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...

22.17 | 0 komentar | Read More

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...

22.17 | 0 komentar | Read More

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...

22.17 | 0 komentar | Read More

Secret message app Wickr moves to Wall Street

NEW YORK (CNNMoney) Wickr is one of them. It's a free app that offers self-destructing, encrypted messages. But its founder, Nico Sell, sees vast and untapped potential in the finance industry. To her, Wickr is more than a cross between WhatsApp and...

22.16 | 0 komentar | Read More

Meet Google's futurist-in-chief

SAN FRANCISCO (CNNMoney) Kurzweil appeared before a standing-room only crowd at Google's annual software developer conference on Wednesday to discuss his work for the search giant. He's currently leading a team that's trying to develop artificial...

22.16 | 0 komentar | Read More

Stocks flat in sleepy summer Friday trading

NEW YORK (CNNMoney) The Dow Jones Industrial Average, S&P 500 and Nasdaq are flat . The Dow and S&P are a tad lower while the Nasdaq is slightly higher. But there are still many high-profile companies making news. Here's what you need to...

22.16 | 0 komentar | Read More

Stocks: Media hot after Aereo ruling

NEW YORK (CNNMoney) Here's what you need to know: 1. Stocks on the rise: The Dow and S&P 500 are up over 0.3%, while the Nasdaq is also climbing over 0.2%. It's a turnaround from Tuesday when the Dow Jones Industrial Average shed 119 points,...

22.17 | 0 komentar | Read More

David Muir to replace Diane Sawyer on "World News"

NEW YORK (CNNMoney) David Muir, the weekend "World News" anchor, will replace her starting September 2. The announcement ends months of speculation about a transition at ABC's anchor desk. In a first-of-its-kind arrangement, Muir will not be the...

22.17 | 0 komentar | Read More

Supreme Court rules against Aereo

NEW YORK (CNNMoney) "Today's decision is a victory for consumers," Paul Clement, the attorney representing the broadcasters, said in a statement. "The Court has sent a clear message that it will uphold the letter and spirit of the law just as Congress...

22.17 | 0 komentar | Read More

Meet the Marxist behind Seattle's wage hike

Seattle City Council member Kshama Sawant wants more cities to adopt her hometown's new $15 minimum wage. SEATTLE (CNNMoney) Now, fresh off Seattle's historic passage of a $15 minimum wage, the self-described Marxist is ready to make it a national...

22.17 | 0 komentar | Read More

Stocks lost in summer doldrums

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average and the S&P 500 both gained about 0.2%, which was enough to push tthe S&P 500 to a new intraday high and the Dow just shy of one. The Nasdaq was up about...

22.17 | 0 komentar | Read More

Home prices jump nearly 11% in April

NEW YORK (CNNMoney) Still, they are 18% below the peak set in July 2006, according to S&P/Case-Shiller. And price gains are slowing. "Although home prices rose in April, the annual gains weakened," says David Blitzer of S&P Dow Jones...

22.17 | 0 komentar | Read More

Aereo's Supreme Court destiny

NEW YORK (CNNMoney) That's obvious now, two years after the streaming TV service came online in New York City and incurred the collective wrath of all the country's major broadcasters. The court's ruling in the copyright infringement case could come...

22.16 | 0 komentar | Read More

No. 2 Republican hates Export-Import bank

NEW YORK (CNNMoney) Rep. Kevin McCarthy told Fox News on Sunday that the private sector can do "what the Ex-Im Bank does." The Export-Import Bank is an 80-year-old federal agency, which provides loans and guarantees to foreign countries so they...

22.16 | 0 komentar | Read More

Iraq, oil price fears spook market

NEW YORK (CNNMoney) The Dow Jones Industrial Average is around 20 points lower in early trading. Many hope this could be the week the Dow cross the 17,000 mark for the first time, but it's not looking promising today. It's largely a psychological...

22.16 | 0 komentar | Read More

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...

