Aug 18, 2014 8:37am

Dollar General (DG) Counters With Rival Bid for Family Dollar (FDO)

Morning Money Memo: A bidding war is heating up for the struggling discount retailer Family Dollar, and big bucks are involved. Dollar General has made a proposal to acquire Family Dollar for $78.50 per share, or about $9.7 billion. The all-cash bid is more generous… Read More »

By ABC News

Aug 14, 2014 9:47am

Retail Sales Slow, Raising Concerns About Economy

By John Kapetaneas Morning Money Memo… Retailers are posting uneven results this year, but economists and investors are not sounding the warning bells just yet. Although retail sales for the third quarter have gotten off to a slow start, with July’s retail numbers falling below… Read More »

By ABC News

Aug 12, 2014 9:07am

The Business of Robin Williams, by the Numbers

  Morning Money Memo: ABC News’ John Kapetaneas reports: The late Robin Williams’ most iconic roles touched many of our hearts: he made us laugh, he made us cry, he made us experience the theater, stage and television like so few in his craft could…. Read More »

By ABC News

Aug 8, 2014 9:11am

GM Advises SUV Owners to Avoid Garages in 60th Recall

Morning Money Memo ABC News’ John Kapetaneas reports: General Motors is under scrutiny for yet another round of safety recalls, focusing this time on the power switches of several SUV models that could potentially catch fire when left unattended. GM is advising owners of select… Read More »

Aug 5, 2014 9:10am

Now It’s Subprime Auto Loans Under Scrutiny

Morning Money Memo: Federal prosecutors are looking into the booming business of subprime auto loans. The investigation raises questions about whether GM and other firms have been selling questionable auto-loan investments to investors. The recent rise in auto sales has been fueled largely by consumer… Read More »

Aug 4, 2014 8:24am

Best and Worst of Times for GM

Morning Money Memo… These are tough times, yet also really good times for General Motors. As the company’s image takes a nasty hit from the uproar over the delayed recall of cars with faulty ignition switches, sales are soaring. GM sold more than 250,000 vehicles… Read More »

Jul 31, 2014 8:06am

Tesla (TSLA) ‘Gigafactory’ May Expand Electric Car Market

Morning Money Memo… Electric-car maker Tesla Motors and Panasonic, the Japanese-owned electronics firm, have signed an agreement for a giant battery “gigafactory” in the US.  The manufacturing facility would help Tesla become a mass manufacturer of electric cars. Tesla will manage the battery factory and… Read More »

Jul 30, 2014 9:09am

Longer Battery Life for Smartphones?

(Brent Lewin/Getty Images) Morning Money Memo… Research at Stanford University could lead to an answer for the biggest complaint from consumers about their smartphones: short battery life. In a paper published in the Nature Nanotechnology, researchers said they’ve designed a lithium-metal anode that boosts the… Read More »

Jul 29, 2014 8:12am

Southwest Airlines (LUV) Has 30 Days to Answer Fine

Morning Business Memo: Southwest Airlines has 30 days to respond to a proposed $12 million civil fine by The Federal Aviation Administration. The penalty is for repair violations on some of Southwest’s Boeing 737 jets. Regulators say starting in 2006 Southwest made major alterations to… Read More »

Jul 28, 2014 8:55am

Dollar Tree (DLTR) Buying Family Dollar (FDO)

Morning Money Memo… It’s merger Monday and today’s big deal is in the retail industry. Dollar Tree is buying rival discount store Family Dollar for about $8.5 billion. Among the big winners is billionaire investor Carl Icahn, who announced last month that he had purchased… Read More »