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Groupon surprises by failing to net a profit

Posted: February 9th, 2012, 8:09am MST

Groupon has surprised Wall Street by failing to make a profit since becoming a publicly-traded company in late 2011.

Online dating: the science of love at first byte

Posted: February 8th, 2012, 9:30am MST

Online dating sites advertise groundbreaking technology and sophisticated formulas and state-of-the-art programming to help you find your true soul mate. But does it work?

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Posted: February 8th, 2012, 9:30am MST

Sprint loss widens on iPhone costs

Posted: February 8th, 2012, 7:13am MST

Sprint loss widens on iPhone costs

That'll be $2,000 extra for your aisle seat, Mr. Nader

Posted: February 8th, 2012, 4:35am MST

4 Yahoo board members including chair leaving

Posted: February 7th, 2012, 2:09pm MST

Yahoo says four board members, including its chairman, will not seek re-election amid struggles at the company.

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Investor: Facebook’s Zuckerberg has too much control

Posted: February 7th, 2012, 1:52pm MST

One of America’s largest pension funds with an investment portfolio valued at around $145 billion wants to talk to the social-networking site about its corporate governance rules.

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Pro athletes can score winning bonuses

Posted: February 7th, 2012, 10:21am MST

While the players who comprise the last-place teams in all four major sports each make an excellent living, those players' counterparts get well rewarded for winning.

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Concerns over Zuckerberg’s control of Facebook

Posted: February 7th, 2012, 9:51am MST

One of America’s largest pension funds with an investment portfolio valued at around $145 billion wants to talk to the social-networking site about its corporate governance rules.

Univision, Disney look at English news channel

Posted: February 6th, 2012, 6:23pm MST

Univision and Disney are in negotiations to create a 24-hour news channel for Latinos in English, two sources close to the negotiations said Monday.

Eastwood Super Bowl ad for Chrysler turning into a political football

Posted: February 6th, 2012, 2:40pm MST

“Times when we didn’t understand each other … discord and blame …” Clint Eastwood was reading from a script during this ad for Chrysler on Super Bowl Sunday, but the words also can describe the fallout over the ad.

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Eastwood's 'Halftime' is top with msnbc.com users

Posted: February 6th, 2012, 12:00pm MST

Chrysler ignored some of the unwritten rules of Super Bowl advertising — be brief, be funny — for the second year in a row, but it didn’t matter to msnbc.com readers.

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Goldman CEO's side-gig: gay marriage spokesman

Posted: February 6th, 2012, 10:46am MST

Sunday's most surprising ad wasn't aired during the Super Bowl. It was a YouTube video posted by the Human Rights Campaign in which Goldman Sachs chairman and CEO Lloyd Blankfein declared his support for same-sex marriage.

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Posted: February 6th, 2012, 10:46am MST

As Facebook grows up, it courts Madison Avenue

Posted: February 6th, 2012, 7:23am MST

Until recently, Facebook's relationship with the advertising community was at best politely dismissive, at worst outright antagonistic. But now, the social networking giant is eager to work with Madison Avenue.

The cheap items that build billion-dollar companies

Posted: February 6th, 2012, 5:55am MST

By Charles B. Stockdale, 24/7 Wall St. Just because certain products have a low price tag does not mean they cannot sell for billions of dollars. In fact, some of the cheapest products make the most money for their companies. 24/7 Wall St.

Some ugly lessons learned from the Super Bowl ads

Posted: February 6th, 2012, 5:41am MST

Did you see the same Super Bowl ads that I did? If so you're probably like me now planning for the end times. Those 30 second messages paint a pretty dark picture about what is expected of us.

Great game, too bad the ads didn't keep up

Posted: February 5th, 2012, 8:59pm MST

The pressure was on. The tension was thick. And then, there were yawns in between.

Vote for your favorite Super Bowl ad

Posted: February 5th, 2012, 8:32pm MST

There's no question that the Giants and the Patriots played some exciting football tonight, but what about the ads? Did you like the nostalgia of seeing Jerry Seinfeld's and the Soup Nazi's return, and Matthew Broderick echoing Ferris Bueller?

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Posted: February 5th, 2012, 8:32pm MST

Vote, discuss during Super Bowl ads live blog

Posted: February 5th, 2012, 11:25am MST

Companies are spending millions of dollars for 30 seconds of your attention during the big game. So tell them what works and what doesn't as we live blog the ads throughout.

Vote, discuss during Super Bowl ads live blog

Posted: February 5th, 2012, 11:25am MST

Companies are spending millions of dollars for 30 seconds of your attention during the big game. So tell them what works and what doesn't as we live blog the ads throughout.

Boeing checks 787s for carbon fiber delamination

Posted: February 4th, 2012, 11:28pm MST

Boeing is inspecting its newest plane, the 787 Dreamliner for possible repairs to the carbon fiber composite structure of the plane. The issue involves a problem known as delamination.

Companies that wasted the most on the Super Bowl

Posted: February 4th, 2012, 10:14am MST

A 30-second ad spot in this year’s Super Bowl costs an average of $3.5 million. But despite spending this much to reach such a massive audience at once, the results are rarely impressive.

New York sues banks over electronic mortgage system

Posted: February 3rd, 2012, 10:23am MST

New York state Attorney General Eric Schneiderman on Friday accused three major U.S. banks of fraudulently using an electronic mortgage database.

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Posted: February 3rd, 2012, 10:23am MST

Companies paid even lower tax rate than Romney

Posted: February 3rd, 2012, 8:28am MST

According to new data from the Congressional Budget Office, U.S.-based companies paid only 12.1 percent in taxes on profits earned domestically. This is the lowest rate in four decades.

Woman accused of selling fake Facebook stock

Posted: February 3rd, 2012, 7:42am MST

A Wisconsin woman has been charged with theft over accusations she tried to profit from Facebook's much-anticipated plans to go public by selling fake stock in the social media giant.

This Bud's for their best Super Bowl ads of all time

Posted: February 3rd, 2012, 6:02am MST

While other corporations wring their hands over the decision to pay an average of $3.5 million on a 30 second Super Bowl ad in a down economy, The King of Beers continues to spend.

Facebook's $100 billion valuation may be vaporware

Posted: February 2nd, 2012, 2:15pm MST

Facebook was famously born in a Harvard dorm room, which might be why its much-hyped valuation of $75 billion to $100 billion seems to suffer from grade inflation.

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There's more than one way to bet on Facebook IPO

Posted: February 2nd, 2012, 2:06pm MST

While investors decide whether to place their bets on Facebook’s initial public offering of stock, there are plenty of other ways to gamble on one of the biggest IPOs on record.

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Posted: February 2nd, 2012, 2:06pm MST

States have $ signs in their eyes over Facebook IPO

Posted: February 2nd, 2012, 1:39pm MST

Among the myriad investors out there salivating over the prospect of a Facebook initial public offering, there's one group you may not have thought of: people who manage states' finances.

