FAA furlough reprieve: 'No fair!'

Lawmakers effectively canceled the furloughs of FAA air traffic controllers in an effort to end airport delays. Critics say Congress shouldn't pick favorites for reprieve from supposed across-the-board budget cuts. NEW YORK (CNNMoney) But advocates...

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50 million customers hit in LivingSocial hack

LivingSocial is requiring all customers to change their passwords after a cyberattack on its systems. NEW YORK (CNNMoney) The daily deals site recently suffered a cyberattack on some of its servers, and customer data for more than 50 million users...

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Stocks on track to cap 4th month of gains in 2013

Click the chart for more stock market data. NEW YORK (CNNMoney) Stock market investors will be especially keeping a close eye on how the bankers view the U.S. economy's progress. Recently, there have been signs that economic growth is losing...

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Tesla offers idiot-proof battery warranty

NEW YORK (CNNMoney) The battery is covered even if an owner fails to follow charging guidelines laid out in the owners' manual. "Any product that needs a manual to work is broken," Musk said. The only cases in which Tesla (TSLA) would not honor...

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FAA furlough reprieve: 'No fair!'

Lawmakers effectively canceled the furloughs of FAA air traffic controllers in an effort to end airport delays. Critics say Congress shouldn't pick favorites for reprieve from supposed across-the-board budget cuts. NEW YORK (CNNMoney) But advocates...

08.36 | 0 komentar | Read More

50 million customers hit in LivingSocial hack

LivingSocial is requiring all customers to change their passwords after a cyberattack on its systems. NEW YORK (CNNMoney) The daily deals site recently suffered a cyberattack on some of its servers, and customer data for more than 50 million users...

08.36 | 0 komentar | Read More

Tesla offers idiot-proof battery warranty

NEW YORK (CNNMoney) The battery is covered even if an owner fails to follow charging guidelines laid out in the owners' manual. "Any product that needs a manual to work is broken," Musk said. The only cases in which Tesla (TSLA) would not honor...

08.36 | 0 komentar | Read More

FAA furlough reprieve: 'No fair!'

Lawmakers effectively canceled the furloughs of FAA air traffic controllers in an effort to end airport delays. Critics say Congress shouldn't pick favorites for reprieve from supposed across-the-board budget cuts. NEW YORK (CNNMoney) But advocates...

08.36 | 0 komentar | Read More

50 million customers hit in LivingSocial hack

LivingSocial is requiring all customers to change their passwords after a cyberattack on its systems. NEW YORK (CNNMoney) The daily deals site recently suffered a cyberattack on some of its servers, and customer data for more than 50 million users...

08.36 | 0 komentar | Read More

A decade of iTunes singles killed the music industry

After Apple's iTunes Music Store debuted on April 28, 2003, sales of 99-cent digital singles surged. But that had a disastrous impact on overall music revenue. NEW YORK (CNNMoney) Since the introduction the iTunes Music Store on April 28, 2003,...

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Soros reveals stake in J.C. Penney; stock surges

Soros disclosed a passive stake in J.C. Penney on Thursday. NEW YORK (CNNMoney) The hedge fund mogul revealed a 7.9% stake in the retailer on Thursday. The investment is worth nearly $265 million at Thursday's closing price of $15.24. Soros...

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Stop hackers in their tracks

LONDON (CNNMoney) This week's Associated Press Twitter scandal is the latest in a string of increasingly high-profile social media hijacking cases that has highlighted the vulnerability of all corporate social media accounts. Devin Redmond, CEO...

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Tax refund delayed? H&R Block might give you $25

NEW YORK (CNNMoney) The tax preparation firm said Wednesday it is sending $25 gift cards to customers who filed their taxes in company-owned H&R Block (HRB) locations and were impacted by a processing delay of returns claiming education credits....

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GE Capital halts lending for gun shop purchases

GE Capital has halted its lending program for purchases from gun shops. NEW YORK (CNNMoney) GE Capital, which provides consumer financing services, had previously provided lending services to gun shops to help consumers finance firearm purchases....

