Key report on jobs at risk in shutdown

NEW YORK (CNNMoney) Bureau of Labor Statistics commissioner Erica Groshen said in a memo Friday that "all survey and other program operations will cease and the public website will not be updated." Nearly all of the agency's 2,400 employees will be...

10.20 | 0 komentar | Read More

Missing from Asia's boardrooms? Women

HONG KONG (CNNMoney) The problem is most acute at the very top of the corporate ladder, where in many cases, women are nowhere to be found. Women occupied only 6% of corporate board seats in Asia in 2011, according to a study conducted by McKinsey....

10.20 | 0 komentar | Read More

Nissan, Mazda recall cars

The recall included Mazda6s from model years 2009 through 2013. NEW YORK (CNNMoney) Mazda warned that doors in up to 98,000 Mazda6 sedans could open while the cars are in motion. The company blamed door latching screws used in model years 2009...

10.20 | 0 komentar | Read More

Wells Fargo: A bargain if you're bullish on housing

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...

10.20 | 0 komentar | Read More

ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...

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Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...

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Wells Fargo: A bargain if you're bullish on housing

Wells Fargo has become the leading bank in home mortgages. (Money Magazine) The nation's fourth-largest bank is a powerhouse in mortgages, thanks to the fact it ended up with fewer toxic assets than other big banks, and was able to snap up another...

10.20 | 0 komentar | Read More

ExxonMobil to extend benefits to same-sex couples

ExxonMobil announced Friday it will extend benefits to same-sex couples. NEW YORK (CNNMoney) Beginning Oct. 1, ExxonMobil employees in legal same-sex marriages will be eligible to receive health insurance coverage for their spouses, the oil giant...

10.20 | 0 komentar | Read More

Airbnb wins legal victory in New York City

Users list spaces for rent on Airbnb. NEW YORK (CNNMoney) Airbnb offers a platform for people to rent out their homes or apartments to travelers. New York's Environmental Control Board ruled Thursday that Airbnb user Nigel Warren was permitted...

10.20 | 0 komentar | Read More

Obamacare delay for small business exchanges

NEW YORK (CNNMoney) Although the federally-run marketplaces will launch this upcoming Tuesday, small businesses won't be able to enroll online until November. Instead, they'll be forced to sign up via fax or paper mail, according to a U.S. Health...

10.20 | 0 komentar | Read More

Nike earnings just did it

Nike's revenues grew worldwide, with one big exception: China. NEW YORK (CNNMoney) The world's largest sports apparel company reported earnings of $0.86 per share, which beat analyst expectations, and revenue growth of 8% - to $7 billion - which...

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China to launch mysterious free trade zone in Shanghai

China's new free trade zone is set to launch in Shanghai. HONG KONG (CNNMoney) Investors have reacted with great enthusiasm, snapping up huge amounts of real estate in the area and driving up the share price of any company with "Shanghai" in its...

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California to pay backlogged unemployment claims

Carol Malichky is one of 80,000 California residents who still hasn't received her unemployment checks, after the state switched to a new computer system. Click the photo to read more stories. NEW YORK (CNNMoney) Staff at California's Employment...

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JPMorgan in talks to settle mortgage probes for $11 billion

JPMorgan has faced a cascade of legal problems in the last few months. NEW YORK (CNNMoney) The proposed deal would include $7 billion in penalties and $4 billion in consumer relief of some kind, according to the source, who was not authorized to...

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Hertz now renting Tesla Model S cars in California

NEW YORK (CNNMoney) Hertz (HTZ, Fortune 500) announced Wednesday that it was adding Tesla's (TSLA) signature model to its rental fleet as part of its "Dream Cars" line, which also offers high-end rentals from companies like Ferrari and Aston Martin....

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Treasury Secretary: Markets too calm about debt ceiling

Treasury Secretary Jack Lew says Wall Street should be taking the looming debt limit more seriously. NEW YORK (CNNMoney) While stocks have slipped for four consecutive days as investors turn their attention to Washington and the looming debt limit,...

