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Key report on jobs at risk in shutdown

Written By limadu on Senin, 30 September 2013 | 08.36

NEW YORK (CNNMoney) Bureau of Labor Statistics commissioner Erica Groshen said in a memo Friday that "all survey and other program operations will cease and the public website will not be updated." Nearly all of the agency's 2,400 employees will be...
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Stocks: Government shutdown threat looms

Click the chart for more stock market data. NEW YORK (CNNMoney) The threat of a government shutdown starting on Tuesday appeared more real as the clock ticked and Congress remained split on the contents of a temporary spending measure. At...
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Nissan Infiniti, Mazda6 recalled in U.S.

The recall included Mazda6s from model years 2009 through 2013. NEW YORK (CNNMoney) Mazda warned that doors in up to 98,000 Mazda6 sedans could open while the cars are in motion. The company blamed door latching screws used in model years 2009...
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Wells Fargo: A bargain if you're bullish on housing

Written By limadu on Minggu, 29 September 2013 | 08.36

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...
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ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...
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Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...
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Wells Fargo: A bargain if you're bullish on housing

Written By limadu on Sabtu, 28 September 2013 | 08.36

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...
08.36 | 0 komentar | Read More

ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...
08.36 | 0 komentar | Read More

Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...
08.36 | 0 komentar | Read More

Pasta maker Barilla under fire for anti-gay comments

Written By limadu on Jumat, 27 September 2013 | 08.36

Consumers are protesting pasta maker Barilla after controversial comments from the company's CEO. NEW YORK (CNNMoney) Guido Barilla, president of Barilla, said on an Italian radio program Wednesday that he wouldn't feature same-sex couples in his...
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Obamacare delay for small business exchanges

NEW YORK (CNNMoney) Although the federally-run marketplaces will launch this upcoming Tuesday, small businesses won't be able to enroll online until November. Instead, they'll be forced to sign up via fax or paper mail, according to a U.S. Health...
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Nike earnings just did it

Nike's revenues grew worldwide, with one big exception: China. NEW YORK (CNNMoney) The world's largest sports apparel company reported earnings of $0.86 per share, which beat analyst expectations, and revenue growth of 8% - to $7 billion - which...
08.36 | 0 komentar | Read More

Microsoft Surface 2: Hardly an afterthought

Written By limadu on Selasa, 24 September 2013 | 08.36

NEW YORK (CNNMoney) Instead, Microsoft (MSFT, Fortune 500) is pushing the Surface 2 with as much vigor as ever. Last year's Surface existed in a no man's land -- slightly too big to truly appeal as a tablet, slightly too underpowered to function...
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Chrysler files for IPO

NEW YORK (CNNMoney) The shares being sold in the proposed offering come from the stake of a trust established to cover medical benefits for retired workers that now owns 41.5% of the company. The trust was set up in 2007 as a way of reducing Chrysler's...
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Wonder Bread returns to shelves

The wait is over. NEW YORK (CNNMoney) The iconic bread brand returned to store shelves Monday, said Flowers Foods (FLO), the company that snatched it up earlier this year along with most of the other breads from the now-defunct Hostess for $360...
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Stocks: Government shutdown, Fed timing looms large

Written By limadu on Senin, 23 September 2013 | 08.36

Click chart for more markets data. NEW YORK (CNNMoney) Investors have a list of unanswered questions weighing on them. Chief among them: When will the Federal Reserve finally begin cutting back on its monthly $85 billion bond-buying program?...
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Billionaire George Soros weds for 3rd time

George Soros, 83, married Tomiko Bolton, 42, on Saturday. NEW YORK (CNNMoney) The 83-year-old, who has been married twice before, tied the knot once more on Saturday to health care and education consultant Tamiko Bolton, 42. The three-day celebration...
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Germans back Merkel on Europe and economy

Most Germans seem to approve Angela Merkel's handling of the euro zone crisis, even though she's not popular in other European countries. LONDON (CNNMoney) Merkel's bloc -- the Christian Democratic Union (CDU) and the Christian Social Union (CSU)...
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BlackBerry slashes staff, warns of $1 billion loss

Written By limadu on Minggu, 22 September 2013 | 08.36

Click the chart to track shares of BlackBerry. NEW YORK (CNNMoney) Shares of BlackBerry (BBRY) were halted at about 3:30 p.m. ET and plunged 20% when trading resumed. For the day they closed down 17%. BlackBerry's stock is down 26.5% this year....
08.36 | 0 komentar | Read More

Target to reduce 2013 holiday hiring

A Target store in Daly City, Calif. advertises for employment. NEW YORK (CNNMoney) The discount store chain said Friday that it plans to hire about 70,000 temporary workers this year, down from 88,000 a year ago. Target said it planned to offer...
08.36 | 0 komentar | Read More

Father and son charged in $6.5 million deathbed bond scam

The SEC says the two men "exploited the tragic circumstances surrounding a terminally ill diagnosis and turned the misfortune of others into a profit-making enterprise for themselves." NEW YORK (CNNMoney) The dying people were accessories to a...
08.36 | 0 komentar | Read More

BlackBerry slashes staff, warns of $1 billion loss

Written By limadu on Sabtu, 21 September 2013 | 08.37

Click the chart to track shares of BlackBerry. NEW YORK (CNNMoney) Shares of BlackBerry (BBRY) were halted at about 3:30 p.m. ET and plunged 20% when trading resumed. For the day they closed down 17%. BlackBerry's stock is down 26.5% this year....
08.37 | 0 komentar | Read More

Target to reduce 2013 holiday hiring

A Target store in Daly City, Calif. advertises for employment. NEW YORK (CNNMoney) The discount store chain said Friday that it plans to hire about 70,000 temporary workers this year, down from 88,000 a year ago. Target said it planned to offer...
08.37 | 0 komentar | Read More

Father and son charged in $6.5 million deathbed bond scam

The SEC says the two men "exploited the tragic circumstances surrounding a terminally ill diagnosis and turned the misfortune of others into a profit-making enterprise for themselves." NEW YORK (CNNMoney) The dying people were accessories to a...
08.37 | 0 komentar | Read More

BlackBerry to lay off 40% of workforce - report

Written By limadu on Kamis, 19 September 2013 | 08.37

NEW YORK (CNNMoney) That's a staggering percentage, and BlackBerry shares felt the pain: The stock fell as much as 5% from their peak on Wednesday after the Wall Street Journal reported the layoffs. The Journal article, which comes a little over...
08.37 | 0 komentar | Read More

IPhone owners have problems installing iOS 7

IPhone users across the internet are having trouble installing iOS 7, the latest iPhone update. NEW YORK (CNNMoney) Chances are you've been temporarily inconvenienced by Apple (AAPL, Fortune 500)'s overwhelmed servers. Users all across the Internet...
08.37 | 0 komentar | Read More

Musk says Tesla is at work on autopilot feature

Elon Musk holding court. NEW YORK (CNNMoney) Tesla CEO Elon Musk tweeted Wednesday that there is an "intense effort underway at Tesla to develop a practical autopilot system for Model S," the company's plug-in luxury sedan. He invited engineers...
08.37 | 0 komentar | Read More

Home care workers win minimum wage protection

Written By limadu on Rabu, 18 September 2013 | 08.36

The home care industry has been booming over the last several decades, but wages are remarkably low. NEW YORK (CNNMoney) The change will affect the nearly two million people who work as home health aides, personal care aids and certified nursing...
08.36 | 0 komentar | Read More
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