Stocks Extend Tuesday Winning Streak
Hemera/Thinkstock(NEW YORK) — Tuesday stocks closed higher as investors banked on continued policy support from the Federal Reserve. On Wednesday, the Federal Reserve will release the minutes from its latest policy meeting. Investors are looking…
JPMorgan Chase Shareholders Still Confident in CEO Jamie Dimon
Scott Eells/Bloomberg via Getty Images(TAMPA, Fla.) — JPMorgan Chase [NYSE: JPM] shareholders voted to allow CEO Jamie Dimon to keep his dual role as CEO and chairman of the board of directors, which critics say gives him too much unchecked power over…
JPMorgan Chase Shareholders Still Confident in CEO Jamie Dimon
Scott Eells/Bloomberg via Getty Images(TAMPA, Fla.) — JPMorgan Chase [NYSE: JPM] shareholders voted to allow CEO Jamie Dimon to keep his dual role as CEO and chairman of the board of directors, which critics say gives him too much unchecked power over…
Xbox One: Microsoft’s Next Console
Microsoft(REDMOND, Wash.) — Eight years after releasing the Xbox 360, Microsoft has unveiled the next generation of its gaming console.The new gaming system, which it plans to release before the end of the year, is full of new features that go beyond …
Xbox One: Microsoft’s Next Console
Microsoft(REDMOND, Wash.) — Eight years after releasing the Xbox 360, Microsoft has unveiled the next generation of its gaming console.The new gaming system, which it plans to release before the end of the year, is full of new features that go beyond …
Apple CEO Defends Company’s Offshore Tax Policy
Justin Sullivan/Getty Images(WASHINGTON) — Apple CEO Tim Cook, in Washington, D.C. to answer questions about his company’s avoidance of billions of dollars in U.S. taxes, told a Senate hearing the tech giant followed the law and “comprehensive tax ref…
Microsoft to Reveal Xbox 360 Successor
Microsoft(NEW YORK) — After eight years on the shelves and having sold some 70 million units, Microsoft’s Xbox 360 is finally getting a successor on Tuesday. The Xbox reveal comes a bit late to the party as the last of the big three home console maker…
WATCH: Yahoo, Tumblr CEOs Dish on Merger
ABC News(NEW YORK) — Yahoo CEO Marissa Mayer says she’s not worried about the adult content on her new acquisition — Tumblr — and she’ll make sure that people who don’t want to see it won’t. Meanwhile, 26-year-old Tumblr CEO and co-founder David Kar…
World Nutella Day? Not So Fast, Company Says
Simon Dawson/Bloomberg via Getty Images(NEW YORK) — Ferrero, the Italian company that makes Nutella, has scrapped a superfan’s global tribute to the chocolaty spread. Sara Rosso started World Nutella Day back in 2007, dubbing February 5 the day Nutell…
JPMorgan Shareholders to Vote on Separating Dimon’s Roles
Andrew Harrer/Bloomberg via Getty Images(TAMPA, Fla.) — A shareholder showdown is scheduled Tuesday at the annual meeting of JPMorgan Chase in Tampa, Fla.
A vote is expected on a proposal to separate the jobs of chairman and CEO at the big bank. …
Top 14 Jobs That Don’t Require a College Degree
Medioimages/Photodisc/Thinkstock(NEW YORK) — While one’s earning potential increases with a college degree, you don’t necessarily need to spend $40,000 a year for a diploma for a job that pays as much.Jobs search site CareerCast.com released a list of…
Gas Prices Jump Across the US
iStockphoto/Thinkstock(WASHINGTON) — Gas prices across the country are still rising ahead of one of the year’s busiest travel weekends. The weekly average price of a gallon of regular gas is $3.67, up 7 cents from a week earlier, according to data fro…
Yahoo! Gives Flickr a Makeover
David Paul Morris/Bloomberg via Getty Images(NEW YORK) — It’s a big day for Yahoo. A few hours after announcing its $1.1 billion acquisition of Tumblr, Yahoo announced some major updates to its Flickr photo-sharing service. “Tonight is about Flickr,” …
Senate Probe Finds Apple Avoids Billions in Taxes
Feng Li/Getty Images(WASHINGTON) — A new Senate investigation has found that Apple Inc. has used a complex web of offshore companies – particularly three in Ireland – to avoid paying billions of dollars in U.S. income taxes.Apple executiv…
Stocks Clip Recent Rallies, Close Lower
Hemera/Thinkstock(NEW YORK) — Investors on Monday took a timeout from the bull market. Declining stocks in the same top-performing sectors pulled the markets down.The Dow Jones Industrial Average lost 19.12 points, or 0.1 percent, closing at 15,335.28…
Yahoo! Buys Tumblr for $1.1 Billion
FRED DUFOUR/AFP/Getty Images(NEW YORK) — Yahoo! is investing big time in social media. The company announced on Monday that it has purchased Tumblr, the popular blogging and social media network, for $1.1 billion in cash.”I’m delighted to announ…
Food Delivery Services GrubHub, Seamless to Merge
GrubHub/Seamless(NEW YORK) — It’s late, you didn’t have time to make dinner, and now you’re in the mood for sushi. Chances are, you reach for your phone, fire up either the Seamless or GrubHub app, sort by restaurant, select your meal, place your orde…
Domino’s Brazil Tests Smellvision in DVDs
iStockphoto/Thinkstock(NEW YORK) — If you’re traveling in Brazil, pop in a DVD and find yourself crazing pizza, then Domino’s has you right where they want you.Domino’s independent franchisees in the South American country have partn…
Three Easy Financial Lessons for Your Kids
iStockphoto/Thinkstock(WASHINGTON) — It’s graduation season. Did your teenager have to take a financial literacy course to don that cap and gown? Probably not.
According to the Council for Economic Education, as of 2011, 22 states required high school…
Survey: US Economy Expected to Grow Through 2014
Comstock Images/Thinkstock(NEW YORK) — The economy is expected to pick up strength between now and the end of 2014, according to the latest outlook survey from the National Association for Business Economics (NABE).”The panelists are estimating 2.4 pe…