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Obamacare deadlines clarified

Written By limadu on Rabu, 30 Oktober 2013 | 14.44

Customers who enroll in coverage by March 31 won't be on the hook for a "shared responsibility payment." NEW YORK (CNNMoney) That's the 2014 deadline to apply for coverage and not face tax penalties under an extension announced late Monday by the...
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Obamacare site has another 'outage'

Marilyn Tavenner, head of the agency overseeing the site, testified at a congressional hearing Tuesday. NEW YORK (CNNMoney) Verizon, which provides some technology services behind HealthCare.gov, said federal officials asked the company to provide...
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What information is the government buying about you?

The federal government can use the salary and pay information provided by The Work Number to determine a person's eligibility for a variety of government benefits. NEW YORK (CNNMoney) Recently, the U.S. government started using a database called...
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Obamacare malfunction shuts down application tool

Written By limadu on Senin, 28 Oktober 2013 | 14.44

Health Secretary Kathleen Sebelius touted the "Hub" as one piece of Obamacare that was working -- one day before it broke. NEW YORK (CNNMoney) Joanne Peters, a spokeswoman for the Department of Health and Human Services, said a vendor networking...
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New York will stockpile gas to prevent storm outages

Lines outside some gas stations stretched for miles. NEW YORK (CNNMoney) Gov. Andrew Cuomo on Saturday announced the state would create a Strategic Gasoline Reserve -- a $10 million pilot program that includes tanks for the fuel on Long Island....
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This could be the largest Fed stimulus yet

NEW YORK (CNNMoney) The Fed was expected to wind down its third round of quantitative easing, known as QE3, at the end of this year. But most predictions are now well into 2014, with some as far out as June. Economists largely believe the government...
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United fined $1.1 million over Chicago delays

Written By limadu on Minggu, 27 Oktober 2013 | 14.44

Passengers were stuck on planes for stretches ranging from just over three hours to nearly four-and-a-half hours. NEW YORK (CNNMoney) The DOT said the penalty is the largest for such a violation since a rule limiting long tarmac delays took effect...
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JPMorgan paying $5.1 billion to Fannie, Freddie over mortgages

It's been a rough year for JPMorgan. NEW YORK (CNNMoney) The bank has also been in talks with the Justice Department and other government officials over another potential settlement based on similar claims. That settlement will likely be even more...
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Feds seize $28 million in bitcoins from alleged Silk Road operator

There are currently about 11.9 million bitcoins in circulation, according to the website Blockchain. NEW YORK (CNNMoney) Bitcoin, which allows users to conduct online transactions while obscuring their identities, was the only currency accepted...
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United fined $1.1 million over Chicago delays

Written By limadu on Sabtu, 26 Oktober 2013 | 14.44

Passengers were stuck on planes for stretches ranging from just over three hours to nearly four-and-a-half hours. NEW YORK (CNNMoney) The DOT said the penalty is the largest for such a violation since a rule limiting long tarmac delays took effect...
14.44 | 0 komentar | Read More

JPMorgan paying $5.1 billion to Fannie, Freddie over mortgages

It's been a rough year for JPMorgan. NEW YORK (CNNMoney) The bank has also been in talks with the Justice Department and other government officials over another potential settlement based on similar claims. That settlement will likely be even more...
14.44 | 0 komentar | Read More

Feds seize $28 million in bitcoins from alleged Silk Road operator

There are currently about 11.9 million bitcoins in circulation, according to the website Blockchain. NEW YORK (CNNMoney) Bitcoin, which allows users to conduct online transactions while obscuring their identities, was the only currency accepted...
14.44 | 0 komentar | Read More

Instagram reveals its new ads

Written By limadu on Jumat, 25 Oktober 2013 | 14.44

Instagram is adding a new feature: advertisements. HONG KONG (CNNMoney) The photo-sharing network Instagram on Thursday pulled back the curtain on a sample ad that will appear in users' feeds during the coming week. The ad, which looks much like...
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U.S. lagging behind on gender equality

