Industry News
Obama vs. Reagan: A tale of two recoveries
Faced with a strong jobs report Friday, Republicans tried out a new rhetorical message: This isn't a disaster, but Ronald Reagan could have done better.
Categories: Industry News
Citi wins OK for Chinese credit card
Citibank won approval to issue its own credit card in China, making it the first non-Asian bank to enter that market.
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Greece on the brink
Officials in Greece were under pressure Monday to agree on the terms of a new bailout package, as the threat of a default hangs over the country.
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Verizon and Redbox team up to battle Netflix
Verizon and DVD kiosk company Redbox said Monday that they're teaming up on a streaming video partnership, a move that puts Netflix squarely in their crosshairs.
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Goldman's Blankfein endorses same-sex marriage
Goldman Sachs CEO Lloyd Blankfein has recorded a commercial endorsing the right to same-sex marriage, becoming one of the highest profile corporate executives to weigh in on the controversial campaign.
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Stocks edge lower amid Greece jitters
U.S. stocks fell at Monday's open, as investors anxiously await a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default.
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House bill bans welfare spending at strip clubs
If welfare recipients want to dole out the dollar bills at a strip club, they'd better make sure it's not government money ... at least if a bill in Congress becomes law.
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Stocks: All eyes on Greece
U.S. stocks were set for a weak open Monday, as investors anxiously await Greek government leaders to reach an agreement on more budget cuts that are key to securing a second bailout and avoiding default in Greece.
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Ford calls foul on Chevy Super Bowl ad
General Motors ignored a request from Ford Motor Co. and ran a humorous Chevrolet truck ad during the Super Bowl that takes a slap at Ford.
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Chrysler is king of the Super Bowl spots
Once again, Chrysler's Super Bowl ad won the hearts and minds of football fans, this time with a little help from Clint Eastwood and, of course, Detroit.
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Stocks: Let the good times roll?
Stocks surged last week to their highest levels in years, but there are few key economic reports slated for the week ahead to sustain the rally.
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Disney employees now allowed to grow beards
Mickey Mouse can finally grow that goatee he's always wanted. Until now, Disney parks and resort employees had been prohibited from growing beards and goatees. Starting Friday they may do so, so long as they're a quarter-inch or shorter.
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Beat stress for less
This year the end of the holidays probably didn't bring the usual stress relief; there are still worries about unemployment, a flailing housing market, and a volatile stock market, all of which may be taking a toll on your health.
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Micron CEO Steve Appleton dies in plane crash
Micron CEO and chairman Steve Appleton died Friday morning in a small-plane crash in Boise.
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New York sues banks over foreclosures
The New York attorney general sued some of the nation's biggest banks on Friday, accusing them of unlawful and deceptive practices for relying on a private electronic registry that tracks mortgages.
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Big drop in unemployment rate for blacks
The unemployment rate for blacks fell more than 2 percentage points last month to its lowest level since March 2009.
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Facebook IPO shrinks private trading market
Facebook has played a big role in the private trading markets that allow eligible investors the chance to snap up shares of hot Internet companies years before they go public.
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Dow at nearly 4-year high after 'monster' jobs report
U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.
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Stealth jobs boom: 6 months, 2 million jobs
Companies are saying the job market is getting better. Workers are saying it's already kicked into high gear.
Categories: Industry News
Place your bets on Facebook's IPO -- literally
Facebook has finally filed for an IPO, but it likely won't start trading for months. For those who can't wait to gamble on the stock market, bookies are accepting bets.
Categories: Industry News