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Down Day on Wall Street as Traders Await Quarterly Reports

Down Day on Wall Street as Traders Await Quarterly Reports tarabird/iStock/Thinkstock(NEW YORK) -- After a hot start to Monday's session, Wall Street finished the day slightly lower. The Dow Jones Industrial Average dipped below 18,000, losing 80.61 to close at 17,977.04.The Nasdaq slipped 7.73 to a close of 4,988.25, while the S&P 500 ended the day at 2,092.43, down 9.63.A report from Georgetown University shows that there are more jobs available that require a college degree than there were in past year. Bloomberg News reports that the number of high-skill jobs has risen over the past four decades, while low-skill or low-wage labor has dipped 10 percent in that same timeframe.Also on Monday, the National Basketball Association and PepsiCo announced a deal making the beverage company's products the official foods and beverages of the league. Coca-Cola had been the league's official sponsor since 1986. Traders are also waiting on JPMorgan Chase, Johnson & Johnson and Intel, all of which are all expected to release their quarterly reports on Tuesday. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

What to Do If Your 2015 Tax Refund Is Stolen

What to Do If Your 2015 Tax Refund Is Stolen Hemera/Thinkstock(NEW YORK) — You may be feeling great that you've filed your taxes before the April 15 deadline, but make sure you're not among the victims whose tax refunds will be stolen.Among the 149 million or so individual income tax returns filed last year, there were 110,000 victims who complained about stolen refunds, according to the FTC. That's 24 times more than in 2013. If it happens to you, here's what you should do to get your money back.Thieves can potentially steal your tax refund with your Social Security number and other personal information. If you discover you're a victim of a stolen refund after you've filed your taxes, you should notify the IRS and file a police report. Then you're going to be asked to file an affidavit of fraud.People who file their taxes later may be opening themselves up to potential fraud. To help prevent being a victim of this scam, keep your personal information, including your Social Security number and data secure. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Jobs for College-Educated Workers on the Rise, Report Finds

Jobs for College-Educated Workers on the Rise, Report Finds iStock/Thinkstock(NEW YORK) -- Was that college degree worth it? Yes, according to a new report out Monday.Despite widely held beliefs that jobs for educated workers have declined, new data from Georgetown University shows that high-skill labor requiring a college degree has risen over the past four decades, Bloomberg News reports. Moreover, low skill/low wage labor has declined 10 percent over the same time period. The Georgetown University report comes as welcome news to a generation of college students hampered by more than $1 trillion in cumulative student loan debt, buoyed by stagnant wage growth. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Most Emails Answered in Just Two Minutes, Study Finds

Most Emails Answered in Just Two Minutes, Study FindsiStock/Thinkstock(NEW YORK) — With more than 100 billion emails sent daily, researchers from Yahoo Labs in California and Spain decided to investigate how we actually use one of the oldest forms of communication on the web.The researchers dissected the email habits of 2 million users who exchanged 16 billion emails over the course of several months. As one of the largest ever studies conducted on email usage, it revealed some surprising (and some expected) results.Nearly 90 percent of users replied to their emails within a day, with about half responding in around 47 minutes. The most frequently occurring reply time was just two minutes.Most email replies were very short: between 5 and 43 words. Just 30 percent of emails went on for 100 words or more.As email exchanges progressed, replies came faster although many emailers lost steam by the last exchange, possibly because there was nothing left to say. Email length also grew as the conversation progressed. But at the end, the last reply was very short.Email sent on the weekend or overnight got slower and shorter replies -- no shocker. But emails sent first thing in the morning were rewarded with faster and longer replies, researchers found.Teens and youngsters answered their emails faster than any other group -- taking just 13 minutes on average to fire off a response of about 17 words. More mature users (those over 51 years of age) took an average of 47 minutes and 40 words before pressing send on their replies.Men jump on their emails slightly faster than women, taking 24 minutes to respond compared to 28 minutes. Both sent an average of about 30 words per email.People replied from their phones faster than from their tablets (28 minutes compared to 57 minutes.) Email responses from tablets were faster than on desktops, which took an average of 62 minutes. Average number of words per email was 20, 27 and 60 respectively.Email attachments really slowed things down with users taking nearly an hour to respond to any missive that featured a paperclip icon.As the number of emails ballooned, users replied to fewer of them and gave shorter replies. People who were bombarded with 100 emails or more per day only bothered answering about 5 percent of them, compared to a 25 percent average email response rate for people who had smaller in-boxes to manage.Users who were overwhelmed with incoming emails actually increased their email activity as the emails piled up but they couldn’t keep pace with the growing email overload. However, young emailers (25 and under) were better at handling the email avalanche. The more emails they got the faster they replied and the shorter messages they sent.Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Apple Watch Pre-Orders Already Outnumber Android Wear’s Annual Sales