Women hold 98 of the 535 seats in Congress -- just 18%. That's far fewer than in some other countries, which is one reason why the United States ranks in the middle of the pack on gender equality. NEW YORK (CNNMoney) The U.S. has a larger gender...
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Tesla dodges full investigation after fiery crash

A U.S. auto safety agency has decided not to investigate a Tesla crash. HONG KONG (CNNMoney) The National Highway Traffic Safety Administration said that while it continually reviews vehicle complaints, the crash had not led to the discovery of...
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Countrywide defrauded Fannie and Freddie, jury rules

Written By limadu on Kamis, 24 Oktober 2013 | 14.44

Bank of America acquired Countrywide in 2008. NEW YORK (CNNMoney) A former Countrywide executive, Rebecca Mairone, was also found liable in the case. The Justice Department lawsuit concerned a Countrywide program established in 2007 called the...
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China factories power ahead

HONG KONG (CNNMoney) HSBC said on Thursday that its "flash" measure of sentiment among manufacturing purchasing managers advanced to 50.9 in October, its highest level in seven months. The index is an early gauge of the health of the sector, which...
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BlackBerry's hometown vows to survive

Waterloo's tech scene, which includes startup incubator Communitech and big companies like Desire2Learn, says it has evolved past BlackBerry. NEW YORK (CNNMoney) "We used to pull out 20 extra chairs and squeeze 'em in for busy lunchtimes," said...
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Carl Icahn dumps more than half of his Netflix stake

Written By limadu on Rabu, 23 Oktober 2013 | 14.44

Activist investor Carl Icahn NEW YORK (CNNMoney) A year ago this month, the activist investor directly bought or took out options on 5.5 million Netflix shares, representing a 10% stake in the company. Icahn has now sold off 5.5% of that stake,...
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More banks in the crosshairs after JPM deal

JPMorgan posted a loss for the third quarter as a result of its myriad legal problems. NEW YORK (CNNMoney) The settlement, which has yet to be finalized, relates to mortgage-backed securities sold by JPMorgan and the firms it later purchased, Bear...
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State colleges see smallest tuition hike since 1975

Public university tuition skyrocketed when state governments started reducing taxpayer support for colleges. But now that some states have started to restore funding, price hikes are starting to moderate. NEW YORK (CNNMoney) In-state tuition at...
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Chamber of Commerce: Raise gas tax to fix roads

Written By limadu on Selasa, 22 Oktober 2013 | 14.44

Chamber of Commerce President Thomas Donohue calls for a hike in the federal gas tax to fix roads and bridges. WASHINGTON (CNNMoney) "Twenty years. It's been 20 years since we had an increase in the federal fuel tax. What kind of car were you driving...
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J.C. Penney scales back Martha Stewart partnership

Martha Stewart has provided testimony in the J.C. Penney-Macy's dispute. NEW YORK (CNNMoney) Macy's (M, Fortune 500), J.C. Penney (JCP, Fortune 500) and Martha Stewart Living Omnimedia (MSO) have been locked in a closely watched legal battle over...
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Netflix jumps 10% on robust growth and rosy outlook

Netflix CEO Reed Hastings NEW YORK (CNNMoney) Netflix cynics have been waiting for the company's stock bubble to pop: Netflix shares are up a shocking 440% in the past 12 months, and analysts expected third-quarter earnings nearly to quadruple...
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Stocks: Nothing holding the market back

Written By limadu on Senin, 21 Oktober 2013 | 14.44

The Nasdaq rallied this week. Click the chart for more markets data. NEW YORK (CNNMoney) They'll turn their attention back to the economy and earnings. The September jobs report, delayed by the government shutdown, will finally be released...
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Obamacare website a work in progress, government says

Employees prepare for the Minnesota exchange to open. NEW YORK (CNNMoney) A White House official told CNN President Barack Obama would speak publicly about the site's issues on Monday. He said in a recent interview with an Iowa television station...
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