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Facebook offers reasons not to like its shares

Posted: February 1st, 2012, 5:52pm MST

Anyone looking for a reason NOT to invest in the most heavily hyped IPO of the decade need look no further than page 11 of the company's prospectus, filed with federal regulators Wednesday.

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Facebook files for IPO; plans to raise $5B

Posted: February 1st, 2012, 2:53pm MST

Facebook just filed documents paving the way for an initial public offering of stock. Click here to read the filing at the SEC. More shortly ...

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American wants to cut 13,000 workers, pension

Posted: February 1st, 2012, 2:49pm MST

Financially troubled American Airlines announced it's looking to cut 13,000 employees and terminate the company’s defined pension plan as part of its restructuring strategy to emerge from bankruptcy.

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Bankrupt Kodak tries to cancel Oscars date

Posted: February 1st, 2012, 1:04pm MST

Kodak has asked the U.S. bankruptcy court to void an estimated $4 million-a-year contract to have its name on the Hollywood theater that hosts the Oscars as the bankrupt photography company tries to reduce its debt.

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Posted: February 1st, 2012, 1:04pm MST

Acura's Super Bowl ad: Seinfeld and The Soup Nazi

Posted: February 1st, 2012, 11:45am MST

Hot on the heels of their Ferris Bueller remake, Honda (this time for their Acura brand) brings the heavy nostalgia for Super Bowl Sunday again.

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VW 'Star Wars' Super Bowl ad isn't one, sort of

Posted: February 1st, 2012, 10:35am MST

Volkswagen won the peoples' vote last Super Bowl by tugging on the heart strings and evoking Star Wars. The company has done it again. But this is kind of a mess.

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Facebook may delay IPO filing, WSJ says

Posted: February 1st, 2012, 9:40am MST

Facebook isn’t making any friends with the likely delay of its IPO filing. WSJ's 'All Things D' blog says it may not happen until after the market closes at the earliest.

American Airlines may cut up to 15,000 jobs

Posted: February 1st, 2012, 8:23am MST

American Airlines may cut up to 15,000 jobs, or about 10 percent of its workforce, in an effort to cut costs at the struggling carrier, sources familiar with the situation told an NBC affiliate. NBC 5 reported Wednesday that the airline's parent company, AMR Corp.

Poll: Would you buy Facebook stock?

Posted: January 31st, 2012, 4:08pm MST

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Posted: January 31st, 2012, 4:08pm MST

ID theft investigation stops $1.4B in tax refunds

Posted: January 31st, 2012, 11:55am MST

A U.S. government crackdown on suspected identity thieves filing false tax returns stopped $1.4 billion in bad refunds from being sent out in calendar 2011, the tax-collecting Internal Revenue Service said on Tuesday.

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‘Liking’ Facebook’s IPO could be problematic

Posted: January 30th, 2012, 1:29pm MST

When Facebook’s stock eventually hits trading floors, fans who want to get in on the company’s first public stock offering are likely to feel as left out as the Winklevoss twins.

What to watch for in this year's Super Bowl ads

Posted: January 30th, 2012, 11:20am MST

Several brands, including Chevy, Doritos and VW, went into launch mode weeks prior to the kick-off, hoping to get more bang for their bucks.

Union membership rates are no longer falling

Posted: January 30th, 2012, 10:20am MST

After steep declines since 2008, the unionization rate leveled off last year, pointing to what is either a number that just can’t go any lower, a lull in yet more union membership hemorrhaging, or the beginning of a labor turnaround.

Auto parts chain Pep Boys going private

Posted: January 30th, 2012, 9:03am MST

Auto parts chain Pep Boys has agreed to be taken private by the investment firm The Gores Group.

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But seriously folks, these Super Bowl ads didn't need toilet humor or pratfalls

Posted: January 30th, 2012, 4:47am MST

Here are eight highly effective Super Bowl ads that played it straight, and in some cases even tugged at the heart, to get their message across, instead of pratfalls and toilet humor.

Expert who foresaw '08 crash warns of tough decade

Posted: January 28th, 2012, 3:43am MST

Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions ahead of the 2008 financial meltdown, says a conflict with Iran could cause a global recession.

Like us on Facebook, follow us on Twitter!

Posted: January 27th, 2012, 4:55pm MST

We here at The Bottom Line strive to offer you the latest in business and economic news, and we want to hear your thoughts and ideas, too. Now we offer a new way to let your voice be heard -- a Facebook page specifically for msnbc.com business news.

CEOs make huge sums when companies go bankrupt

Posted: January 27th, 2012, 1:12pm MST

CEOs and other top executives of companies that go through Chapter 11 receive robust compensation in the form of salary, stock grants and other benefits.

Facebook poised to file for IPO next week

Posted: January 27th, 2012, 11:43am MST

Facebook looks set to file papers for its public stock offering by as soon next Wednesday, CNBC reported Friday.

For Super Bowl ads, it's the year of social media

Posted: January 27th, 2012, 6:22am MST

The Super Bowl has always been a social event, but during this year's battle pitting the New York Giants against the New England Patriots, getting social will happen on screens and the sofa.

Facebook sues to stop 'likejacking' scammers

Posted: January 26th, 2012, 3:09pm MST

Spammers have come up with a sneaky new way to distribute their message via social media. Facebook and Washington have filed separate lawsuits to stop the scammers.

Judge bars Archie Comics CEO from office

Posted: January 26th, 2012, 2:17pm MST

In a strange twist for a purveyor of clean-cut comic books, a co-CEO of Archie Comics has been barred from the company’s offices for violating an order to reduce her role at the company.

Despite online outrage, Netflix adds customers

Posted: January 26th, 2012, 12:55pm MST

Netflix Inc won back Wall Street's affections on Thursday after adding more U.S. subscribers than expected in the fourth quarter.

Obama's insourcing jobs plan faces an uphill battle

Posted: January 25th, 2012, 3:57pm MST

Can Obama break corporate America’s outsourcing habit by removing tax incentives for companies who take jobs abroad, or rewarding those who bring jobs back home?

Sponsored By: Are your best customers still out there?

Posted: January 25th, 2012, 3:57pm MST

		Winning new customers. It’s the lifeblood of your business — assuming you’re making a personal connection. Pitney Bowes can help you understand prospects using Prospect Analysis. Click to see what you can start doing to grow your business.
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Motorola sues Apple for patent infringement

Posted: January 25th, 2012, 2:13pm MST

Motorola Mobility, which is seeking regulatory approval to be bought by Google Inc., has filed a new lawsuit against Apple Inc., accusing the iPhone maker of infringing its technology patents.

