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India's economic growth slowest since 2009

Written By limadu on Sabtu, 31 Agustus 2013 | 08.36

India's GDP growth hit is lowest level since the beginning of 2009. LONDON (CNNMoney) The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter. That's India's...
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China partners with U.S. oil firm in Egypt

NEW YORK (CNNMoney) The deal involves Sinopec (SHI) paying $3.1 billion for a 33% stake in Apache's Egyptian operations, which produce about 100,000 barrels of oil day. Apache (APA, Fortune 500) said the sale had nothing to do with the current...
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American, US Air win quick trial for antitrust case

US Airways and American Airlines won their request for a quick trial in the antitrust case that seeks to block their proposed merger. NEW YORK (CNNMoney) U.S. District Court Judge Colleen Kollar-Kotelly on Friday set a Nov. 25 trial date, which...
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Ace your next job interview

Written By limadu on Jumat, 30 Agustus 2013 | 08.36

Navigating today's tough hiring process requires an upgrade of your interviewing skills. (Money Magazine) Employers still have the upper hand in most fields, which means you can expect to be scrutinized extra carefully during the interview process....
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Married same-sex couples gain equal tax benefits

Edie Windsor took her tax dispute to the Supreme Court and won a landmark ruling in June. NEW YORK (CNNMoney) The decision has a host of implications, even for same-sex married couples who now live in states that don't recognize same-sex marriage....
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New York Times site slow to return for some users after cyber attack

The Syrian Electronic Army, a hacktivist group that supports Syrian President Bashar al-Assad, has claimed responsibility for the attack on the Times site. NEW YORK (CNNMoney) The Times' website went down for several hours Tuesday after an attack...
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Merrill agrees to $160M racial bias settlement

Written By limadu on Kamis, 29 Agustus 2013 | 08.36

Merrill Lynch has agreed to pay $160 to settle an employment discrimination class action suit, according to the plaintiff's attorneys. NEW YORK (CNNMoney) The settlement, one of the largest ever in an employment discrimination case, would set up...
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Nintendo unveils new '2DS' and cuts Wii U prices

By unveiling the 2DS and cutting Wii prices, Nintendo is shaking things up ahead of a looming holiday battle with Sony and Microsoft NEW YORK (CNNMoney) As the name implies, the Nintendo (NTDOF) 2DS strips out the novel, but not quite essential...
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San Bernardino bankruptcy gets green light

San Bernardino's bankruptcy case can continue after a court ruling Wednesday. NEW YORK (CNNMoney) It's a ruling that could affect the nation's largest municipal bankruptcy case in Detroit and open the door to cuts to other public-sector pension...
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Take the big stress out of a big move

Written By limadu on Rabu, 28 Agustus 2013 | 08.36

Greg and Lauren Martin scout out Louisville, Colo. NEW YORK (Money Magazine) The couple's plan was to be near Boulder, where they had spent many happy vacations mountain biking and snowboarding. So Lauren, a personal trainer, and Greg, a communications...
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New York Times down in possible 'malicious attack'

The New York Times' website went down for several hours on Tuesday, the second outage in two weeks. NEW YORK (CNNMoney) After the site had been unavailable for several hours, Times spokeswoman Eileen Murphy tweeted, "initial assessment - issue...
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Las Vegas Sands resolves laundering case with $47 million deal

Las Vegas Sands' Venetian resort and casino. NEW YORK (CNNMoney) The sum represents funds accepted by Sands (LVS, Fortune 500) on behalf of Zhenli Ye Gon, a native of China who is currently being held in the U.S. pending extradition to Mexico on...
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Bankrupt American Air posts record monthly profit

Written By limadu on Selasa, 27 Agustus 2013 | 08.36

The Justice Department has argued that American and US Airways don't need to merge to be successful. NEW YORK (CNNMoney) The airline said in a securities filing Monday that it earned a record $349 million in July, or $292 million when reorganization...
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Bill Ackman to sell entire J.C. Penney stake

