Wall Street bracing for volume surge

U.S. financial markets will reopen Wednesday, after being shuttered for two days to deal with the devastating impact of Superstorm Sandy. NEW YORK (CNNMoney) -- Trading volume is expected to surge when U.S. financial markets reopen Wednesday, two...

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A new type of 401(k): No fund picking allowed

With a managed 401(k), you can leave investing decisions to the experts. (Money Magazine) -- The 401(k) is the best tool you have to save for retirement, but it can be an awfully clumsy one. In a typical plan, your employer essentially hands you...

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Disney to buy Lucasfilm for $4 billion

Lucasfilm founder George Lucas, creator of Star Wars, is selling his company to Disney for $4 billion. NEW YORK (CNNMoney) -- The Walt Disney Company agreed Tuesday to buy Lucasfilm in a stock-and-cash deal valued at $4 billion. The deal will make...

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Wall Street bracing for volume surge

U.S. financial markets will reopen Wednesday, after being shuttered for two days to deal with the devastating impact of Superstorm Sandy. NEW YORK (CNNMoney) -- Trading volume is expected to surge when U.S. financial markets reopen Wednesday, two...

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A new type of 401(k): No fund picking allowed

With a managed 401(k), you can leave investing decisions to the experts. (Money Magazine) -- The 401(k) is the best tool you have to save for retirement, but it can be an awfully clumsy one. In a typical plan, your employer essentially hands you...

19.33 | 0 komentar | Read More

Disney to buy Lucasfilm for $4 billion

Lucasfilm founder George Lucas, creator of Star Wars, is selling his company to Disney for $4 billion. NEW YORK (CNNMoney) -- The Walt Disney Company agreed Tuesday to buy Lucasfilm in a stock-and-cash deal valued at $4 billion. The deal will make...

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Sandy knocks out HuffPo, BuzzFeed and Gawker

NEW YORK (CNNMoney) -- A number of popular websites went down late Monday after Superstorm Sandy took out a major Internet service provider. The Huffington Post, Gawker and many other sites were unreachable after Datagram, a New York-based provider...

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Home prices rise for fifth month in a row

NEW YORK (CNNMoney) -- The housing market picked up more momentum in August, as the average home price for 20 major cities jumped 0.9%, according to the S&P/Case-Shiller home price index The increase marked the fifth consecutive month of gains for...

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East Coast Netflix viewing doubles during Sandy

With schools, workplaces and public transportation closed Monday in many East Coast cities, some residents who still had power turned to Netflix. NEW YORK (CNNMoney) -- As Hurricane Sandy barreled toward the East Coast on Monday, some of those cooped...

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UBS to cut 10,000 jobs

Zurich-based UBS said Tuesday it was cutting 10,000 jobs. HONG KONG (CNNMoney) -- Swiss bank UBS said Tuesday it intends to slash 10,000 jobs as the firm pares back its investment banking arm. The restructuring will save the bank more than $3.6 billion...

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Transit 'disaster' in NYC

A man walks past a subway station entrance in lower Manhattan. NEW YORK (CNNMoney) -- Parts of the world's financial capital awoke Tuesday in the dark and without public transportation after a massive storm flooded tunnels, forced the closure of bridges...

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Ford posts $1.6 billion profit despite European losses

One of three European Ford plants slated for closure. But Ford still reported an overall profit of $1.6 billion despite mounting losses in Europe. NEW YORK (CNNMoney) -- Ford Motor reported earnings remained steady from a year ago as strong results...

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Top U.S. supercomputer guns for fastest in world

NEW YORK (CNNMoney) -- A new kind of global arms race is unfolding -- and this one is measured in petaflops. Titan, the U.S. Department of Energy's top open science computer, is going live on Monday with an upgrade that will likely make it the fastest...

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Protect against a commodities meltdown

A rural worker collects Arabica coffee beans at a farm in the state of Minas Gerais, Brazil. (Money Magazine) -- Booming growth in developing markets, coupled with inflationary money-printing in the U.S. and Europe, helped fuel a bull market in...

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Penguin and Random House in publishing merger

Bertelsmann, the Germany-based parent company of Random House, will own 53% of the new venture with Penguin. HONG KONG (CNNMoney) -- Penguin and Random House, two major publishers, said Monday they intend to combine operations. The merger announcement...

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Top U.S. supercomputer guns for fastest in world

NEW YORK (CNNMoney) -- A new kind of global arms race is unfolding -- and this one is measured in petaflops. Titan, the U.S. Department of Energy's top open science computer, is going live on Monday with an upgrade that will likely make it the fastest...

19.33 | 0 komentar | Read More

Protect against a commodities meltdown

A rural worker collects Arabica coffee beans at a farm in the state of Minas Gerais, Brazil. (Money Magazine) -- Booming growth in developing markets, coupled with inflationary money-printing in the U.S. and Europe, helped fuel a bull market in...

19.33 | 0 komentar | Read More

Penguin and Random House in publishing merger

Bertelsmann, the Germany-based parent company of Random House, will own 53% of the new venture with Penguin. HONG KONG (CNNMoney) -- Penguin and Random House, two major publishers, said Monday they intend to combine operations. The merger announcement...

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9 more banks under scrutiny in Libor investigation

NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter. New York state Attorney General Eric Schneiderman...

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Rajaratnam associate to pay SEC insider fine

Another associate of Raj Rajaratnam has been charged with insider trading by the Securities and Exchange Commission. NEW YORK (CNNMoney) -- The Securities and Exchange Commission says that a former chief financial officer of Xilinx Inc. has agreed...

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Do I need to invest in stocks for retirement?

NEW YORK (CNNMoney) -- Can I skip investing in stocks altogether during retirement if I have saved a lot? -- Andrew C., Florida After seeing stocks plummet almost 60% between late 2007 and early 2009, I understand why you may want to avoid them. And...

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9 more banks under scrutiny in Libor investigation

NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter. New York state Attorney General Eric Schneiderman...

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Rajaratnam associate to pay SEC insider fine

Another associate of Raj Rajaratnam has been charged with insider trading by the Securities and Exchange Commission. NEW YORK (CNNMoney) -- The Securities and Exchange Commission says that a former chief financial officer of Xilinx Inc. has agreed...

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