Ben Bernanke grilled on AIG bailout

NEW YORK (CNNMoney) Bernanke gave a deposition in a case brought by Starr International, the firm controlled by former AIG chairman Hank Greenberg that's now represented by attorney David Boies. Starr and the ex-chairman are challenging the 2008 bailout...

10.20 | 0 komentar | Read More

Identity theft tops consumer complaints...again

NEW YORK (CNNMoney) Of the more than 2 million complaints made to the Federal Trade Commission, law enforcement and consumer protection agencies, nearly 300,000 (or 14%) were related to identity theft, according to the FTC's annual tally. ...

10.20 | 0 komentar | Read More

Boeing to sell phone that can self-destruct

This new secure phone for government agencies and defense contractors will self-destruct if it's tampered with. NEW YORK (CNNMoney) Boeing (BA, Fortune 500) is set to debut a new secure phone for government agencies and defense contractors that...

10.20 | 0 komentar | Read More

Credit Suisse 'regrets' aiding tax evasion

NEW YORK (CNNMoney) The comments from CEO Brady Dougan and other Credit Suisse executives aren't quite the milestone set by another apology from executives at rival UBS five years ago before the same Senate committee. But the comments marked a...

10.20 | 0 komentar | Read More

Abercrombie & Fitch soars despite weak sales

NEW YORK (CNNMoney) Once a favorite of the mall-going set, Abercrombie & Fitch (ANF)and its sister brand Hollister have struggled due to changing trends in teen fashion. Abercrombie & Fitch said sales fell 12% in the fourth quarter, which...

10.20 | 0 komentar | Read More

Tesla to raise $1.6 billion for 'Gigafactory'

A rendering of Tesla's new "Gigafactory," which could be located in Arizona, Nevada, New Mexico or Texas. NEW YORK (CNNMoney) The money will be used to build what its founder Elon Musk has dubbed the "Gigafactory" and for production of a more...

10.20 | 0 komentar | Read More

Credit Suisse helped clients hide billions from IRS - Senate report

A Senate panel led by Carl Levin (left) and John McCain released a report alleging Credit Suisse helped clients hide assets from IRS and blasting officials for not acting aggressively. WASHINGTON (CNNMoney) The Swiss banking giant, which is under...

10.20 | 0 komentar | Read More

How Mt.Gox went down

NEW YORK (CNNMoney) The shutdown of Mt.Gox -- one of the world's largest bitcoin exchanges -- and the potential loss of more than $350 million worth of bitcoins is the result of abysmal mismanagement at the company. By its own account, Mt.Gox collected...

10.20 | 0 komentar | Read More

Apple fixes security flaw for Macs

Apple issued a security fix for Macs four days after hole was patched for mobile devices. NEW YORK (CNNMoney) The software update patches a security hole in OS X, the operating system for Apple computers. It comes four days after the same bug...

10.20 | 0 komentar | Read More

Will Obama's pledge get the unemployed back to work?

NEW YORK (CNNMoney) But actually hire them? Their pledge doesn't go quite that far. On Friday, the White House unveiled a pact signed by 300 companies that have agreed to implement new best practices intended to stamp out discrimination against...

10.20 | 0 komentar | Read More

Detroit reaches deal on retiree health care

Protestors oppose cuts to healthcare coverage for city of Detroit retirees. NEW YORK (CNNMoney) "We're happy we're able to reach any agreement short of protracted litigation," Nowling said. "Things are starting to move in the bankruptcy case...

10.20 | 0 komentar | Read More

What Americans think about Obama's myRA plan

NEW YORK (CNNMoney) But not everyone thinks the new plans are a great deal. The accounts, which will launch in a pilot program later this year and will eventually be available to any worker who gets paid through direct deposit and earns below a certain...

10.20 | 0 komentar | Read More

Will Obama's pledge get the unemployed back to work?

NEW YORK (CNNMoney) But actually hire them? Their pledge doesn't go quite that far. On Friday, the White House unveiled a pact signed by 300 companies that have agreed to implement new best practices intended to stamp out discrimination against...

10.20 | 0 komentar | Read More

Detroit reaches deal on retiree health care

Protestors oppose cuts to healthcare coverage for city of Detroit retirees. NEW YORK (CNNMoney) "We're happy we're able to reach any agreement short of protracted litigation," Nowling said. "Things are starting to move in the bankruptcy case...

10.20 | 0 komentar | Read More

What Americans think about Obama's myRA plan

NEW YORK (CNNMoney) But not everyone thinks the new plans are a great deal. The accounts, which will launch in a pilot program later this year and will eventually be available to any worker who gets paid through direct deposit and earns below a certain...

10.20 | 0 komentar | Read More