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Financial News from CNNMoney.com

  • Jeff Bezos: Grinch that stole Amazon's Xmas CNNMoney.com - 56 minutes ago

    You're a mean one, Mr. Bezos. You really are a drone. Your Fire Phone's unpopular. Your cloud biz bleeds red ink. Mr. Bezos. Your ship looks like it is really starting to sink! Yup. Amazon's lousy third-quarter ...

  • EU pledges 1 billion euros to fight Ebola CNNMoney.com - 1 hour 12 minutes ago

    European countries have responded to appeals for more help to fight Ebola by pledging to increase aid for West Africa to a billion euros ($1.3 billion). EU member states made commitments this week to give ...

  • Carl Icahn is from the mean streets of Queens CNNMoney.com - 1 hour 33 minutes ago

    The union can't bully Carl Icahn. He's from Queens! Or that's what he said, anyway, in an open letter to the Local 54 union, which represents casino workers in Atlantic City, NJ, where four casinos have ...

  • Brits to get paid for losing weight CNNMoney.com - 1 hour 54 minutes ago
    Scale

    Overweight Brits may soon find that shedding extra pounds would benefit their wallets as well as their waistlines. The UK public health service, the NHS, wants to encourage companies to reward employees ...

  • Paul Allen pledges $100 million to fight ebola CNNMoney.com - 2 hours 17 minutes ago
    Seattle Seahawks owner Paul Allen, left, talks with Dallas Cowboys owner Jerry Jones, right, before an NFL football game, Sunday, Oct. 12, 2014, in Seattle.  (AP Photo/Elaine Thompson)

    Paul Allen, the Microsoft co-founder, has increased his commitment in the fight against Ebola to $100 million on Thursday. The billionaire and owner of the Seattle Seahawks and Portland Trailblazers has ...

  • [video] Amazon torn apart by Wall Street piranhas @ CNNMoney.com - 2 hours 26 minutes ago

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  • Wall Street delivers bad news to Amazon CNNMoney.com - 2 hours 27 minutes ago

    Amazon's shareholders are fed up. The e-commerce giant's stock fell nearly 11% in after-hours trading Thursday. The company reported a $437 million loss in the last quarter, even though its revenue was ...

  • Tumblr CEO: I'm still in charge here CNNMoney.com - 3 hours ago

    When it comes to going from startup to billion dollar company, CEO David Karp says Tumblr did it the right way. "I think and I hope that we were thoughtful about how we raised money, that we've been ...

  • P&G to get rid of Duracell @ CNNMoney.com - 3 hours ago

    Procter & Gamble is splitting off the Duracell battery business. The company said it is acting to boost its share price and to reduce the number of shares outstanding. It hopes to give shares of a new ...

  • Former interns from "Saturday Night Live" who filed a class action lawsuit over unpaid work have reached a $6.4 million settlement with NBCUniversal. The settlement still has to be approved by ...

  • Premarkets: 4 things to know before the open @ CNNMoney.com - 7 hours ago

    Look out below! Shares in Amazon are set to take a dive, and the overall market looks set to drift lower. Here are the four things you need to know before the opening bell rings in New York: 1. Amazon ...

  • China ranked third in the world for expats CNNMoney.com - 14 hours ago

    Many Chinese want to swap Beijing pollution for greener foreign shores, but it seems plenty of expats are happy to head in the opposite direction. China is the third most desirable expat destination, just ...

  • How to avoid homebuyer's remorse CNNMoney.com - 16 hours ago

    Big purchases often come with big expectations. So it's no wonder that in a recent survey of 2,000 homebuyers, a whopping 80% said they regretted at least one thing about their home. The number one complaint: ...

  • Why AMC and the BBC are getting together @ CNNMoney.com - 16 hours ago

    AMC Networks is effectively taking over the BBC's cable channel in the United States in a $200 million deal announced on Thursday. AMC will own 49.9% of the channel, BBC America, and run its day-to-day ...

  • Those waiting for a Comcast-Time Warner Cable merger -- and possibly improved cable service in cities like New York City and Los Angeles -- are going to have to hold out a bit longer. Government regulators ...

  • The bad news for Warren Buffett: Two of his firm's largest investments have lost the company $2.3 billion this week . The good news: That's about the extent of his U.S. losses so far this year. Buffett's ...

  • Who needs Windows? Microsoft sales soared 25% in the last three months on the back of cloud, Xbox and, yes, even the Surface tablet and Nokia smartphones. This is a new Microsoft that doesn't need to rely ...

  • Sears is closing 77 Sears and Kmart stores and cutting 5,300 jobs. And that's not even the worst news. The fact that most of these stores will close before Christmas is akin to raising a white flag, since ...

