Oct 9, 2014 9:23am

Oil-Covered Legos Doom Toy Deal With Shell

  Morning Money Memo: Lego will end its decades-long toy marketing partnership with Shell after facing a widely circulated campaign from the environmental group Greenpeace. A YouTube video protesting arctic drilling attracted millions of page views. The Greenpeace posting showed an arctic landscape with Lego… Read More »

Oct 8, 2014 9:29am

Twitter (TWTR) Sues Over Government Surveillance

  Morning Money Memo: Twitter is suing the FBI and the Department of Justice to be able to release more information about government surveillance of its users. The social media company filed a lawsuit in a California federal court Tuesday to publish its full “transparency… Read More »

Oct 7, 2014 8:26am

GM Implores Lackadaisical Consumers to Heed Big Recall

Morning Money Memo: Eight months after General Motors began recalling more than 2 million cars because of a deadly ignition-switch defect, less than half the owners have gotten their vehicles fixed. The parts are available, but many drivers may not know how serious this is…. Read More »

Oct 6, 2014 8:30am

HP (HPQ) Splitting Its Business in 2

Morning Money Memo … Hewlett-Packard confirms it is separating its personal computer and printing business from data storage, servers and software. The aim is to boost productivity. Early on, investors were applauding, pushing up HP’s share price by more than 6 percent early today. The… Read More »

By ABC News

Oct 3, 2014 9:15am

September Jobs Report Exceeds Expectations

Morning Money Memo… ABC News’ John Kapetaneas reports: This morning’s jobs report far exceeded analysts expectations. Total job creation for September was reported at 248,000, exceeding the expected 215,000, and putting job growth once again above 200,000 following August’s disappointing results. “At this pace of… Read More »

By ABC News

Oct 1, 2014 6:16pm

Macy’s Tops List of Retailers Hiring for the Holidays

Today marks 84 days till Christmas and some retailers are handing out early presents for those looking to pick up part-time work (and some much-needed extra cash.) Seven of the US largest retailers are expected to hire a record number of employees this holiday season… Read More »

Sep 30, 2014 9:20am

EBay (EBAY) to Spin Off PayPal Into Separate Business

Morning Money Memo… PayPal is splitting from eBay and will become a separate and publicly traded company next year. The corporate breakup is expected to be completed in the second half of 2015. An EBay announcement today said its board decided that the separation was… Read More »

Sep 29, 2014 9:24am

The Rich Get Even Richer on Forbes 400 List

  Morning Money Memo: Bill Gates is the wealthiest person in America for the 21st straight year, says Forbes magazine. Gates is worth $81 billion, up $9 billion. According to the latest Forbes 400 rankings, the average net worth of each member is $5.7 billion,… Read More »

By ABC News

Sep 24, 2014 5:48pm

In Wake of Home Depot Breach, Report Says 43% of Companies Are Victims

The effects of the Home Depot data breach continued to ripple across the U.S. today as customers reported being hit with thousands of dollars in fraudulent charges, and a food chain announced that it too had suffered a security breach. Home Depot Says 56M Credit… Read More »

Sep 24, 2014 9:10am

WalMart (WMT) Wants to Be Your Low-Cost Bank

  WalMart is giving its customers another reason to come into its stores: banking. The world’s biggest retailer is launching a mobile checking account for its customers that will eliminate some of the fees charged by banks. “Walmart customers want easier ways to manage their… Read More »