Ex-CEO Scrushy's prison sentence cut

Posted: January 25th, 2012, 1:34pm MST

Disgraced health care executive Richard Scrushy was re-sentenced to a reduced term of 70 months, or nearly six years, in prison, The Associated Press reported Wednesday.

Apple shares soar to record after blowout quarter

Posted: January 25th, 2012, 10:13am MST

Apple’s share price soared to record levels after the high-tech giant posted quarterly results that blew past expectations.

Yogurt dip: Dannon joins Super Bowl party

Posted: January 25th, 2012, 10:08am MST

If turkey is the national dish on Thanksgiving, on Super Bowl Sunday it's pizza, wings, seven-layer dip and beer. Now Dannon plans to bring yogurt to the party.

The business argument in favor of gay marriage

Posted: January 25th, 2012, 9:53am MST

Washington state may soon join Connecticut, Iowa, Massachusetts, New Hampshire, New York, Vermont and the District of Columbia as a state with legal gay marriage. Microsoft and other businesses support the law.

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Posted: January 25th, 2012, 9:53am MST

We love our debit cards, but not our banks

Posted: January 25th, 2012, 5:43am MST

Regulatory changes have made debit cards less lucrative for banks who are trying to introduce new fees to make up for the lost money. Problem is: consumers are dead set against the fees.

Apple posts results: $1 billion a week in profit

Posted: January 24th, 2012, 3:18pm MST

Apple Inc. reported quarterly profits of $1 billion a week for its latest quarter, blowing past Wall Street expectations on robust holiday sales of its iPhones and iPads.

Cost of 10 leading causes of death to US: $1.1 trillion

Posted: January 24th, 2012, 9:42am MST

The overall cost for the top 10 causes of death, which includes direct medical care and the indirect loss of productivity, is far greater when the lost wages of family members are taken into account.

Lots of $50 million dollar men in 2011

Posted: January 24th, 2012, 8:43am MST

A slew of corporate captains have joined one of the most exclusive clubs in corporate America last year: Call them the $50 million men.

Weird: Microsoft now owns 'clicktohump.com'

Posted: January 23rd, 2012, 10:08am MST

Domain name watchdog Fusible.com reports that Microsoft has obtained the sites “clicktohump.com” and “clicktohump.

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Posted: January 23rd, 2012, 10:08am MST

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BlackBerry maker's CEOs hand reins to insider

Posted: January 23rd, 2012, 6:22am MST

Shares of Research In Motion rose 8.6 percent on Wednesday, rebounding after two days of declines on disappointment over the choice of an company insider as the BlackBerry maker's new chief executive.

NYT: Romney fan and private equity poster boy

Posted: January 22nd, 2012, 5:05pm MST

New York Times: Today, many of these private kingdoms rival the nation’s mightiest public companies. In all, the private equity industry oversees $3 trillion in global assets.

Price of gas up 3.5 cents in the past two weeks

Posted: January 22nd, 2012, 2:08pm MST

The average price of gasoline in the United States rose again in the past two weeks, gaining nearly 3.5 cents to about $3.39 a gallon, due in part to higher crude oil prices, according to the nationwide Lundberg Survey.

NYT: Why Apple won't make iPhones in the US

Posted: January 22nd, 2012, 11:32am MST

The New York Times: It isn’t just labor is cheaper abroad. Apple’s executives believe the vast scale of overseas factories as well as the flexibility, and skills of foreign workers have outpaced Americans.

In Paterno death apology, a lesson for CEOs

Posted: January 22nd, 2012, 10:58am MST

Companies screw up all the time, and have to write up statements to apologize for their mistakes. But all too frequently, the apologies are weak, conditional and completely insincere.

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Visa reforms could be a boon for US hotels

Posted: January 20th, 2012, 1:30pm MST

America's hotel industry is ailing and President Obama thinks he has the cure: Make it easier for travelers from China and Brazil to get visas.

Intel names a possible CEO successor

Posted: January 20th, 2012, 12:30pm MST

Intel will promote 20-year company veteran and manufacturing expert Brian Krzanich to the post of chief operating officer, making him a frontrunner to one day replace CEO Otellini.

Kodak told to reorganize business by 2013

Posted: January 20th, 2012, 10:55am MST

Kodak, which filed for bankruptcy protection on Thursday, has received approval to borrow an initial $650 million from Citigroup to remain in business as it tries to sell its imaging patents.

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Which Super Bowl matchup marketers want

Posted: January 20th, 2012, 8:54am MST

When it comes Super Bowl participants, the best matchup for doesn't necessarily involve X's and O's, but rather dollars and cents. And that means rooting for the Giants to beat the 49ers.

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Posted: January 20th, 2012, 8:54am MST

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Microsoft's Windows battles slack PC sales

Posted: January 19th, 2012, 6:57pm MST

Microsoft Corp's fiscal second-quarter profit fell very slightly as lagging computer sales to cash-strapped consumers in the United States and Europe hurt its core Windows business.

Google results fall short; rare miss hurts shares

Posted: January 19th, 2012, 6:57pm MST

Shares of Google Inc fell 8 percent after the Internet giant posted a rare quarterly earnings miss and said money paid by marketers for its search ads decreased for the first time in two years.

Chapter 11 might not be final one for Kodak

Posted: January 19th, 2012, 2:53pm MST

January has been quite a month for iconic brands going belly-up. First Hostess Brands, maker of that oblong, crème-filled snack cake emblazoned in many a childhood memory, filed for bankruptcy.

In Geek Squad City, dead PCs come to life

Posted: January 19th, 2012, 8:41am MST

It's called Geek Squad city: a 240,000 square-foot warehouse where up to 4,000 broken laptops, smart phones and tablets get a chance for a second life.

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Posted: January 19th, 2012, 8:41am MST

Companies that will be most-profitable in 2012

Posted: January 19th, 2012, 5:30am MST

Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple is likely to pass Exxon Mobil as the most profitable.

Kodak files for bankruptcy, secures financing

Posted: January 18th, 2012, 11:19pm MST

Eastman Kodak Co filed for bankruptcy on Thursday in a bid to survive a liquidity crisis after years of falling sales related to the decline of its namesake film business.

7 charged in $62M Dell insider-trading case

Posted: January 18th, 2012, 11:37am MST

NEW YORK (Reuters) - Seven people were charged with a scheme to reap nearly $62 million in illegal profits on trades on Dell Inc shares, the latest salvo in a sweeping probe of suspicious trading at hedge funds.

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These are the states hemorrhaging red ink

Posted: January 18th, 2012, 8:46am MST

Balancing the budget is not just a federal problem, but a state one as well. The Great Recession resulted in some of the worst state revenues and budget shortages of all time.

More arrests in U.S. insider trading probe: source

Posted: January 18th, 2012, 5:40am MST

(Reuters) - The FBI is in the process of arresting Anthony Chiasson, who co-founded the Level Global Investors hedge fund, and others as part of the government's sweeping probe into insider trading, a person familiar with the matter said on Wednesday.

