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 »

Oct 2, 2014 8:45am

Subprime Auto Loans Help Fuel Auto Sales Boom

Morning Money Memo… Auto sales are booming with a strong pick-up in demand for light trucks and SUVs. “September was another strong month,” said Karl Brauer, senior analyst at Kelley Blue Book. “The market continues to embrace trucks and SUVs at every price point, with… Read More »

Oct 1, 2014 9:08am

Plastic Bag Makers Fight California’s Ban

Morning Money Memo … Plastic bag makers want voters to throw out California’s new ban on disposable bags. Gov. Jerry Brown signed the bill into law, driven to action by pollution and waste on beaches, streets and in parks. “We’re the first to ban these… 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 »

Sep 25, 2014 9:29am

Commercial Drones Take Off in US, Europe

Morning Money Memo… Commercial drone flights may get a lift from the FAA. Federal regulators are expected to allow seven TV and movie production companies to use drones for filming on sets. Until now, the FAA has banned the use of commercial drones. But two… 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 »