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GoldieBlox ad makes Super Bowl history

Written By limadu on Jumat, 31 Januari 2014 | 08.36

Debbie Sterling's toy startup GoldieBlox becomes the first small business ever to air an ad during the Super Bowl. NEW YORK (CNNMoney) The startup will make Super Bowl history this Sunday by becoming the first small business to have a commercial...
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Hackers attack Yahoo Mail accounts

NEW YORK (CNNMoney) Yahoo (YHOO, Fortune 500) said it recently identified a coordinated effort by hackers who tried to log into many email accounts with stolen usernames and passwords. The note by Yahoo products executive Jay Rossiter did not immediately...
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Chipotle shares sizzle following red-hot quarter

Chipotle says it plans to open between 180 and 195 new restaurants in 2014. NEW YORK (CNNMoney) The burrito chain's stock surged nearly 13% in after-hours trading Thursday following fourth-quarter results showing the company's strong growth continuing....
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What Obama said about women

Written By limadu on Kamis, 30 Januari 2014 | 08.37

How much gender affects pay in these five most common jobs occupied by women - or any other job for that matter - is very hard to tease out since so many factors play a role. NEW YORK (CNNMoney) And so it was when President Obama on Tuesday touched...
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Google to sell Motorola Mobility unit to Lenovo

China-based Lenovo is the world's largest PC maker. NEW YORK (CNNMoney) The search giant announced Wednesday that it will sell its Motorola Mobility smartphone unit to Chinese PC maker Lenovo for $2.9 billion, giving up on a business it purchased...
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Stolen credentials blamed in Target breach

NEW YORK (CNNMoney) Since discovering the breach, "we have taken extra precautions such as limiting or updating access to some of our platforms while the investigation continues," Target spokeswoman Molly Snyder said. The news adds details about...
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5 airline fees we hate the most

Written By limadu on Rabu, 29 Januari 2014 | 08.37

Baggage fees top the list of most hated airlines fees. NEW YORK (CNNMoney) U.S.-based airlines were raking in baggage and reservation change fees at an annualized rate of roughly $6 billion last year, according to the Department of Transportation....
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U.K. lawmakers tell Queen to cut expenses

Silly hat expenditures remain robust. NEW YORK (CNNMoney) U.K. lawmakers issued a report Tuesday criticizing the management of the British monarch's finances, calling for the Royal Household to cut expenses and improve its budget management....
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Turkey's central bank hikes rates to combat sell-off

Turkey's central bank heads into a crisis meeting on raising rates to defend the lira, despite government claims that the economy is solid. NEW YORK (CNNMoney) The announcement came following an emergency meeting convened in response to the crisis....
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Should I take my pension's lump sum offer?

Written By limadu on Selasa, 28 Januari 2014 | 08.37

Start researching your options at least a year before your desired retirement date to figure out what the best fit is for you. NEW YORK (CNNMoney) Choosing between monthly pension payments for life or one, large lump sum payment can affect your...
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Investor apologizes for Nazi comparison, stands by message

Here's what a "literal knight" looks like. NEW YORK (CNNMoney) The venture capitalist apologized Monday for comparing criticism of the wealthy to a wave of Nazi attacks on Jews ahead of the Holocaust, but doubled down on his warning about anti-rich...
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Farm bill ends subsidies, cuts food stamps

A food pantry New York City. WASHINGTON (CNNMoney) The deal could trim as much as $90 a month from food stamps for 850,000 recipients. The farm bill would last five years and needs to pass both chambers and then be signed by the president....
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ATM outage strands U.K. bank customers

Written By limadu on Senin, 27 Januari 2014 | 08.37

NEW YORK (CNNMoney) A Lloyds Banking Group (LLDTF) spokeswoman said the three-hour outage had been resolved but did not know how many customers had been unable to use their cards. Issues with in-store purchases were resolved by 6 p.m. local, and...
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Will stocks break out of their rut?

