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Red state, blue state: Where Detroit can (and can't) sell cars

Written By limadu on Kamis, 31 Januari 2013 | 21.29

If the Detroit Three automakers want to survive, they need to look beyond their traditional red state customer base for car sales. (Fortune) But underneath the gauzy good news lies an unpleasant fact. The brands of the Big Three are in danger of...
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AutoNation to become McDonald's of car dealers

Most of AutoNation's 265 car dealerships will now operate under the AutoNation name. NEW YORK (CNNMoney) Currently, AutoNation (AN, Fortune 500) dealerships operate under individual names such as Champion Chevrolet and Dobbs Nissan. This will be...
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Jobless claims bounce higher

NEW YORK (CNNMoney) First-time claims for unemployment benefits rose by 38,000 last week to 368,000, from 330,000 the previous week. Claims have been volatile all month, falling by a whopping 40,000 one week and then two weeks later, rising again...
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A couple's 5-year plan to pay off $93,600 in debt

Larry and Lynn Mantanona, 56 and 54, Fairview, Ore. NEW YORK (Money Magazine) They had no qualms about taking a $12,000 loan for college tuition for Savanah, 22, and borrowing $20,000 for wedding expenses for Chanelle, 28. "We want to do for...
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ANA: Dreamliner trouble costs reach $15 million

LONDON (CNNMoney) ANA, the world's biggest Dreamliner operator with a third of the 50 aircraft delivered so far, said it would seek compensation from Boeing (BA, Fortune 500) once the full extent of the damage is clear. But the carrier said its priority...
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Red state, blue state: Where Detroit can (and can't) sell cars

If the Detroit Three automakers want to survive, they need to look beyond their traditional red state customer base for car sales. (Fortune) But underneath the gauzy good news lies an unpleasant fact. The brands of the Big Three are in danger of...
19.33 | 0 komentar | Read More

Boeing: Dreamliner woes won't hit earnings

Written By limadu on Rabu, 30 Januari 2013 | 21.29

Boeing said it expects no hits to its 2013 financial results from the problems with the Dreamliner. NEW YORK (CNNMoney) The aircraft maker said it still intends to build more than 60 of the Dreamliners this year, which suggests no slower pace than...
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ADP: Private sector adds 192,000 jobs

The private sector added 192,000 jobs in January, according to payroll processing firm ADP. NEW YORK (CNNMoney) Analysts were expecting the private sector to add 175,000 jobs in the month, according to Briefing.com. Small businesses led the...
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U.S. economy contracts for first time since recession

NEW YORK (CNNMoney) Gross domestic product, the broadest measure of the nation's economic growth, contracted at an annual rate of 0.1% from October to December, the Commerce Department said Wednesday. It was the first quarterly contraction since the...
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Get ready to file your taxes

Tax season officially kicks off on Wednesday. NEW YORK (CNNMoney) Wednesday marks the beginning of tax season, when most Americans can submit their returns to Uncle Sam. The IRS had originally planned to kick things off on Jan. 22, but the fiscal...
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Long-term investing: Keep it simple

A low-cost road to long-term investing: Index funds. NEW YORK (Money Magazine) I believe that investors are generally better off when they keep things simple. So for that reason alone, I'd go with index funds. You can make a very nice diversified...
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Toyota recalls 1 million cars in the U.S.

LONDON (CNNMoney) The Japanese carmaker said Wednesday it was recalling more than 1 million vehicles sold in the United States over faulty airbags and windshield wipers. The airbag control issue affects about 752,000 Corolla and Corolla Matrix...
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Microsoft wants you to pay $100 a year for Office

Written By limadu on Selasa, 29 Januari 2013 | 21.29

PowerPoint and other apps are getting a nice refresh in Office 2013, but Microsoft wants you to pay $100 a year for them. NEW YORK (CNNMoney) Starting on Tuesday, Microsoft (MSFT, Fortune 500) will be offering Office as a subscription service for...
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Microsoft Office 2013 review: Nice upgrades, but save your cash

Microsoft's Office 2013 apps, like Excel, finally have a modern design and clean user interface. NEW YORK (CNNMoney) That's why Microsoft has been content to incrementally update Office every couple of years. It makes sure its applications run...
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Home prices post biggest jump in 6 years

NEW YORK (CNNMoney) The latest reading of the closely watched S&P Case-Shiller index is another sign of the growing recovery in the long-battered housing market. The last time prices jumped this much was in August 2006, when the housing bubble...
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Automatic spending cuts more likely now

Republican Paul Ryan, the House budget chairman, and Democrat Patty Murray, who leads the Senate budget panel, have both said that automatic spending cuts set for March 1 may occur. NEW YORK (CNNMoney) The sequester, as it's called, aims to reduce...
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Businesses band together to support gay marriage