Apple Watch Pre-Orders Already Outnumber Android Wear’s Annual Sales Apple, Inc.(NEW YORK) -- Estimates are already hinting that Apple Watch pre-orders may have hit one million units this weekend, surpassing the number of Android Wear sold last year.Apple Watch pre-orders began on Friday in select countries, but one estimate says already that 957,000 people in the U.S. alone ordered the device on the first day.The company that produced that report, Slice Intelligence, referred to their panel of two million online shoppers and found that 9,080 people in that panel had pre-ordered the Apple Watch this past Friday. That already surpasses the more than 720,000 Android Wear devices that sold last year, according to another research firm Canalys, which released its report in February.Gene Munster, Piper Jaffray & Co. senior research analyst, called Slice Intelligence’s estimate “optimistic,” but Apple Watch’s launch is still strong.Munster estimates Apple will ship close to one million Apple Watches by April 24, around which time he estimates Apple will have about 50 percent of the wearables market.“We’re a little bit more measured,” he said. “But no matter how you cut it, it’s a good launch.”Jaimee Minney, vice president of marketing and public relations for Slice Intelligence, told ABC News she wasn't surprised with the early pre-order estimates for the highly anticipated wrist device.In other Slice Intelligence research, Apple users were "far underrepresented" in the smartwatch market, even though Apple customer demographics were very similar to those of the smartwatch market."Apple users were waiting for the Apple watch, so when we saw this huge surge in demand, we were not surprised at all," she said.Meanwhile, Apple has so far remained silent on how many pre-orders it received.Tim Coulling, Canalys senior analyst, agreed that he wasn't surprised if Apple Watch pre-orders have already surpassed Android Wear device sales. Most recent examples of Android Wear devices sell for around $199.99 and up and include the ASUS Zenwatch, Moto 360, Sony SmartWatch 3, as well as Samsung and LG devices."There’s a lot of anticipation around the product. It’s far more advanced in terms of functionality," Coulling told ABC News. "Apple’s brand is a very fashionable brand so it’s likely that people will buy the product as a watch as well as a smartwatch."But, Coulling said, he doesn't expect Apple Watch sales to reach the same levels of those of the iPhone and iPad."There isn’t really an overriding reason to buy a smartwatch right now at the moment," he said. "An iPhone is an essential communication device, like a smartphone. A tablet or the iPad is a computing device. A lot of people don’t even wear watches because they have a smartphone all the time."Apple and Google did not immediately respond to requests for comment. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Ben & Jerry’s Free Cone Day Is Back April 14

Ben & Jerry’s Free Cone Day Is Back April 14 Ben & Jerrys/Business Wire(NEW YORK) -- In the annual tradition of Ben & Jerry’s giving back to its customers since 1979 as a way to say “thanks,” the ice cream chain is handing out free cones Tuesday.Expect long lines at the brand’s ice cream shops around the country from noon to 8 p.m. on April 14. Nothing is off limits: Fans can get back in line as many times as their heart desires. Click here to find your nearest scoop shop. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Report: US Airlines Performed Worse in 2014

Report: US Airlines Performed Worse in 2014 iStock/Thinkstock(NEW YORK) -- If you've noticed air travel isn't as pleasant as it used to be, you're not alone. According to new study out Monday, airline performance was worse in all of the major categories last year.The annual Airline Quality Rating report found that in 2014, U.S. air carriers were about 2 percent less likely to arrive on time, 13 percent more likely to lose bags and 3 percent likelier to bump passengers from flights.The report, which examines Department of Transportation statistics, also found that complaints to the government about everything airlines do wrong went up 22 percent.Overall, big carriers did better than smaller ones. Virgin America and Hawaiian Airlines were rated among the best, while Envoy Air and Frontier were among the worst. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Three Apps to Help Shoppers Save Money

