Dec 22, 2014 9:08am

FedEx (FDX) and UPS (UPS) Brace for Today’s Huge Delivery Challenge

Morning Money Memo: Today is crunch time for UPS. The parcel company says today alone it will deliver 34 million packages, the most ever. UPS has spent hundreds of millions of dollars preparing for the holidays, aiming to prevent a repeat of last year’s mess… Read More »

Dec 15, 2014 9:21am

Why Postal Service Officials Tossed and Turned All Night

Morning Money Memo: An over-supply of packages is today’s biggest concern for the U.S. Postal Service, which is bracing for the annual Christmas gift rush. This is expected to be its busiest day of the year, with more than 640 million cards, letters and packages… Read More »

Dec 10, 2014 8:48pm

Jolie and Sandler Bear Brunt of Latest Sony Email Leak

Entertainment and electronics company Sony has apparently suffered yet another leak of internal emails. Emails reportedly hacked and leaked claimed to show a top producer criticizing Angelina Jolie’s talent and ego; employees bashing Adam Sandler’s movies; and a talent manager flattering Leonardo DiCaprio in an… Read More »

Dec 8, 2014 9:16am

Welcome to the ‘I’m Not Feeling It Yet’ Economy

  Morning Money Memo: The new numbers look great and the experts are telling us the U.S. economy is poised for stronger growth in 2015. Friday’s jobs report was better than expected, while the recent sharp decline in oil and gasoline prices is improving household… Read More »

Dec 3, 2014 9:12am

Bhopal Still Haunts Union Carbide 30 Years Later

Morning Money Memo… Thirty years ago today lethal gas swept through the Indian city of Bhopal, which remains haunted by memories of the world’s worst industrial disaster. Hundreds of survivors of the gas leak from the Union Carbide plant took to the streets today, chanting… Read More »

Dec 2, 2014 9:08am

Chrysler Uses Cheaper Gas to Rev Up SUV, Trucks Sales

Morning Money Memo…   Plunging gas prices are pushing up sales of SUVs and light trucks. Chrysler’s November were the strongest results since 2001, with Jeep sales soaring 27 percent and Ram pickups up 21 percent. Rational or not, many consumers are betting that today’s… Read More »

Dec 1, 2014 9:24am

An Anxious Cyber Monday for Retailers After Thanksgiving Sales Bust

Morning Money Memo: The biggest shopping weekend of the year was a bust for some retailers. Early discounting and more online shopping may have put a big dent Black Friday shopping. “Overall shopper traffic from Thanksgiving Day through Sunday dropped 5.2 percent from 2013,” the… Read More »

Nov 28, 2014 8:56am

Oil Prices Tank on OPEC Decision

Morning Money Memo: Oil prices continue to sink this morning, down 6 percent on news that the oil-producing nations of OPEC rejected increasing calls to lower oil production output amid falling prices. The decision sent prices plummeting this morning, as investors were looking for decisive… Read More »

Nov 25, 2014 8:34am

Amazon (AMZN), Target (TGT), Macy’s (M) Speed-up Holiday Deliveries

Morning Money Memo… Amazon, Target, and Macys are speeding up their delivery plans for the holidays as online shopping continues to grow. Some sites are including new overnight and same-day delivery options. Quick delivery is important for retailers as they head into the holiday shopping… Read More »

Nov 24, 2014 9:33am

WalMart (WMT) Vs. Amazon (AMZN)

Morning Money Memo… Amazon is getting a run for its money as the holiday season kicks into high gear. But the firm that revolutionized online shopping is facing more competition for the holidays from brick-and-mortar rivals. “Amazon should be worried,” says Poonam Goyal of Bloomberg… Read More »