Stocks: 2014 half-time report

After a tumultuous start, the S&P 500 has continued its record rise this year. NEW YORK (CNNMoney) While the all-important monthly jobs report comes out on Thursday (a day earlier than usual because of the three-day weekend), there's not...

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When will Alibaba go public? Ask a fortune teller

Jack Ma is taking Alibaba public in what could be the biggest IPO in U.S. history. HONG KONG (CNNMoney) Just one big question remains: What date will co-founder Jack Ma choose for Alibaba's market debut? This is no small matter -- especially...

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Obama's pick to fix veterans affairs tried to fix Procter & Gamble, too

Bob McDonald, a former CEO of Procter & Gamble, is President Obama's nominee for Veterans Affairs secretary. NEW YORK (CNNMoney) Bob McDonald has been in the hot seat before. He took the helm of global consumer products giant Procter &...

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Aereo suspends TV service...but not 'shutting down'

NEW YORK (CNNMoney) The court ruling found that Aereo violates copyright law by picking up the signals of local television stations and retransmitting them via the Internet to paying subscribers. "As a result of that decision, our case has been...

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American Apparel adopts plan to prevent a takeover

NEW YORK (CNNMoney) On Saturday, the company announced that it has adopted a one-year shareholders rights plan in an effort to prevent Charney, or any other person or group, from seizing a controlling interest in the company. The company's "poison...

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GM's 'culture' blamed for current crisis

NEW YORK (CNNMoney) In an exclusive interview that aired Saturday on CNN's "Smerconish," former GM manager Bill McAleer told host Michael Smerconish that employees who work at GM were "faced with a culture where you get fired if you do talk about...

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Aaron Swartz's father: He'd be alive today if he was never arrested

NEW YORK (CNNMoney) Swartz faced multiple charges for breaking and entering into an MIT wiring closet and downloading academic journals, including two counts of wire fraud and 11 counts of violating the Computer Fraud and Abuse Act. Swartz, who was...

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Red Bull settles with U.S. on Cuba violations claims

Red Bull North America has settled with the U.S. over alleged Cuba sanction violations NEW YORK (CNNMoney) The Treasury Department said Friday that the company has agreed to pay $89,775 over allegations it failed to get authorization from the...

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GM: Four more safety recalls, 430,000 cars

GM's recalls continue as the automaker announces four more, affecting nearly 430,000 vehicles in the U.S. NEW YORK (CNNMoney) The recall covers nearly 30,000 air bag inflators in 2013-2014 model year Chevrolet Cruze sedans. GM (GM) says the inflators...

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Millennial-driven housing boom seen on the horizon

NEW YORK (CNNMoney) According to a report released Thursday by Harvard's Joint Center for Housing Studies, as the economy shows signs of improvement, by 2025 Millennials could form 24 million new households and spur a huge comeback in the U.S. real...

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Walmart cuts iPhone prices

Walmart will cut the price of the iPhone on Friday at 9 a.m. NEW YORK (CNNMoney) Walmart said it is cutting the price for both the iPhone 5s and 5c beginning 9 a.m. Friday. With a two-year contract, a 16-gigabyte iPhone 5S will cost $99, coming...

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How much will GM victims get? We'll find out Monday

Feinberg's plan is expected to disclose details about who is eligible for compensation and how much money they could receive. NEW YORK (CNNMoney) The compensation plan will be unveiled by Kenneth Feinberg, a consultant who also determined payouts...

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GM halts sales of some Chevrolet Cruzes

GM has asked dealers to stop selling some 2013-2014 Chevy Cruzes due to an airbag issue. NEW YORK (CNNMoney) There may be a problem with the airbag in some of the vehicles, said GM spokesman Jim Cain. The automaker is currently working with the...

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Google's cardboard virtual-reality goggles

Google gave out a set of cardboard goggles that work with your smartphone to create a basic virtual reality experience at its developer conference on Wednesday. SAN FRANCISCO (CNNMoney) Google (GOOGL, Tech30) revealed a number of big updates...

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GoPro prices IPO at high end

NEW YORK (CNNMoney) That's because GoPro is officially going public this week. The consumer electronics company's IPO is set to raise roughly $425 million. On Wednesday evening, it priced shares at $24 apiece, the high end of the expected range...

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Danger! American Apparel, Lululemon impale

NEW YORK (CNNMoney) Just look at the controversy swirling around the founders of American Apparel (APP) and Lululemon (LULU). Dov Charney, the ousted chairman of American Apparel, is known for walking around his factory in his underwear and talking...

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In just six months, automakers pass recall record

NEW YORK (CNNMoney) The total number of recalled vehicles crossed the previous record when several automakers announced recalls of 2.8 million cars for faulty airbags. That brought the 2014 running total above 32 million. The previous record of...

