOO) may be needed  to bring its expenses into line with those of Facebook (NASDAQ: FB) and Google (NASDAQ: GOOG). (WSJ)

The AARP reports that foreclosure rates among people older than 75 have risen sharply. (NYT)

A new survey shows e-book sales rising much more quickly than those of traditional books. (NYT)

The Libor investigation moves to Credit Agricole, HSBC (NYSE: HBC), Deutsche Bank (NYSE: DB) and Societe Generale. (FT)

China will buy some of the pension assets of General Motors (NYSE: GM), many of which are large investments in U.S. public companies. (FT)

Novartis (NYSE: NVS) profits rise because of new drugs. (Bloomberg)

Douglas A. McIntyre

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

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