Taxpayers hit with fewer audits

NEW YORK (CNNMoney) The agency audited 1.4 million people last year, down 5% from 2012 and the lowest number of audits conducted since 2008, according to IRS statistics released Friday. The IRS blamed its shrinking budget for the drop-off, saying...

22.16 | 0 komentar | Read More

Are Netflix users ripping off the rest of us?

Reed Hastings says Netflix is "reluctantly" paying for faster connections to broadband networks. NEW YORK (CNNMoney) Hastings sounded off Thursday on the likes of Verizon (VZ, Fortune 500), Comcast (CMCSA, Fortune 500) and others, accusing them...

22.16 | 0 komentar | Read More

No winners for $1 billion NCAA challenge

NEW YORK (CNNMoney) The $1 billion prize for a perfect NCAA bracket that his Berkshire Hathaway (BRKA, Fortune 500) was backing will go unclaimed. None of the fans who signed up for the perfect bracket challenge sponsored by Quicken Loans and Yahoo...

22.16 | 0 komentar | Read More

U.S. sanctions on Russia begin to bite

Russian billionaire Gennady Timchenko's business empire is under pressure as the U.S. steps up sanctions over Crimea. LONDON (CNNMoney) Moscow's MICEX index fell more than 2% -- taking its losses for the year to 14%. The ruble was steady, after...

22.16 | 0 komentar | Read More

Time Warner Cable CEO to get $80 million golden parachute

Time Warner Cable CEO could get a $79.9 million golden parachute if the company is sold to Comcast. NEW YORK (CNNMoney) In a filing about the deal Thursday, Comcast disclosed the estimated value of the Time Warner Cable parachutes for its top...

22.16 | 0 komentar | Read More

Stocks pull back from record highs

Click for more market data. NEW YORK (CNNMoney) The S&P 500 hit a record high almost immediately after the opening bell in a frenzy of buying that traders said was tied to the expiration of options contracts Friday. The index quickly backed...

22.16 | 0 komentar | Read More

European IPOs boom as bull market runs

LONDON (CNNMoney) Initial public offerings on exchanges in the U.K., the Netherlands, Denmark and Spain have raised $12.4 billion so far this year, easily surpassing the $9.2 billion raised in the United States, according to data from Dealogic. ...

22.17 | 0 komentar | Read More

The Fortune interview: Tom Brokaw

Brokaw in his office in Rockefeller Center in 2013 (Fortune) Even now, at 74, he's still on the air at NBC for breaking news, as well as on special features for Today and for the recent Winter Olympics in Sochi. He has also become a bestselling...

22.17 | 0 komentar | Read More

Yellen spoke, stocks listened

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average, the S&P 500 and the Nasdaq edged higher in morning trading, recovering from earlier weakness. Investors are still digesting the outcome of the Federal...

22.17 | 0 komentar | Read More

GM names new safety chief after string of recalls

GM CEO Mary Barra has named a new safety chief at the automaker, which is reeling from problems with a recall. NEW YORK (CNNMoney) Jeff Boyer, who has been with the company for 40 years in a wide range of engineering and safety positions, will...

22.16 | 0 komentar | Read More

Mt.Gox is back ... sort of

Bitcoin exchange Mt.Gox, which halted operations last month, is back online. NEW YORK (CNNMoney) Mt.Gox had been one of the leading exchanges for the virtual currency. But last month it went bankrupt and halted operations, with hundreds of millions...

22.16 | 0 komentar | Read More

Google, Viacom settle YouTube lawsuit

Viacom sued Google unit YouTube in 2007, seeking more than $1 billion for unauthorized video uploads from "The Daily Show with Jon Stewart," and other programs. NEW YORK (CNNMoney) The two companies announced the resolution of the seven-year-old...

22.16 | 0 komentar | Read More

Heineken and Sam Adams boycott St. Patty's Day parades

Heineken and Sam Adams are withdrawing their sponsorships of St. Patty's Day parades in New York City and Boston. NEW YORK (CNNMoney) Sam Adams, owned by Boston Beer Co (SAM), will no longer be sponsoring the parade in Boston on Sunday, while...

22.17 | 0 komentar | Read More

Weibo: China's Twitter files to go public

Weibo, a Chinese microblogging site, filed for an IPO in the U.S. on Friday. NEW YORK (CNNMoney) The Beijing-based social media company intends to list on the New York Stock Exchange and is looking to raise $500 million. Weibo, owned by Sina...

22.17 | 0 komentar | Read More

Crimea: Economic fallout of a 'yes' vote

Crimea is voting on Sunday in a referendum to decide if the region should break from Ukraine and join Russia. LONDON (CNNMoney) The West has called the vote illegal, saying Russian military activity in Crimea violates Ukraine's sovereignty and...

22.17 | 0 komentar | Read More

Create jobs, save a cow

Shanley Knox, left, and Florence Okunim, a Ugandan artisan. NEW YORK (CNNMoney) Raised an evangelical Christian in Northern California, Knox spent several summers in college writing for a faith-based aid organization in Uganda. But she soon became...

22.16 | 0 komentar | Read More

Madoff employee trial nears the end

Guilty or not guilty? George Perez, former computer programmer for Bernard Madoff, and his four ex-colleagues will soon learn their fate. NEW YORK (CNNMoney) The case of Dan Bonventre, Joann Crupi, Annette Bongiorno, George Perez and Jerome O'Hara...

22.16 | 0 komentar | Read More

Stocks little changed as caution remains

Click the chart for more markets data NEW YORK (CNNMoney) Investors are bracing themselves for Sunday's referendum in Crimea, where voters will decide whether to break away from Ukraine and join Russia. Ukraine and the West have described the...

22.16 | 0 komentar | Read More

Starbucks' app to allow barista tips

Starbucks' new app allows customers to make digital tips for the first time. NEW YORK (CNNMoney) The new version of the app, due out March 19, will give customers a choice between no tip, 50 cents, $1 or $2 when checking out. They can add the...

22.17 | 0 komentar | Read More

Big Wall Street bonuses are back

Wall Street bonuses jumped 15% from last year to their highest levels since 2007. NEW YORK (CNNMoney) The average bonus per employee in New York City's financial services industry grew by 15% to over $164,000 last year, according to a report...

22.17 | 0 komentar | Read More

4 reasons Russia will keep gas flowing

Germany, Turkey and Poland were the biggest importers of Russian gas in Europe in 2013, according to Gazprom. Russian gas imports account for about 44% of Germany's annual consumption. LONDON (CNNMoney) Moscow last interrupted exports to Ukraine...

22.17 | 0 komentar | Read More

Once bankrupt, Vallejo still can't afford its pricey pensions

The Vallejo police force, shown at a crime scene last year, remains "woefully understaffed" several years after bankruptcy, according to City Manager Dan Keen. NEW YORK (CNNMoney) The main culprit: Ballooning pension costs, which will hit more...

22.17 | 0 komentar | Read More

Fixing the holes in your 401(k)

Employer-sponsored retirement plans are getting better, but they've still got plenty of holes. Here's how to plug them. NEW YORK (Money Magazine) Still, shortcomings remain. And some of the fixes that have improved the overall system may actually...

22.17 | 0 komentar | Read More

Invest $1 million, try for a U.S. green card

NEW YORK (CNNMoney) Patel is here on an investor immigrant visa -- a controversial program that gives a green card to any foreigner who invests at least $500,000 and creates 10 jobs in the United States. Next March, he'll have to go before immigration...

22.17 | 0 komentar | Read More