Five years later, TARP price tag hits $40 billion

The cost of the federal bailout from 2008 is down to about $40 billion. WASHINGTON (CNNMoney) That's a lot less than what many once feared the Troubled Asset Relief Program would cost. But the report warned that the controversial bailout --...

12.08 | 0 komentar | Read More

Feds net another Swiss banker

WASHINGTON (CNNMoney) The development raises pressure on the bank amid settlement talks with Justice Department over its alleged tax evasion activities. Josef Dorig is the second former Credit Suisse (CS) employee in the past two months to agree...

12.08 | 0 komentar | Read More

Wal-Mart to offer auto insurance

Besides buying groceries, you'll also be able to buy auto insurance through Wal-Mart. NEW YORK (CNNMoney) The nation's largest retailer said Wednesday it is partnering with AutoInsurance.com to provide customers with "a one stop shop" for their...

12.08 | 0 komentar | Read More

A $10 million boost for millennial media startup PolicyMic

PolicyMic is getting a $10 million infusion. NEW YORK (CNNMoney) The cash infusion is part of a formidable wave of venture capital funding for new media companies. PolicyMic said it decided to raise the $10 million, on top of a previous $5 million,...

12.08 | 0 komentar | Read More

Univision airs concerns about Comcast deal

Univision's Randy Falco, pictured in 2011. NEW YORK (CNNMoney) Falco stopped short of opposing the merger outright, but expressed sharp concerns about the potential combination of the two companies. As government regulators undertake a review...

12.08 | 0 komentar | Read More

Netflix to speed up for Verizon customers

Netflix strikes deal with Verizon to allow faster speeds. NEW YORK (CNNMoney) The two companies said Monday that they struck a connection deal, the second Netflix has made with an Internet provider aimed at improving streaming speeds for customers....

12.08 | 0 komentar | Read More

Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

12.08 | 0 komentar | Read More

Stocks: Federal Reserve to the rescue?

Click image for more market data. NEW YORK (CNNMoney) After a bonanza of corporate report cards dominated recent headlines, investors will likely refocus on the state of the U.S. economy and the Federal Reserve's delicate dance to curtail its...

12.08 | 0 komentar | Read More

Supreme Court hearing leaves Aereo backer more confident

Click the photo to watch the interview. NEW YORK (CNNMoney) Barry Diller, chairman of the media giant IAC, was in the courtroom on Tuesday morning when the Supreme Court heard oral arguments in television broadcasters' high-stakes lawsuit against...

12.08 | 0 komentar | Read More

Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...

12.08 | 0 komentar | Read More

Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

12.08 | 0 komentar | Read More

Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

12.08 | 0 komentar | Read More

Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...

12.08 | 0 komentar | Read More

Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

12.08 | 0 komentar | Read More

Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

12.08 | 0 komentar | Read More

How the FCC's Internet fast lane affects you

FCC chairman Tom Wheeler, a former cable industry lobbyist. NEW YORK (CNNMoney) Federal Communications Commission chairman Tom Wheeler proposed new regulations Thursday that would allow Internet service providers like Comcast (CMCSA, Fortune...

12.08 | 0 komentar | Read More

Silicon Valley giants settle poaching case

NEW YORK (CNNMoney) Kelly Dermody, a lawyer for the plaintiff's, called the deal "an excellent resolution." The settlement will now go before a judge for review. The settlement was reached with Intel (INTC, Fortune 500), Google (GOOG, Fortune 500),...

12.08 | 0 komentar | Read More

Tesla finds friends in the FTC

A Tesla Motors vehicle in a Miami showroom. NEW YORK (CNNMoney) Three officials at the agency argued Thursday that the electric car company should be permitted to sell vehicles directly to customers. Many states currently forbid the practice...

12.08 | 0 komentar | Read More

Regulators pave way for Internet "fast lane" with net neutrality rules

FCC chairman Tom Wheeler, a former cable industry lobbyist. NEW YORK (CNNMoney) The news quickly drew condemnations from net neutrality activists, who say the proposal from the Federal Communications Commission will give large companies that...

12.08 | 0 komentar | Read More

Apple shares soar on increased buyback

Apple increased its buyback and posted a strong second quarter, sending shares soaring. NEW YORK (CNNMoney) Apple (AAPL, Fortune 500) said it will increase its share repurchase program to $130 billion, up from $100 billion. The company also announced...

12.08 | 0 komentar | Read More

What stumps Warren Buffett? Minimum wage

NEW YORK (CNNMoney) "I thought about it for 50 years and I just don't know the answer on it," Buffett told CNN Wednesday. "In economics you always have to say 'and then what?' And the real question is are more people going to be better off if it is...

12.08 | 0 komentar | Read More

Delinquent IRS employees paid bonuses by the agency

No one likes the tax man, but paying some badly behaved IRS employees a bonus isn't helping. NEW YORK (CNNMoney) More than $2.8 million, plus thousands of hours of paid time-off, were doled out over two years to employees who had recently been...

12.09 | 0 komentar | Read More

AT&T, Chernin set sights on streaming video

Peter Chernin, formerly of News Corp., has joined forces with AT&T for a new streaming service. NEW YORK (CNNMoney) On Tuesday the wireless company said it had entered into a new venture with former News Corporation president Peter Chernin...

12.09 | 0 komentar | Read More

China factories extend slump

China's factories have struggled in the early months of 2014. HONG KONG (CNNMoney) HSBC said its "flash" measure of sentiment among manufacturing purchasing managers was 48.3 in April. Analysts had expected the index to rebound from its final...

12.09 | 0 komentar | Read More

What the heck is Aereo, anyway?

NEW YORK (CNNMoney) Now Aereo's legality is before the Supreme Court. Is it, as Aereo argues, a legal and innovative way for consumers to get more control over how they watch TV? Or is it what some of the country's biggest broadcast networks say --...

12.08 | 0 komentar | Read More

Silicon Valley firms accused of hiring conspiracy

Google is among the firms accused in the class-action. NEW YORK (CNNMoney) A lawsuit pending in California federal court accuses a handful of firms, including Google (GOOG, Fortune 500), Apple (AAPL, Fortune 500) and Intel (INTC, Fortune 500),...

12.08 | 0 komentar | Read More

Move over Facebook, Alibaba's mega IPO is coming

HONG KONG (CNNMoney) Alibaba was founded 15 years ago in the modest Hangzhou, China apartment of Jack Ma -- a former English teacher who started the company with an initial investment of $60,000 kicked in by 18 friends. The company has since evolved...

12.08 | 0 komentar | Read More