Oct 20, 2014 9:44am

Apple Pay (AAPL) Aims to Shut Your Wallet, for Good

Morning Money Memo: Starting today, Apple Pay will enable millions of consumers to use their smartphones instead of credit cards to pay for stuff. Apple Pay will work at some retailers only with the iPhone 6 and 6 Plus. Visa, Mastercard, American Express and hundreds… Read More »

By ABC News

Oct 17, 2014 8:15am

Market Seems High on Apple’s (AAPL) Newest Offerings

Morning Money Memo ABC News’ John Kapetaneas reports: Just one month after the launch of the iPhone 6, Apple is once again turning heads with its new product and software development. Apple announced Thursday it will officially launch Apple Pay,” the company’s new mobile payment… Read More »

By ABC News

Oct 16, 2014 6:47pm

Peter Pan Peanut Butter Source of Georgia Pride for Farmers

Sixth-generation peanut farmer John Harrell has been harvesting peanuts for almost 45 years in southwest Georgia. Harrell, 59, is one of 4,500 peanut farmers from whom Peter Pan peanut butter sources its product. From Harrell’s 100-acre Whigham, Georgia, farm, the peanuts are sold to a… Read More »

Oct 16, 2014 8:48am

Global Stock Market Sell-Off Intensifies

Morning Money Memo… The stock market’s global sell-off shows no sign of ending today. European indexes suffered heavy declines in trading this monring. But is the investor panic overdone? “US financial markets are massively over-weighting the importance of the Eurozone slowdown to U.S. growth,” says… Read More »

Oct 15, 2014 8:27am

Cheaper Gas May Mean More Holiday Spending at Stores

  Morning Money Memo: The average U.S. family is saving $50 a month on cheaper gas prices, according to Tom Kloza, senior oil analyst at gasbuddy.com. Average pump costs have dropped 15 percent since June, and more price cuts are in the pipeline. The global… Read More »

By ABC News

Oct 10, 2014 7:42am

Amazon Reported to Be Eyeing Physical Store

Morning Money Memo … ABC News’ John Kapetaneas reports: Is Amazon trying it’s hand at bricks-and-mortar retail? The online powerhouse may have plans to open an outlet in a high-traffic location in New York City, according to the Wall Street Journal. The site, located across… Read More »

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 »