Consumer Report
Dec 12, 2014 8:37pm

Think You’re Scoring Great Holiday Deals? Think Twice

With nearly two weeks till Christmas and holiday shoppers starting to feel the crunch, it may feel like bargains are at every corner, but retail experts are saying “Not so fast.” “The bait is that emotional impact of seeing word ‘deal,’” said Cesar Torres, the… Read More »

Economy
Dec 11, 2014 9:13am

Court Takes Ax to Insider Trading Legislation

Morning Money Memo: A federal appeals court has overturned two insider trading convictions in a controversial ruling that could potentially hamper the government’s ability to prosecute financial crimes. The Second Circuit Court of Appeals ruled that trading based on insider information is not always illegal,… Read More »

Companies
Dec 10, 2014 8:48pm

Jolie and Sandler Bear Brunt of Latest Sony Email Leak

Entertainment and electronics company Sony has apparently suffered yet another leak of internal emails. Emails reportedly hacked and leaked claimed to show a top producer criticizing Angelina Jolie’s talent and ego; employees bashing Adam Sandler’s movies; and a talent manager flattering Leonardo DiCaprio in an… Read More »

Consumer Report
Dec 9, 2014 9:53am

How Walgreen Plans to Send Doctor to You – Virtually

A top executive at America’s largest drug store chain, Walgreen, said its new telemedicine service is “all about extending convenience.” Patients will be able to see a doctor without leaving home or even visiting any of the stores’ clinics. Walgreen is partnering with MDLive to… Read More »

Companies
Dec 8, 2014 9:16am

Welcome to the ‘I’m Not Feeling It Yet’ Economy

  Morning Money Memo: The new numbers look great and the experts are telling us the U.S. economy is poised for stronger growth in 2015. Friday’s jobs report was better than expected, while the recent sharp decline in oil and gasoline prices is improving household… Read More »

Economy
Dec 5, 2014 11:45am

Uber Raises Another $1.2 Billion in Funding

Morning Money Memo… Uber is giving users 41 billion reasons to trust its service. The interactive ride-sharing app announced Thursday that it had raised $1.2 billion in additional funding, valuating the company just north of $41 billion. The company is making efforts to display resilience… Read More »

Companies
Dec 3, 2014 9:12am

Bhopal Still Haunts Union Carbide 30 Years Later

Morning Money Memo… Thirty years ago today lethal gas swept through the Indian city of Bhopal, which remains haunted by memories of the world’s worst industrial disaster. Hundreds of survivors of the gas leak from the Union Carbide plant took to the streets today, chanting… Read More »

Companies Consumer Report
Dec 2, 2014 9:08am

Chrysler Uses Cheaper Gas to Rev Up SUV, Trucks Sales

Morning Money Memo…   Plunging gas prices are pushing up sales of SUVs and light trucks. Chrysler’s November were the strongest results since 2001, with Jeep sales soaring 27 percent and Ram pickups up 21 percent. Rational or not, many consumers are betting that today’s… Read More »

Companies
Dec 1, 2014 9:24am

An Anxious Cyber Monday for Retailers After Thanksgiving Sales Bust

Morning Money Memo: The biggest shopping weekend of the year was a bust for some retailers. Early discounting and more online shopping may have put a big dent Black Friday shopping. “Overall shopper traffic from Thanksgiving Day through Sunday dropped 5.2 percent from 2013,” the… Read More »

Consumer Report
Dec 1, 2014 6:00am

Cyber Monday: 6 Ways to Prepare

Even if you’re still recovering from the frenzy of Black Friday shopping, you can simplify your Cyber Monday and Cyber Week shopping with these tips. Retailers often announce their Cyber Monday deals later and with less fanfare than Black Friday promotions, because they want shoppers… Read More »