By ABC News

Companies Consumer Report
Sep 19, 2014 9:30am

Historic Alibaba IPO Not for Everyone

ABC News’ John Kapetaneas reports: Morning Money Memo All eyes will be on Alibaba’s big opening day on the market this morning. The Chinese e-commerce giant is expected to raise $21.88 billion during its IPO, making it the largest public offering in history, valuing the… Read More »

Companies Consumer Report
Sep 18, 2014 9:04am

Apple (AAPL) IOS 8 to Keep Data Private, Even From Police

Morning Money Memo… Apple is taking a tough new line on the security of its mobile devices, saying its new iOS 8 operating system will keep data private, even from police. The engineering of the new system, says Apple, makes it impossible for the company… Read More »

By ABC News

Economy
Sep 17, 2014 5:30pm

3 ‘Real Money’ Tips to Read Before You Buy a Car

The Smiths of Atlanta have a full house, four young children going in four different directions and just one car to get them where they need to go. Maria Smith, a stay-at-home mother, said the family’s car – a 2006 Honda Odyssey – had 160,000… Read More »

Companies
Sep 17, 2014 8:26am

Amazon (AMZN) Faces Alibaba (BABA) & Retail Threat

Morning Money Memo… Amazon is facing a growing challenge on several fronts. E-commerce giant Alibaba, often called the Amazon of China, is not only going public, but may expand into the U.S. and Europe, using the cash raised by its IPO. “We hope the become… Read More »

Companies Consumer Report
Sep 16, 2014 9:30am

Alibaba IPO Poised to Make History

  Morning Money Memo: Alibaba’s first public stock sale hasn’t happened yet, but already it’s a big deal for global financial markets. The hugely successful Chinese e-commerce company now plans to raise as much as $25 billion in its stock offering later this week, making… Read More »

Companies Consumer Report
Sep 15, 2014 9:15am

KFC-Owner Yum Brands (YUM) Tries Saigon Street Food

    Morning Money Memo: Is America ready for Saigon street food? Yum Brands – the owners of Taco Bell, Pizza Hut and KFC – is betting that many people will like the taste of banh mi sandwiches, Asian salads and wok-fried food. Yum opened… Read More »

Companies Consumer Report
Sep 11, 2014 9:05am

Why Falling Gas Prices Have Further to Go

Morning Money Memo… There’s good news about the cost of energy: It’s getting cheaper. The cost of oil has been falling for weeks on global markets. West Texas crude is now just under $91 a barrel. The International Energy Agency has again cut its oil… Read More »

Companies Consumer Report
Sep 10, 2014 8:39am

Dollar General (DG) Goes Hostile in Buyout Bid

Morning Money Memo: The polite fight over Family Dollar may be about to get down and dirty. Dollar General is going hostile with its $9.1 billion bid after repeated rejections of previous offers by its rival. In July, Family Dollar accepted a smaller buyout offer… Read More »

Companies Consumer Report
Sep 9, 2014 9:03am

Home Depot (HD) Hack Could Be Biggest Card Breach Ever

  Morning Money Memo: The huge hacking attack against Home Depot’s payment systems could turn out to be the biggest breach of any retailer’s data so far. The company confirmed the data break-in but did not say how many credit and data cards are affected…. Read More »

Companies Consumer Report
Sep 8, 2014 8:41am

Here’s What to Expect From Apple (AAPL) Announcement

  Morning Money Memo: Apple’s big event Tuesday comes at a crucial time for the world’s most successful and highly valued computer company. A new iPhone 6 is expected to be announced along with a larger phone to compete with the popular big-screen Samsung Galaxy…. Read More »