Stocks open flat, shorts get squeezed

NEW YORK (CNNMoney) Tesla (TSLA) rallied after the electric car maker delivered its first ever profit and topped sales estimates. Green Mountain Coffee Roasters (GMCR) shares jumped after the company reported better-than-expected earnings and announced...

21.29 | 0 komentar | Read More

Top smartphones may soon cost more than $200

Most high-end smartphones cost just $200 after discounts, but that practice may end soon. NEW YORK (CNNMoney) It's no secret that wireless companies are trying to do away with subsidies. Typically, customers pay a discounted price up front for...

21.29 | 0 komentar | Read More

8 to be charged in $45 million cybertheft bank heist

NEW YORK (CNNMoney) The charges are due to be announced in Brooklyn by U.S. Attorney Loretta Lynch of the Eastern District of New York. A spokesman for her office said the charges are against eight individuals who were part of the New York cell...

21.29 | 0 komentar | Read More

Consumers spending nearly 10% more than in 2009

Americans are shelling out more for everyday staples like groceries and gas, while also splurging a little on dining out and giving to charities, according to a Mint.com survey. NEW YORK (CNNMoney) In the first quarter of 2013, the average household...

21.29 | 0 komentar | Read More

Stocks retreat from record

Click chart for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average edged down 0.1%, but remained above 15,000. The S&P 500 slid 0.1%, while the Nasdaq was flat. The pullback comes one day after the Dow closed above...

21.29 | 0 komentar | Read More

Ferguson exit knocks Man Utd shares

Shares in Manchester United have surged by nearly 35% since the club listed in New York in August 2012. LONDON (CNNMoney) Sir Alex Ferguson, who has led Manchester United (MANU) to victory in the English Premier League 13 times since its inception...

21.29 | 0 komentar | Read More

Many early tax filers still waiting for refunds

Some early filers are getting fed up that their tax refunds still haven't arrived. NEW YORK (CNNMoney) Taxpayers claiming education credits on Form 8863 encountered their first delay when the IRS said it wouldn't be able to start processing the...

19.33 | 0 komentar | Read More

IRS workers protest spending cuts

IRS workers rallied against government spending cuts on Tuesday. Click on the image to view more protestors. NEW YORK (CNNMoney) Known as the sequester, the cuts will wipe $600 million from the IRS's budget this year, forcing the agency's nearly...

19.33 | 0 komentar | Read More

Apple picks itself up off the mat

Shares have bounced back nicely in the past month, but are still down roughly 35% from their all-time high. NEW YORK (CNNMoney) Shares of Apple (AAPL, Fortune 500) have gained about 20% from last month's low of $385. The rally came after Apple...

19.33 | 0 komentar | Read More

Stocks: Another record for the S&P 500

Click chart for more markets data. NEW YORK (CNNMoney) The eternal question may not be answered in one day but Tuesday, investors pushed the S&P 500 to a new record high in early trading. Related: 20 biggest stock gainers The Dow Jones...

21.29 | 0 komentar | Read More

Pagers cost hospitals billions

NEW YORK (CNNMoney) Physicians and nurses working in hospitals waste an average of 46 minutes a day when they use beepers to exchange information about patients, rather than modern alternatives like texting on smartphones, according to a new study...

21.29 | 0 komentar | Read More

Online retailers call Internet sales tax a 'nightmare'

Small online retailers, like Kevin Hickey, worry about the costs of complying with an Internet sales tax. NEW YORK (CNNMoney) Online retailers with more than $1 million a year in annual sales outside their home state would have to start collecting...

21.29 | 0 komentar | Read More

Unemployment haunts Social Security recipients

Diana Brest is getting smaller Social Security payments because she was unemployed before retiring. NEW YORK (CNNMoney) "Those years are vital to their Social Security benefits," said Gary Koenig, director of economic security for AARP's Public...

19.33 | 0 komentar | Read More

Long waits, locked restrooms loom for national park visitors

Spring break visitors to Arizona's Grand Canyon National Park faced longer lines. It will likely get worse in the summer, when the park can hire fewer seasonal employees because of the forced budget cuts. WASHINGTON (CNNMoney) As Americans start...

