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India's economic growth slowest since 2009

Written By limadu on Sabtu, 31 Agustus 2013 | 17.42

India's GDP growth hit is lowest level since the beginning of 2009. LONDON (CNNMoney) The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter. That's India's...
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China partners with U.S. oil firm in Egypt

NEW YORK (CNNMoney) The deal involves Sinopec (SHI) paying $3.1 billion for a 33% stake in Apache's Egyptian operations, which produce about 100,000 barrels of oil day. Apache (APA, Fortune 500) said the sale had nothing to do with the current...
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American, US Air win quick trial for antitrust case

US Airways and American Airlines won their request for a quick trial in the antitrust case that seeks to block their proposed merger. NEW YORK (CNNMoney) U.S. District Court Judge Colleen Kollar-Kotelly on Friday set a Nov. 25 trial date, which...
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India's economic growth slowest since 2009

India's GDP growth hit is lowest level since the beginning of 2009. LONDON (CNNMoney) The nation's gross domestic product -- the broadest measure of economic growth -- came in at 4.4% annual rate for the April to June quarter. That's India's...
15.30 | 0 komentar | Read More

China partners with U.S. oil firm in Egypt

NEW YORK (CNNMoney) The deal involves Sinopec (SHI) paying $3.1 billion for a 33% stake in Apache's Egyptian operations, which produce about 100,000 barrels of oil day. Apache (APA, Fortune 500) said the sale had nothing to do with the current...
15.30 | 0 komentar | Read More

American, US Air win quick trial for antitrust case

US Airways and American Airlines won their request for a quick trial in the antitrust case that seeks to block their proposed merger. NEW YORK (CNNMoney) U.S. District Court Judge Colleen Kollar-Kotelly on Friday set a Nov. 25 trial date, which...
15.30 | 0 komentar | Read More

Emerging market woes: Contained or contagion?

Written By limadu on Jumat, 30 Agustus 2013 | 17.42

The rupee has dropped sharply versus the U.S. dollar, which means prices could soar in the import-reliant nation. LONDON (CNNMoney) Policymakers are working to halt the rapid depreciation of their currencies by raising interest rates and tightening...
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Stocks: Steady ahead for now

Click on the chart for more in-depth premarket data. NEW YORK (CNNMoney) Friday is expected to be a quiet trading day before the three-day Labor Day weekend, but investors are waiting for a few economic reports. Data on U.S. personal income...
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Can you trust online-only banks?

Many online banks offer a variety of perks, ranging from higher interest rates for savers to fewer fees. NEW YORK (CNNMoney) With low interest rates making it a difficult time for savers, opting for one of their branchless counterparts can seem...
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Ace your next job interview

Navigating today's tough hiring process requires an upgrade of your interviewing skills. (Money Magazine) Employers still have the upper hand in most fields, which means you can expect to be scrutinized extra carefully during the interview process....
15.30 | 0 komentar | Read More

New York Times site slow to return for some users after cyber attack

The Syrian Electronic Army, a hacktivist group that supports Syrian President Bashar al-Assad, has claimed responsibility for the attack on the Times site. NEW YORK (CNNMoney) The Times' website went down for several hours Tuesday after an attack...
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Emerging market woes: Contained or contagion?

The rupee has dropped sharply versus the U.S. dollar, which means prices could soar in the import-reliant nation. LONDON (CNNMoney) Policymakers are working to halt the rapid depreciation of their currencies by raising interest rates and tightening...
15.30 | 0 komentar | Read More

Employers play Obamacare blame game

Written By limadu on Kamis, 29 Agustus 2013 | 17.42

Employers at companies like UPS are cutting benefits and blaming Obamacare. NEW YORK (CNNMoney) Employers are citing increased costs imposed by the Affordable Care Act -- as Obamacare is formally known -- as part of the reason they are pulling...
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Stocks edge up as Syria fears recede

Click the chart for more information. NEW YORK (CNNMoney) U.S. stock futures were pointing higher, while oil and gold prices were unwinding recent gains booked on fears of an escalation in the Syrian conflict. Investors were feeling less panicked...
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Verizon in talks to buy Vodafone stake

LONDON (CNNMoney) In a statement Thursday, Vodafone said it is in discussions with Verizon Communications Inc. (VZ, Fortune 500) over the possible sale of its 45% stake in Verizon Wireless. Verizon Communications holds the remaining 55% share. ...
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Nintendo unveils new '2DS' and cuts Wii U prices