Three Apps to Help Shoppers Save Money iStock/Thinkstock(NEW YORK) — In the age of the smartphone, you don’t need to clip coupons to save money. Nowadays, it’s all about cash-saving shopping apps.ABC's Good Morning America talked to David Pogue, vice president of Yahoo Tech, about how shoppers can use apps to save big.Pogue -- who appeared on GMA as part of the Yahoo Your Day collaboration -- said the apps not only collate prices from stores in one location, but they also know what deals, specials and offers are currently available.Pogue revealed the three must-have mobile apps shoppers should use every day in order to save time and money.1. RetailMeNot. Not only does this app help shoppers make online purchases from home, it also helps shoppers spot online deals before they head to buy something in a store.Using The Gap as an example, he searched the app for items that might be on sale from the retailer.The result? “Here’s a complete list of all the coupons and deals, and discounts rounded up from all over the web,” he said.2. Red Laser. It’s a barcode scanning app that shoppers can use when they’re in a store.“This is especially useful in those stores that say we’ll meet any price, or beat any price…,” Pogue said, adding, “I’m going to scan the barcode with my phone, I just hold it up to the barcode like that it tells me exactly what I scanned.”Pogue scanned a book and got several results.“There it is…the local price and the online price is less, and if I scroll down, here’s every book store, every place that’s got it, and all the different prices for them,” he said3. Shyp. This app simplifies the process of making store returns from home, Pogue said. First, you take a picture of the item you’d like to return. “And then for $5…they’ll come to your house, pick it up, pack it up, and ship it for you, plus the shipping cost,” he said. ABC Breaking US News | US News Videos Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Microsoft Exploring ‘Smarter Home Appliances’ with Appliance Manufacturer Miele

Microsoft Exploring ‘Smarter Home Appliances’ with Appliance Manufacturer Miele Photo by David Ramos/Getty Images(HANOVER, Germany) -- Microsoft is looking into integrating its technology into household appliances in a consumer-friendly way as part of a collaboration with appliance manufacturer Miele.In a series of videos, the company unveiled work being done in conjunction with various companies, including Fujitsu, Kuka and Miele. One customer-minded concept focuses on integrating the web into high-end domestic appliances sold by Miele. For example, Microsoft says, users would be able to browse recipes at Miele's website, select one, have the necessary food preparation stages downloaded to their mobile device and via a matching program, loaded to their oven. "The oven is programmed to cook the specific meal using the proper operating mode, temperature, cooking time, humidity and other factors," Microsoft notes, "taking out guesswork and promising great results.""This is just one example of how the Internet of Things and cloud technology are moving from enterprise experiences to personal experiences," Microsoft's General Manager for Worldwide Manufacturing and Resources Caglayan Arkan said. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Google Seeking Improved Battery Performance, Says “Wall Street Journal”

Google Seeking Improved Battery Performance, Says “Wall Street Journal” Photo by Adam Berry/Getty Images(NEW YORK) -- Google may be seeking improved battery life for its products, potentially looking to develop an improved battery on its own.The Wall Street Journal reports that Google began testing batteries developed by other companies for use in Google devices -- such as Google Glass -- in 2012. About a year later, the Journal says, the company began looking into developing its own battery technologies.The Journal notes that the first version of Google Glass suffered from short battery life. Other companies, including Apple and Tesla have also are seeking improved batteries. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

US Airways Software Outage Causes Delays

US Airways Software Outage Causes Delays Photo by Kevork Djansezian/Getty Images(NEW YORK) -- US Airways experienced a nationwide software outage Saturday, delaying passengers as they tried checking in for their flights. The outage, which began at 6 a.m. and lasted an hour, has since been resolved, said Casey Norton, the director of communications for American Airlines. The two companies merged in 2013. The outage affected passengers checking in, as well the airline's ability to scan baggage and boarding passes, Norton said. Passengers were recommended to check the status of their flights as the outage caused delays.   . @AmericanAir experienced a system wide computer outage this morning. The system is now online. Please check flight status with airline. — CLT Airport (@CLTAirport) April 11, 2015   Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Nutella Baked Goods Coming to Tim Hortons Locations

Nutella Baked Goods Coming to Tim Hortons Locations gojak/iStock Editorial/Thinkstock(NEW YORK) -- Tim Hortons guests will soon be saying, "You had me at Nutella." Starting on May 8, Tim Hortons will offer new baked goods in at its U.S. locations featuring Nutella, such as the new chocolate hazelnut donut and pastry pockets filled with the spread.Customers will also be able to ask for the Nutella spread option to have on any bagel. "This is a sweet day for Tim Hortons," said Julie Unsworth, Senior Director, Brand Marketing, Tim Hortons in a release. "This is a melt-in-your-mouth, must-try treat."Tim Hortons will offer baked goods with Nutella at the company’s U.S. stores from May 8 to August 18 of this year. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Chuck E. Cheese’s Unveils New Menu with Parents in Mind

Chuck E. Cheese’s Unveils New Menu with Parents in Mind CEC Entertainment, Inc.(NEW YORK) -- The restaurant known for being the place “Where A Kid Can Be A Kid” has revamped its menu to cater more to grown-up tastes. The new menu rolled out nationwide this month featuring new sandwiches, wraps, and wings in addition to the chain’s signature pizza offerings. "Kids are at the heart of everything we do at Chuck E. Cheese's, but kids don't come alone, and we want to make sure parents have just as enjoyable an experience as the kids do, especially when it comes to the food," said Tom Leverton, CEO of CEC Entertainment, Inc in a news release.The new menu is now available in all 545 Chuck E. Cheese's locations. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