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Lawmakers probe government loan to Fisker as carmaker struggles

The Fisker Karma. NEW YORK (CNNMoney) Fisker laid off most of its employees earlier this month and missed its first loan payment to the Department of Energy on Monday. The Treasury Department has already seized $21 million in an effort to recover...

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Nike pulls "Boston Massacre" shirts following bombings

Nike has pulled shirts that read "Boston Massacre" - a reference to the Yankees-Red Sox rivalry - in light of the tragedy in Boston last week. NEW YORK (CNNMoney) The phrase references a four-game sweep of the Red Sox by the Yankees in 1978 that...

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Stocks vs. bonds: How we decided

(Money Magazine) Yet many blue-chip companies that appeal to conservative investors are now paying shareholders more in dividends than bond owners are getting in interest, which hasn't really been the case since the early 1950s. This raises an...

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Apple's profit crunch continues

NEW YORK (CNNMoney) The tech titan's profit fell 18% last quarter, and its gross profit margin declined by nearly 10 percentage points. Though Apple's earnings fell less than Wall Street analysts expected, its margin came in well below their forecasts....

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Internet sales tax: What you need to know

A sales tax on online purchases could be coming to a browser near you soon. NEW YORK (CNNMoney) The law would allow 45 states and the District of Columbia to demand that online retailers collect sales tax on purchases. Estimates are that consumers...

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Netflix stock surges 25% on solid subscriber growth

Netflix trounced Wall Street's earnings expectations thanks to a big increase in video streaming subscribers. NEW YORK (CNNMoney) Netflix signed up more than 2 million new U.S. streaming subscribers in the first quarter, which was at the top end...

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Cybercrime's easiest prey: Small businesses

Small businesses are the 'most victimized' NEW YORK (CNNMoney) A data breach investigations report from Verizon (VZ, Fortune 500), to be released Tuesday, will show that small businesses continue to be the most victimized of all companies. Of...

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AB InBev and Modelo merger set to move forward

Anheuser-Busch InBev and Grupo Modelo are currently the number-one and -three brewers in the U.S. market, respectively. NEW YORK (CNNMoney) The Justice Department announced Friday that it had reached a settlement with Anheuser-Busch InBev and Grupo...

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Netflix hopes for 'House of Cards' boost

Netflix is hoping its investment in original programming, including Kevin Spacey's "House of Cards," pays off in the form of new subscribers. NEW YORK (CNNMoney) The streaming video company will report first-quarter earnings on Monday, and the...

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Stocks: Apple, Amazon, Netflix earnings on tap

Click the chart for more stock market data. NEW YORK (CNNMoney) One of the most anticipated reports will come from Apple (AAPL, Fortune 500) on Tuesday. The iPhone maker's stock hit a 52-week low last week as shareholders worried about the company's...

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Another Honda recall: 225,000 SUV's and minivans affected

The 2012 CRV is among the vehicles affected by the Honda recall. NEW YORK (CNNMoney) In the U.S., the recall affects roughly 128,000 Honda CR-V's and 59,000 Odysseys from model years 2012 and 2013, as well as 17,500 Acura RDX's from 2013, Honda...

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Boeing Dreamliner cleared to fix battery, start flying again

The Federal Aviation Administration cleared Boeing to make fixes to the battery system of the 787 Dreamliner. That paves the way for the aircraft to start flying again. WASHINGTON (CNNMoney) Nearly 50 Dreamliners have been grounded for the last...

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AB InBev and Modelo merger set to move forward

Anheuser-Busch InBev and Grupo Modelo are currently the number-one and -three brewers in the U.S. market, respectively. NEW YORK (CNNMoney) The Justice Department announced Friday that it had reached a settlement with Anheuser-Busch InBev and Grupo...

08.36 | 0 komentar | Read More

Another Honda recall: 225,000 SUV's and minivans affected

The 2012 CRV is among the vehicles affected by the Honda recall. NEW YORK (CNNMoney) In the U.S., the recall affects roughly 128,000 Honda CR-V's and 59,000 Odysseys from model years 2012 and 2013, as well as 17,500 Acura RDX's from 2013, Honda...

08.36 | 0 komentar | Read More