The Moneyball man's millions

(Fortune) Inside the corporate boardroom, however, Beane has been putting some serious wood on the ball. In 2007 the baseball executive joined the board of NetSuite, a Silicon Valley software company founded by billionaire Larry Ellison that builds...

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The big handoff at Hearst

Executive vice chairman Frank Bennack (left) and CEO Steven Swartz, in front of a painting of William Randolph Hearst at Hearst Corp. headquarters in Manhattan (Fortune) The move is classic Hearst: building a new future on top of its old-media...

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The Fortune interview: Larry Summers

(Fortune) Many people like the 58-year-old Larry Summers -- and many do not. That was in evidence last summer when his name surfaced as President Obama's top choice to be the next chairman of the Federal Reserve. Summers withdrew in mid-September,...

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Bank of America warns of fresh U.S. lawsuit

Bank of America says it is it is under increasing scrutiny from U.S. regulators over mortgage bonds. NEW YORK (CNNMoney) BofA revealed in a securities filing Wednesday that staff from a U.S. Attorney's office have disclosed plans to recommend that...

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U.S. expats cry foul over tax system

Bob Simison, a U.S. expat in Australia (with his wife, Sarah) says it takes him 40 hours to prepare his taxes each year. HONG KONG (CNNMoney) Unlike citizens of most other countries, Americans are legally obligated to file U.S. taxes each year,...

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China is on oil and gas shopping spree

Chinese companies have moved into oil production in the Caspian Sea. HONG KONG (CNNMoney) Of the 10 biggest foreign mergers or acquisitions by Chinese companies this year, seven have been in the energy sector, according to data from Dealogic. ...

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Banks fork over $17 billion for misdeeds in 2013

JPMorgan has written the biggest checks to regulators so far this year but it's far from the only bank paying big fines. NEW YORK (CNNMoney) Banks have agreed to fork over more than $17 billion in settlements with U.S. regulators so far in 2013....

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What information is the government buying about you?

The federal government can use the salary and pay information provided by The Work Number to determine a person's eligibility for a variety of government benefits. NEW YORK (CNNMoney) Recently, the U.S. government started using a database called...

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Stocks: Perky ahead of Fed decision

Click chart for in-depth premarket data. NEW YORK (CNNMoney) U.S. stock futures climbed, matching gains across global markets. The Fed is due to release a statement at 2 p.m. E.T. following a two-day policy meeting. Investors will parse the...

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Obamacare deadlines clarified

Customers who enroll in coverage by March 31 won't be on the hook for a "shared responsibility payment." NEW YORK (CNNMoney) That's the 2014 deadline to apply for coverage and not face tax penalties under an extension announced late Monday by the...

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Obamacare site has another 'outage'

Marilyn Tavenner, head of the agency overseeing the site, testified at a congressional hearing Tuesday. NEW YORK (CNNMoney) Verizon, which provides some technology services behind HealthCare.gov, said federal officials asked the company to provide...

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What information is the government buying about you?

The federal government can use the salary and pay information provided by The Work Number to determine a person's eligibility for a variety of government benefits. NEW YORK (CNNMoney) Recently, the U.S. government started using a database called...

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Meet Alibaba, Yahoo's Chinese secret weapon

Yahoo shares are up 90% over the past year, but analysts say that's largely because of its stake in buzzy Chinese e-commerce giant Alibaba. NEW YORK (CNNMoney) Much of Yahoo's bounceback can be chalked up to its stake in a company called Alibaba...

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Stocks steady ahead of Fed meeting

NEW YORK (CNNMoney) The U.S. Census Bureau will release its monthly report on retail sales at 8:30 a.m. ET Monday, while the Bureau of Labor Statistics will publish the latest edition of its producer price index. At 9:00, S&P will publish the...

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'Critical failures' lead to Social Security overpayments

Elizabeth Siener was shocked by a notice from Social Security asking her to repay more than $11,000. NEW YORK (CNNMoney) Long after notifying Social Security that they have either started working again or earn too much income to qualify for benefits,...