American Airlines Receives Single Operating Certificate From FAA

American Airlines Receives Single Operating Certificate From FAA vandervliet93/iStock Editorial/Thinkstock(FORT WORTH, Texas) -- American Airlines received a single operating certificate from the Federal Aviation Administration on Wednesday for American and US Airways, marking a major milestone in the integration of the two airlines.The FAA's approval for both airlines to operate under one certificate marks more than 18 months of work aligning the carriers' operating policies and procedures. Starting on Wednesday, most flight operations, maintenance and dispatch procedures will be identical for all flights. "Achieving a single operating certificate is an important step toward becoming a fully integrated airline and the effort to reach today's milestone touched nearly every area of our company," said Robert Isom, American's Chief Operating Officer in a statement. The FAA's recognition of American as a single operator does not mean change for customers, who will continue to check in for their flights on aa.com, usairways.com, or at American or US Airways ticket counters until later this year, when American moves to a single reservations system. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Wall Street Marks Second Straight Week of Gains

Wall Street Marks Second Straight Week of Gains JaysonPhotography/iStock/Thinkstock(NEW YORK) -- A second straight week of gains for the Dow and the S&P 500. The Dow Jones Industrial Average closed the session Friday at 18,057.65, up 98.92 from its open.The Nasdaq was up by 21.41 to a close of 4,995.98, while the S&P 500 was up by 10.88 to 2,102.06.The markets were helped on Friday by General Electrics, after the company announced it would be selling its long-struggling lending business. Shares of GE soared more than 10 percent on Friday to their highest price in almost two years.Government health advisers are believed to have reservations about a proposal by Swedish Match to markets its smokeless pouches as less harmful than cigarettes and other tobacco products. The company wants the Food and Drug Administration to remove or revise warning labels. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

What It’s Like to Get an Apple Watch Fitting

What It’s Like to Get an Apple Watch Fitting Alyssa Newcomb/ABC(NEW YORK) -- A big day for Apple usually means lines of people, some of who have been camped out for hours or days.For the release of the Apple Watch, the first new product category since the iPad, Apple is trying something different. Instead of physically getting in line, Apple wants you to get in line by going online.Beginning at 3:01 a.m. ET Friday, customers have the option of pre-ordering the Apple Watch of their choice or making an appointment for an in-store fitting.While Apple is directing people to the website to schedule a 15-minute fitting experience, they'll also accommodate walk-ins if time permits. Customers can also play with an Apple Watch display unit that lets them demo the interface. However, they won't be able to try one on without meeting with an Apple employee. ABC News' Alyssa Newcomb had an Apple Watch fitting in New York City on Friday. Read about her experience below: Logging on to the site at 3:01 a.m. ET was easy -- but it took some patience to wait for an appointment to be booked at Apple's Fifth Avenue store in Manhattan despite the fact that there appeared to be plenty of open spots.Around 3:30 a.m. ET, I got confirmation that I was booked for a fitting at 11 a.m. ET -- meaning I was in the clear to go back to bed.Heading to the store nearly eight hours later, I was met by an Apple employee who checked me and took me over to a display area where she opened a drawer revealing rows of the Apple Watch and the Apple Watch Sport.After pulling out the first watch I wanted to try on, the $349 Apple Watch Sport with a white band, my Apple guide helped fasten it onto my wrist and find the right fit.While many of the watches weren't completely charged, some were able to play a demo loop showing the different capabilities of the watch and giving me a feel for what it would look like on my wrist when I'm at the gym or in the office.Next, I tried on the Apple Watch in the Milanese Loop, which provides a more dressy look for the wearable. The magnetic closure made it easy to find the right fit for my wrist. Tim Cook has called the Apple Watch the company's "most personal" device yet, and it's an idea that the appointment process really takes into consideration.After spending 15 minutes getting fitted and asking an Apple employee questions, I walked away with a better understanding of the differences between the watches and which one could work best for me. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Boeing Files Patent for Upright Sleep System