Stocks haven't performed well this year, but can they reverse course this week? NEW YORK (CNNMoney) Investors will be closely watching a barrage of big events that will determine whether the rally can get back on track or send the market even...
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Investor compares U.S. wealth debate to Nazi Germany

Tom Perkins, pictured in September 2013. NEW YORK (CNNMoney) "Writing from the epicenter of progressive thought, San Francisco, I would call attention to the parallels of fascist Nazi Germany to its war on its 'one percent,' namely its Jews,...
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Buckle up! 2014 will be a bumpy ride

Written By limadu on Minggu, 26 Januari 2014 | 08.36

BlackRock CEO Laurence Fink: "I hear way too much optimism going forward -- we're going to be in a world of much greater volatility." Davos, Switzerland (CNNMoney) Financial experts at the World Economic Forum in Davos were cautiously optimistic...
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Michaels stores: Possible data 'attack'

The country's largest crafts chain said Saturday it learned recently of 'possible fraudulent activity' on some customer payment cards, suggesting there may have been a breach. NEW YORK (CNNMoney) Michaels said Saturday that it learned recently...
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Weather Channel-DirecTV blackout: No end in sight

TV channel owners and distributors usually haggle in private. But the dispute between the Weather Channel and DirecTV underscores how contentious the negotiations can become. NEW YORK (CNNMoney) On Friday, DirecTV Chief Executive Mike White published...
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Nissan spanked over fake dune-climbing ad

Written By limadu on Sabtu, 25 Januari 2014 | 08.36

NEW YORK (CNNMoney) So Nissan and its advertising agency have entered into a proposed settlement with the Federal Trade Commission over charges of deceptive advertising. Neither Nissan (NSANF) or its advertising agency, TBWA Worldwide, will pay any...
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Sony gets rights to Sandberg's 'Lean In'

Sony Pictures has acquired the film rights to Sheryl Sandberg's book "Lean In." NEW YORK (CNNMoney) Sony Pictures confirmed that it has acquired the rights to make the Facebook (FB, Fortune 500) COO's book into a movie. Published in March...
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Sam's Club laying off 2% of workers

Sam's Club will lay off 2% of its workforce. NEW YORK (CNNMoney) That's 2% of the workforce for the wholesale club chain, which has nearly 600 locations in the United States. A little less than half of the employees affected are assistant...
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Jack Lew: U.S. could grow by 3% this year

Written By limadu on Jumat, 24 Januari 2014 | 08.36

Davos, Switzerland (CNNMoney) "We have a good first quarter underway, I believe," Lew said at the World Economic Forum in Davos, Switzerland. Lew was reluctant to make a specific prediction about the rate of expansion this year, but said there...
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Oops! Pentagon didn't actually order 80,000 new BlackBerries

Smartphone maker BlackBerry didn't sell 80,000 new phones to the Pentagon, but the sale of most of its Canadian real estate holdings will help its finances. NEW YORK (CNNMoney) "The Department of Defense is not planning to purchase upwards of...
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Microsoft sales soar 14%

Microsoft shares rise after company reports strong second quarter sales that beat analyst estimates NEW YORK (CNNMoney) The software giant posted solid shipments of the Xbox One, selling 3.9 million of the new game consoles. Microsoft has been...
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Lew: Raise debt ceiling before late February

Written By limadu on Kamis, 23 Januari 2014 | 08.37

Treasury Secretary Jack Lew makes it official in a letter to Congressional leaders: They must move before end of February to raise nation's debt ceiling to ward off any risk of a U.S. default. NEW YORK (CNNMoney) Otherwise, he said, the Treasury...
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Netflix stock soars 16% on huge subscriber growth

Netflix's best subscriber growth in three years helped send the stock soaring in after-hours trading. NEW YORK (CNNMoney) In international markets, including Canada and Latin America, the service gained another 1.7 million subscribers, allowing...
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eBay spikes after-hours on Icahn proposal

Activist investor Carl Icahn wants eBay to spinoff PayPal into a separate company. NEW YORK (CNNMoney) In its fourth quarter earnings release, eBay (EBAY, Fortune 500) said Icahn wants the tech giant to spin off PayPal into its own company. ...
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Opinion: Why growing income inequality matters

Written By limadu on Rabu, 22 Januari 2014 | 08.36

The concern about growing income inequality is not about begrudging the wealthy their success, says economist Jared Bernstein. The worry is that it is curbing everyone else's economic potential. Washington, D.C. (CNNMoney) First, by giving a...
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