World Bank warns of downturn worse than 2008

Posted: January 18th, 2012, 3:57am MST

The World Bank warned of a possible slump in global economic growth and urged developing countries to prepare for shocks that could be more severe than the 2008 crisis.

Yahoo co-founder Yang resigns from company

Posted: January 17th, 2012, 3:18pm MST

Yahoo co-founder Jerry Yang is leaving the struggling Internet company, as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader.

Banks rely on lending as trading profits shrink

Posted: January 17th, 2012, 1:37pm MST

The nation’s biggest banks are getting back to the business of writing loans to businesses and consumers after another year of dismal returns from in-house investment trading.

Government to cut pay for Fannie, Freddie CEOs

Posted: January 17th, 2012, 11:55am MST

Future chief executives of Fannie Mae and Freddie Mac, the government-run housing finance companies, will receive pay packages worth substantially less than the multi-million-dollar deals granted the current CEOs, the chief regulator for the agencies said on Tuesday.

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The most hated companies in America

Posted: January 17th, 2012, 5:43am MST

Customers, employees, shareholders and taxpayers hate large corporations for many reasons. 24/7 Wall St. reviewed data to choose the 10 most hated in America.

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Posted: January 17th, 2012, 5:43am MST

		Winning new customers. It’s the lifeblood of your business — assuming you’re making a personal connection. Pitney Bowes can help you understand prospects using Prospect Analysis. Click to see what you can start doing to grow your business.
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Cracker Barrel founder Dan Evins dead at 76

Posted: January 16th, 2012, 12:51pm MST

The founder of the Cracker Barrel Old Country Store chain, Dan Evins, has died at 76.

Casino plans sprout in US as states seek revenue

Posted: January 14th, 2012, 11:19pm MST

A Malaysian company's plan to build a $4 billion convention center and big-time casino on the outskirts of New York City could be the biggest shot fired yet in a tourism arms race.

FTC expands Google antitrust probe, source says

Posted: January 13th, 2012, 5:26pm MST

U.S. regulators looking at whether Google manipulates its search results to favor its own products have expanded the probe to include Google+, a source familiar with the probe said on Friday.

Apple audit shows suppliers used child labor

Posted: January 13th, 2012, 11:11am MST

Apple has released an audit of its major suppliers, saying it found a number of violations including breaches in pay, benefits and environmental practices in plants in China.

Home Depot hiring 70,000 seasonal workers

Posted: January 12th, 2012, 7:52am MST

Home improvement retailer Home Depot said Thursday it has started to hire 70,000 seasonal workers for the spring, the company’s busiest selling and hiring season.

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Posted: January 12th, 2012, 7:52am MST

Watchdog accuses IRS of lying to tax dodgers

Posted: January 11th, 2012, 3:08pm MST

The IRS has persuaded U.S. taxpayers to disclose hidden offshore bank accounts but then sometimes failed to cap the penalties, as promised, an agency watchdog said on Wednesday, accusing the IRS of "bait and switch."

Buffet challenges GOP dollar-for-dollar on debt

Posted: January 11th, 2012, 2:48pm MST

Warren Buffett is willing to put his money where his mouth is, if only congressional Republicans would join him.

CEO: Archer Daniels Midland to cut 1,000 jobs

Posted: January 11th, 2012, 12:07pm MST

Agribusiness conglomerate Archer Daniels Midland Co. announced plans Wednesday to cut 1,000 mostly salaried jobs as it navigates volatile global crops markets.

More see class conflict between rich and poor

Posted: January 11th, 2012, 12:03pm MST

A survey released Wednesday finds that 66 percent of Americans see strong or very strong conflicts between rich and poor people. That’s a 19 percentage point increase over 2009.

Pepsi Beverages pays $3.1M in racial bias case

Posted: January 11th, 2012, 11:51am MST

Pepsi Beverages Co. has agreed to pay $3.1 million to settle federal charges of race discrimination for using criminal background checks to screen out job applicants — even if they weren't convicted of a crime.

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Posted: January 11th, 2012, 11:51am MST

		Find prospects that match the profiles of your best customers. Then create communications that speak to each one personally. At Pitney Bowes, that’s how we help companies like yours grow. View our video to get started.
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As Romney rises, private equity titans fear spotlight

Posted: January 11th, 2012, 9:38am MST

NYT: The attacks on GOP frontrunner Mitt Romney over his years at private equity firm Bain Capital is unnerving many buyout executives, especially those who support the GOP.

Twinkies maker files for bankruptcy protection

Posted: January 11th, 2012, 5:57am MST

Hostess Brands Inc., baker of such iconic American brands as Twinkies, Ding Dongs, Ho Ho's and Wonder Bread, has filed for bankruptcy protection, blaming rising labor costs.

Even in death Jobs gives Apple a positive buzz

Posted: January 11th, 2012, 5:17am MST

Apple was among the companies that received the most positive buzz last year, with those positive feelings spiking in October around the time Jobs passed away.

CEO who led Fannie after gov't takeover to quit

Posted: January 10th, 2012, 4:29pm MST

The executive who was appointed to lead mortgage giant Fannie Mae in 2009 after the federal government seized the company plans to step down as its CEO.

Dog beats out Kardashian for Skechers Super Bowl ad

Posted: January 10th, 2012, 3:40pm MST

Reality television star Kim Kardashian has taken a lot of flak for her 72-day marriage to New Jersey Nets player Kris Humphries. But she probably never dreamed that she’d be bested by a dog.

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Posted: January 10th, 2012, 3:40pm MST

		Find prospects that match the profiles of your best customers. Then create communications that speak to each one personally. At Pitney Bowes, that’s how we help companies like yours grow. View our video to get started.
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Fed investments send $76.9 billion to Treasury

Posted: January 10th, 2012, 11:31am MST

The Federal Reserve paid the federal government $76.9 billion in 2011, the second highest amount in history. The central bank earned the money from investments made to bolster the U.S. economy.

Companies that pay no income tax on the rise

Posted: January 10th, 2012, 9:22am MST

An increasing number of U.S. companies don’t pay a dime in income taxes to the federal government because of a special structure that passes profits along to investors who then pay the taxes.

Struggling Kodak restructures to stay in the picture

Posted: January 10th, 2012, 7:23am MST

Kodak is restructuring to simplify its business and cut costs as it struggles to transform itself in the face of its shrinking film business.

Apple's Tim Cook could top CEO pay list in '11

Posted: January 9th, 2012, 6:46pm MST

Tim Cook could well end up being the highest paid CEO in America in 2011, after Apple Inc. granted him a million restricted stock units last August for taking the reins shortly before cofounder Steve Jobs died.