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China stocks rebound as economy improves

HONG KONG (CNNMoney) Whether the rally can continue through the end of the year may depend on big policy decisions expected in November. For much of the first half of the year, China's main indexes took a beating as investor appetite soured over...

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China lifts Facebook ban ... a bit - report

China could soon allow access to Facebook in a new free trade zone. NEW YORK (CNNMoney) According to the South China Morning Post, the Chinese government has decided to lift a ban on foreign websites deemed politically sensitive, albeit only within...

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Microsoft Surface 2: Hardly an afterthought

NEW YORK (CNNMoney) Instead, Microsoft (MSFT, Fortune 500) is pushing the Surface 2 with as much vigor as ever. Last year's Surface existed in a no man's land -- slightly too big to truly appeal as a tablet, slightly too underpowered to function...

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Chrysler files for IPO

NEW YORK (CNNMoney) The shares being sold in the proposed offering come from the stake of a trust established to cover medical benefits for retired workers that now owns 41.5% of the company. The trust was set up in 2007 as a way of reducing Chrysler's...

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Wonder Bread returns to shelves

The wait is over. NEW YORK (CNNMoney) The iconic bread brand returned to store shelves Monday, said Flowers Foods (FLO), the company that snatched it up earlier this year along with most of the other breads from the now-defunct Hostess for $360...

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BlackBerry slashes staff, warns of $1 billion loss

Click the chart to track shares of BlackBerry. NEW YORK (CNNMoney) Shares of BlackBerry (BBRY) were halted at about 3:30 p.m. ET and plunged 20% when trading resumed. For the day they closed down 17%. BlackBerry's stock is down 26.5% this year....

10.21 | 0 komentar | Read More

Target to reduce 2013 holiday hiring

A Target store in Daly City, Calif. advertises for employment. NEW YORK (CNNMoney) The discount store chain said Friday that it plans to hire about 70,000 temporary workers this year, down from 88,000 a year ago. Target said it planned to offer...

10.21 | 0 komentar | Read More

Father and son charged in $6.5 million deathbed bond scam

The SEC says the two men "exploited the tragic circumstances surrounding a terminally ill diagnosis and turned the misfortune of others into a profit-making enterprise for themselves." NEW YORK (CNNMoney) The dying people were accessories to a...

10.21 | 0 komentar | Read More

BlackBerry slashes staff, warns of $1 billion loss

Click the chart to track shares of BlackBerry. NEW YORK (CNNMoney) Shares of BlackBerry (BBRY) were halted at about 3:30 p.m. ET and plunged 20% when trading resumed. For the day they closed down 17%. BlackBerry's stock is down 26.5% this year....

10.21 | 0 komentar | Read More

Target to reduce 2013 holiday hiring

A Target store in Daly City, Calif. advertises for employment. NEW YORK (CNNMoney) The discount store chain said Friday that it plans to hire about 70,000 temporary workers this year, down from 88,000 a year ago. Target said it planned to offer...

10.21 | 0 komentar | Read More

Father and son charged in $6.5 million deathbed bond scam

The SEC says the two men "exploited the tragic circumstances surrounding a terminally ill diagnosis and turned the misfortune of others into a profit-making enterprise for themselves." NEW YORK (CNNMoney) The dying people were accessories to a...

10.20 | 0 komentar | Read More

Women hold key to fixing Japan's economy

Boosting the ranks of working women in Japan could raise the country's GDP. HONG KONG (CNNMoney) Not its world-famous fisheries or tech savvy. Rather, Japan is failing to tap the potential of its women -- a demographic that could hold the key to...

10.20 | 0 komentar | Read More

Warren Buffett's pick for Federal Reserve chair is...

NEW YORK (CNNMoney) That's right, the Berkshire Hathaway (BRKA, Fortune 500) billionaire wants the current Fed chair to remain in his job for a third term, although that seems unlikely. "When you have a .400 hitter in the lineup you don't take...

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