Business
Tuesday, 14 May 2013 01:40

Newt Gingrich Wants to Rename the Cellphone

Written by Carmen Cox

Authors: Carmen Cox

Newt Gingrich Wants to Rename the CellphoneScott Eells-Pool/Getty Images(NEW YORK) -- Newt Gingrich is “really puzzled.” No, not about whether he will run for office again -- he’s got fairly clear answers to that -- but about cellphones. Well, not about the devices themselves, he is more puzzled about what to call them now that the devices do much more...

Authors: Carmen Cox

United Airlines to Reintroduce Dreamliner Flights Next WeekDuncan Chard/Bloomberg via Getty Images(HOUSTON) --  Boeing's 787 Dreamliner planes will be taking off again soon.  Following extensive reviews by the FAA and Boeing, which ultimately led to battery system repair and improvement, United Airlines said Monday the company was preparing to reintroduce Dreamliner flights.
"Bo...

Authors: Carmen Cox

Major Retailers Sign Worker Safety Agreement After Bangladesh HorrorMUNIR UZ ZAMAN/AFP/Getty Images(NEW YORK) -- Two of the largest global clothing retailers have signed onto an agreement to make major safety improvements to garment factories in Bangladesh, decisions that come on the heels of a deadly building collapse that killed more than 1,100 workers.

The retail giants, H&M and Inditex,...

Monday, 13 May 2013 17:35

Dow Dips Lower; Retail Spending Up

Written by Carmen Cox

Authors: Carmen Cox

Dow Dips Lower; Retail Spending UpHemera/Thinkstock(NEW YORK) -- Stocks were narrowly mixed at the start of a week loaded with data about the retail sector.
The Dow Jones Industrial Average lost 26.81 points, or 0.2 percent, to close at 15,091.68. The Nasdaq Composite closed the session up just 2.21 points, closing at 3,438.79. The S&P 500 inched up only...

Monday, 13 May 2013 16:08

Amazon Introduces ‘Coins’ Virtual Currency

Written by jc

Authors: jc

Amazon Introduces ‘Coins’ Virtual CurrencyAmazon(SEATTLE) -- If you're a Kindle Fire owner, you now have 500 free Amazon Coins in your pocket. Of course, that probably means nothing to you at the moment, but those 500 Coins can buy you $5 worth of apps and games in Amazon's App Store.
On Monday the e-commerce giant announced Amazon Coins, its own digital currency for Kindle...

Monday, 13 May 2013 13:15

Bloomberg Admits Its Reporters Snooped on Clients

Written by jc

Authors: jc

Bloomberg Admits Its Reporters Snooped on ClientsKeyur Khamar/Bloomberg via Getty Images(NEW YORK) -- News and information company Bloomberg LP is apologizing after admitting its reporters used their access to client account information from its trading terminals to collect information for stories.
Bloomberg News' editor-in-chief, Matthew Winkler, in an editorial early Monday morning,...

Monday, 13 May 2013 11:19

“Consumer Reports' Secret Ways to Save Money

Written by jc

Authors: jc

               “Consumer Reports' Secret Ways to Save MoneyiStockphoto/Thinkstock(NEW YORK) -- The May issue of Consumer Reports features 101 savvy secrets gleaned from the magazine's testers and writers.

Elisabeth Leamy, consumer correspondent for ABC'sGood Morning America, gave her top picks for saving money,...

Authors: Jeanette Torres

When It Comes to Debt, Age May Be a FactorGeorge Doyle/Stockbyte/Thinkstock(NEW YORK) -- How much debt do you have?  The answer could depend on your age.
While most American households have reduced their debt load since it peaked in 2007, recent college graduates face a mountain of student loan debt.
According to the International Monetary Fund, average U.S....

Authors: Jeanette Torres

Penn State Leads List of Highest-Paying Public Universities for PresidentsJustin K. Aller/Getty Images(NEW YORK) -- While former president of Penn State University, Graham Spanier, left the university during the worst scandal it has seen during his 16-year tenure, he was well compensated as the highest-paid public university president last year.
Spanier received a total compensation of $2.9...

Authors: Jeanette Torres

Many Confused by Homeowner's Insurance, Report FindsCreatas/Thinkstock(NEW YORK) -- Most people buy homeowner's insurance to give them piece of mind, but as a new report out Monday finds, many Americans are confused by what it actually covers.
"We know that many people simply have no idea what's in their home insurance policies," says Laura Adams of InsuranceQuotes.com.
For...

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