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Hackers attack Yahoo Mail accounts

Written By limadu on Jumat, 31 Januari 2014 | 14.44

NEW YORK (CNNMoney) Yahoo (YHOO, Fortune 500) said it recently identified a coordinated effort by hackers who tried to log into many email accounts with stolen usernames and passwords. The note by Yahoo products executive Jay Rossiter did not immediately...
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Chipotle shares sizzle following red-hot quarter

Chipotle says it plans to open between 180 and 195 new restaurants in 2014. NEW YORK (CNNMoney) The burrito chain's stock surged nearly 13% in after-hours trading Thursday following fourth-quarter results showing the company's strong growth continuing....
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GoldieBlox ad makes Super Bowl history

Debbie Sterling's toy startup GoldieBlox becomes the first small business ever to air an ad during the Super Bowl. NEW YORK (CNNMoney) The startup will make Super Bowl history this Sunday by becoming the first small business to have a commercial...
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Obama: 9 million covered by health reform. Well maybe.

Written By limadu on Rabu, 29 Januari 2014 | 14.44

NEW YORK (CNNMoney) Obamacare got a bad rap after the disastrous launch of the federal and state exchanges in October. But enrollment has since improved, but not quite to the level that the president extolled. Obama said Tuesday that more than...
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Obama offers new 'MyRA' retirement accounts

President Obama used his address to proposed a new kind of retirement savings account. WASHINGTON (CNNMoney) Obama is calling them the "MyRA" and said he would, by executive order, direct the Treasury Department to create them. Details were...
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Olympic sponsorship: Is it worth it?

Big companies spend as much as $1 billion on Olympics sponsorship and related marketing. LONDON (CNNMoney) But it's been a bumpy road to the Sochi Games for major sponsors like Coca-Cola (KO, Fortune 500), McDonald's (MCD, Fortune 500) and Visa...
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Emerging markets rattled as anxiety rises

Written By limadu on Senin, 27 Januari 2014 | 14.44

India's rupee has weakened in recent days amid concerns about emerging market economies. HONG KONG (CNNMoney) Asian markets were sharply lower, with benchmark indices in Tokyo and Hong Kong shedding more than 2% as investors looked to move out...
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ATM outage strands U.K. bank customers

NEW YORK (CNNMoney) A Lloyds Banking Group (LLDTF) spokeswoman said the three-hour outage had been resolved but did not know how many customers had been unable to use their cards. Issues with in-store purchases were resolved by 6 p.m. local, and...
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Google snaps up artificial intelligence firm DeepMind

Google is acquiring London-based artificial intelligence firm DeepMind. HONG KONG (CNNMoney) A Google spokesman confirmed the acquisition on Monday, but declined to comment on the purchase price. Tech website Re/code, first to report the news,...
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Michaels stores: Possible data 'attack'

Written By limadu on Minggu, 26 Januari 2014 | 14.44

The country's largest crafts chain said Saturday it learned recently of 'possible fraudulent activity' on some customer payment cards, suggesting there may have been a breach. NEW YORK (CNNMoney) Michaels said Saturday that it learned recently...
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Buckle up! 2014 will be a bumpy ride

BlackRock CEO Laurence Fink: "I hear way too much optimism going forward -- we're going to be in a world of much greater volatility." Davos, Switzerland (CNNMoney) Financial experts at the World Economic Forum in Davos were cautiously optimistic...
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Weather Channel-DirecTV blackout: No end in sight

TV channel owners and distributors usually haggle in private. But the dispute between the Weather Channel and DirecTV underscores how contentious the negotiations can become. NEW YORK (CNNMoney) On Friday, DirecTV Chief Executive Mike White published...
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Sony gets rights to Sandberg's 'Lean In'

Written By limadu on Sabtu, 25 Januari 2014 | 14.44

Sony Pictures has acquired the film rights to Sheryl Sandberg's book "Lean In." NEW YORK (CNNMoney) Sony Pictures confirmed that it has acquired the rights to make the Facebook (FB, Fortune 500) COO's book into a movie. Published in March...
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Nissan spanked over fake dune-climbing ad

