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 »

Nov 19, 2014 9:24am

Takata Pressed to Expand Airbag Recall Nationwide

Morning Money Memo… Federal highway safety regulators want to expand the Takata airbag recall to cover the entire country. Five deaths have been linked to exploding air bags. So far, more than 14 million recalls have been issued globally. Until now, the U.S. recalls of… Read More »

Nov 18, 2014 8:48am

Drugmaker Purchase Part of Wave of Corporate Mergers

Morning Money Memo… Two new takeover deals on Wall Street are just the latest examples of a wave of big corporate mergers. Many large companies recently have gone on a buying spree, taking advantage of soaring stock prices and cheap debt to make takeover bids…. Read More »

Nov 13, 2014 10:15am

Why Warren Buffett Says Berkshire Hathaway (BRK.A) Bought Duracell from P&G (PG)

Morning Money Memo… Berkshire Hathaway, the firm run by billionaire investor Warren Buffett, is buying the Duracell battery business from Procter & Gamble for nearly $3 billion. “I have always been impressed by Duracell, as a consumer and as a long-term investor in P&G and… Read More »

Nov 12, 2014 9:17am

Walmart (WMT) Declares a 5-Day Black Friday

Black Friday will last longer at Walmart. The world’s biggest retailer says its best discounts will be offered on TVs, tablets, toys and other goods over a five day period at the end of this month and into early December. “Black Friday is no longer… Read More »

By ABC News

Nov 7, 2014 7:29pm

Honda Expands Airbag Recall as Frustrated Lawmakers Seek Criminal Probe

As the number of drivers told to immediately replace airbags continued to climb today, members of Congress called for a criminal investigation into Takata Industries, the Japanese manufacturer of the defective airbag parts being recalled, affecting nearly 8 million cars. The push by lawmakers came… Read More »

By ABC News

Nov 4, 2014 6:13pm

2014: Year of the Most Automobile Recalls Ever

A Ford announcement today recalling more than 200,000 of its vehicles for everything from gas leaks to stalling problems helped solidify 2014′s place as the year of the most-ever automobile recalls. Automakers have issued more than 550 recalls for more than 52 million vehicles, according… Read More »

Oct 31, 2014 11:33am

Ready, Set, Shop for Holiday Deals

Morning Money Memo: Online retailers will prepare for the holiday season even earlier this year; Amazon will unveil many of its holiday deals beginning Saturday. Office Depot and Sears will also roll out “Black Friday”-like deals in the coming weeks. Walmart will also reportedly test… Read More »