Industry News

FCC appeals indecency rule strike-down

CNN Financial News Thu, 08/26/2010 - 17:52
The Federal Communications Commission asked a Federal appeals court to reconsider a recent decision that struck down its longstanding indecency policy.

Stocks slump on slowdown fears

CNN Financial News Thu, 08/26/2010 - 17:24
Stocks slipped Thursday, erasing earlier gains as worries about a sputtering economy overshadowed a better-than-expected report on jobless claims.

Flight attendants union sues Delta

CNN Financial News Thu, 08/26/2010 - 17:19
The Association of Flight Attendants is suing Delta Air Lines for allegedly breaching the terms of a bargaining agreement with over 7,000 former Northwest Airlines flight attendants.

HP again outbids Dell for 3PAR

CNN Financial News Thu, 08/26/2010 - 16:38
Hewlett-Packard once again raised its offer for storage company 3PAR on Thursday, outbidding Dell's revised deal made earlier in the day.

Big Oil ticked off at new money law

CNN Financial News Thu, 08/26/2010 - 16:02
A new law requiring oil companies to disclose all payments made to governments has sparked a sharp debate, with Big Oil saying it will put it at a big competitive disadvantage.

Bush tax cuts: Republicans stretch the truth

CNN Financial News Thu, 08/26/2010 - 15:52
Howard Gleckman is a resident fellow at the Urban Institute and editor of TaxVox, the blog of the nonpartisan research organization Tax Policy Center. The opinions expressed in this commentary are solely those of the writer.

Oil: 'We've already priced in the bad news'

CNN Financial News Thu, 08/26/2010 - 15:29
Oil plummeted to $70 a barrel earlier this week after a raft of negative economic reports, but prices were drifting higher by Thursday as investors got accustomed to bad news.

FAA hits American Airlines with biggest fine ever

CNN Financial News Thu, 08/26/2010 - 15:22
Federal aviation regulators slapped American Airlines on Thursday with the largest fine in history, charging that the carrier made thousands of unsafe flights.

Toyota recalls 1.33 million Corollas

CNN Financial News Thu, 08/26/2010 - 14:25
Toyota Motor Corp. said it was recalling 1.33 million Corolla and Corolla Matrix vehicles on Thursday, citing problems in engines' electronic control units that have allegedly led to three accidents.

Economy slowing to a crawl -- or a halt?

CNN Financial News Thu, 08/26/2010 - 13:44
The economy is losing momentum. You know it. I know it. Federal Reserve chairman Ben Bernanke knows it.

American job creation 101: stop fretting over Chinese investment

CNN Financial News Thu, 08/26/2010 - 13:38
Last week, eight senators rallied a call to scrutinize one of China's biggest telecommunications equipment manufacturers, Huawei Technologies. Company executives are bidding to sell equipment to Sprint Nextel in the United States, but in an Aug. 18 letter to top Obama administration officials, senators asked for a deeper look into the deal in the name of national security.

Fewer mortgages are in default

CNN Financial News Thu, 08/26/2010 - 13:31
Fewer mortgage borrowers are delinquent on their loan payments, according to the latest data from the Mortgage Bankers Association.

Negotiate a home exchange for your vacation

CNN Financial News Thu, 08/26/2010 - 13:28
Yikes! There's a stranger in my house!

J&J unit recalls 93,000 hip implant systems

CNN Financial News Thu, 08/26/2010 - 12:39
Johnson and Johnson unit DePuy Orthopaedics, already in hot water with government regulators, issued a global recall Thursday of two hip aid systems after finding that more people than expected suffered pain which required additional surgery.

Say goodbye to the McMansion

CNN Financial News Thu, 08/26/2010 - 12:33
The American home is shrinking. Toll the bell for the McMansion.

A CEO always ahead of his time

CNN Financial News Thu, 08/26/2010 - 12:28
Mike McCue has spent a lifetime -- he skipped college and went to work for IBM straight out of high school -- making technology do things the world might not be ready to embrace. In 1989, years before the web took off, he founded Paper Software, which evolved into a browser company. It was acquired by Netscape. In 1999 he launched TellMe, a seemingly futuristic voice-recognition service that lets consumers verbally ask a question (instead of say, typing in a search query) of their smartphone. The service then searches a huge database and delivers the answers in the form of a text message or audio reply. McCue's system, a pioneering combination of supercomputing and the telephone, became the standard for "voice browsers." He sold that company to Microsoft in 2007 for an estimated $800 million.

6 steps to improve your credit score

CNN Financial News Thu, 08/26/2010 - 11:31
Ready to embark on the quest for an 800 credit score?

Retirement: What's your magic number?

CNN Financial News Thu, 08/26/2010 - 11:07
Question: Everyone talks about 'the number,' but what does it tell you? -- ROBERT C., Los Gatos, Calif.

Ford to expand presence in Asia

CNN Financial News Thu, 08/26/2010 - 10:33
Ford Motor Co. announced on Thursday that it will ramp up its presence in the fast-growing Asian and African markets.

Jobless claims slide more than expected

CNN Financial News Thu, 08/26/2010 - 09:53
The number of first-time filers for unemployment insurance fell more than expected last week, according to a weekly government report released Thursday.
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