22.17 | 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...

22.17 | 0 komentar | Read More

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....

22.17 | 0 komentar | Read More

Smith & Wesson: Americans are buying fewer guns

Smith & Wesson shares run out of ammo as gun enthusiasts slow down the stockpiling. NEW YORK (CNNMoney) Shares of the gunmaker plunged 12% in premarket trading Friday as it dawned on investors that the once high-flying gun industry is coming...

22.17 | 0 komentar | Read More

Is Russia trying to stop Europe fracking?

The head of NATO says Moscow has been trying to obstruct Europe's efforts to develop its own shale gas industry. LONDON (CNNMoney) NATO says Russia is working with activists who are trying to stop shale gas projects that are part of the region's...

22.17 | 0 komentar | Read More

Stocks: Pushing higher on Friday

NEW YORK (CNNMoney) Stocks opened slightly higher, with the S&P 500 opening to a new record high. The Dow Jones Industrial Average is up 30 points (0.18%). It is about 20 points shy of its record. But tech stocks are struggling, especially after...

22.17 | 0 komentar | Read More

New bus companies aim to hack your commute

New bus services are using data from user's smartphones to predict where riders are, and where they want to go. NEW YORK (CNNMoney) New bus services are using data from user's smartphones to predict where riders are, and where they want to go....

22.17 | 0 komentar | Read More

What to expect at Amazon's mystery event

Amazon CEO Jeff Bezos. NEW YORK (CNNMoney) The company is hosting an event near its Seattle headquarters on Wednesday in which CEO Jeff Bezos will unveil a still-unknown product widely suspected to be a high-end smartphone. A smartphone would...

22.17 | 0 komentar | Read More

Hollywood eyes Bowe Bergdahl's story

U.S. soldier Bowe Berghdal returned the the U.S. last week after five years in Taliban captivity NEW YORK (CNNMoney) Bergdahl's "life rights" are "still up for grabs," according to The Hollywood Reporter, one of the entertainment news outlets...

22.17 | 0 komentar | Read More

GM victims' families face tough choices

WASHINGTON (CNNMoney) Natasha Weigel, 18, and friend Amy Rademaker, 15, died from their injuries in October 2006 after their Chevrolet Cobalt hit a tree in St. Croix County, Wis. In coming months, their parents must decide what they want from General...

22.17 | 0 komentar | Read More

Alibaba grows 39%, but is that good enough?

NEW YORK (CNNMoney) The sprawling Internet company's robust revenue growth appears to have hit a speed bump in the first three months of 2014, according to amended documents filed Monday with the Securities and Exchange Commission. Alibaba said...

22.17 | 0 komentar | Read More

Stocks up. Investors shake off Iraq jitters

Click image for more market data. NEW YORK (CNNMoney) Here are the four things you need to know: 1. Stocks move beyond Iraq jitters: The Dow Jones industrial average, S&P 500 and Nasdaq indexes are now trading slightly higher, with the...

22.17 | 0 komentar | Read More

Jetblue's answer to first class

NEW YORK (CNNMoney) That's what Jetblue is hoping to sell to its customers starting Sunday, when the airline launches a new service called "Mint." It will begin with only the New York to Los Angeles route, and will offer the kind of amenities usually...

22.17 | 0 komentar | Read More

The death of U.S. savings bonds

NEW YORK (CNNMoney) Americans bought over 40 million of the most popular savings bonds in 2000. Last year, the U.S. sold a mere 400,000 of them. They were often given to students, newly married couples or anyone having a birthday. It was akin...

22.17 | 0 komentar | Read More

Costa Rica aims to win World Cup ad game

NEW YORK (CNNMoney) Many experts, including Goldman Sachs, predict Costa Rica (and the U.S.) won't make it out of the first round, but the Central American nation has it sights on another goal: Winning the World Cup ad game. "Essential Costa...

22.17 | 0 komentar | Read More