Feb 28, 2015 6:07pm

E-Readers for Real Readers

Dedicated devices for reading e-books have been a hot category for nearly a decade, with tech firms from Amazon, Samsung and Barnes & Noble releasing a dizzying number of options in recent years. Yet while most of the new devices being introduced for reading e-books… Read More »

Feb 24, 2015 9:12am

Google Challenges Apple in Tap-Pay Service

Google is teaming up with three major wireless carriers, making a major challenge to Apple Pay, the new mobile wallet system.  In a deal with Verizon, AT&T and T-Mobile, Google’s tap-and-pay service will be built into Android smartphones sold by those carriers. Smartphone owners now… Read More »

Feb 17, 2015 9:14am

West Coast Seaports: Car Shortages Possible Amid Labor Dispute

Morning Money Memo: U.S. businesses are already feeling the pinch from the West Coast seaports dispute. Consumers might be next. Unless there’s a breakthrough soon, car shortages are possible. Honda has ordered a production slowdown at its U.S. and Canadian plants because of a shortage… Read More »

Feb 11, 2015 9:55am

Rite Aid Expands Into Pharmacy Benefits Business

Drug store chains are changing their business models, adapting to big changes in health care. Rite Aid is expanding from running drugstores into managing pharmacy benefits with its $2 billion purchase of EnvisionRx. The company, which runs prescription drug plans for employers and insurers, also… Read More »

Feb 6, 2015 10:24am

Strong Jobs Report Lifts US Stocks

Morning Money Memo: U.S. markets are looking at a strong day on Wall Street, following positive labor market data for last month. Equities are up to start the final trading day of the week, on the heels of a 211-point gain Thursday. January jobs numbers… Read More »

Feb 4, 2015 10:30am

Staples, Office Depot Merger Puts Many Stores at Risk

Morning Money Memo: The two biggest office supply retailers are set to become one. Staples has agreed to buy Office Depot for $6.3 billion, taking a major step toward consolidating the market for paper, pens and other office supplies. The deal, subject to approval by… Read More »

Feb 3, 2015 9:25am

Radio Shack Reportedly ‘Preparing to Shut Down’

It’s a sad day for tinkerers. America could be about to say goodbye to Radio Shack. All its stores may close in the near future. Bloomberg reports Radio Shack “is preparing to shut down the almost-century-old retail chain in a bankruptcy deal that would sell… Read More »

Feb 2, 2015 10:15am

That Sound Could Be Oil Hitting Bottom

Has the price of oil finally hit bottom? After seven straight months of falling costs, concerns about production cuts could lead the market to do a U-turn. That may mean higher gasoline prices in the coming months. The national average may rise as much as… Read More »

By Van Scott

Jan 21, 2015 12:58pm

‘World News Tonight With David Muir’ Improves the Most Year-to-Year in Total Viewers (+10%)

“World News Tonight” is Up in Adults 25-54 (+2%) from the Year Ago Week Season to Date, “World News Tonight” Grows the Most Across All Key Metrics – Total Viewers (+7%), Adults 25-54 (+6%) and Adults 18-49 (+4%) “World News Tonight” is Delivering its Largest… Read More »

Jan 21, 2015 11:32am

Low Oil Price Brings Layoffs at Energy Firm Baker Hughes (BHI)

Morning Money Memo … Falling gasoline prices may be great for consumers, but they’re tough on energy firms and their workers. The latest layoffs announcement comes from the oilfield services firm Baker Hughes, which plans to cut 7,000 employees — 11 percent of its workforce…. Read More »