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Bitcoin worth $9M buried in garbage dump

Written By limadu on Sabtu, 30 November 2013 | 21.29

A hard drive containing about $9 million in bitcoin is trapped under mounds of trash at a landfill site like this one in the U.K. LONDON (CNNMoney) The device is now buried under a mountain of garbage at a landfill site in Wales. It will be almost...
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Wal-Mart's U.S. CEO defends early Thanksgiving Day opening

NEW YORK (CNNMoney) CNNMoney spoke with Wal-Mart's (WMT, Fortune 500) U.S. CEO Bill Simon. Is shopping the kind of family tradition Wal-Mart wants to perpetuate? Simon: Our job is to try to anticipate what the customer wants... Having families...
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Wal-Mart protesters arrested at Black Friday rallies

Demonstrators protesting outside a Walmart in Paramount, Calif. are arrested during a 2012 Black Friday protest. Protesters took to the streets near a number of Walmart locations again this year. NEW YORK (CNNMoney) Ten people were arrested on...
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Stocks: Set to end November on a high

Written By limadu on Jumat, 29 November 2013 | 21.29

NEW YORK (CNNMoney) U.S. stock futures were edging higher, with the Dow Jones Industrial Average and the S&P 500 each adding 0.2%, and the tech-heavy Nasdaq up 0.4%. Trading is likely to be quiet Friday, with U.S. indexes closing at 1:00 p.m....
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Thanksgiving openings appear to succeed

NEW YORK (CNNMoney) For all the talk of shopping boycotts -- on the grounds that family values exceed the desire to save a few bucks -- American consumerism has triumphed. The crowds that typically appear before dawn Friday showed up at what's traditionally...
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H&M halts angora production over rabbit abuse

A girl with her pet angora rabbit. The fur of the animals is commonly used to make clothing. LONDON (CNNMoney) Other European retailers have also halted production and companies are facing mounting pressure to withdraw angora items from their...
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Disgusted shoppers threaten to boycott Black Friday Thursday

Written By limadu on Kamis, 28 November 2013 | 21.29

This badge is circulating on Facebook and was shared more than 959,000 times as of mid-day Wednesday. NEW YORK (CNNMoney) Among their biggest targets: Kmart plans to kick Thanksgiving day off, opening stores at 6 a.m. and remaining open for 41...
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Sriracha factory ordered to put a lid on smell after locals pepper city with complaints

NEW YORK (CNNMoney) A judge in Los Angeles County has ordered Sriracha maker Huy Fong Foods to suspend operations at a plant in the city of Irwindale that local residents claim has caused an overpowering odor. Irwindale claimed in a lawsuit that...
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U.K. moves to cool property market

The Bank of England says U.K. house price inflation is accelerating and spreading out from London. LONDON (CNNMoney) House prices have increased by about 7% in a year, and by much more in London, raising concerns that borrowers may have trouble...
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Disgusted shoppers threaten to boycott Black Friday Thursday

This badge is circulating on Facebook and was shared more than 959,000 times as of mid-day Wednesday. NEW YORK (CNNMoney) Among their biggest targets: Kmart plans to kick Thanksgiving day off, opening stores at 6 a.m. and remaining open for 41...
19.33 | 0 komentar | Read More

Sriracha factory ordered to put a lid on smell after locals pepper city with complaints

NEW YORK (CNNMoney) A judge in Los Angeles County has ordered Sriracha maker Huy Fong Foods to suspend operations at a plant in the city of Irwindale that local residents claim has caused an overpowering odor. Irwindale claimed in a lawsuit that...
19.33 | 0 komentar | Read More

Black Friday: Is it worth it?