Motorola an albatross around Google's neck

Posted: January 9th, 2012, 2:38pm MST

Motorola is a huge, sick elephant in a completely different business than Google's. And it will be climbing aboard Google's back at a time when its business is rapidly deteriorating.

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Posted: January 9th, 2012, 2:38pm MST

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Wall Street pay falls victim to a volatile year

Posted: January 9th, 2012, 8:23am MST

Cue the world's smallest violin? Ahead of fourth-quarter earnings reports from major banks, compensation at 34 big financial firms in 2011 is projected to plummet.

Locals call BP's feel-good Gulf ads 'propaganda'

Posted: January 8th, 2012, 12:24pm MST

Nearly 20 months after its massive Gulf of Mexico oil spill BP is pushing a slick nationwide public relations campaign to persuade Americans that the Gulf region has recovered.

Amid auto party, Detroit has little to celebrate

Posted: January 8th, 2012, 12:14pm MST

Bill Perkins, a Detroit-area car dealer, has ample reason to raise a glass in the early days of January.

Subprime suicide: Notorious broker found dead

Posted: January 6th, 2012, 10:30am MST

A disgraced securities broker who was one of the subprime mortgage market's chief magicians was found dead of an apparent suicide in his South Florida condo this week. Cliff Popper seemingly creating wealth out of thin air — until it all collapsed in 2007.

Romney's steel skeleton in the Bain closet

Posted: January 6th, 2012, 8:55am MST

Bain's failed investment in the Kansas City steel mill offers a perspective on a largely overlooked chapter in Romney's business record: His firm's brush with a U.S. bailout.

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Posted: January 6th, 2012, 8:55am MST

Super Bowl ads are expensive, but worth it

Posted: January 6th, 2012, 8:02am MST

When will a Super Bowl commercial stop being cost effective? Probably never. Or at least until people stop drinking, snacking and most importantly, watching TV.

Global economy could endure disaster for a week

Posted: January 6th, 2012, 6:26am MST

LONDON (Reuters) - The global economy could withstand widespread disruption from a natural disaster or attack by militants for only a week as governments and businesses are not sufficiently prepared to deal with unexpected events, a report by a respected think-tank said.

Super Bowl ads are expensive, but worth it

Posted: January 6th, 2012, 5:38am MST

When will a Super Bowl commercial stop being cost effective? Probably never. Or at least until people stop drinking, snacking and most importantly, watching TV.

More millionaires facing IRS audit, data shows

Posted: January 5th, 2012, 5:40pm MST

One in eight people earning at least $1 million annually was audited by the Internal Revenue Service last year, making them far likelier to be examined than those making below $200,000.

Boeing to close Kansas defense plant

Posted: January 4th, 2012, 1:32pm MST

Boeing, for decades the brand that helped support Wichita's claim as the aviation capital of the world, announced it will shut down facilities in the city by the end of 2013 as it deals with defense spending cutbacks.

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Posted: January 4th, 2012, 1:32pm MST

Kodak working on bankruptcy filing — report

Posted: January 4th, 2012, 1:02pm MST

Kodak is working on a Chapter 11 bankruptcy protection filing that could be filed as soon as this month or early February if it cannot sell its digital patents, The Journal reported.

Can Scott Thompson save Yahoo?

Posted: January 4th, 2012, 12:31pm MST

The big question for Yahoo’s new CEO may not be whether he’ll succeed in turning around the struggling web company, but whether he’ll also end up cursing out the board as his predecessor did. Today Yahoo Inc.

Obama names new consumer watchdog

Posted: January 4th, 2012, 11:54am MST

President Barack Obama has used a recess appointment to name Richard Cordray as the nation's chief consumer watchdog despite strong Republican opposition.

Vote in Doritos Super Bowl amateur ad contest

Posted: January 4th, 2012, 11:38am MST

Doritos again this year rolls out their “Crash the Super Bowl” competition which allows amateur filmmakers a chance to come up with an ad that will be shown during the big game.

Obama to name new consumer watchdog

Posted: January 4th, 2012, 8:27am MST

President Barack Obama will use a recess appointment to name Richard Cordray as the nation's chief consumer watchdog despite strong Republican opposition, senior administration officials said,

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Posted: January 4th, 2012, 8:27am MST

Yahoo names PayPal exec as CEO

Posted: January 4th, 2012, 8:02am MST

Yahoo Inc. has named Scott Thompson, president of eBay Inc.'s PayPal division, as its new CEO.

Yahoo to name new CEO, report says

Posted: January 4th, 2012, 6:11am MST

Yahoo is poised to name PayPal President Scott Thompson as chief executive after firing former CEO Carol Bartz in September, website AllThingsD reported.

New York Times increases its price by 50 cents

Posted: January 3rd, 2012, 3:29pm MST

The price of The New York Times has gone up by 50 cents.

NBC sells out Super Bowl advertising spots

Posted: January 3rd, 2012, 11:11am MST

Super Bowl spots are still the hottest ticket in advertising.

Bet on these brands for a comeback in 2012

Posted: January 2nd, 2012, 10:04am MST

“In times of uncertainty, we tend look back. We long for seemingly simpler times,” says Chris Anderson, a director of Omnicom Group’s marketing agency The Marketing Arm.

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Posted: January 2nd, 2012, 10:04am MST

NYT: CEO stock options yield tax boon for firms

Posted: December 30th, 2011, 6:53am MST

NYT: Thanks to a quirk in tax law, companies can claim a tax deduction in future years that is much bigger than the value of the stock options when they were granted to executives.

The most-viewed business stories of 2011

Posted: December 30th, 2011, 5:20am MST

There were plenty of weighty issues to learn about and discuss, but sometimes readers just like the cute kid in the Darth Vader outfit, Steve Jobs or an odd ATM receipt.

Del. court says ex-HP CEO can't keep letter secret

Posted: December 29th, 2011, 2:36pm MST

Former Hewlett-Packard CEO Mark Hurd's efforts to impress an HP event hostess included showing her his checking-account balance holding over $1 million, according to a letter detailing the sexual harassment allegations that led to his ouster.

'Hillbillies'' Elly May settlin' suit over Barbie

Posted: December 29th, 2011, 11:47am MST

The actress who played tomboy Elly May Clampett on 1960s television show "The Beverly Hillbillies" has settled her lawsuit against Mattel over a Barbie doll based on her character.

The biggest new product flops of 2011

Posted: December 29th, 2011, 5:34am MST

A number of incredible new products were launched this year. Apple introduced the iPhone 4S, Boeing’s Dreamliner flew, and others. Then there were the Playbooks, Volts, and Quicksters of the year.

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Posted: December 29th, 2011, 5:34am MST

Bugs may be resistant to genetically modified corn

Posted: December 28th, 2011, 2:33pm MST

One of the nation's most widely planted crops — a genetically engineered corn plant that makes its own insecticide — may be losing its effectiveness because a major pest appears to be developing resistance more quickly than scientists expected.