Activist investor Bill Ackman is selling his entire 18% stake in J.C. Penney. Shares of the troubled retailer have plunged 50% since Ackman first disclosed his stake in early October 2010. NEW YORK (CNNMoney) Ackman, who owns 39 million shares...
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Lew to Congress: Raise debt ceiling before mid-October

Treasury Secretary Jack Lew appealed to Congress again to "remove the threat of default" as soon as possible and raise the country's legal borrowing limit. NEW YORK (CNNMoney) At that point, Lew warned, unless Congress has raised the debt ceiling,...
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GM to return to Super Bowl advertising in 2014

Written By limadu on Senin, 26 Agustus 2013 | 08.36

GM's most recent Super Bowl ad, from 2012, for the Chevrolet Silverado. NEW YORK (CNNMoney) The automaker said Friday it was planning to advertise in the upcoming game to promote a fleet of new Chevrolet models. Chevy is introducing a dozen new...
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Fed warned of global risks to tapering

Jackson Hole, Wyo. (CNNMoney) But the question is: Should the Fed really care? That's the focus of much debate at a gathering of central bankers and economists in Jackson Hole, Wyo., Saturday. While the Fed was trying to save the U.S. economy...
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Get ready for 'Septaper'

Click chart for more markets data. NEW YORK (CNNMoney) Each number will be scrutinized even more so than usual this month, as investors look at every economic indicator as a predictor for whether the Federal Reserve will pull back on asset purchases...
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Busting the 5 myths of college costs

Written By limadu on Minggu, 25 Agustus 2013 | 08.36

Much of the playbook for taking on the $40,000 average sticker price of a private school is out-of-date or just plain wrong. (Money Magazine) So you figure you've got this college thing under control. Not quite. Those expensive schools you ruled...
08.36 | 0 komentar | Read More

GM to return to Super Bowl advertising in 2014

GM's most recent Super Bowl ad, from 2012, for the Chevrolet Silverado. NEW YORK (CNNMoney) The automaker said Friday it was planning to advertise in the upcoming game to promote a fleet of new Chevrolet models. Chevy is introducing a dozen new...
08.36 | 0 komentar | Read More

Fed warned of global risks to tapering

Jackson Hole, Wyo. (CNNMoney) But the question is: Should the Fed really care? That's the focus of much debate at a gathering of central bankers and economists in Jackson Hole, Wyo., Saturday. While the Fed was trying to save the U.S. economy...
08.36 | 0 komentar | Read More

Steve Ballmer's leaving. Now what?

Written By limadu on Sabtu, 24 Agustus 2013 | 08.37

NEW YORK (CNNMoney) The outgoing Microsoft CEO repeatedly failed to anticipate where the consumer technology market was headed or figure out how Microsoft (MSFT, Fortune 500) could innovate in important areas. That's not to say that Ballmer's tenure...
08.37 | 0 komentar | Read More

Busting the 5 myths of college costs

Much of the playbook for taking on the $40,000 average sticker price of a private school is out-of-date or just plain wrong. (Money Magazine) So you figure you've got this college thing under control. Not quite. Those expensive schools you ruled...
08.37 | 0 komentar | Read More

GM to return to Super Bowl advertising in 2014

GM's most recent Super Bowl ad, from 2012, for the Chevrolet Silverado. NEW YORK (CNNMoney) The automaker said Friday it was planning to advertise in the upcoming game to promote a fleet of new Chevrolet models. Chevy is introducing a dozen new...
08.37 | 0 komentar | Read More

Trading glitches a sad new market reality

Written By limadu on Jumat, 23 Agustus 2013 | 08.36

Nasdaq halts trading in more than 2700 stocks because of a technical glitch. NEW YORK (CNNMoney) Some of the market's most popular stocks, including Apple (AAPL, Fortune 500), Google (GOOG, Fortune 500), Microsoft (MSFT, Fortune 500), Intel (INTC,...
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Icahn turns up the heat on Apple stock buyback

Carl Icahn tweeted again on Thursday about pushing Apple to increase its stock buyback, and he claims CEO Tim Cook is on board with the idea. NEW YORK (CNNMoney) The activist investor said the pair plans to have dinner in September, and that Cook...
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