Boeing Files Patent for Upright Sleep System United States Patent and Trademark Office(NEW YORK) -- If you fly economy, you know that sleep can be elusive sans medication. There is hardly no comfortable place to rest your head. Maybe you’ve seen people -- or have even tried -- resting your head on the tray table? Or sleeping on the shoulder of the person next to them?It doesn’t have to be this way. And it won’t, if a patent recently filed by airplane designer and manufacturer Boeing actually gets produced.The patent, filed late last month, is called the Transport Upright Vehicle Support System. No doubt that by the time it gets made, Boeing will have come up with a much snazzier name. Here’s how it works: The “upright sleep system incorporates a head cushion having a face relief ... with a hinge support structure for angular adjustments, sleeves that open in front to support the passenger’s arms and a chest cushion on the back of the device. The cushion receives the passenger’s chest in a forward leaning position. The head cushion is deployable from a backpack and the chest cushion is integrated into the back of the backpack.”An easier way to think about it: If you’ve ever sat in one of those massage chairs at the nail salon where you lean on a support board with a face opening, it’s very similar to that.So how likely is the Transport Upright Vehicle Support System to be integrated into Boeing’s next generation of airplanes? The company won’t comment, but Deepak Gupta, managing director of PatentYogi, told ABC News, “The invention looks feasible indeed. Air travel companies may offer this service for an additional cost to customers. Tissue based covers may be used to take care of hygiene concerns.”Gupta calls them “cuddle seats.”He created a video showing how the system might actually work in flight. You can view it below: Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Weird Tax Deductions Paid Off for These People

Weird Tax Deductions Paid Off for These People iStock/Thinkstock(NEW YORK) -- Two out of three taxpayers have already filed their taxes, according to the Internal Revenue Service. But if you're that remaining third, don't be tempted to pull tax savings out of thin air. There are some strange deductions that people have legitimately claimed."There are two camps -- the odd, really odd deductions that people try to take and don't get away with -- and then in some instances, there are the odder ones that people do get away with," said Richard Gartland, H&R Block senior tax advisor.Most people probably can't legitimately deduct elective plastic surgery, but one tax court approved an exotic dancer's deduction for the cost of her breast implants for business.Unusual medical deductions, boarding school for a child with respiratory problems and even clarinet lessons to deal with an overbite have been approved in some cases.Of course, talk to a tax professional if you have a doubt. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

What It’s Like to Try on the $17,000 Apple Watch Edition

What It’s Like to Try on the $17,000 Apple Watch Edition ABC NewsREPORTER'S NOTEBOOK by ALYSSA NEWCOMB(NEW YORK) — A girl can dream, right?I tried on the most expensive Apple Watch, the $17,000 Edition, Friday morning at the Apple Store on Manhattan's Upper West Side.The Apple Watch Editions were kept at the side of the Apple Store, where I was invited to sit down and have a fitting with an Apple employee who explained what makes it so special.The watch comes with the same functionality as the $349 Apple Watch Sport and the Apple Watch, but is crafted with 18-karat gold that Apple said has been developed to be twice as hard as standard gold.The display is kept in pristine condition thanks to polished sapphire crystal. The $17,000 Edition I tried on came with a red band that contrasted nicely with the gold watch.   Apple Watch fittings and preorders begin today. I checked out the $17,000 Apple Watch Edition. A video posted by @alyssanewcombabc on Apr 10, 2015 at 6:07am PDT   Having the watch on my wrist felt the same way as the more budget-friendly Apple Watch and Apple Watch Sport models, with the added bonus of a bit more bling. But it sure was nice to try on the ultimate techie status symbol.Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

Three Ways to Make the Most of Your Old Smartphone

Three Ways to Make the Most of Your Old Smartphone iStock/Thinkstock(NEW YORK) -- Having a shiny new Samsung Galaxy S6 may make it easy to part with one of its predecessors, but there are a few clever ways a functioning smartphone can still be put to use.With Samsung's Galaxy S6 and Galaxy S6 Edge reaching customers on Friday, it may seem like a smart idea to trade in or sell old devices.Or you could put it to use.Here are three ways your functioning spare Android smartphone can be put to work:Chromecast ControllerHave a Google Chromecast streaming stick? You can now turn your Android device into a permanent remote control that can be used to wirelessly stream video content on your television.Digital Photo FrameTurn your old Android device into a digital photo frame to jazz up your office or make a curated stream for a special occasion with the Dayframe app.Photos will play on a continuous stream and can even pull in memories from social networks. Bonus: If you have a Chromecast, it's possible to enjoy the photos on a larger screen.Home Surveillance SystemPresence, an app available for iOS and Android, lets users turn an old smartphone or tablet into a home security system that will pair with their new device, allowing users a view of home even when they're away.Presence can also send video alerts to users if it suspects suspicious activity at home. Using its motion detector, it can turn on lights and other devices to alert intruders they have been detected. Follow @ABCNewsRadio Copyright © 2015, ABC Radio. All rights reserved.

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