FedEx Profits Plummet as Consumers Seek Cheaper Options by The Associated Press Jun 19th 2013 9:10AM FedEx posted a bigger than expected quarterly profit as its ground shipment business did well, and the company saw benefits from lower jet fuel prices.
Fed Stimulus Decision Looms; AMA Scrutinizes Energy Drinks by DailyFinance Staff Jun 19th 2013 8:32AM Stock markets have had a bumpy ride ever since Fed Chairman Ben Bernanke hinted at slowing the Fed's stimulus program, leaving many investors wondering, "What's next?"
SEC Wants to Hear 'We Were Wrong' in Future Big Settlements by The Associated Press Jun 19th 2013 7:25AM The chairman of the Securities and Exchange Commission says the agency will start requiring companies and individuals to admit wrongdoing in some big settlements.
When It Comes to Data Collection, Which Companies Can You Trust? by Bruce Watson Jun 19th 2013 5:00AM You can't protect yourself from the NSA, but here's how to figure out which companies are the most careful when it comes to guarding your privacy.
Chrysler Reverses, to Recall 2.7 Million Jeeps Over Fuel Tanks by Reuters Jun 18th 2013 3:13PM Chrysler says it will recall 2.7 million older Jeep models to repair fuel tanks after initially fighting a recall request from U.S. regulators.
Tech's Highest-Paid CEOs by CNNMoney Jun 18th 2013 12:27PM Yahoo's Marissa Mayer is the second-highest paid CEO in the tech world this year. Who's No. 1, and who else made the Top 12 list? Read on:
Here's Why United Was Just Named America's Worst Airline by Matt Brownell Jun 18th 2013 11:37AM United Airlines once again ranked dead-last in customer satisfaction. A recent picture depicting an unfortunate situation in an airplane lavatory gives us some idea why.
Companies Work to Make Processed Food Look Natural by The Associated Press Jun 18th 2013 10:00AM Food companies are coming to grips with the trend among consumers who don't want fast food and packaged snacks that look overly processed.
Prices for Consumer Goods Barely Rise in May by The Associated Press Jun 18th 2013 9:33AM U.S. consumer prices rose slightly in May as higher energy costs were partly offset by cheaper food. The small increase underscores that inflation is mild.
Housing Starts Pick Up in May, But Less Than Forecast by Reuters Jun 18th 2013 8:54AM Housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market.
GE to Build 'Industrial Internet'; AT&T's Bright Idea by DailyFinance Staff Jun 18th 2013 8:34AM GE plans to hire thousands of engineers to build an "industrial Internet," with the aim of allowing business customers to run equipment more efficiently and save billions.
Sprint Sues Dish Network Seeking to Block Clearwire Buyout by Reuters Jun 18th 2013 6:26AM Sprint says it is suing Dish Network to block its offer for Clearwire, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank.
Why Bankrupt W.R. Grace is Thriving by Reuters Jun 18th 2013 5:00AM A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace.
3 Ways Stock Buybacks Hurt Investors by M. Joy Hayes, Ph.D. Jun 18th 2013 5:00AM Walmart's $15 billion stock buyback plan may be popular with investors, but is it really in their best interests? Read this before celebrating buybacks as an unqualified good.
Think Facebook Execs Are Overpaid? Tough Noogies by M. Joy Hayes, Ph.D. Jun 18th 2013 5:00AM Facebook's 2013 proxy voting results suggest most outside shareholders are unhappy with its executive compensation system. Too bad. There's nothing they can do about it.
To Taper or Not? Stocks Rise Ahead of Fed Meeting by The Associated Press Jun 17th 2013 4:30PM Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week. Energy and tech rose the...
U.S. Homebuilder Confidence Soars to 7-Year High in June by Reuters Jun 17th 2013 2:00PM The majority of U.S. homebuilders view conditions in the industry as favorable for the first time since the start of the housing crisis seven years ago, with an industry...
5 Things to Watch on Wall Street This Week by Rick Aristotle Munarriz Jun 17th 2013 1:25PM From a mysterious media event at Facebook to struggling restaurant operator Darden's latest earnings report, here are 5 things that will help shape this week on Wall Street.
Shareholder Urges Smithfield Breakup Over Buyout by IBTimes Jun 17th 2013 12:05PM A big shareholder pushes Smithfield Foods to split itself up and offer itself to other bidders, rather than proceed with a takeover by a Chinese firm.
As Interest Rates Rise, Banks Face New Stress Tests by CNNMoney Jun 17th 2013 9:01AM Banks have mostly been tight-lipped about what rising interest rates would mean for earnings, but they'll soon have to open up a little more to regulators and investors.
Why Best Buy and Microsoft Are Teaming Up by Matt Brownell Jun 17th 2013 5:00AM Microsoft is planning to open 500 store-within-store locations in Best Buys across the country. Here's how these two struggling brands could help each other out.
Which Factory Made That Shirt? Even Retailers Don't Know by Matt Brownell Jun 17th 2013 5:00AM A new report reveals Walmart got clothes from Bangladesh factories it supposedly cut ties with -- again. Here's why it's hard for even retailers to know who made your clothes.
Ex-Workers: BofA Lied, Rewarded Foreclosures with Gift Cards by Reuters Jun 16th 2013 6:00PM Six former Bank of America employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied about mortgage payments and documents.
Potato Growers Say Price-Fixing Charge is Half-Baked by The Associated Press Jun 15th 2013 5:00AM A battle between grocers and potato growers has been silently hitting the pocketbooks of consumers.
Cybercriminals Hacked 15 Financial Firms for $15 Million by Eamon Murphy Jun 14th 2013 12:55PM A group of hackers and identity thieves illegally obtained log-in credentials for customers of 15 financial firms and payment services, stealing millions, authorities say.
Microsoft Offers Office App for iPhone - But With a Catch by TechCrunch Jun 14th 2013 12:05PM Microsoft Office has finally arrived on Apple's iOS in an official app released by Microsoft itself. It's free to download -- but to use it there's a considerable catch.
Sony, Microsoft Face Off; Investors Sour on Lululemon by Rick Aristotle Munarriz Jun 14th 2013 12:00PM Here's a rundown of the week's smartest moves and biggest blunders in the business world.
Follow the Financial Lead of These 3 Money-Savvy Actresses by Caroline Bennett Jun 14th 2013 11:15AM Not all of Hollywood's elite burn through money like it's going out of style. These stars are smart with their finances, and anyone can follow their scripts.
Factory Output Inches Up in May by The Associated Press Jun 14th 2013 9:53AM U.S. factory output barely increased in May after two months of declines, a sign that manufacturing is providing little support for the economy.
Smith & Wesson Earnings Fire Up; Best Buy Boosts Windows by DailyFinance Staff Jun 14th 2013 8:40AM Shares of Smith & Wesson are expected to shoot higher after the gun-maker reported preliminary earnings that beat expectations, following record sales.
Should You Shun Companies That Reject Shareholder Input? by M. Joy Hayes, Ph.D. Jun 14th 2013 5:00AM Given that shareholders are part-owners of the companies they buy, you might think management would welcome their questions and critiques. But that's frequently not the case.
