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Caterpillar Inc. Avoided $2.4B in US Taxes: Senate Report

Caterpillar Inc. Avoided $2.4B in US Taxes: Senate Report

KAREN BLEIER/AFP/Getty Images(WASHINGTON) — Caterpillar Inc., a U.S. manufacturer of construction equipment, has avoided paying $2.4 billion in taxes by shifting billions of dollars in profits to a wholly owned Swiss affiliate, a new report from …

Wall Street Trading Ends Higher

Wall Street Trading Ends Higher

iStock/Thinkstock(NEW YORK) — U.S. stock markets Monday made some gains to end the quarter.Stocks moved higher on cues from Federal Reserve Chair Janet Yellen who told community development officials in Chicago the “extraordinary measures” the Central…

The Best Days to Buy Anything

The Best Days to Buy Anything

iStock/Thinkstock(NEW YORK) — No one can tell the future, but we all can use tools to help us predict when to save the most money. Here are the best days to buy or sell things such as cars, clothing, food and more.1. The Car MarketThe best times to go…

Make-A-Wish Program Raises Flier Miles for Kids

Make-A-Wish Program Raises Flier Miles for Kids

Make-A-Wish(NEW YORK) — When San Francisco was transformed into Gotham last year to grant the wish of a Batman-loving kindergartener who suffered from leukemia, the city pulled out all the stops to make it a success.But first he had to get there.Batki…

As Recalls Mount, Lawmakers Will Have Plenty to Ask GM Boss

As Recalls Mount, Lawmakers Will Have Plenty to Ask GM Boss

Joe Raedle/Getty Images(WASHINGTON) — General Motors CEO Mary Barra is expected to face intense questioning during congressional hearings Tuesday regarding the automaker’s recall of 4.8 million vehicles since last month for various problems.In particu…

Tax Tip: Where’s My Refund?

Tax Tip: Where’s My Refund?

cabania/Thinkstock(NEW YORK) — More than 109 million Americans received refunds last year — and those refunds averaged $2,744. For some people, that’s the biggest check they’ll get all year, so it’s no wonder they eagerly wait for any word on that re…

General Motors Expands Recall, Total of 5 Million Cars in Trouble

General Motors Expands Recall, Total of 5 Million Cars in Trouble

iStock/Thinkstock(DETROIT) — Two new General Motors recalls were announced Saturday, making it a total of five million vehicles now suspected of trouble.
Some 2013 and 2014 Chevy Cruzes were recalled because of a problem with the axle that may fractu…

Couple Allegedly Claimed Welfare and Food Stamps While Living on $1.2 M Yacht

Couple Allegedly Claimed Welfare and Food Stamps While Living on $1.2 M Yacht

iStock/Thinkstock(MINNEAPOLIS) — A Minnesota couple who allegedly claim to be Scottish aristocrats are on the run, accused of claiming public assistance benefits while living on their $1.2 million yacht and driving a $30,000 Lexus.
Andrea Chisholm, …

New NFL App Brings Fans Closer to the Field

New NFL App Brings Fans Closer to the Field

iStock/Thinkstock(NEW YORK) — A new app can bring football fans closer to the action on the field– for a price.  The app, from developer Experience, gets people off their couches and into NFL stadiums by upping the fun factor.
With the new techn…

O.A.R. Ticket Price Ruling Could Spell Bigger Trouble for Consumers

O.A.R. Ticket Price Ruling Could Spell Bigger Trouble for Consumers

iStock/Thinkstock(CHICAGO) — How are an O.A.R. rock concert, parking and telecom consolidation potentially harming consumers?In a word: bundling. And things might get worse for customer prices when it comes to items such as concert tickets and telecom…

GM Expands Recall over Faulty Ignition Switches

GM Expands Recall over Faulty Ignition Switches

Steve Fecht for General Motors(DETROIT) — General Motors had already recalled 1.6 million vehicles to fix ignition switches that could be faulty.  Now, GM is adding 824,000 more small cars to the list.In a statement Friday, the National Highway T…

Microsoft Shares Give Dow a Boost

Microsoft Shares Give Dow a Boost

iStock/Thinkstock(NEW YORK) — Stocks moved higher to end the trading week Friday.The Dow Jones Industrial Average closed up 59 points at 16,323.06. The Nasdaq Composite rose 5 points to finish the session at 4,155.76. The S&P 500 added 9 points fo…

Philadelphia Brewery’s “Walking Dead” Beer Has Roasted Brains

Philadelphia Brewery’s “Walking Dead” Beer Has Roasted Brains

Dock Street Brewing Company(PHILADELPHIA) — A Philadelphia brewery is celebrating the season 4 finale of AMC’s Walking Dead with its own brain-flavored, blood-tinted beer.Dock Street Brewing Company‘s head brewer Justin Low is a big fan of…

Tesla’s Model S Gets Titanium Upgrade with Triple Underbody Shield

Tesla’s Model S Gets Titanium Upgrade with Triple Underbody Shield

Tesla Motors (NEW YORK) — Elon Musk’s Tesla Motors has adding a triple underbody shield to the company’s cars after well-publicized fire incidents last year, in turn closing out a federal probe. The car undersides now have a triple bullet-proof titani…

GM Recall: Fix for 1.6M Vehicles Will Take All Summer

GM Recall: Fix for 1.6M Vehicles Will Take All Summer

Joe Raedle/Getty Images(NEW YORK) — It’s going to take at least all summer to fix the 1.6 million vehicles General Motors recalled because of faulty ignition switches.”The first shipments of our parts are going to arrive at the dealer the week of Apri…

Amazon Aims for Bigger Slice of TV Audience

Amazon Aims for Bigger Slice of TV Audience

manaemedia/iStock Editorial/Getty Images(NEW YORK) — Amazon has big plans for your TV set. The online giant, known for aggressive marketing, is said to be on the verge of announcing a new set-top box.The company has set a news media event in New York …

Walmart Sues Visa over Transaction Fees

Walmart Sues Visa over Transaction Fees

Justin Sullivan/Getty Images(WASHINGTON) — Walmart is suing Visa, accusing the credit card company of conspiring with banks to illegally fix and inflate transaction fees.Every time a customer swipes a credit card, the card’s issuer gets a percentage o…

Bank to Teen: Give Us that Money Back!

Bank to Teen: Give Us that Money Back!

iStock/Thinkstock(MADISON COUNTY, Ga.) — A Georgia bank is asking a teenager to return $31,000 that was mistakenly deposited into his account. The problem is he may have already spent most of the cash. The Madison County Sheriff Office police were dis…

British Airways Runs ‘Escape to Indian Ocean’ Ad

British Airways Runs ‘Escape to Indian Ocean’ Ad

iStock Editorial/Thinkstock(LONDON) — While the search for the missing Malaysian Airlines plane continues, an ill-timed British Airways ad called on would-be travelers to “escape to the Indian Ocean.” The video advertisements caught London train commu…

Gross Domestic Product Rises in Fourth Quarter

Gross Domestic Product Rises in Fourth Quarter

iStock/Thinkstock(WASHINGTON) — While public opinion polls show a majority of Americans bemoaning the state of the economy, things may actually be picking up.The Commerce Department said Thursday that the gross domestic product rose at a 2.6 percent a…

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