Consumer Report
Apr 2, 2014 9:36am

New Signs of Spring Growth for US Economy

Morning Money Memo: More Americans are finding work. The ADP payroll survey says 191,000 jobs were added by employers last month. That’s back to the average of last year, after a winter slowdown largely blamed on the weather. The February estimate of new jobs was… Read More »

By ABC News

Companies
Apr 2, 2014 7:14am

‘GMA’ Investigates: Are Used Car Dealers Selling Cars With Open Recalls?

ABC News’ Gerry Wagschal reports: You might think when you buy a car from a used car lot that you are hearing everything you need to know about that car. Think again. Carfax, a popular vehicle history reporting service, tells GMA that more than 3… Read More »

Consumer Report
Apr 1, 2014 8:31am

Caterpillar Accused of Avoiding Billions in US Taxes

  Morning Money Memo: The April 15 tax-filing deadline is two weeks from today.  As millions of Americans race to beat the deadline, the giant manufacturing and construction firm Caterpillar Inc. is facing questions about its aggressive tax strategy. A Senate report says Caterpillar avoided… Read More »

Consumer Report
Mar 31, 2014 7:48am

Apple vs. Samsung, the Battle Resumes

  Morning Money Memo: The tech titans return today for another court battle. Apple vs. Samsung is the fiercest rivalry in the world of smartphones and tablets. Billions of dollars are at stake along with bragging rights for innovations that have transformed the way we… Read More »

Companies Consumer Report
Mar 28, 2014 8:00am

Amazon Aims for Bigger Slice of TV Audience

Morning Money Memo… Amazon has big plans for your TV set. The online giant, known for aggressive marketing, is said to be on the verge of announcing a new set-top box. It has set a news media event in New York on April 2. Amazon… Read More »

Companies
Mar 27, 2014 9:04am

Citigroup Feels Effect of Stress Test Failure

Morning Money Memo… The Federal Reserve delivered a surprising blow to Citigroup, saying the giant bank cannot reward investors with stock buybacks and dividends. Citi failed a stress test for the second time in three years. The Fed says the U.S. banking industry is better… Read More »

By Alan Farnham

Consumer Report
Mar 26, 2014 11:53am

Candy Crush IPO Turns Sour

The much-anticipated initial public offering of Candy Crush Saga maker King Digital Entertainment (symbol KING) today turned sour. King priced the offering Tuesday night at $22.50, but the stock opened this morning at $19.98 on the New York Stock Exchange, taking an 11 percent bite…. Read More »

Consumer Report
Mar 26, 2014 8:10am

Why Facebook Is Spending Big Money for Oculus

Morning Money Memo… Is the Oculus Rift the next really big thing in virtual reality? Facebook CEO Mark Zuckerberg is betting on it. Weeks after agreeing to spend $19 billion to buy WhatsApp, Zuckerberg is continuing his spending ways. Facebook has agreed to buy Oculus… Read More »

Consumer Report
Mar 25, 2014 7:49am

Google Glass May Soon Look More Like Ray-Bans

Morning Money Memo… Geeky-looking Google Glass may soon be much more stylish. Luxottica Group, the Italian firm that makes Ray-Ban and Oakley sun glasses, has signed a partnership with Google to design frames for Internet-connected eyewear. The announcement comes just days after news that Fossil… Read More »

Companies
Mar 24, 2014 9:10am

Houston Oil Clean-Up on 25th Anniversary of Exxon Valdez Spill

Morning Money Memo…   Talk about irony. On this 25th anniversary of the Exxon Valdez oil spill, the busy Houston Ship Channel was partially closed because of the weekend spill of nearly 170,000 gallons of tar-like crude. The Coast Guard says barge carrying about 900,000… Read More »