19.33 | 0 komentar | Read More

Own your own Cray supercomputer for a mere $500,000

Cray's new XC30-AC comes with a price tag that's a tiny fraction of what its bigger supercomputer cousins cost. (CNNMoney) This isn't the kind of computer a young hacker would buy to toy around with in a garage: It'll set you back $500,000. But...

19.33 | 0 komentar | Read More

Inside the boardroom: The party is over!

Boards used to seek bigtime CEOs such as Jack Welch. Now? Asian American women with tech skills such as Clara Shih (right). (Fortune) Welcome to the world of a Fortune 500 director. It ain't what it used to be. The company described is real but...

21.29 | 0 komentar | Read More

Stocks: Will momentum stick?

NEW YORK (CNNMoney) Stocks opened little changed Monday, amid a lack of any market moving news. The Dow Jones industrial average drifted lower, while the S&P 500 and Nasdaq edged higher. As trading resumes quietly on Wall Street, here are five...

21.29 | 0 komentar | Read More

Pfizer to start selling Viagra online

Pfizer is now selling Viagra directly to consumers online. NEW YORK (CNNMoney) The company said that online pharmacies have proliferated in recent years to meet consumer demand for all manner of medication, but that most of these sites are not...

21.29 | 0 komentar | Read More

Crowdfunding tries to grow up

(Fortune) Welcome to the new world of fundraising, in which so-called crowdfunding websites like Indiegogo and Kickstarter let just about anyone with an idea try his or her hand at bankrolling a dream. Proponents of crowdfunding believe it has the...

19.33 | 0 komentar | Read More

The $1 million mouse hunt

University of Chicago students Imran Ahmad (left) and Umar Khokhar at the Rice Business Plan Competition (Fortune) It's as if she can sense the pressure building in the practice room at Rice University in Houston, where I'm watching two young founders...

19.33 | 0 komentar | Read More

SiNode Systems: 2013 Rice Business Plan Competition champs

(Fortune) The technology was developed in a Northwestern lab and aims to remake the anode of lithium-ion batteries, which are standard issue in cellphones. (The group estimates that the anode market for consumer products is about $1 billion.) Typical...

19.33 | 0 komentar | Read More

How construction can lose jobs in middle of home building rebound

Cuts in government spending on construction projects led to the drop in April's construction employment. NEW YORK (CNNMoney) The sector lost about 6,000 jobs overall, according to the Labor Department's jobs report. This was largely due to a decline...

21.29 | 0 komentar | Read More

My First Rifle: The business of selling guns for kids

Chipmunk, a subsidiary of Keystone, sells guns designed for children, along with its sibling subsidiary, Crickett. NEW YORK (CNNMoney) The gun used in the recent shooting in Kentucky was a Crickett .22-caliber rifle, marketed with the slogan "My...

21.29 | 0 komentar | Read More

Buffett's Berkshire blows past estimates

NEW YORK (CNNMoney) Buffett's Berkshire Hathaway (BRKA, Fortune 500) handily beat analyst estimates with its first-quarter earnings on Friday, booking strong gains in its investments and insurance business. Excluding certain investment gains, Berkshire...

21.29 | 0 komentar | Read More

How construction can lose jobs in middle of home building rebound

Cuts in government spending on construction projects led to the drop in April's construction employment. NEW YORK (CNNMoney) The sector lost about 6,000 jobs overall, according to the Labor Department's jobs report. This was largely due to a decline...

19.33 | 0 komentar | Read More

My First Rifle: The business of selling guns for kids

Chipmunk, a subsidiary of Keystone, sells guns designed for children, along with its sibling subsidiary, Crickett. NEW YORK (CNNMoney) The gun used in the recent shooting in Kentucky was a Crickett .22-caliber rifle, marketed with the slogan "My...

19.33 | 0 komentar | Read More

Buffett's Berkshire blows past estimates

NEW YORK (CNNMoney) Buffett's Berkshire Hathaway (BRKA, Fortune 500) handily beat analyst estimates with its first-quarter earnings on Friday, booking strong gains in its investments and insurance business. Excluding certain investment gains, Berkshire...

19.33 | 0 komentar | Read More