NEW YORK (CNNMoney) So Nissan and its advertising agency have entered into a proposed settlement with the Federal Trade Commission over charges of deceptive advertising. Neither Nissan (NSANF) or its advertising agency, TBWA Worldwide, will pay any...
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Sam's Club laying off 2% of workers

Sam's Club will lay off 2% of its workforce. NEW YORK (CNNMoney) That's 2% of the workforce for the wholesale club chain, which has nearly 600 locations in the United States. A little less than half of the employees affected are assistant...
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Jack Lew: U.S. could grow by 3% this year

Written By limadu on Jumat, 24 Januari 2014 | 14.44

Davos, Switzerland (CNNMoney) "We have a good first quarter underway, I believe," Lew said at the World Economic Forum in Davos, Switzerland. Lew was reluctant to make a specific prediction about the rate of expansion this year, but said there...
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Oops! Pentagon didn't actually order 80,000 new BlackBerries

Smartphone maker BlackBerry didn't sell 80,000 new phones to the Pentagon, but the sale of most of its Canadian real estate holdings will help its finances. NEW YORK (CNNMoney) "The Department of Defense is not planning to purchase upwards of...
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Microsoft sales soar 14%

Microsoft shares rise after company reports strong second quarter sales that beat analyst estimates NEW YORK (CNNMoney) The software giant posted solid shipments of the Xbox One, selling 3.9 million of the new game consoles. Microsoft has been...
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China's factories sputter into the new year

Written By limadu on Kamis, 23 Januari 2014 | 14.44

China's factories are growing at a slower pace to start the new year. HONG KONG (CNNMoney) HSBC said that its "flash" measure of sentiment among manufacturing purchasing managers fell to 49.6 in January from 50.5 in December. January's reading...
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Cheerleader sues Oakland Raiders over wages

The Oakland Raiders are facing a potential class action over cheerleader compensation. NEW YORK (CNNMoney) A member of the Raiderettes -- "Football's Fabulous Females" -- filed suit against the Oakland Raiders football team on Wednesday, claiming...
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Buyers flocked to foreclosures last year -- and many paid all cash

The surge in sales of distressed properties comes despite the fact that far fewer Americans lost their homes to foreclosure last year. NEW YORK (CNNMoney) Sales of foreclosed and distressed homes made up 16.2% of all home sales last year, up...
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Opinion: Mobility is the problem, not income inequality

Written By limadu on Rabu, 22 Januari 2014 | 14.44

The problem for the 99% is not that incomes for the top 1% have grown faster than everyone else's, says social policy expert Scott Winship. It's because economic mobility has been stagnant for decades. Washington, D.C. (CNNMoney) Too many families...
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Opinion: Why growing income inequality matters

The concern about growing income inequality is not about begrudging the wealthy their success, says economist Jared Bernstein. The worry is that it is curbing everyone else's economic potential. Washington, D.C. (CNNMoney) First, by giving a...
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Small cars get crushed in crash tests

So far, the Chevrolet Spark is the only car in its size class to earn the Insurance Institute for Highway Safety's Top Safety Pick award. Even so, there is inherently greater risk in a car this small, the Institute said. NEW YORK (CNNMoney) Of...
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Did you get an email from Target? What you need to know

Written By limadu on Selasa, 21 Januari 2014 | 14.44

Target sent emails like the one shown above to millions of customers affected by the breach. Be careful about scammers trying to mimic them. NEW YORK (CNNMoney) Target did indeed do a blast to customers to offer one year of free credit monitoring....
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China's pollution crisis threatens car sales

Pollution controls could put a damper on auto sales growth in China. HONG KONG (CNNMoney) The Chinese government is limiting the number of new vehicle registrations in many major cities this year in hopes of clearing the country's thick, smoggy...
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Many consumers don't know why they're denied credit

Even after reading explanations from lenders, it's still unclear to many consumers why they've been denied credit. NEW YORK (CNNMoney) Under rules that took effect in 2011 through the Dodd-Frank Act, consumers who are declined credit or given...
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Staples' mini post offices draw union ire

Written By limadu on Senin, 20 Januari 2014 | 14.44

NEW YORK (CNNMoney) Workers are concerned the experimental locations -- staffed by Staples (SPLS, Fortune 500) employees, not Postal Service employees -- will lead to the closure of traditional post offices and the loss of jobs with good wages and...
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