Stocks open lower after Tuesday's record highs

NEW YORK (CNNMoney) Here are the key things to keep your eye on throughout the trading day: Not looking good for more record highs today: The S&P 500 hit a record high on Tuesday of 1,911.9. Investors are watching to see if the five-year bull...

22.17 | 0 komentar | Read More

Square's cash advance: Don't call it a loan

NEW YORK (CNNMoney) On Wednesday, the company announced Square Capital. The new service will provide small businesses quick access to cash. Square, a brainchild of Twitter (TWTR) co-founder Jack Dorsey, is not calling the program a lending service....

22.17 | 0 komentar | Read More

Two died in 2006 Cobalt crash. But GM counts only one

The death of Natasha Weigel, who was in the backseat of a GM Cobalt that crashed in 2006, is not counted among the 13 fatalities stemming from an ignition switch failure. WASHINGTON (CNNMoney) Amy was sitting in the passenger seat in the front....

22.17 | 0 komentar | Read More

Tech stocks are back. Forget that Spring sell-off

The Nasdaq has rebounded in May and is currently up 1.7%. Click the chart for more stock info. NEW YORK (CNNMoney) The truncated week will also mark the end of a dramatic month for stocks. Nasdaq rallies in May Investors traditionally unload...

22.16 | 0 komentar | Read More

I sold my startup to Cisco. Here's why

Dov Yoran, CEO and co-founder of ThreatGRID, talks about why he sold his company to Cisco Systems. NEW YORK (CNNMoney) Yoran had grown accustomed to refusing countless tech companies and investors who wanted a piece of his firm's sophisticated...

22.16 | 0 komentar | Read More

GM faulty ignition crashes now 47

This is the 57-cent part at the center of GM's recall crisis. NEW YORK (CNNMoney) GM (GM, Fortune 500) has raised the number of frontal-impact crashes linked to the problem ignitions to 47 from 32, according to company spokesman Greg Martin....

22.16 | 0 komentar | Read More

Federal workers owe IRS the $3.3 billion

When it comes to unpaid taxes, Treasury Department employees have the lowest tax delinquency rate among all federal departments. NEW YORK (CNNMoney) The IRS released data this week showing that roughly 3.3% of federal employees and retirees owed...

22.17 | 0 komentar | Read More

Seinfeld's 'Comedians in Cars' adding 24 new episodes

Seinfeld's 'Comedians in Cars Getting Coffee' premiers June 19 and now has a sponsor for the next four seasons. Click the image for a gallery of some of the cars, and stars, that have appeared on the show so far. NEW YORK (CNNMoney) This will...

22.17 | 0 komentar | Read More

I sold my startup to Cisco. Here's why

Dov Yoran, CEO and co-founder of ThreatGRID, talks about why he sold his company to Cisco Systems. NEW YORK (CNNMoney) Yoran had grown accustomed to refusing countless tech companies and investors who wanted a piece of his firm's sophisticated...

22.17 | 0 komentar | Read More

Stocks up as Best Buy, Dollar Tree jump

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average, the S&P 500 and the Nasdaq were up, but barely in morning trading. Most of the action was in the retail sector, where a number of big names reported quarterly...

22.16 | 0 komentar | Read More

Mortgage rates fall - lowest since October

NEW YORK (CNNMoney) The average rate for a 30-year, fixed-rate loan fell to 4.14% from 4.2% last week, Freddie Mac said Thursday. Interest rates have been pushed down as investors, skittish about the economy, have abandoned stocks for U.S. Treasuries,...

22.16 | 0 komentar | Read More

Robots will replace fast-food workers

Protesters rally outside McDonald's corporate headquarters in Oak Brook, Ill., on Wednesday to demand higher wages for workers. NEW YORK (CNNMoney) Restaurant industry backers warn that a sharp rise in wages would be counterproductive, increasing...

22.16 | 0 komentar | Read More

Stocks rebound as Dow jumps 125 points

NEW YORK (CNNMoney) The Dow Jones Industrials average is up more than 100 points in early trading, and S&P 500 and Nasdaq composite indexes are both up more than 0.5%. The big news of the morning is retail stocks. Despite releasing earnings...

22.17 | 0 komentar | Read More

New Surface: Good PC, but no iPad killer

NEW YORK (CNNMoney) Not yet. But Microsoft (MSFT, Fortune 500) is really close. For the uninitiated, the Surface Pro is a full-fledged PC masquerading as a tablet. Call it a laplet. Or maybe a tabtop? The Surface has several unique features, such...