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Madoff's accountant pleads guilty

Paul Konigsberg, Bernie Madoff's former accountant, faces up to 30 years in prison. NEW YORK (CNNMoney) Paul Konigsberg, a tax lawyer and accountant, provided services to Madoff and a number of Madoff's clients. Now, he faces up to 30 years in...

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American Apparel CEO hits back

NEW YORK (CNNMoney) Dov Charney, the embattled ex-CEO of retailer American Apparel (APP), says he has been approached by company stockholders who have expressed "support for his continued leadership" of the company, according to a filing with the...

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Airbag problems result in millions of recalls

Honda, Nissan, Mazda and Toyota are recalling millions of cars because of faulty inflators for Takata air bags. NEW YORK (CNNMoney) The National Highway Traffic Safety Administration says Honda (HMC), Nissan (NSANF), Toyota (TM), Mazda (MZDAF),...

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World Cup gets record U.S. ratings

NEW YORK (CNNMoney) The USA-Portugal match on ESPN averaged 18.2 million viewers on Sunday, topping the 11.1 million that tuned in for USA-Ghana on June 16. Another 6.5 million viewers watched a Spanish-language broadcast of the USA-Portugal match...

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American Apparel's ousted CEO fights back

NEW YORK (CNNMoney) In a letter to the company's board, Glaser, who heads Glaser-Weil's litigation department, claims American Apparel "violated its legal and contractual obligations to Mr. Charney in numerous respects" that have resulted in "substantial...

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From cancer survivor to millionaire

NEW YORK (CNNMoney) The science teacher and textbook author was fighting off a rare and terminal form of cancer as he watched the Great Recession swallow up 40% of his investment portfolio. Friends in finance warned him to dump his stocks because...

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Will the Dow crack 17,000 this week?

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average is about 50 points away from crossing 17,000 for the first time ever. The blue-chip average closed at a record high Friday, as did the broader S&P 500 index....

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Friday Links

NEW YORK (CNNMoney) A weekly collection of design, data and interactive links.Photo/VideoSeismik | Herman Kolgen explores vertical layering dislocations8-Bit 3D Art | Ron Burgundy and Boba Fett rendered in 3D printed pixelsKodama | 20syl's new...

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From cancer survivor to millionaire

NEW YORK (CNNMoney) The science teacher and textbook author was fighting off a rare and terminal form of cancer as he watched the Great Recession swallow up 40% of his investment portfolio. Friends in finance warned him to dump his stocks because...

12.08 | 0 komentar | Read More

American Apparel's ousted CEO fights back

NEW YORK (CNNMoney) In a letter to the company's board, Glaser, who heads Glaser-Weil's litigation department, claims American Apparel "violated its legal and contractual obligations to Mr. Charney in numerous respects" that have resulted in "substantial...

12.08 | 0 komentar | Read More

Starbucks prices are going up

A tall latte will cost between 15 and 20 cents more after Tuesday. NEW YORK (CNNMoney) On average a drink will cost between 5 and 20 cents more, depending on what you order and where you're making the purchase. The price of a tall or venti...

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Google hosts all-girl coding party

Actress and producer Mindy Kaling was the host at an event geared toward getting more young girls interested in tech. NEW YORK (CNNMoney) Made With Code aims to address what, according to Google's own research, are the top two reasons women don't...

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Friday Links

NEW YORK (CNNMoney) A weekly collection of design, data and interactive links.Photo/VideoSeismik | Herman Kolgen explores vertical layering dislocations8-Bit 3D Art | Ron Burgundy and Boba Fett rendered in 3D printed pixelsKodama | 20syl's new...

12.08 | 0 komentar | Read More

Can enough money buy you eternal youth?

NEW YORK (CNNMoney) No need to go that far. It turns out, the best kind of anti-aging treatment is inside one's own body, and the rich are taking advantage of it, exploring the latest research in new technologies, genome mapping and stem cell...

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Why I put World of Warcraft on my resume

World of Warcraft helped make Stephen Gillett the chief information officer of Starbucks. He's now COO of Symantec. NEW YORK (CNNMoney) If it isn't clear already, we're talking about the online video game World of Warcraft. "I put my qualifications...

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Massachusetts approves $11 minimum wage

Legislators in the Bay State approved an NEW YORK (CNNMoney) Lawmakers in the Bay State gave final approval on Thursday to legislation that will gradually raise the minimum to $11 an hour by 2017, up from $8 today. Governor Deval Patrick received...

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T-Mobile: Stream all the music you want

T-Mobile CEO John Legere announced a new program called Music Freedom on Wednesday. SEATTLE (CNNMoney) The feisty wireless carrier announced a new program Wednesday that will let users stream music on certain apps without it counting toward monthly...

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