Industry News

August jobs report: Signs of life for employment

CNN Financial News Fri, 09/03/2010 - 12:08
Business hiring is picking up, but not enough to make up for the massive losses of temporary government jobs.

Mariner Energy shares fall after platform fire

CNN Financial News Fri, 09/03/2010 - 10:24
Shares of Mariner Energy tumbled Thursday after a fire in one of the company's production platforms in the Gulf of Mexico.

Strongest jobs recovery in decades. Seriously

CNN Financial News Fri, 09/03/2010 - 09:42
A jobless recovery? Hardly.

Stock futures pop after jobs report

CNN Financial News Fri, 09/03/2010 - 09:02
Stocks futures jumped Friday after the August employment report showed that employers cut fewer jobs than economists were expecting and added more private-sector jobs than forecast.

Should US government debt be rated junk?

CNN Financial News Fri, 09/03/2010 - 09:01
A few weeks ago, Hedgeye, the investment research firm where I'm a managing director, hosted a conference call for our subscribers that posed the question, "Should U.S. Government Debt Be Rated Junk Status?" Given that debt issued by the U.S. government continues to trade at almost all-time lows in yield, this is a contrarian call to say the least.

Kia recalling fire-prone cars

CNN Financial News Fri, 09/03/2010 - 07:25
Hyundai-Kia Motors is recalling more than 35,000 cars with fire-prone electrical wiring systems, said the National Highway Traffic Safety Administration.

I have $10,000 and four months. Where do I invest?

CNN Financial News Fri, 09/03/2010 - 06:01
Question: I have a budget of $10,000 for a stock simulation I'm doing for a business and personal-finance class. What stocks should I invest in to make the most money in four months? -- Matt

From Detroit, a fix for smog-belching motorcycles

CNN Financial News Fri, 09/03/2010 - 05:48
When Americans debate the impact of fuel emissions on the environment, they usually talk about cars and trucks. But what about smaller vehicles like motorcycles, scooters, lawnmowers and ATVs?

Oil roars into September 'like a lion'

CNN Financial News Thu, 09/02/2010 - 17:58
After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday, and continuing to move higher Thursday following news of an oil platform explosion in the Gulf of Mexico.

Quit whining, Wall Street. Nothing has changed.

CNN Financial News Thu, 09/02/2010 - 17:34
There goes Dan Loeb again, sounding off to great effect. He used to confine himself to criticizing overreaching and overcompensated CEOs, targets we could pretty much all agree on. But the prickly hedge fund manager decided to join the chorus of aggrieved financiers in his latest missive, setting his sights on today's bogeyman of choice: oppressive government.

Stocks drift higher ahead of jobs report

CNN Financial News Thu, 09/02/2010 - 17:00
Stocks pushed higher at the end of a listless session Thursday, extending gains from the previous day, as investors prepare for a critical report on the U.S. job market on Friday.

Treasurys fall on good, but not great, data

CNN Financial News Thu, 09/02/2010 - 16:26
The economic outlook doesn't have to be entirely rosy for investors to shy away from the safety of Treasurys. Sometimes, all it takes is a little news that isn't completely terrible.

5 things you must know about homeowners insurance

CNN Financial News Thu, 09/02/2010 - 15:14
1. Loyalty is overrated

The fading iPod Classic

CNN Financial News Thu, 09/02/2010 - 14:41
The iPod helped Apple rise from the dead in the last decade. But the iPod Classic, the device that jump-started that resurrection, didn't get so much as a mention from Steve Jobs at Apple's iPod event on Wednesday.

Americans in the dark about energy use

CNN Financial News Thu, 09/02/2010 - 13:55
Americans aren't known for their energy-thrift ways. Maybe that's because they have little idea as to how much energy things use.

Back-to-school checklist: Whiter teeth & tattoos

CNN Financial News Thu, 09/02/2010 - 13:34
Shopping for back-to-school "basics" used to mean T-shirts, jeans, socks and some notebooks. This year, parents added a few other things with one item that really stands out: tattoos.

Family insurance costs skyrocket 14%

CNN Financial News Thu, 09/02/2010 - 13:17
American workers are taking yet another blow to their wallets this year -- a whopping 14% jump in costs to insure their families.

Ferrari recalls $230,000 458 Italia supercar

CNN Financial News Thu, 09/02/2010 - 12:06
Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.

Second act: From software to wind energy

CNN Financial News Thu, 09/02/2010 - 12:06
Jim Maguire describes himself as being ahead of his time, and he's hardly bragging. In 2002, Maguire -- who managed software projects for large companies -- was consulting in Germany when he discovered "the next big thing."

How trader Dick morphed into banker CEO Dick Fuld

CNN Financial News Thu, 09/02/2010 - 11:48
The rumors persisted of Lehman Brothers' being taken over again, and it was against such a background that Dick devised his pièce de résistance.
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