22.17 | 0 komentar | Read More

EBay customers must reset passwords after major hack

NEW YORK (CNNMoney) Criminals now have possession of eBay (EBAY, Fortune 500) customer names, account passwords, email addresses, physical addresses, phone numbers and birth dates. The company said the passwords were encrypted, but there's no telling...

22.17 | 0 komentar | Read More

How AT&T got busted up and pieced back together

Click on the image to see the full chart. NEW YORK (CNNMoney) To tear down a nationwide monopoly, the American Telephone and Telegraph Company was forcibly split into "Baby Bells" in 1984. But most of those have since joined forces once again,...

22.17 | 0 komentar | Read More

Low wage, health activists prepare McDonald's attack

A recent protest of fast food workers outside a McDonald's restaurant in California. NEW YORK (CNNMoney) Activists want to put the brakes on CEO Don Thompson's multimillion dollar pay package. Health advocates are petitioning LeBron James to...

22.17 | 0 komentar | Read More

Stocks dip as Staples, Dick's tumble

NEW YORK (CNNMoney) U.S. stocks kicked off the day slightly lower as Staples, Dick's Sporting Goods and other retailers slump on lackluster earnings reports. People aren't buy these stores' goods or stocks. The Dow Jones industrial average, S&P...

22.17 | 0 komentar | Read More

What AT&T-DirecTV deal means for consumers

NEW YORK (CNNMoney) Sunday's deal announcement stirred enthusiasm, opposition and above all else curiosity about what the combination of AT&T (T, Fortune 500) and DirecTV (DTV, Fortune 500) could look like. The House Judiciary Committee immediately...

22.16 | 0 komentar | Read More

Rogue trader's long walk to prison

Former Societe Generale trader Jérôme Kerviel gained a following of fans as he trekked from Rome back to France to serve a three-year prison sentence. LONDON (CNNMoney) Jérôme Kerviel, whose actions nearly destroyed Societe Generale (SCGLF) in...

22.16 | 0 komentar | Read More

Abramson breaks silence about NYT firing

Jill Abramson gave the commencement address at Wake Forest Monday, her first remarks since being fired by The New York Times. NEW YORK (CNNMoney) Abramson spoke for the first time about her abrupt dismissal during a commencement address at Wake...

22.16 | 0 komentar | Read More

AT&T poised to acquire DirecTV

NEW YORK (CNNMoney) The boards of the two companies were meeting on Sunday to approve the plan, according to a person with direct knowledge of the meetings. The deal could be announced as soon as Sunday afternoon. The combination of AT&T (T,...

22.17 | 0 komentar | Read More

'Deathtrap' on GM's naughty words list

GM warned employees to not use these words and phrases in memos. NEW YORK (CNNMoney) Those are a few of the words that General Motors asked its employees to avoid using in their internal communications. A lengthy list of unacceptable terms...

22.17 | 0 komentar | Read More

Will Target's problems get worse?

Target's first earnings report since its CEO stepped down will be closely watched. NEW YORK (CNNMoney) You can't blame Target (TGT, Fortune 500) investors for being nervous heading into this earnings report, which is on tap for Wednesday morning....

22.17 | 0 komentar | Read More

Make your desk impress

(Money Magazine) Appearance matters -- and in the corporate world, that applies to your desktop as much as your dress attire. "Your space speaks to your work mentality, creativity, and organizational skills," says Sam Gosling, a psychology professor...

22.17 | 0 komentar | Read More

When getting a reverse mortgage makes sense

New rules could make reverse mortgages safer. (Money Magazine) The reverse mortgage has long been viewed as a last resort for older Americans with home equity but little cash. Now it's poised to become a mainstream financial strategy -- at least...

22.17 | 0 komentar | Read More

'Deathtrap' on GM's naughty words list

GM warned employees to not use these words and phrases in memos. NEW YORK (CNNMoney) Those are a few of the words that General Motors asked its employees to avoid using in their internal communications. A lengthy list of unacceptable terms...

22.17 | 0 komentar | Read More

Wall Street's issue? It's white, male, middle aged

Sallie Krawcheck spent more than 20 years on Wall Street, working her way to the top. Now she runs 85 Broads, a female business networking group. NEW YORK (CNNMoney) After struggling for weeks on a particularly tricky analysis of investment bank...

22.16 | 0 komentar | Read More