The new business coalition seeks to repeal DOMA and extend more than 1,000 federal benefits to same-sex married couples that currently only opposite-sex couples receive. NEW YORK (CNNMoney) The Human Rights Campaign announced the launch of the...
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Philips sells video business to Funai

LONDON (CNNMoney) The Dutch company, established in 1891 to meet the growing demand for light bulbs as electricity became more widely available, announced it was selling its video, audio and multimedia business to Japan's Funai Electric for 150 million...
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Super Bowl alert: Chicken wings will cost you

Written By limadu on Senin, 28 Januari 2013 | 21.29

McDonald's is testing out Mighty Wings in select locations, a move that some experts say is helping to drive up chicken wing prices. NEW YORK (CNNMoney) But what will really hurt your wallet come game day? Chicken wings. Every year, the cost...
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Toyota reclaims global auto sales crown

Final sales numbers confirm that Toyota's 2012 car sales topped those of General Motors and Volkswagen. NEW YORK (CNNMoney) Earlier this month, General Motors (GM, Fortune 500) announced global sales of 9.29 million vehicles for the year. In late...
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Stocks: Caterpillar, durable goods give early lift

Click the chart for more premarket data. NEW YORK (CNNMoney) The Census Bureau said durable goods orders rose 4.6% in December. Analysts were looking orders to rise just 1.6% last month, following a 0.7% uptick in November. Caterpillar's fourth-quarter...
21.29 | 0 komentar | Read More

Super Bowl alert: Chicken wings will cost you

McDonald's is testing out Mighty Wings in select locations, a move that some experts say is helping to drive up chicken wing prices. NEW YORK (CNNMoney) But what will really hurt your wallet come game day? Chicken wings. Every year, the cost...
19.33 | 0 komentar | Read More

Stocks await earnings, economic data

Click the chart for more premarket data. NEW YORK (CNNMoney) Another big week for corporate earnings gets underway, as the construction equipment maker's results are considered an indicator of the health for the global economy. Analysts expect...
19.33 | 0 komentar | Read More

Toyota reclaims global auto sales crown

NEW YORK (CNNMoney) Earlier this month, General Motors (GM, Fortune 500) announced global sales of 9.29 million vehicles for the year. In late December, Toyota Motor (TM) said it expected that global sales for 2012 hit 9.7 million vehicles, and it...
19.33 | 0 komentar | Read More

Boeing keeps building Dreamliners it can't fly

Written By limadu on Minggu, 27 Januari 2013 | 21.29

Boeing hasn't slowed production of its 787 Dreamliner despite the federal probe that has grounded the jet. NEW YORK (CNNMoney) A federal probe into electrical fires has grounded all 50 Boeing 787 Dreamliners around the world. But Boeing has little...
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RIM to advertise BlackBerry 10 during Super Bowl

NEW YORK (CNNMoney) It's RIM's (RIMM) first-ever Super Bowl commercial, and while the company didn't say how much it spent, Super Bowl broadcaster CBS (CBS, Fortune 500) previously told CNNMoney that 30-second spots are going for a record high of...
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China's growth to hit 8% in 2013

Davos, Switzerland (CNNMoney) "I think China's growth rate will be about 8% this year," Yi Gang said during a debate at the World Economic Forum in Davos, Switzerland. He said consumer price inflation could reach 3% or slightly higher. The world's...
21.29 | 0 komentar | Read More

Boeing keeps building Dreamliners it can't fly

Boeing hasn't slowed production of its 787 Dreamliner despite the federal probe that has grounded the jet. NEW YORK (CNNMoney) A federal probe into electrical fires has grounded all 50 Boeing 787 Dreamliners around the world. But Boeing has little...
19.33 | 0 komentar | Read More

RIM to advertise BlackBerry 10 during Super Bowl

NEW YORK (CNNMoney) It's RIM's (RIMM) first-ever Super Bowl commercial, and while the company didn't say how much it spent, Super Bowl broadcaster CBS (CBS, Fortune 500) previously told CNNMoney that 30-second spots are going for a record high of...
19.33 | 0 komentar | Read More

China's growth to hit 8% in 2013

Davos, Switzerland (CNNMoney) "I think China's growth rate will be about 8% this year," Yi Gang said during a debate at the World Economic Forum in Davos, Switzerland. He said consumer price inflation could reach 3% or slightly higher. The world's...
19.33 | 0 komentar | Read More

Chicago mayor asks banks to cut off gun makers

Written By limadu on Sabtu, 26 Januari 2013 | 21.29

Chicago Mayor Rahm Emanuel wants banks to stop lending to gun makers. WASHINGTON (CNNMoney) Emanuel, mayor of the nation's third-largest city and former chief of staff to President Obama, wrote the CEOs of Bank of America (BAC, Fortune 500) and...
21.29 | 0 komentar | Read More
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