Sriracha factory ordered to put a lid on smell after locals pepper city with complaints

NEW YORK (CNNMoney) A judge in Los Angeles County has ordered Sriracha maker Huy Fong Foods to suspend operations at a plant in the city of Irwindale that local residents claim has caused an overpowering odor. Irwindale claimed in a lawsuit that...

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Disgusted shoppers threaten to boycott Black Friday Thursday

This badge is circulating on Facebook and was shared more than 959,000 times as of mid-day Wednesday. NEW YORK (CNNMoney) Among their biggest targets: Kmart plans to kick Thanksgiving day off, opening stores at 6 a.m. and remaining open for 41...

10.20 | 0 komentar | Read More

U.K. moves to cool property market

The Bank of England says U.K. house price inflation is accelerating and spreading out from London. LONDON (CNNMoney) House prices have increased by about 7% in a year, and by much more in London, raising concerns that borrowers may have trouble...

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Sriracha factory ordered to put a lid on smell after locals pepper city with complaints

NEW YORK (CNNMoney) A judge in Los Angeles County has ordered Sriracha maker Huy Fong Foods to suspend operations at a plant in the city of Irwindale that local residents claim has caused an overpowering odor. Irwindale claimed in a lawsuit that...

10.20 | 0 komentar | Read More

Disgusted shoppers threaten to boycott Black Friday Thursday

This badge is circulating on Facebook and was shared more than 959,000 times as of mid-day Wednesday. NEW YORK (CNNMoney) Among their biggest targets: Kmart plans to kick Thanksgiving day off, opening stores at 6 a.m. and remaining open for 41...

10.20 | 0 komentar | Read More

Black Friday: Is it worth it?

NEW YORK (CNNMoney) Some of the nation's largest retailers plan to open their doors on Thanksgiving Day, kicking off with Kmart (SHLD, Fortune 500) at 6 a.m.,Toys R Us at 5 p.m. Wal-Mart (WMT, Fortune 500) and Best Buy (BBY, Fortune 500) at 6 p.m....

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5 ways identity thieves are targeting you

Fraudsters have many ways of stealing your identity. NEW YORK (CNNMoney) Now Jumio, a company that allows customers to make mobile payments and verify their identities online or by phone, has come out with "The Fraudsters' Playbook." The report...

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HP up 6% on strong quarter

NEW YORK (CNNMoney) On Tuesday, HP (HPQ, Fortune 500) shares soared 6% after the company showed it ended the year with a strong fiscal fourth quarter. HP reported quarterly revenue of $29.1 billion, soundly beating Wall Street analysts' expectations....

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Europe's golden visas lure rich Chinese

A fence separates Morocco from Spain's north African enclave of Melilla. Spain recently joined Portugal in offering rich foreigners a way into the EU in return for cash. LONDON (CNNMoney) Spain, Portugal, Greece and Cyprus, which have suffered...

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Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...

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Investors thankful for stocks at records

Click the chart for more stock market data. NEW YORK (CNNMoney) Trading volume is typically quiet during the holiday-shortened week. The U.S. markets will be closed on Thursday for Thanksgiving and will shut down at 1 p.m. EST on Friday. ...

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Swiss voters reject proposal to cap executive pay

The campaign to cap executive pay at 12 times the lowest salary was led by young members of Switzerland's Social Democratic party. LONDON (CNNMoney) The "1:12 -- for fair wages" initiative, which proposed capping executive salaries at 12 times...

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Foxconn to build plant in Pennsylvania

A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney) The company, which a year ago said it was looking at expanding its U.S....

10.21 | 0 komentar | Read More

Cable stocks surge on takeover chatter

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...

10.21 | 0 komentar | Read More

Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...

10.21 | 0 komentar | Read More

Foxconn to build plant in Pennsylvania

A Foxconn factory in China. The contract manufacturer for Apple and other leading U.S. tech companies announced plans to build a plant in Pennsylvania. NEW YORK (CNNMoney) The company, which a year ago said it was looking at expanding its U.S....

