Clippers sale will bring many bidders, huge payday

Fans at the Clippers' playoff game Tuesday night. NEW YORK (CNNMoney) NBA Commissioner Adam Silver announced on Tuesday that he would ask the league's other 29 owners to force Sterling to sell the team after a recording of Sterling making racist...

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Stocks slide as all eyes turn to Fed

NEW YORK (CNNMoney) The Dow Jones industrial average was flat, while the S&P 500 and the Nasdaq drifted lower. Gross domestic product, the broadest measure of the U.S. economy, grew at just a 0.1% annual pace in the first quarter, the U.S....

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Twitter stock tanks. It's not the 'next Facebook'

Click image for more data NEW YORK (CNNMoney) Shares of Twitter (TWTR) tumbled to their lowest post-IPO price yet on Wednesday after the micro blogging site revealed results that only reinforce jitters about its user activity and engagement....

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This city's residents have the least debt

Detroit residents carry an average debt load of $23,604. NEW YORK (CNNMoney) The average debt load for a person living in Detroit is $23,604. That's the lowest of any major city and is down 7.1% from four years ago, according to Experian, which...

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China's economy bigger than believed, new study claims

By one measure, China's economy is approaching that of the United States. HONG KONG (CNNMoney) The basis for this claim is new data from a statistical program run by the World Bank that suggests China's rapidly-growing economy is much bigger...

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What to really look for in April's auto sales

To get the full auto sales picture, you need to read between the spaces. (Fortune) While it's good to have the sales numbers, it is equally important to know how to interpret them. The raw data requires experienced eyes to identify trends and...

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Stocks open higher...of course, it's Tuesday

NEW YORK The Dow Jones industrial average, S&P 500 and Nasdaq all enjoyed solid gains in early action. U.S. stocks ended mixed Monday. The Dow is up over 85 points. April has been a tough month for investors, with the Nasdaq taking a sharp...

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The biggest tax breaks in 2014

NEW YORK (CNNMoney) But when it comes to how much revenue Uncle Sam gives up every year because of tax breaks, the greatest amount by far goes to individual taxpayers. And "by far," think close to 90%. More than $1 trillion of the estimated $1.4...

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Europe leans more heavily on Russian gas

LONDON (CNNMoney) The European Union is accelerating efforts to bring in more gas from other sources, but alternative options are likely to take years to develop. Russia's state controlled gas giant Gazprom (GZPFY) said export volumes to Europe...

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Why did China force The Big Bang Theory offline?

The cast of "The Big Bang Theory" -- no longer viewable in China. HONG KONG (CNNMoney) "The Big Bang Theory," "NCIS," "The Good Wife" and "The Practice" were taken offline over the weekend. The orders came from the State Administration of Press,...

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For entrepreneurs, cycling is the new golf

In Southern California, Michael Marckx spearheads a group of cyclists who regularly ride and network. NEW YORK (CNNMoney) "Unlike golf, cycling is also a great equalizer," said Andy Clarke, president of the League of American Bicyclists. "You're...

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Stocks: Emerging from a month-long funk?

Click on chart to track premarkets NEW YORK (CNNMoney) But U.S. stock futures were pointing higher Tuesday, lending some hope that the final days of April may make up some lost ground. U.S. stocks ended mixed Monday. Earnings continue to dominate...

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Charter to buy some Comcast and Time Warner Cable customers

NEW YORK (CNNMoney) The sale on Monday, to Charter Communications, would leave the combined Comcast and Time Warner Cable with just less than 30% of households that subscribe to cable or satellite TV. Still, if the merger is approved, Comcast would...

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Stocks: Markets up on all the deal talk

NEW YORK (CNNMoney) The Dow Jones industrial average, the S&P 500 and the Nasdaq were all up about 0.5% in early trading, although the Nasdaq has since fallen back. Takeover talk is swirling through the markets Monday as Pfizer said it has...

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Bank of America's big math error

NEW YORK (CNNMoney) The Federal Reserve required BofA (BAC, Fortune 500)on Monday to ditch its plans to return cash to shareholders after the bank said it incorrectly reported capital ratios in recent stress tests. The second largest U.S. bank...

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Google Now and Cortana are the future, not Siri

NEW YORK (CNNMoney) Based on the investments Big Tech companies are making, the next tech wave will likely be powered by contextual and predictive technologies. In plain terms, contextual and predictive technologies are designed to get our devices...

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NFL Cheerleaders: We're not even making minimum wage

A lawsuit against the Oakland Raiders was the first of several this year filed by cheerleaders against their NFL teams. NEW YORK (CNNMoney) Several current and former cheerleaders are suing their NFL employers over pay. Three separate suits...

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Guerrilla marketing for books

Author John Shors (second from right) with a group of readers in front of a Bangkok temple. NEW YORK (CNNMoney) He leads tours of the Southeast Asian temples and hidden jungles that inspired his books. The idea: Get people excited about his work,...

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Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

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Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

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Stocks: Federal Reserve to the rescue?

Click image for more market data. NEW YORK (CNNMoney) After a bonanza of corporate report cards dominated recent headlines, investors will likely refocus on the state of the U.S. economy and the Federal Reserve's delicate dance to curtail its...

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Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...

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Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

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Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

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Under Armour scores invite to S&P 500

NEW YORK (CNNMoney) That puts it in the ranks of the largest largest companies on U.S. stock exchanges -- call it the "varsity league" of stocks. Under Armour (UA) stock has been on the kind of winning streak that the Yankees would envy. It has...

21.29 | 0 komentar | Read More

Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

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Elon Musk's SpaceX will sue U.S. over rocket contract

Musk claims his aerospace company SpaceX was unfairly shut out of a contract for rocket launches he says he can do for less money. WASHINGTON (CNNMoney) SpaceX plans to sue the U.S. Air Force to challenge a $7.2 billion contract awarded to a...

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Taco Bell tests new restaurant aimed at Chipotle crowd

A rendering of a U.S. Taco Co. shows an eatery that could compete with chains like Chipotle and Qdoba. NEW YORK (CNNMoney) How far is Taco Bell branching out? The Mexican Car Bomb isn't even a taco. It's a vanilla shake with Guinness, tequila...

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