Consumer Report
May 22, 2014 8:57am

McDonald’s Critics Have Confrontation on Today’s Menu

Morning Money Memo… McDonald’s is facing more criticism today over its pay scale for workers and marketing high-fat food to children. Critics plan to confront CEO Don Thompson during the question-and-answer portion of the company’s annual shareholders meeting. On Wednesday, McDonald’s closed one of its… Read More »

By ABC News

Consumer Report
May 21, 2014 3:28pm

Dream Mansion in 221 Square Feet Is Small Wonder

Andrew Morrison, 41, lives in what he dubs “the mansion of dreams” with wife Gabriella. His Oregon house is complete with a grand staircase, a cozy master suite and a kitchen that’s worthy of a top chef. “I mean I can do Donna Summer dance… Read More »

Economy
May 21, 2014 7:59am

More GM Recalls Expected, This Time on Newer Models

Morning Money Memo … The crisis over recalls at General Motors may be far from over. America’s biggest auto manufacturer faces more legal and regulatory questions. GM’s stock price is down 20% this year, and it dropped 3.5% Tuesday after more recalls were announced involving… Read More »

Companies
May 20, 2014 9:04am

Chipotle Takes Guns Off Its Menu

Morning Money Memo… Chipotle is asking customers not to bring guns into its stores. The Denver-based company has traditionally complied with local laws. But the re-think came after Chipotle says gun rights advocates recently brought military-style assault rifles into one of its restaurants. “The display… Read More »

Companies
May 19, 2014 9:22am

Consumer Uproar Over AT&T Bid for DirecTV

Morning Money Memo… Consumer groups are in full cry against the proposed takeover of satellite TV company DirecTV by AT&T. “That’s not good for consumers,” says Craig Aaron, president of the non-profit media and technology advocacy group, Free Press. “Their prices end up going up… Read More »

By ABC News

Companies
May 16, 2014 9:46am

JC Penney Rises From the Ashes

Morning Money Memo … ABC News’ John Kapetaneas reports: JC Penney has seen its stock soar nearly 20 percent in after-hours trading after reporting net sales of $2.8 billion as compared to $2.64 billion in the first quarter of 2013. Although the company is not… Read More »

By ABC News

Consumer Report
May 16, 2014 7:28am

‘GMA’ Swims With Sharks: Robin Roberts’ ‘Shark Tank’ Pitch for Fitness Enthusiasts

“Good Morning America” is swimming with the sharks of “Shark Tank,” the hit ABC show that gives people one shot to sell their idea for a new product or service to the panel of business moguls. George Stephanopoulos was the first “GMA” anchor to jump… Read More »

Consumer Report
May 15, 2014 9:33am

Wal-Mart Sales and Profits Drop

Morning Money Memo… Many Americans are struggling to keep up with their daily bills. This morning’s quarterly report from Wal-Mart may be evidence that, despite a growing economy and solid stock market returns, shoppers remain very cautious about their spending. Wal-Mart reported declining U.S. sales… Read More »

Companies Consumer Report
May 14, 2014 8:05am

Netflix Growth Makes It Road Hog of the Internet

Morning Money Memo… Netflix, the king of downloads, is grabbing more bandwidth, and was responsible for 34 percent of all peak-time Internet usage in early 2014. Sandvine, a Canadian networking services firm, says Netflix’s share continues to rise. YouTube dropped from more than 18 percent… Read More »

By ABC News

Consumer Report
May 13, 2014 5:02pm

Real Money: 4 Tips to Help Get You Out of Debt

ABC News’ Linzie Janis and Eric Noll report: Ambre and Eddie Maze of Nashville, Tennessee, are drowning in debt and say they’re so worried about their financial situation that Eddie, a lawyer, took a second job as a taxi driver to keep up with the… Read More »