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Barack Obama's tweets hacked

Hackers from the Syrian Electronic Army claimed responsibility for re-directing links sent by President Barack Obama to a pro-Assad video. NEW YORK (CNNMoney) One tweet about immigration reform was supposed to send followers to an article from...

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Amid criticism, Wal-Mart touts promotions for workers

Wal-Mart says it will promote more than 25,000 employees by the end of January. NEW YORK (CNNMoney) The retail giant announced plans to promote more than 25,000 of its roughly 1.3 million U.S. employees by the end of January, bringing its annual...

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Meet Alibaba, Yahoo's Chinese secret weapon

Yahoo shares are up 90% over the past year, but analysts say that's largely because of its stake in buzzy Chinese e-commerce giant Alibaba. NEW YORK (CNNMoney) Much of Yahoo's bounceback can be chalked up to its stake in a company called Alibaba...

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How data mining can boost your revenue by 300%

NEW YORK (CNNMoney) "It was pretty sad," said Cheyanne Sequoyia-Mackay, Sway's marketing manager. "Only about 20% of our customers were opening the emails." That all changed when Sway turned to Retention Science's predictive analytics software...

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Stocks: Set for another all-time high?

Click chart for in-depth premarket data. NEW YORK (CNNMoney) U.S. stock futures advanced, with the S&P 500 index up 0.2%. The gains come after the S&P 500 hit a record high on Friday. The S&P, Dow and Nasdaq all rose by roughly...

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'I was overpaid by Social Security'

Rebecca Rivetto had received disability payments for four years for her autistic son. Now the Social Security Administration is asking for it all back. NEW YORK (CNNMoney) One 33-year-old veteran began receiving Social Security disability payments...

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New York will stockpile gas to prevent storm outages

Lines outside some gas stations stretched for miles. NEW YORK (CNNMoney) Gov. Andrew Cuomo on Saturday announced the state would create a Strategic Gasoline Reserve -- a $10 million pilot program that includes tanks for the fuel on Long Island....

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Obamacare malfunction shuts down application tool

Health Secretary Kathleen Sebelius touted the "Hub" as one piece of Obamacare that was working -- one day before it broke. NEW YORK (CNNMoney) Joanne Peters, a spokeswoman for the Department of Health and Human Services, said a vendor networking...

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This could be the largest Fed stimulus yet

NEW YORK (CNNMoney) The Fed was expected to wind down its third round of quantitative easing, known as QE3, at the end of this year. But most predictions are now well into 2014, with some as far out as June. Economists largely believe the government...

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United fined $1.1 million over Chicago delays

Passengers were stuck on planes for stretches ranging from just over three hours to nearly four-and-a-half hours. NEW YORK (CNNMoney) The DOT said the penalty is the largest for such a violation since a rule limiting long tarmac delays took effect...

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JPMorgan paying $5.1 billion to Fannie, Freddie over mortgages

It's been a rough year for JPMorgan. NEW YORK (CNNMoney) The bank has also been in talks with the Justice Department and other government officials over another potential settlement based on similar claims. That settlement will likely be even more...

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Feds seize $28 million in bitcoins from alleged Silk Road operator

There are currently about 11.9 million bitcoins in circulation, according to the website Blockchain. NEW YORK (CNNMoney) Bitcoin, which allows users to conduct online transactions while obscuring their identities, was the only currency accepted...

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United fined $1.1 million over Chicago delays

Passengers were stuck on planes for stretches ranging from just over three hours to nearly four-and-a-half hours. NEW YORK (CNNMoney) The DOT said the penalty is the largest for such a violation since a rule limiting long tarmac delays took effect...

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JPMorgan paying $5.1 billion to Fannie, Freddie over mortgages

It's been a rough year for JPMorgan. NEW YORK (CNNMoney) The bank has also been in talks with the Justice Department and other government officials over another potential settlement based on similar claims. That settlement will likely be even more...

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