Eurozone officials set final terms for a bailout of Spain’s banks. (Reuters)
Marissa Mayer will receive as much as $70 million to head Yahoo! (NASDAQ: YHOO). (Reuters)
Banks hit by the Libor investigation may offer a group settlement. (Reuters)
Microsoft (NASDAQ: MSFT) posts its first quarterly loss since going public, but beats estimates. (Reuters)
A bankruptcy court will allow AMR management to run the airline firm until the end of the year. (Reuters)
The heads of Walmart (NYSE: WMT) and Facebook (NASDAQ: FB) will meet to expand their relationship. (Reuters)
The United States sells more assets it acquired during the financial bailout. (WSJ)
Google (NASDAQ: GOOG) announces good earnings but sidesteps the issue of what it will do with Motorola. (WSJ)
Heineken offers to buy Singapore beverage maker Fraser & Neave’s entire stake in Asia Pacific Breweries for $4.1 billion. (WSJ)
The fired CEO of Duke (NYSE: DUK) says management at the energy company tried to kill a merger with Progress Energy. (WSJ)
A housing shortage may have begun to cut into sales. (WSJ)
The Institute of International Finance says the crisis in Europe has slowed bank loans in a way that has hurt emerging markets. (WSJ)
Spain reports it is low on cash. (WSJ)
Johnson & Johnson (NYSE: JNJ) may pay $2.2 billion to settle charges about how it markets some drugs. (WSJ)
The CEOs of AMR and US Airways (NYSE: LCC) meet to talk about a merger. (WSJ)
KKR (NYSE: KKR) will open funds for individual investors. (WSJ)
High temperatures help push up the price of natural gas. (WSJ)
Drought in farm areas is likely to cause higher food prices. (NYT)
Libor flaws prompt some calls to eliminate the mechanism. (NYT)
The Education Department and the Consumer Financial Protection Bureau report that many students took out loans they could not repay. (NYT)
Citigroup (NYSE: C) may lose money on its sale of Smith Barney to Morgan Stanley (NYSE: MS). (FT)
Excess plant capacity in Europe will hurt Ford’s (NYSE: F) profits. (Bloomberg)
Douglas A. McIntyre
In 20 Years, I Haven’t Seen A Cash Back Card This Good
Credit card companies are at war, handing out free rewards and benefits to win the best customers. A good cash back card can be worth thousands of dollars a year in free money, not to mention other perks like travel, insurance, and access to fancy lounges. Our top pick today has pays up to 5% cash back, a $200 bonus on top, and $0 annual fee. Click here to apply before they stop offering rewards this generous.
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.
Latest from 24/7
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.