By unveiling the 2DS and cutting Wii prices, Nintendo is shaking things up ahead of a looming holiday battle with Sony and Microsoft NEW YORK (CNNMoney) As the name implies, the Nintendo (NTDOF) 2DS strips out the novel, but not quite essential...
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San Bernardino bankruptcy gets green light

San Bernardino's bankruptcy case can continue after a court ruling Wednesday. NEW YORK (CNNMoney) It's a ruling that could affect the nation's largest municipal bankruptcy case in Detroit and open the door to cuts to other public-sector pension...
15.30 | 0 komentar | Read More

China's Xiaomi poaches top Google exec

Xiaomi has overtaken Apple's smartphones in China. HONG KONG (CNNMoney) Barra, who was vice president of Google Android, announced his departure on his Google Plus account. He will take up his new post in October, Xiaomi CEO Lei Jun wrote in a...
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Real White House interns sound off

Written By limadu on Rabu, 28 Agustus 2013 | 17.42

One former White House intern said shes witnessed some of the most interesting things she'd ever seen in her summer there. NEW YORK (CNNMoney) One intern borrowed thousands of dollars from his parents. Another dipped into what little retirement...
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IPhone 5C: Cheaper for Apple, not for you

NEW YORK (CNNMoney) Many analysts and investors have called for Apple (AAPL, Fortune 500) to enter into the low-end smartphone market to lure in customers in China and other emerging markets. But the rumored iPhone 5C likely won't be cheaper for consumers;...
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Detroit pensions: Bribes, a $5,000 poker chip and a big financial hole

U.S. Attorney Barbara L. McQuade's office has led the charge against much of the pension corruption in Detroit. NEW YORK (CNNMoney) The city says the funds suffer a $3.5 billion shortfall, making benefit cuts inevitable. The trustees who control...
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New York Times hit with 'malicious attack'

The New York Times' website went down for several hours on Tuesday, the second outage in two weeks. NEW YORK (CNNMoney) Marc Frons, chief information officer at the Times, told employees that the outage was the result of of an attack on Melbourne...
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Las Vegas Sands resolves laundering case with $47 million deal

Las Vegas Sands' Venetian resort and casino. NEW YORK (CNNMoney) The sum represents funds accepted by Sands (LVS, Fortune 500) on behalf of Zhenli Ye Gon, a native of China who is currently being held in the U.S. pending extradition to Mexico on...
15.30 | 0 komentar | Read More

India in crisis mode as rupee hits another record low

HONG KONG (CNNMoney) The battered Indian currency lost more than 3.5% and pushed close to 69 against the dollar in the first few hours of trading, a level that was unthinkable only a few weeks ago. Equity markets in India joined the retreat. The...
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Four downsides of a chattier Fed

Written By limadu on Selasa, 27 Agustus 2013 | 17.42

Jackson Hole, Wyo. (CNNMoney) But more communication hasn't always added clarity. If recent market volatility is any indication, a chattier Fed has sometimes added more confusion. Under Bernanke's leadership, the Fed began offering press conferences...
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New innovators face backlash

Startups like Uber -- an app that lets people hail a taxi or car service from their mobile phone -- say they are facing unfair legal challenges from the established players. NEW YORK (CNNMoney) Cutting-edge start-up companies are crying foul, claiming...
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How to manage employees who work from home

Telecommuting is the wave of the future, and yet managing people you rarely see can pose some special challenges. NEW YORK (CNNMoney) Based in Goleta, Calif., Eucalyptus has about 100 employees, and 70 of them telecommute from locations around...
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Fidelity: 401(k) balances up more than 10%

NEW YORK (CNNMoney) Fidelity Investment's average 401(k) balance came in at $80,600 at the end of the second quarter of 2013 -- up more than 10% from the same time last year, according to a report released Tuesday by Fidelity, which represents 12.4...
15.30 | 0 komentar | Read More

Taser stock on a stunning tear

NEW YORK (CNNMoney) Shares of Taser (TASR) really started to take off after a federal judge's ruling on the New York Police Department's controversial stop-and-frisk strategy. Judge Shira Scheindlin said the NYPD's practice, which allows officers...
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