10.20 | 0 komentar | Read More

Cable stocks surge on takeover chatter

Click the chart to track shares of Time Warner Cable. NEW YORK (CNNMoney) Charter Communications (CHTR, Fortune 500), the fourth largest cable provider with just over 4 million subscribers, has reportedly been in talks with major banks to borrow...

10.20 | 0 komentar | Read More

Credit Suisse banker sentenced to 30 months in prison

NEW YORK (CNNMoney) Serageldin, who had been extradited from the UK in April, had pled guilty to the charges. At the time of his February 2012 indictment, authorities said he faced up to 45 years in prison if convicted. Preet Bharara, the U.S. Attorney...

10.20 | 0 komentar | Read More

California: 10K a day applying for Obamacare

More people are signing up for Obamacare coverage in California. NEW YORK (CNNMoney) The Covered California board also voted Thursday not to allow residents to extend individual policies that don't comply with Obamacare. Seeking to quell an uproar...

10.20 | 0 komentar | Read More

Jury orders Samsung to pay Apple another $290 million

Samsung's smartphones (right) were found to have infringed on Apple's patents for the iPhone in a ruling last August. NEW YORK (CNNMoney) Thursday's ruling is the latest judgment in a serpentine case that has been ongoing for more than two years....

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Banks warned on high-interest loans

NEW YORK (CNNMoney) Deposit advance loans are short-term loans offered by firms including U.S. Bank (USB, Fortune 500), Wells Fargo (WFC, Fortune 500) and Regions (RF, Fortune 500), typically in increments of a few hundred dollars or less. Like...

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CBO: Real debt ceiling deadline could hit in March

Treasury Secretary Jack Lew this week again noted that political brinksmanship over raising the debt ceiling benefits no one. And he urged lawmakers to raise the limit soon to create certainty for the economy. NEW YORK (CNNMoney) But soon enough,...

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Help! A bill collector is coming after me

NEW YORK (Money Magazine) You have 30 days after a collection agency has contacted you in writing to ask for proof of the debt, says John Ulzheimer, a contributor to CreditSesame.com. Should that month have passed, try negotiating with the shipper....

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Google launches prepaid card

Google's new prepaid card will be funded by Google Wallet accounts. NEW YORK (CNNMoney) The tech giant announced the launch of a physical prepaid card on Wednesday. The new Google Wallet Card will be tied to a customer's Google Wallet account...

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Bernanke: Recent jobs reports are 'disappointing'

NEW YORK (CNNMoney) The latest data show the economy added an average of 200,000 jobs each of the last three months -- marking a sudden breakout for the labor market after months of weaker reports. Immediately after the October report was released,...

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JPMorgan can deduct big chunk of $13 billion deal

NEW YORK (CNNMoney) Here's why: Many of the costs associated with corporate legal cases are treated as deductible under the tax code, in much the same way that a company's wages or equipment expenses are. That means JPMorgan will be able to reduce...

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House panel to investigate unemployment data

NEW YORK (CNNMoney) Reps. Blake Farenthold, Darrell Issa and Kevin Brady submitted a letter to Census Bureau Director John Thompson on Tuesday, demanding the agency investigate allegations that an employee in its Philadelphia office fabricated data...

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U.S., JPMorgan near $13 billion settlement

JPMorgan and Justice Department could announce settlement as soon as Tuesday. WASHINGTON (CNNMoney) Elements of the proposed pact are now being signed by states that are parties to the agreement, the person said. Only a few details remain to...

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Maria Bartiromo leaving CNBC

Bartiromo joined CNBC in 1993. NEW YORK (CNNMoney) CNBC anchor Maria Bartiromo is leaving the financial news channel, CNBC spokesman Brian Steel confirmed Monday. She is set to join rival Fox Business Network, according to various reports Monday...

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Protesting Wal-Mart workers win round in labor fight

Last year, hundreds of workers and thousands of supporters took part in Black Friday demonstrations in front of Wal-Mart stores across the country. NEW YORK (CNNMoney) The National Labor Relations Board, which protects the rights of workers who...

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Hot startup Coin has 3 big problems

Will this card be the only one you ever need in your wallet again? Startup Coin hopes so. NEW YORK (CNNMoney) Coin revealed itself to the world with a gorgeously produced video that lays out how the card will work: Swipe your credit, debit or...

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