Companies rate consumers with new scores

Posted: December 28th, 2011, 10:50am MST

Companies are getting smarter at predicting your next move.

Oil giant's shell game nets elderly farmers

Posted: December 28th, 2011, 9:18am MST

Energy company hid behind a paper-only firm with no real operations to avoid paying bonuses to farmers to drill on their land, a Reuters investigation finds.

Berkshire completes Omaha World-Herald deal

Posted: December 26th, 2011, 1:42pm MST

Berkshire Hathaway Inc. has completed the purchase of company chairman Warren Buffett's hometown newspaper, the Omaha World-Herald.

Judge rules Stanford competent to stand trial

Posted: December 22nd, 2011, 3:01pm MST

Jailed Texas financier R. Allen Stanford is mentally competent to stand trial on charges he bilked investors out of $7 billion in a massive Ponzi scheme, a judge ruled Thursday

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Posted: December 22nd, 2011, 3:01pm MST

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Strange bedfellows: Gingrich and AshleyMadison.com

Posted: December 22nd, 2011, 11:56am MST

Celebrity endorsements are nothing new in the world of advertising, but one dating Web site is running an ad campaign that probably isn’t such welcome publicity to the famous faces involved. AshleyMadison.

America's most promising companies: Top 20

Posted: December 22nd, 2011, 5:49am MST

These privately held up-and-comers have compelling business models, strong management, notable customers, strategic partners and precious investment capital.

Victims in mortgage case could get thousands

Posted: December 21st, 2011, 3:54pm MST

Consumers who were victims of mortgage discrimination could get anywhere from $500 to thousands of dollars each as a result of a settlement announced Wednesday by the Justice Department.

Experts say Stanford isn't competent for trial

Posted: December 21st, 2011, 2:40pm MST

Medical experts for jailed Texas financier R. Allen Stanford continued making their case Wednesday that he is not competent to be tried next month on charges he bilked investors out of $7 billion in a massive Ponzi scheme.

BofA to pay record $335 million over bias case

Posted: December 21st, 2011, 1:22pm MST

Bank of America Corp's Countrywide Financial unit agreed on Wednesday to pay a record $335 million to settle civil charges that it discriminated against minority homebuyers.

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Posted: December 21st, 2011, 1:22pm MST

Where's MF clients' money? Follow the emails

Posted: December 21st, 2011, 9:06am MST

Who knew what and when about an estimated $1.2 billion worth of client finds missing from the accounts of now-bankrupt broker MF Global Holdings Ltd? The answer to that question is vexing a slew of regulators, the FBI, and of course the clients who would like their money back.

Amazon considered buying BlackBerry maker

Posted: December 21st, 2011, 8:36am MST

Research In Motion Ltd has turned down takeover overtures from Amazon.com Inc and other potential buyers because the BlackBerry maker prefers to fix its problems on its own.

European debt tops list of business stories of '11

Posted: December 21st, 2011, 5:34am MST

Europe took the financial world on a stomach-churning ride in 2011.

Europe defies US over airline carbon tax

Posted: December 21st, 2011, 4:51am MST

Europe's highest court has upheld the EU's right to impose its carbon cap-and-trade scheme on international airlines, rejecting an appeal from U.S. carriers.

Microsoft: ITC judge rules against Motorola

Posted: December 20th, 2011, 4:23pm MST

A trade panel judge ruled that Motorola Mobility infringed Microsoft's patented technology in making its Android cellphones, Microsoft said on Tuesday.

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T-Mobile customers OK, for now, after failed deal

Posted: December 20th, 2011, 12:36pm MST

For customers of T-Mobile USA, the failure of AT&T’s $39 billion bid for their wireless carrier may be a blessing, and not even in disguise.

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Fed proposes new, tougher rules for big banks

Posted: December 20th, 2011, 12:04pm MST

The Federal Reserve says the largest U.S. banks and financial companies should hold extra cash on their balance sheets to cushion themselves against financial crises.

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NYT: Apple wins partial victory in smartphone claim

Posted: December 19th, 2011, 5:04pm MST

A federal agency ruled on Monday that a set of important features commonly found in smartphones are protected by an Apple patent, a decision that could force changes in how Google’s Android phones function, making them less convenient.

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AT&T, facing fight, drops T-Mobile bid

Posted: December 19th, 2011, 3:24pm MST

AT&T says it has agreed with Deutsche Telekom to ends its bid to buy T-Mobile USA after facing fierce government objections.

Ex-Madoff controller pleads guilty to conspiracy

Posted: December 19th, 2011, 3:04pm MST

The former controller for imprisoned financier Bernard Madoff blamed him Monday for directing her to deceive investors, regulators and the Internal Revenue Service as she pleaded guilty to conspiracy and other charges.

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Research in Motion abandon the BlackBerry?

Posted: December 19th, 2011, 12:55pm MST

It might seem like corporate heresy but an increasing number of technology investors and experts are asking whether Research in Motion needs to ditch its BlackBerry handset.

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Fed bank oversight rules could come this week

Posted: December 19th, 2011, 11:49am MST

The Federal Reserve is expected to release this week a highly anticipated proposal for how it will oversee the largest U.S. banks, a person familiar with the plan said on Monday.

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The worst-run companies in America

Posted: December 18th, 2011, 11:04am MST

Many big public corporations also did very poorly. Several nearly destroyed their business and dragged down shareholder value with it.

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Judge dismisses $1B lawsuit against Microsoft

Posted: December 16th, 2011, 5:12pm MST

A federal judge on Friday dismissed a Utah company's $1 billion federal antitrust lawsuit against Microsoft Corp. after a jury failed to reach a unanimous verdict.

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Comcast CEO fined for failing to report transaction

Posted: December 16th, 2011, 4:01pm MST

The CEO of Comcast Corp., Brian Roberts, has agreed to pay a $500,000 civil fine to settle charges that he failed to notify the government of his acquisition of stock.

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'Rudy' inspiration charged with securities fraud

Posted: December 16th, 2011, 2:19pm MST

Daniel Ruettiger, who gained fame as the underdog football player at the University of Notre Dame and inspired the 1993 movie "Rudy," was sued Friday by the SEC.

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Posted: December 16th, 2011, 2:19pm MST

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Cats with thumbs top list of 2011's funniest ads

Posted: December 16th, 2011, 6:43am MST

What do a cat with opposable thumbs, a Sasquatch, and a pug with supersized strength have in common (besides that, as far as anyone knows, they’re all mythical)?

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Small business loans fall to 12-year low

Posted: December 16th, 2011, 5:22am MST

New federal data show that the number of small bank loans to business has fallen to the lowest point in more than a decade, cutting the flow of money to a sector that's usually a job-creation powerhouse.

