China playing rough with big media

Western media outlets have published stories that detail the wealth accumulated by Chinese officials, including President Xi Jinping. HONG KONG (CNNMoney) The reporter, Austin Ramzy of The New York Times, left Beijing on Thursday for Taipei....

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Wal-Mart: Food stamp cuts to hit profits

NEW YORK (CNNMoney) The cut in food stamps went into effect Nov. 1. Food stamps had been increased during the height of the recession, but that expansion expired without Congressional action. The expiration of the program saved the government $5...

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Nadella would be safe choice for Microsoft

Satya Nadella has done a solid job leading Microsoft's cloud business. And his reward appears to be the CEO job. NEW YORK (CNNMoney) According to several news reports, Nadella will likely be named Microsoft's new CEO in the coming weeks. CNN...

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New ammo packs 3 shots into one bullet

LAS VEGAS (CNNMoney) So he invented the Multiple Impact Bullet, a unique new round that, upon firing, splits into several fragments connected by ballistic-strength fiber. The fiber holds the shrapnel together in a Y-shaped pattern, which makes...

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Stocks: Investors hoping for a rebound

Click on chart to track premarkets NEW YORK (CNNMoney) U.S. stock futures were edging slightly higher ahead of the opening bell, though global markets were predominantly in the red. Investors are watching international developments closely,...

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Economy grew solidly in fourth quarter

NEW YORK (CNNMoney) Gross domestic product -- the broadest measure of economic activity -- grew at a 3.2% annual pace in the fourth quarter, according to a Commerce Department report. That figure beat economists' expectations, and although it's not...

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Flipagram photo app tops the charts

NEW YORK (CNNMoney) Flipagram allows you to select multiple photos from your phone and create a short slideshow. Instead of just capturing a single moment through one photo, the creators of Flipagram see it as a way for users to tell stories with...

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Microsoft is about to take Windows XP off life support

Microsoft will end official support for the 12-year-old Windows XP on April 8. NEW YORK (CNNMoney) You wouldn't think that killing off an operating system that debuted in the first year of the Bush administration would ruffle too many feathers....

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From dog toys to software -- seriously!

Lettuce cofounders Raad Mobrem (left) and Frank Jones (right), with one of their employees (seated). NEW YORK (CNNMoney) Raad Mobrem did. Cofounder and CEO of Lettuce, a Los Angeles-based firm that makes inventory management software, he started...

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Flipagram photo app tops the charts

NEW YORK (CNNMoney) Flipagram allows you to select multiple photos from your phone and create a short slideshow. Instead of just capturing a single moment through one photo, the creators of Flipagram see it as a way for users to tell stories with...

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Microsoft is about to take Windows XP off life support

Microsoft will end official support for the 12-year-old Windows XP on April 8. NEW YORK (CNNMoney) You wouldn't think that killing off an operating system that debuted in the first year of the Bush administration would ruffle too many feathers....

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From dog toys to software -- seriously!

Lettuce cofounders Raad Mobrem (left) and Frank Jones (right), with one of their employees (seated). NEW YORK (CNNMoney) Raad Mobrem did. Cofounder and CEO of Lettuce, a Los Angeles-based firm that makes inventory management software, he started...

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Ford workers to get record $8,800 profit share checks

Ford said it will pay an average of $8,800 to about 47,000 hourly U.S. workers, up about $500 from last year. NEW YORK (CNNMoney) Ford (F, Fortune 500)said it will pay an average of $8,800 to about 47,000 hourly U.S. workers, up about $500 from...

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Home prices show signs of topping out

NEW YORK (CNNMoney) The annual measure of home prices still increased 13.7% in November, but that was only narrowly better than the rise posted in October. The housing recovery was one of the stronger aspects of the economy last year, boosting...

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Companies to pledge help for long-term jobless

Lockheed Martin is among the companies that say they have signed on to best practices aimed at minimizing hiring discrimination against the jobless. WASHINGTON (CNNMoney) President Obama, in his State of the Union address Tuesday, is expected...