  • Schools install gun detection technology @ CNNMoney.com - 18 hours ago

    What if cops can pinpoint exactly where a shooter is during a school shooting? Maybe that can prevent the next Newtown tragedy. That's what some schools are betting on as they install technology in their ...

  • After the last week's bloodbath, investors are finding reason to celebrate. The Dow Jones Industrial Average shot up 230 points Thursday, while the S&P 500 and Nasdaq have gained around 5% each this week. ...

  • [video] 5 stunning stats about Tesla @ CNNMoney.com - 21 hours ago

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  • A small upstate New York brewery may soon feel the full force of the "Star Wars" legal department. Lucasfilm is attempting to block a trademark on one of Empire Brewery Co.'s, signature beers, ...

  • 401k

    Super savers and rich people will be able to put even more money in their 401(k)s next year. Starting in 2015, contribution limits for the tax-deferred retirement accounts will increase by $500 to $18,000, ...

  • [video] Domino's recipe for success @ CNNMoney.com - 23 hours ago

    Domino's Pizza is hot again, and we don't just mean the pies. Customers love it, and investors are eating it up.

  • Imagine being in a crowd that's racing for the exit, but the door isn't big enough to let everyone out. Things would get messy pretty quickly. That's exactly what some bond investors are worried will happen ...

  • Virtual reality movies are coming CNNMoney.com - Thu, Oct 23, 2014 11:50 AM EDT

    In a decade or two, going to the movie theater could feel as outdated as renting a VHS tape. That's the future virtual reality enthusiasts from Oculus VR and elsewhere are sketching out, extolling the ...

  • Dunkin' gets dunked: Weak doughnut sales hurt stock @ CNNMoney.com - Thu, Oct 23, 2014 11:50 AM EDT

    Maybe America just walks on Dunkin'? Shares of Dunkin' Brands fell nearly 4% Thursday after the coffee and doughnut chain reported revenue for the third quarter that missed forecasts and also warned that ...

  • In Zuckerberg's all-Chinese Q&A, says Facebook has '11 mobile users' CNNMoney.com - Thu, Oct 23, 2014 11:26 AM EDT

    To thunderous applause and astonishment from the Chinese audience, Mark Zuckerberg gave a 30-minute Q&A session at Beijing's Tsinghua University -- completely in Mandarin. So how did the Facebook CEO do? ...

  • [video] Big Chocolate goes small on Ebola donations @ CNNMoney.com - Thu, Oct 23, 2014 10:58 AM EDT

    The chocolate industry gets 70% of its cocoa supply from West Africa - the region hardest hit by the Ebola virus. But Nestle, Mars and other major producers only scraped together $600,000 to fight the ...

  • Mortgage rates scraping bottom again CNNMoney.com - Thu, Oct 23, 2014 10:15 AM EDT

    Homeowners seeking to save some on mortgage payments can celebrate: The average rate for 15-year, fixed-rate mortgages, one of the most popular refinance products, has dipped to its lowest level since ...

  • Maker of Camel cigarettes bans smoking in its offices @ CNNMoney.com - Thu, Oct 23, 2014 9:55 AM EDT

    Joe Camel isn't going to be able to smoke at his desk any longer. Reynolds American, the nation's No. 2 tobacco company, will no longer let its employees smoke in most places at work starting next year. ...

  • Customers up, profit up at Comcast @ CNNMoney.com - Thu, Oct 23, 2014 8:22 AM EDT

    As it awaits approval of its merger with Time Warner Cable, Comcast continues to show solid growth, both in profit and in the number of new customers. That's significant because Comcast is the biggest ...

  • Just how sick are European banks? We find out Sunday @ CNNMoney.com - Thu, Oct 23, 2014 6:14 AM EDT

    Europe's economy is looking frail again, but is it at risk of cardiac arrest? The banks at the heart of the eurozone economy are about to find out whether regulators will give them a clean bill of health, ...

  • China's booming $1.5 billion pet care market @ CNNMoney.com - Thu, Oct 23, 2014 4:39 AM EDT

    It's the latest growth industry in China: pet lovers are spending billions pimping their pooches. China has one of the world's lowest birth rates, and a growing number of middle class couples are choosing ...

  • Oil will tumble to $70 says new 'bond king' @ CNNMoney.com - Thu, Oct 23, 2014 12:31 AM EDT

    The meltdown in the oil market is not over yet. That's the message from Jeffrey Gundlach, the star bond investor who predicts oil will plunge another $10 (it's $80 a barrel now ). While another decline ...