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Domino's top boss is CBNC's best CEO of 2011

Posted: December 15th, 2011, 1:58pm MST

Patrick Doyle, Domino's Pizza president & CEO, reduced the company's total debt by $200 million since the end of 2007. The stock is up 110 percent year-to-date.

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5 brands most likely to be gone by 2015

Posted: December 15th, 2011, 9:18am MST

A survey identified a distinct pattern of worst practices, and none of these struggling companies was seen as being guilty of having only one in play.

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Posted: December 15th, 2011, 9:18am MST

		Winning new customers. It’s the lifeblood of your business — assuming you’re making a personal connection. Pitney Bowes can help you understand prospects using Prospect Analysis. Click to see what you can start doing to grow your business.
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Morgan Stanley to cut 1,600 jobs in first quarter

Posted: December 15th, 2011, 8:35am MST

Morgan Stanley will cut 1,600 employees in the first quarter, the bank said on Thursday, as it trims costs in a difficult period for trading and banking revenue.

Luxury designer raises nearly $1 billion in IPO

Posted: December 14th, 2011, 5:31pm MST

Luxury lifestyle company Michael Kors Holdings raised nearly $1 billion in an initial public offering that was priced well above the expected price range.

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Lawmakers kill cell phone robo-call bill

Posted: December 14th, 2011, 5:23pm MST

Rep. Lee Terry got the hint. The robo-calls bill is dead. The bill (H.R. 3035) would have allowed “robo-calls” to your cell phone — even if you didn’t give a company permission to contact you at that number.

Arab nonprofit network refusing Lowe's donations

Posted: December 14th, 2011, 5:04pm MST

A network of 22 Arab-American nonprofits says its members will no longer accept donations from Lowe's.

CNBC's best and worst CEOs of 2011

Posted: December 14th, 2011, 4:12pm MST

It's time to peek into the corporate boardrooms and see who's been naughty and who's been nice. CNBC's Brian Sullivan and Herb Greenberg take a look at their picks for the best and worst, respectively, CEOs of 2011.

Postal service delays closures until mid-May

Posted: December 13th, 2011, 1:47pm MST

The U.S. Postal Service has agreed to delay shutting 252 mail processing centers and 3,700 local post offices until mid-May, The Associated Press reports.

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US Mint says goodbye to $1 Presidential coins

Posted: December 13th, 2011, 12:33pm MST

Vice President Joseph Biden announced on Tuesday that the U.S. Mint would halt the production of those pesky $1 coins for circulation, because they’re not exactly in demand.

Corzine: I never authorized 'misuse' of money

Posted: December 13th, 2011, 11:57am MST

A financial-exchange executive said Tuesday that Jon Corzine might have known that MF Global tapped clients' money to lend to a European affiliate of the firm.

Holiday gift idea? Dunder Mifflin paper

Posted: December 13th, 2011, 11:28am MST

Reams of Dunder Mifflin paper, based on the fictional company from NBC's sitcom "The Office," can be found soon in a major office supply store near you.

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Three years on, WaMu eyes bankruptcy exit

Posted: December 13th, 2011, 7:38am MST

It was the biggest bankruptcy ever by a U.S. bank, but three years after filing for Chapter 11 , Washington Mutual Inc. is seeing a light at the end of the reorganization tunnel.

Justice, AT&T agree to put off antitrust trial

Posted: December 12th, 2011, 12:58pm MST

AT&T Inc. and two of its rivals have agreed to postpone their lawsuits over AT&T's acquisition of T-Mobile USA now that the $39 billion deal is in jeopardy.

Most would blow the whistle for a payout

Posted: December 12th, 2011, 10:24am MST

A new survey finds that most people would be willing to report their companies’ bad behavior — if they could do it anonymously and without fear of retribution, and get a financial reward.

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NYU to offer classes on Occupy Wall Street

Posted: December 9th, 2011, 1:47pm MST

New York University plans to offer two classes covering the Occupy Wall Street movement next semester, according to a report in The Wall Street Journal.

Facebook IPO sparks dreams of riches, adventure

Posted: December 9th, 2011, 8:36am MST

The most anticipated stock market debut of 2012 is expected to value Facebook at as much as $100 billion and mint at least a thousand new millionaires.

Giant Eurobank accused of gouging US consumers

Posted: December 8th, 2011, 4:41pm MST

The U.S. arm of Europe’s largest bank, Banco Santander S.A., is accused in a flurry of lawsuits of violating consumer laws by hounding Americans after purchasing their auto loans. Msnbc.com's Bob Sullivan has the story.

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Posted: December 8th, 2011, 4:41pm MST

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Boeing machinists union ratifies labor deal

Posted: December 8th, 2011, 6:33am MST

Boeing Co's biggest labor union on Wednesday ratified a four-year contract extension, ensuring the best-selling 737 narrowbody will be built in Washington state.

Corzine: I don't know where missing MF money is

Posted: December 8th, 2011, 5:33am MST

Former NJ Governor Jon Corzine tells lawmakers he does not know where the millions of dollars missing from MF Global accounts is. He adds that he was stunned when he heard about the missing funds.

Martha Stewart extends unlikely comeback

Posted: December 7th, 2011, 5:05pm MST

With a major new alliance with J.C. Penney Co. and a new hot-selling book, Martha Stewart, the doyenne of entertaining, is celebrating an improbable comeback.

States doing most (and least) to spread wealth

Posted: December 7th, 2011, 10:37am MST

24/7 Wall St. examined government spending by state in a number of categories to identify those that give the most and least in money and benefits to their residents.

Nextflix CEO: We will be fine despite ourselves

Posted: December 7th, 2011, 10:37am MST

To hear Netflix CEO Reed Hastings tell it, the bone-headed decisions that have dragged down the Internet's leading video subscription service during the past five months eventually will be forgotten like a bad movie made by a great film director.

Citigroup to cut 4,500 jobs, take $400M charge

Posted: December 7th, 2011, 6:50am MST

Citigroup Inc. is eliminating 4,500 jobs in its latest effort to cut costs. The bank will take a $400 million charge in the fourth quarter as a result.

Court OK's Lehman plan to exit bankruptcy

Posted: December 6th, 2011, 2:43pm MST

* Lehman proposes to exit court process in early 2012

MF Global workers sue Corzine, other execs

Posted: December 6th, 2011, 7:05am MST

Past and present MF Global employees sued ex-CEO Jon Corzine and other executives over alleged misrepresentations they say destroyed the value of the company's stock.

Businesses to feel first-class mail changes

Posted: December 5th, 2011, 5:27pm MST

For some mail-dependent businesses, quick and cheap first-class mail service from the U.S. Postal Service is still the best way to reach prospective customers and subscribers. And for many, it's still an important way to get paid.