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India hikes rates amid market volatility

India's central bank raised a key interest rate to 8% Tuesday. HONG KONG (CNNMoney) The quarter-point rate increase was not expected by economists and comes amid an increasingly gloomy and volatile outlook for some emerging markets. It was the...

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China's $500 million shadow bank rescue

China appears to have avoided a high-profile default that would have cost investors millions. HONG KONG (CNNMoney) That's the question being asked in China, where the murky rescue of a high-yield fund appears to have prevented a default that...

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Stocks look to earnings, emerging markets

Click on chart to track premarkets NEW YORK (CNNMoney) U.S. stock futures were mixed ahead of the open, with the Nasdaq pointing down while the Dow Jones industrial average and S&P 500 were indicating a positive start to the day. Earnings...

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Sony downgraded to 'junk'

Moody's is concerned that Sony will not be able to maintain the profitability levels it had experienced years ago. LONDON (CNNMoney) Shares in Sony (SNE) dipped by 3% in Japan as most Asian markets experienced significant losses Monday. Moody's...

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FAA orders inspections of Boeing 767s

NEW YORK (CNNMoney) The problem being cited is something that the FAA and Boeing have been looking into since 2000, and the planes have already been subject to earlier inspections. But the FAA, in a notice in the Federal Register on Monday, said...

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2015 Honda Fit: The secret star of the Detroit auto show

The 2015 Honda Fit (Fortune) As for the Fit, it is a four-door subcompact hatchback in a market that reserves its enthusiasm for big displacement engines and sport coupe styling. Americans bought only 53,513 in 2013 (Ford (F, Fortune 500) sold...

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Sony downgraded to 'junk'

Moody's is concerned that Sony will not be able to maintain the profitability levels it had experienced years ago. LONDON (CNNMoney) Shares in Sony (SNE) dipped by 3% in Japan as most Asian markets experienced significant losses Monday. Moody's...

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Stocks: Set for a positive start

Click chart for in-depth premarket data. NEW YORK (CNNMoney) U.S. stock futures moved higher, with the S&P 500 rising 0.2% ahead of the open. Global markets remained under pressure. Last week was a rough week for U.S. stocks. The Dow...

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2015 Honda Fit: The secret star of the Detroit auto show

The 2015 Honda Fit NEW YORK (Fortune) As for the Fit, it is a four-door subcompact hatchback in a market that reserves its enthusiasm for big displacement engines and sport coupe styling. Americans bought only 53,513 in 2013 (Ford (F, Fortune...

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Michaels stores: Possible data 'attack'

The country's largest crafts chain said Saturday it learned recently of 'possible fraudulent activity' on some customer payment cards, suggesting there may have been a breach. NEW YORK (CNNMoney) Michaels said Saturday that it learned recently...

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Buckle up! 2014 will be a bumpy ride

BlackRock CEO Laurence Fink: "I hear way too much optimism going forward -- we're going to be in a world of much greater volatility." Davos, Switzerland (CNNMoney) Financial experts at the World Economic Forum in Davos were cautiously optimistic...

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Weather Channel-DirecTV blackout: No end in sight

TV channel owners and distributors usually haggle in private. But the dispute between the Weather Channel and DirecTV underscores how contentious the negotiations can become. NEW YORK (CNNMoney) On Friday, DirecTV Chief Executive Mike White published...

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Michaels stores: Possible data 'attack'

The country's largest crafts chain said Saturday it learned recently of 'possible fraudulent activity' on some customer payment cards, suggesting there may have been a breach. NEW YORK (CNNMoney) Michaels said Saturday that it learned recently...

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Buckle up! 2014 will be a bumpy ride

BlackRock CEO Laurence Fink: "I hear way too much optimism going forward -- we're going to be in a world of much greater volatility." Davos, Switzerland (CNNMoney) Financial experts at the World Economic Forum in Davos were cautiously optimistic...

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