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...

12.09 | 0 komentar | Read More

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....

12.09 | 0 komentar | Read More

GoldieBlox ad makes Super Bowl history

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...

12.09 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

Asia stocks battered by emerging market fears

HONG KONG (CNNMoney) Japan's Nikkei was off 3.2% in morning trading, while Hong Kong's Hang Seng dropped 1.4% and Australia ASX All Ordinaries lost 1%. The Shanghai Composite, which often diverges from other Asian markets, was trading 0.6% higher....

12.08 | 0 komentar | Read More

Obama offers new 'MyRA' retirement accounts

President Obama used his address to proposed a new kind of retirement savings account. WASHINGTON (CNNMoney) Obama is calling them the "MyRA" and said he would, by executive order, direct the Treasury Department to create them. Details were...

12.09 | 0 komentar | Read More

Obama's soft sell on income inequality

NEW YORK (CNNMoney) And, true, he topped it with some emphatic observations about the widening income and opportunity gap in America. But it was short on rhetoric and heavy on wonk. He used the bulk of his speech to list a bevy of policies, many...

12.09 | 0 komentar | Read More

Obama: 9 million covered by health reform. Well maybe.

NEW YORK (CNNMoney) Obamacare got a bad rap after the disastrous launch of the federal and state exchanges in October. But enrollment has since improved, but not quite to the level that the president extolled. Obama said Tuesday that more than...

12.09 | 0 komentar | Read More

Should I take my pension's lump sum offer?

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...

12.09 | 0 komentar | Read More

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...

12.09 | 0 komentar | Read More

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....

12.09 | 0 komentar | Read More

ATM outage strands U.K. bank customers

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...

12.08 | 0 komentar | Read More

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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Emerging markets rattled as anxiety rises

India's rupee has weakened in recent days amid concerns about emerging market economies. HONG KONG (CNNMoney) Asian markets opened sharply lower as benchmark indices in Tokyo and Hong Kong shed more than 2% as investors looked to move out of...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

Buckle up! 2014 will be a bumpy ride

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...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

Nissan spanked over fake dune-climbing ad

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...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

Jack Lew: U.S. could grow by 3% this year

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...

12.08 | 0 komentar | Read More

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...

12.08 | 0 komentar | Read More

Cheerleader sues Oakland Raiders over wages

The Oakland Raiders are facing a potential class action over cheerleader compensation. NEW YORK (CNNMoney) A member of the Raiderettes -- "Football's Fabulous Females" -- filed suit against the Oakland Raiders football team on Wednesday, claiming...

12.09 | 0 komentar | Read More

China's factories sputter into the new year

China's factories are growing at a slower pace to start the new year. HONG KONG (CNNMoney) HSBC said that its "flash" measure of sentiment among manufacturing purchasing managers fell to 49.6 in January from 50.5 in December. January's reading...

12.09 | 0 komentar | Read More

Buyers flocked to foreclosures last year -- and many paid all cash

The surge in sales of distressed properties comes despite the fact that far fewer Americans lost their homes to foreclosure last year. NEW YORK (CNNMoney) Sales of foreclosed and distressed homes made up 16.2% of all home sales last year, up...

12.08 | 0 komentar | Read More

Opinion: Mobility is the problem, not income inequality

The problem for the 99% is not that incomes for the top 1% have grown faster than everyone else's, says social policy expert Scott Winship. It's because economic mobility has been stagnant for decades. Washington, D.C. (CNNMoney) Too many families...

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The world's most expensive whisky

NEW YORK (CNNMoney) A large crystal decanter filled with rare Macallan "M" whisky sold for $628,205 at a Sotheby's auction in Hong Kong this weekend. That hefty price tag set a new world record for the most expensive single-malt whisky sold at auction....

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Opinion: Why growing income inequality matters

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...

12.08 | 0 komentar | Read More