Dunn, ex-HP chairwoman, dies after cancer bout

Posted: December 5th, 2011, 4:10pm MST

Patricia Dunn, the former Hewlett-Packard Co. chairwoman who authorized a boardroom surveillance probe that ultimately sullied her remarkable rise from investment bank typist to the corporate upper class, has died after a long bout with cancer. She was 58.

Post Office to slow first-class deliveries

Posted: December 5th, 2011, 6:05am MST

Unprecedented cuts by the U.S. Postal Service will slow first-class delivery next spring and, for the first time in 40 years, eliminate the chance for stamped letters to arrive the next day.

The best states for jobs

Posted: December 5th, 2011, 5:37am MST

Most of the states expecting strong job gains have one thing in common: they are right-to-work states.

Is FarmVille developer Zynga worth $9 billion?

Posted: December 5th, 2011, 5:28am MST

Getting consumers to pay real money for virtual goods was a tough nut to crack, but Zynga might have an even harder time convincing investors that it is worth $9 billion.

House panel subpoenas Corzine over MF Global

Posted: December 2nd, 2011, 8:54am MST

The House Agriculture Committee has subpoenaed Jon Corzine, the former governor and senator from New Jersey, to testify at a hearing about now-bankrupt MF Global.

RIM's problems deepen; writes off Playbook

Posted: December 2nd, 2011, 7:39am MST

Research In Motion Ltd., the struggling maker of the BlackBerry phones, is writing off much of its inventory of PlayBook tablets, since it has to sell them at a deep discount.

Zynga plans to raise $925 million in IPO

Posted: December 2nd, 2011, 5:46am MST

Zynga Inc could raise $925 million, less than previously planned, in what is still one of the largest and most hotly anticipated Internet IPOs in years.

The best- and worst-run states in the US

Posted: December 1st, 2011, 5:51am MST

For the second year, 24/7 Wall St. has reviewed data on financial health, standard of living and government services by state to determine how well each is managed. Based on this data, 24/7 Wall St. ranked the 50 from best to worst. The best-run is Wyoming. The worst-run is California.

Warren Buffett buys his hometown newspaper

Posted: November 30th, 2011, 11:00am MST

Warren Buffett's Berkshire Hathaway said Wednesday that it is buying the Omaha World-Herald Co. and expanding the firm's newspaper holdings despite Buffett's misgivings about the industry.

Utah again named the best state for business

Posted: November 29th, 2011, 6:14am MST

Utah repeats this year as Forbes Best State for Business and Careers in our sixth annual look at the business climates of the 50 states.

American Airlines files for bankruptcy reorganization

Posted: November 29th, 2011, 5:23am MST

American Airlines and its parent company AMR Corp. have filed for Chapter 11 bankruptcy reorganization, the company said Tuesday.

Report: Facebook to file IPO between April, June

Posted: November 28th, 2011, 4:27pm MST

Judge rejects $285M SEC-Citigroup settlement

Posted: November 28th, 2011, 10:16am MST

A federal judge in New York has struck down a $285 million settlement that Citigroup reached with the Securities and Exchange Commission, citing a need for truth about the financial markets.

Wall Street pay, bonuses to plummet this year

Posted: November 28th, 2011, 9:55am MST

Annual compensation for financial industry workers firms could dip by 27-30%. The areas that will see the biggest drops include currencies, commodities and bond trading, a study shows.

Fed lent banks trillions during crisis, report says

Posted: November 28th, 2011, 8:36am MST

While the nation's banks were reassuring investors of their stability during the financial crisis, they were also quietly approaching the Fed, hat in hand. The total price tag: $7.77 trillion.

Cyber Monday gives Black Friday a run for its money

Posted: November 28th, 2011, 3:25am MST

Chances are you won't find any of these holidays on your calendar. Yet retailers are coming up with names for just about every day of the week during the holiday shopping season.

'Unhappy customer': 10 hurt after Black Friday melee

Posted: November 25th, 2011, 2:58am MST

An angry woman used pepper spray during a confrontation about shoppers cutting in line as Black Friday crowds mobbed a Wal-Mart in Los Angeles.

Feds eye AT&T request to pull applications

Posted: November 24th, 2011, 3:03pm MST

AT&T said it would take a $4 billion charge in case its takeover of T-Mobile USA fails, reflecting the dwindling chances for the deal seen as job-destroying by powerful political opponents.

The shine is coming off Groupon shares

Posted: November 23rd, 2011, 9:58am MST

Shares of Groupon Inc fall for a third day, sinking below the company's initial public offering price of $20 less than three weeks after the daily deal company went public.

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Get ready to pay more for your mail

Posted: November 22nd, 2011, 3:50pm MST

The cash-strapped U.S. Postal Service is raising rates for its more profitable express mail and priority mail shipping next year, part of its efforts to stave off bankruptcy.

Merck to pay nearly $1 billion over Vioxx

Posted: November 22nd, 2011, 1:57pm MST

Merck & Co will pay roughly $950 million to settle criminal and civil charges that it promoted the painkiller drug Vioxx for an unapproved use, the DOJ said on Tuesday.

Netflix short on cash, long on problems

Posted: November 22nd, 2011, 1:05pm MST

Netflix, the embattled DVD rental and content streaming company, has found itself on hard times again.

Office holiday parties 2011: Tamer, less booze

Posted: November 22nd, 2011, 5:25am MST

The company holiday party is slowly returning, but its new incarnation reflects the lingering effects of the recession on corporate America: This year's parties are more casual, less boozy.

States aim to close roll-your-own loophole

Posted: November 21st, 2011, 1:37pm MST

New York City's Island Smokes is one of a growing number around the country that have come under fire for high-speed cigarette rolling machines that function as miniature factories.

Tiger Woods and his new endorsement strategy

Posted: November 21st, 2011, 12:34pm MST

Tiger Woods, who has been in a two-year slump on and off the course, says his golf game is getting better. Can he win back some big corporate sponsors?

Missing millions at MF may be double initally thought

Posted: November 21st, 2011, 11:20am MST

More than $1.2 billion of customers' funds may be missing from the accounts of a brokerage formerly run by ex-N.J. Governor Jon Corzine, double the previous estimates.

Gates takes stand in suit against Microsoft

Posted: November 21st, 2011, 9:52am MST

Microsoft Chairman Bill Gates took the witness stand Monday in a case that accuses Microsoft of duping its competitor prior to the rollout of its Windows 95 operating system.

Former AIG chief sues US for $25 billion

Posted: November 21st, 2011, 9:06am MST

Former American International Group CEO Maurice "Hank" Greenberg thinks he got a raw deal, and he wants the government to pay up.

Financier Theodore Forstmann dies

Posted: November 20th, 2011, 2:20pm MST

Theodore J. Forstmann, a longtime Wall Street financier who was a major player during the wave of corporate takeovers in the 1980s, including the battle for RJR Nabisco in 1988, died Sunday at the age of 71.

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