  • Macau's casinos crush Las Vegas with $270 minimum bets CNNMoney.com - Wed, Oct 22, 2014 9:56 PM EDT

    Las Vegas has first class shopping, dining and nightlife. But for serious gamblers, Macau holds all the aces. The city's $45 billion casino industry is now roughly seven times bigger than Vegas, and eye-popping ...

  • World Series strikes out with lowest game 1 ratings in history CNNMoney.com - Wed, Oct 22, 2014 8:05 PM EDT

    Game 1 of the 2014 World Series was no "royal" in terms of the ratings. Tuesday night's opening game of the Major League Baseball World Series brought in 12.1 million viewers for Fox, making ...

  • NBC's Dr. Nancy Snyderman to resume work in November CNNMoney.com - Wed, Oct 22, 2014 7:02 PM EDT

    The mandatory Ebola-related quarantine is over, but Dr. Nancy Snyderman and the crew members who traveled to Liberia with her are not coming back to work yet. In an internal memorandum on Wednesday, NBC ...

  • Domino's Pizza is hot again @ CNNMoney.com - Wed, Oct 22, 2014 5:52 PM EDT

    Domino's Pizza is all grown up. It is no longer just a desperate late night snack for college students. It's gone from stale to sizzling. Customers are back -- so much so that the company added 160 stores ...

  • The $1 million Halloween costume CNNMoney.com - Wed, Oct 22, 2014 5:52 PM EDT

    What does a million-dollar Halloween costume look like? Hint: It gives new meaning to the phrase "dripping with diamonds." The Million Dollar Morphsuit is encrusted head to toe with 70,000 diamonds. ...

  • Remember "Easy Rider"? That bike just sold for $1.35 million CNNMoney.com - Wed, Oct 22, 2014 2:33 PM EDT

    The hippies weren't supposed to be about money. But the all-American chopper ridden by Peter Fonda in the anti-establishment film "Easy Rider" has sold for a whopping $1.35 million. The Los Angeles ...

  • Apple Pay is double charging some customers CNNMoney.com - Wed, Oct 22, 2014 12:41 PM EDT
    IMAGE DISTRIBUTED FOR MASTERCARD - MasterCard demonstrates Apple Pay at the launch of MasterCard's NYC Tech Hub on Monday, Oct. 20, 2014 in New York. (Photo by Charles Sykes/Invision for MasterCard/AP Images)

    A fix on the banking side of Apple Pay transactions is expected Wednesday.

  • Uber sorry for 'hot chick' 20-minute ride promo CNNMoney.com - Wed, Oct 22, 2014 12:24 PM EDT

    If riding in cars with beautiful models as drivers sounds like a dream, it's time to wake up. Uber has. The ridesharing service canceled its "Avions de Chasse" promotion (a slang term for "incredibly ...

  • Total CEO death: Moscow airport worker denies he was drunk CNNMoney.com - Wed, Oct 22, 2014 12:19 PM EDT

    The Moscow airport snow plow driver, involved in the crash that killed the CEO of a French oil company, denies he was drunk. The driver, Vladimir Martynenko, passed the daily "medical examination" ...

  • Apple stock is at all-time high. It's still a good buy @ CNNMoney.com - Wed, Oct 22, 2014 12:11 PM EDT

    At risk of sounding like an iFanboy ... is Apple the perfect stock? Apple hit a new all-time high Wednesday morning (over $104 a share). The company's strong earnings report on Monday proved to any doubters ...

  • [video] Intel's plan to invade your home @ CNNMoney.com - Wed, Oct 22, 2014 11:54 AM EDT

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  • [video] The million dollar chip @ CNNMoney.com - Wed, Oct 22, 2014 11:47 AM EDT

    Meneko Spigner McBeth beat out 14 million competitors to win Lay's 'Do Us a Flavor' contest with her million dollar idea, the Wasabi Ginger potato chip.

  • [video] Apple feels the iLove @ CNNMoney.com - Wed, Oct 22, 2014 11:37 AM EDT

    Wall Street is smitten with Apple ... and with good reason. Great earnings, a reasonable valuation, a dividend and stock buybacks have investors happy. How much higher can the stock go?

  • Jimmy Johns under fire for worker contracts CNNMoney.com - Wed, Oct 22, 2014 11:29 AM EDT

    Jimmy John's doesn't want its low-wage workers to apply for jobs at rivals. Now, lawmakers are calling for an investigation into the sandwich chain's policy of making workers sign contracts that bar them ...

  • Tesla blocked from selling in Michigan @ CNNMoney.com - Wed, Oct 22, 2014 11:28 AM EDT

    Michigan Gov. Rick Snyder has signed a bill which Tesla Motors says will prohibit it from selling cars in the state that's home to the U.S. auto industry. Snyder says that Michigan law already prohibits ...

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