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Regulator calls out student loan industry

Written By limadu on Kamis, 30 Oktober 2014 | 14.45

Graduates cheer during the Bowie State University graduation ceremony in May 2013. NEW YORK (CNNMoney) The report, which doesn't name any individual companies that collect on the $1.2 trillion in student debt, was compiled between March and June...
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Samsung profit plunges 60% amid smartphone troubles

HONG KONG (CNNMoney) The South Korea-based firm posted operating profit of 4.1 trillion won ($3.9 billion) for the third quarter -- a 60% decline from the previous year. Third quarter sales were also lower than the previous year, falling nearly...
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Ballmer: Clippers' opener is a 'product launch'

Laguna Beach, Calif. (CNNMoney) Steve Ballmer, the former CEO of Microsoft, (MSFT, Tech30) is finding that owning a basketball team isn't so different from running a tech company. Ballmer bought the Los Angeles Clippers in August for a record $2...
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Madison Square Garden to explore split

Written By limadu on Selasa, 28 Oktober 2014 | 14.44

HONG KONG (CNNMoney) The sports and media operation would include the NBA's New York Knicks and the NHL's New York Rangers, as well as the MSG television network. The second firm would include MSG's booking, production and venue management operations....
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Jack Ma: I don't shop online

Laguna Beach, Calif. (CNNMoney) "I don't shop online, but my wife buys everything at home," Ma said during an interview at a Wall Street Journal tech conference in Laguna Beach, Calif. on Monday. "We buy sea crabs, fresh crabs, all kinds of things."...
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Tim Cook: Apple Pay signup is 'fantastic'

Laguna Beach, Calif. (CNNMoney) One million people have signed up for Apple Pay in just 72 hours, and the service is already the industry leader in contactless payments, Tim Cook said Monday during an interview at a Wall Street Journal tech conference...
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The Ebola stocks: Effect of an outbreak

Written By limadu on Minggu, 26 Oktober 2014 | 14.44

NEW YORK (CNNMoney) Some people have considered canceling visits to big theme parks and have aired worries about whether airports and public areas are safe zones. It's no wonder that investors are assessing Ebola's impact on the economy. Stocks...
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NYC tabloids keep a straight face on Ebola

NEW YORK (CNNMoney) In the hours before Spencer was diagnosed he had gone bowling, rode the A train and stopped by a meatball shop. But there was not a single pun to be found on New York City newsstands Friday morning. No hysteria and no sensationalism....
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The best time to book your holiday flight is...

NEW YORK (CNNMoney) A new survey shows the lowest prices for domestic airfares are found eight weeks before the departure date, around 19% below the average fare of $496, according to the Airlines Reporting Corporation, a travel industry research...
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The Ebola stocks: Effect of an outbreak

Written By limadu on Sabtu, 25 Oktober 2014 | 14.44

NEW YORK (CNNMoney) Some people have considered canceling visits to big theme parks and have aired worries about whether airports and public areas are safe zones. It's no wonder that investors are assessing Ebola's impact on the economy. Stocks...
14.44 | 0 komentar | Read More

NYC tabloids keep a straight face on Ebola

NEW YORK (CNNMoney) In the hours before Spencer was diagnosed he had gone bowling, rode the A train and stopped by a meatball shop. But there was not a single pun to be found on New York City newsstands Friday morning. No hysteria and no sensationalism....
14.44 | 0 komentar | Read More

The best time to book your holiday flight is...

NEW YORK (CNNMoney) A new survey shows the lowest prices for domestic airfares are found eight weeks before the departure date, around 19% below the average fare of $496, according to the Airlines Reporting Corporation, a travel industry research...
14.44 | 0 komentar | Read More

World Series strikes out with lowest Game 1 ratings in history

Written By limadu on Kamis, 23 Oktober 2014 | 14.44

The ratings for Game 1 of the World Series weren't a home run. NEW YORK (CNNMoney) Tuesday night's opening game of the Major League Baseball World Series brought in 12.1 million viewers for Fox, making it the lowest rated game 1 and the fifth...
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Macau trumps Vegas with $270 minimum bet

The former Portuguese colony of 600,000 people is almost entirely dependent on gambling. HONG KONG (CNNMoney) The city's $45 billion casino industry is now roughly seven times bigger than Vegas, and eye-popping growth has attracted the biggest...
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Oil will tumble to $70 says new 'bond king'