NEW YORK (CNNMoney) Some of the nation's largest retailers plan to open their doors on Thanksgiving Day, kicking off with Kmart (SHLD, Fortune 500) at 6 a.m.,Toys R Us at 5 p.m. Wal-Mart (WMT, Fortune 500) and Best Buy (BBY, Fortune 500) at 6 p.m....
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5 Black Friday tricks to avoid

Written By limadu on Rabu, 27 November 2013 | 21.29

NEW YORK (CNNMoney) "So many people get caught up in the frenzy of Black Friday weekend. All retailers prey on that, " said Marshal Cohen, chief retail analyst at the NPD Group. So if you decide to brave the stores this Black Friday (or in some...
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Stocks: Cheery mood on Thanksgiving eve

Click on chart for more premarket data. NEW YORK (CNNMoney) U.S. stock futures were continuing to edge higher Wednesday morning. The main indexes in the U.S. have risen by 23% to 33% so far this year thanks to an economic recovery spurred...
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Additional legal costs for big banks could top $100 billion

JPMorgan Chairman and CEO Jamie Dimon at a meeting at the White House in October with other bank chiefs. S&P estimates major banks could be hit with more than $100 billion in additional legal costs and penalties due to problem mortgages. NEW...
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Stocks: Cheery mood on Thanksgiving eve

Click on chart for more premarket data. NEW YORK (CNNMoney) U.S. stock futures were continuing to edge higher Wednesday morning. The main indexes in the U.S. have risen by 23% to 33% so far this year thanks to an economic recovery spurred...
19.33 | 0 komentar | Read More

No tech bubble here

Market analysts say this Nasdaq run-up is nothing like the tech bubble of 13 years ago. NEW YORK (CNNMoney) It makes sense that benchmarks like the Nasdaq at 4,000 could reignite bubble fears. It comes after the recent string of successful initial...
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5 Black Friday tricks to avoid

NEW YORK (CNNMoney) "So many people get caught up in the frenzy of Black Friday weekend. All retailers prey on that, " said Marshal Cohen, chief retail analyst at the NPD Group. So if you decide to brave the stores this Black Friday (or in some...
19.33 | 0 komentar | Read More

Men's Wearhouse turns tables, bids for Jos. A Bank

Written By limadu on Selasa, 26 November 2013 | 21.29

Men's Wearhouse is now making an unsolicited bid for rival Jos. A. Bank. NEW YORK (CNNMoney) Men's Wearhouse, which recently fought off a hostile bid from smaller rival Jos. A. Bank, announced its own $1.5 billion bid Jos. A Bank Tuesday. Men's...
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Fake meat is on the menu this Thanksgiving

Beyond Meat's Chicken-Free Strips mimic the look and feel of the real thing. NEW YORK (CNNMoney) Forget about the Tofurky you tried at your cousin's vegan wedding. Companies like Beyond Meat and Hampton Creek Farms are using high-tech processes...
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Storm prompts airlines to relax travel policies

Some airlines are waiving change fees as a storm ravages the U.S. just ahead of Thanksgiving. NEW YORK (CNNMoney) There are caveats, of course. But the savings could be considerable, since change fees can range from $100 to $300 per flight. ...
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Not wanted: 100,000 Medicaid enrollees

Written By limadu on Senin, 25 November 2013 | 21.29

More people currently eligible for Medicaid are signing up, thanks to Obamacare outreach. NEW YORK (CNNMoney) More than 100,000 people were approved for Medicaid last month in the 25 states that have opted not to expand the government program,...
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Startups find free money in South America

Start-Up Chile offers $40,000 of equity-free funding to entrepreneurs who move to Chile for six months to work on their projects. NEW YORK (CNNMoney) What changed? Bernardo took advantage of Start-Up Chile, one of several South American initiatives...
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Highest property taxes in America

NEW YORK (CNNMoney) They're home to the three counties that charge the highest average property taxes in the country. By contrast, a number of counties in Alabama and Louisiana have some of the lowest. Those are among the findings of a new residential...
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Cable stocks surge on takeover chatter

Written By limadu on Minggu, 24 November 2013 | 21.29

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...
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Foxconn to build plant in Pennsylvania

A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney) The company, which a year ago said it was looking at expanding its U.S....
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Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...
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Foxconn to build plant in Pennsylvania

Written By limadu on Sabtu, 23 November 2013 | 21.29

A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney) The company, which a year ago said it was looking at expanding its U.S....
21.29 | 0 komentar | Read More

Cable stocks surge on takeover chatter

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...
21.29 | 0 komentar | Read More

Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...
21.29 | 0 komentar | Read More

Cable stocks surge on takeover chatter

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...
19.33 | 0 komentar | Read More
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