Wal-Mart's U.S. CEO defends early Thanksgiving Day opening

NEW YORK (CNNMoney) CNNMoney spoke with Wal-Mart's (WMT, Fortune 500) U.S. CEO Bill Simon. Is shopping the kind of family tradition Wal-Mart wants to perpetuate? Simon: Our job is to try to anticipate what the customer wants... Having families...

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Bitcoin worth $9M buried in garbage dump

A hard drive containing about $9 million in bitcoin is trapped under mounds of trash at a landfill site like this one in the U.K. LONDON (CNNMoney) The device is now buried under a mountain of garbage at a landfill site in Wales. It will be almost...

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Wal-Mart protesters arrested at Black Friday rallies

Demonstrators protesting outside a Walmart in Paramount, Calif. are arrested during a 2012 Black Friday protest. Protesters took to the streets near a number of Walmart locations again this year. NEW YORK (CNNMoney) Ten people were arrested on...

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Disgusted shoppers threaten to boycott Black Friday Thursday

This badge is circulating on Facebook and was shared more than 959,000 times as of mid-day Wednesday. NEW YORK (CNNMoney) Among their biggest targets: Kmart plans to kick Thanksgiving day off, opening stores at 6 a.m. and remaining open for 41...

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Sriracha factory ordered to put a lid on smell after locals pepper city with complaints

NEW YORK (CNNMoney) A judge in Los Angeles County has ordered Sriracha maker Huy Fong Foods to suspend operations at a plant in the city of Irwindale that local residents claim has caused an overpowering odor. Irwindale claimed in a lawsuit that...

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U.K. moves to cool property market

The Bank of England says U.K. house price inflation is accelerating and spreading out from London. LONDON (CNNMoney) House prices have increased by about 7% in a year, and by much more in London, raising concerns that borrowers may have trouble...

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PlayStation 4: For gamers only

NEW YORK (CNNMoney) Sony (SNE) definitely accomplished that, making for a better console experience over its predecessor. But unlike the PlayStation 3 and Microsoft (MSFT, Fortune 500) Xbox One, the PS4 is not built to be a do-it-all entertainment...

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5 ways identity thieves are targeting you

Fraudsters have many ways of stealing your identity. NEW YORK (CNNMoney) Now Jumio, a company that allows customers to make mobile payments and verify their identities online or by phone, has come out with "The Fraudsters' Playbook." The report...

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HP up 6% on strong quarter

NEW YORK (CNNMoney) On Tuesday, HP (HPQ, Fortune 500) shares soared 6% after the company showed it ended the year with a strong fiscal fourth quarter. HP reported quarterly revenue of $29.1 billion, soundly beating Wall Street analysts' expectations....

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FDA orders genetic testing firm 23andMe to halt sales

The FDA says 23andMe "has failed to address the issues described during previous interactions with the Agency." NEW YORK (CNNMoney) 23andMe is led by Anne Wojicki, who co-founded the company in 2006 and recently separated from her husband, Google...

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Gas prices may fall on Iran deal

Click here to see gas prices in your state. NEW YORK (CNNMoney) In fact, analysts expect gas prices to decline after the big Thanksgiving travel week regardless of the Iran deal. Iran entered into a preliminary agreement over the weekend...

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Yahoo hires Katie Couric as 'global anchor'

NEW YORK (CNNMoney) CEO Marissa Mayer confirmed Couric's hiring in a Tumblr post on Monday. The post didn't go into great detail about what Couric's role will entail, but she will be "the face of Yahoo News and [shoot] features for our homepage,"...

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Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...

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Investors thankful for stocks at records

Click the chart for more stock market data. NEW YORK (CNNMoney) Trading volume is typically quiet during the holiday-shortened week. The U.S. markets will be closed on Thursday for Thanksgiving and will shut down at 1 p.m. EST on Friday. ...

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Swiss voters reject proposal to cap executive pay

The campaign to cap executive pay at 12 times the lowest salary was led by young members of Switzerland's Social Democratic party. LONDON (CNNMoney) The "1:12 -- for fair wages" initiative, which proposed capping executive salaries at 12 times...

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Cable stocks surge on takeover chatter

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...

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Foxconn to build plant in Pennsylvania

A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney) The company, which a year ago said it was looking at expanding its U.S....

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Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...

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Cable stocks surge on takeover chatter

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...

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Foxconn to build plant in Pennsylvania

A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney) The company, which a year ago said it was looking at expanding its U.S....

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Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...

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California: 10K a day applying for Obamacare

More people are signing up for Obamacare coverage in California. NEW YORK (CNNMoney) The Covered California board also voted Thursday not to allow residents to extend individual policies that don't comply with Obamacare. Seeking to quell an uproar...

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Jury orders Samsung to pay Apple another $290 million

Samsung's smartphones (right) were found to have infringed on Apple's patents for the iPhone in a ruling last August. NEW YORK (CNNMoney) Thursday's ruling is the latest judgment in a serpentine case that has been ongoing for more than two years....

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Banks warned on high-interest loans

NEW YORK (CNNMoney) Deposit advance loans are short-term loans offered by firms including U.S. Bank (USB, Fortune 500), Wells Fargo (WFC, Fortune 500) and Regions (RF, Fortune 500), typically in increments of a few hundred dollars or less. Like...

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Help! A bill collector is coming after me

NEW YORK (Money Magazine) You have 30 days after a collection agency has contacted you in writing to ask for proof of the debt, says John Ulzheimer, a contributor to CreditSesame.com. Should that month have passed, try negotiating with the shipper....

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CBO: Real debt ceiling deadline could hit in March

Treasury Secretary Jack Lew this week again noted that political brinksmanship over raising the debt ceiling benefits no one. And he urged lawmakers to raise the limit soon to create certainty for the economy. NEW YORK (CNNMoney) But soon enough,...

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Google launches prepaid card

Google's new prepaid card will be funded by Google Wallet accounts. NEW YORK (CNNMoney) The tech giant announced the launch of a physical prepaid card on Wednesday. The new Google Wallet Card will be tied to a customer's Google Wallet account...

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Bernanke: Recent jobs reports are 'disappointing'

NEW YORK (CNNMoney) The latest data show the economy added an average of 200,000 jobs each of the last three months -- marking a sudden breakout for the labor market after months of weaker reports. Immediately after the October report was released,...

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Yahoo adds $5 billion to stock buyback

Yahoo CEO Marissa Mayer has announced a $5 billion buyback expansion, which will add to current shareholder goodwill. NEW YORK (CNNMoney) Shares of Yahoo rose 1.7% in after-hours trading Tuesday on the announcement. The company also revealed...

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JPMorgan can deduct big chunk of $13 billion deal

NEW YORK (CNNMoney) Here's why: Many of the costs associated with corporate legal cases are treated as deductible under the tax code, in much the same way that a company's wages or equipment expenses are. That means JPMorgan will be able to reduce...

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U.S., JPMorgan near $13 billion settlement

JPMorgan and Justice Department could announce settlement as soon as Tuesday. WASHINGTON (CNNMoney) Elements of the proposed pact are now being signed by states that are parties to the agreement, the person said. Only a few details remain to...

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