By ABC News

Aug 15, 2014 9:34am

Box Office Battle: ’80s Action Stars vs. ’80s Action Turtles

Morning Money Memo… ABC News’ John Kapetaneas reports: It will once again be a battle at the weekend box office, only this time with much lower stakes. Sylvester Stallone’s third installment of “The Expendables,” the half-billion dollar series comprised of mostly 1980s action movie stars,… 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 6, 2014 9:02am

Walgreen (WAG) Abandons Plan to Move Overseas

Great expectations … no more. Plans for three big business deals have been shelved. The Walgreen Company plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization – a politically touchy move that would have… 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 »

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 »

By ABC News

Jul 25, 2014 9:37am

Yes, That Lay’s Bag Has Fewer Chips, PepsiCo Says

    Morning Money Memo: ABC News’ John Kapetaneas reports: I knew my snack bag felt lighter! PepsiCo’s signature flavored potato chips are packing “an ounce or two” fewer pieces than the regular Lay’s chips, company CEO Hugh Johnston told The Associated Press. That might… Read More »

By ABC News

Jul 23, 2014 9:25am

StubHub Latest Victim of Cyberthieves

Morning Money Memo: ABC News’ John Kapetaneas reports: You may want to check that ticket again. Nearly 1,000 customers of the online ticket exchange StubHub are the latest victims of cyberthieves. The San Francisco-based, eBay-owned company Tuesday said that while the thieves did not hack… Read More »

Jul 22, 2014 6:59pm

Why OJ Is Getting Squeezed From Breakfast Tables

For generations, orange juice has been the staple of a nutritious breakfast but these days, it’s feeling the squeeze. In June, Americans bought less orange juice than they ever have since the Florida Department of Citrus started keeping track in 2002. Orange juice consumption in… Read More »