Jeffrey Gundlach is CEO and Chief Investorment Officer of DoubleLine NEWPORT BEACH, CALIFORNIA (CNNMoney) That's the message from Jeffrey Gundlach, the star bond investor who predicts oil will plunge another $10 (it's $80 a barrel now). While...
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Warren Buffett loses $2 billion in two days

Written By limadu on Rabu, 22 Oktober 2014 | 14.44

NEW YORK (CNNMoney) Buffett is known for shunning the quick buck and focusing on the long-term performance of his investments. He'd best not change that this week. His Berkshire Hathaway (BRKB) investment house holds big pieces of Coke and IBM,...
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Will your retirement savings last?

NEW YORK (CNNMoney) The short answer is yes. Although there's no official benchmark for the appropriate margin of safety, I think most advisers would say that an 80% to 90% probability of success is about right for most people. Fall below 80% and...
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Joseph Weisenthal leaves Business Insider to join Bloomberg

NEW YORK (CNNMoney) The move is surprising considering that Weisenthal was one of the first members of Business Insider and is a prominent part of the site's newsroom and operations. It also comes during a hiring spree and new strategy at Bloomberg,...
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Total CEO dies in plane crash

Written By limadu on Selasa, 21 Oktober 2014 | 14.44

HONG KONG (CNNMoney) De Margerie and three crew members were found dead at the scene of the accident, after the aircraft collided with a snow removal machine. "The thoughts of the management and employees of the Group go out to Christophe de...
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Media habits of liberals, conservatives: 'different worlds'

Conservatives trust Fox News more than other outlets, but liberals don't. NEW YORK (CNNMoney) It's because "when it comes to getting news about politics and government, liberals and conservatives inhabit different worlds," according to a Pew...
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Hong Kong leader warns poor would dominate a free vote

HONG KONG (CNNMoney) The remarks by Chief Executive C.Y. Leung came in his first interview with foreign media since protests erupted late last month, led by student groups demanding the right to vote for any candidate of their choosing -- not only...
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Nightmare on Wall Street: Is it over?

Written By limadu on Senin, 20 Oktober 2014 | 14.44

NEW YORK (CNNMoney) Frightening plot twists like plunging oil prices and the Ebola outbreak teamed up with ghosts from the past (Greece, deflation jitters in Europe) to create a toxic mix of market scares. Last week even featured a few quasi-heroes...
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One property insurance claim can hike your premiums by hundreds

NEW YORK (CNNMoney) On average, filing a single claim -- for anything ranging from a stolen bicycle to tornado damage -- will result in your monthly premium being raised by 9%, according to a report released by InsuranceQuotes.com. File a second...
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Debt-laden 'zombie' firms threaten China's economy

HONG KONG (CNNMoney) After expanding at a lightning-fast rate, China's corporate debt market is now the world's largest at $14.2 trillion, according to Standard and Poor's. Experts worry that too many of the loans have gone to underperforming...
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For $65 million, you can buy Miami's most expensive home

Written By limadu on Minggu, 19 Oktober 2014 | 14.45

Miami's most expensive home for sale has a graceful, Mediterranean style. NEW YORK (CNNMoney) Called La Brisa (The Breeze), the Coconut Grove compound sits on 6.9 acres, with more than 200 feet of waterfront property along Biscayne Bay. The...
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Moody's downgrades Russia's debt

NEW YORK (CNNMoney) Moody's downgraded the country's debt by one notch Friday, citing the ongoing conflict in Ukraine, capital flight and falling oil prices. The debt rating is now Baa2, just two notches above "junk" status. Ongoing tensions with...
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Audi driverless car to hit 150 mph

NEW YORK (CNNMoney) The RS7 Piloted Driving Concept will attempt to lap the Hockenheimring racetrack in Germany at high speeds on Sunday using only computers and sensors to guide it. Audi and other automakers have previously shown off automated...
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For $65 million, you can buy Miami's most expensive home

Written By limadu on Sabtu, 18 Oktober 2014 | 14.44

Miami's most expensive home for sale has a graceful, Mediterranean style. NEW YORK (CNNMoney) Called La Brisa (The Breeze), the Coconut Grove compound sits on 6.9 acres, with more than 200 feet of waterfront property along Biscayne Bay. The...
14.44 | 0 komentar | Read More
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