Company News

PCs are dead. So says Wall Street. Again.

Microsoft, Intel and HP were hot stocks in 2014. But not this year. Even with the Nasdaq topping 5,000 again, these three companies with big ties to the old PC biz are not rallying.  More

Warren Buffett knows who next Berkshire CEO is

Berkshire Hathaway CEO Warren Buffett released his 50th annual letter to shareholders. The Oracle of Omaha thinks the next 50 years will be great and knows who will replace him.  More

Benmosche, controversial former AIG CEO, dies

Benmosche sparked controversy and criticism during his five years running AIG, but oversaw turnaround that resulted in taxpayer profit on bailout.  More

Too much Facebook leads to envy and depression

A recent study found that heavy Facebook users can experience envy, which can lead to depression.  More

Google+ is about to be broken up

Google+ is going to be broken up into Photos, Hangouts and Streams.  More

This tiny card will give your smartphone 200 GB of storage

SanDisk's 200 GB microSD card will give your smartphone pretty much all the storage it needs.  More

Marriage hurts a hedge fund manager more than divorce

The happiest day of a hedge fund manager's life is a sad day for his investors.  More

ISIS supporters threaten Twitter founder

A group claiming to have ties to ISIS has threatened Twitter employees and the company's founder, Jack Dorsey.  More

UnitedHealth limits coverage for most common hysterectomies

UnitedHealth places sharp limits on coverage for laparoscopic or abdominal hysterectomies, following warnings from experts that it poses risks to patients.  More

You got hacked. Cybersecurity stocks soar

February was a fantastic month for the whole market. But cybersecurity stocks and the new HACK ETF were among the biggest winners thanks to more big data breaches and strong earnings reports.  More

Samsung unveils beautiful new Galaxy S6

Samsung has unveiled the latest versions of its flagship Galaxy smartphones.  More

Zombie brands with a second life

Where you can still get an Ionic Breeze air freshener. The Sharper Image and five other bankrupt brands still walk among the living, sort of.  More

KFC tests edible coffee cups

KFC is testing 100% edible chocolate-lined coffee cups in the U.K.  More

Now Starbucks is getting into TV and film

Starbucks' latest project involves a new media start-up that "will create and produce nonfiction, social-impact content," according to the new company's founder, award-winning journalist Rajiv Chandrasekaran.  More

Netflix hails net neutrality vote as 'win' for consumers

Netflix celebrates 3-2 vote by FCC in favor of new regulatory approach.  More

The New York Daily News exploring sale

One of New York's biggest newspapers may have a new owner soon.  More

Apple iPhone import ban sought by suit

Ericsson is trying to ban the iPhone and iPad as part of a patent lawsuit.  More

Google allows porn on Blogger after backlash

Google says porn will continue to be allowed on Blogger after previously banning it.  More

ESPN writer rallies help in search for missing son

The son of ESPN.com writer Ivan Maisel has been missing since Sunday.  More

Tech firms freak out as China erects barriers

Western companies are starting to freak out about moves by China that could block them from swathes of its huge technology market.  More

The Bill O'Reilly controversies: Where they stand

Bill O'Reilly has been faced with challenges to stories he has told about covering the Falklands War, investigating of the JFK assassination, and witnessing the murder of nuns in El Salvador.  More

Wanna fly LaGuardia to L.A. direct? Someday maybe you can

Rule restricting flights to and from LaGuardia Airport to 1,500 miles may be lifted, allowing New York's cross-country travelers to avoid JFK and Newark.  More

Former JP Morgan banker Bill Winters is back

Bill Winters, the former co-head of JP Morgan's investment bank, has just scored a new gig as CEO of Standard Chartered.  More

Nothing stops Frank Underwood ... or Netflix

Netflix is one of the hottest stocks of the year. Can the momentum continue now that "House of Cards" is about to return?  More

Apple to host 'special' event on March 9

Apple is likely going to unveil more details about the Apple Watch at its special event on March 9.  More

One of America's oldest malls is closing

The Northland Center outside of Detroit was one of the first shopping malls built in the 1950s.  More

Morgan Stanley agrees $2.6 billion settlement

Morgan Stanley is paying $2.6 billion to settle claims linked to the mortgage bubble that triggered the 2008 financial crisis.  More

T.J. Maxx to hike minimum wage for workers

TJX Companies, which owners T.J. Maxx, Marshall's and Home Goods, says workers will get $9 an hour later this year, and $10 an hour by 2016.  More

America: The new destination for rich Chinese shoppers

New waves of Chinese tourists will soon hit U.S. shores and big retailers are poised to cash in.  More

Jon Stewart scoffs at Bill O'Reilly controversy

"Daily Show" Stewart scoffs at Bill O'Reilly's "war zone" controversy.  More

Lynch applies for "I won't get fined" trademark

The famously media-shy player filed a trademark application last week for the phrase "I'm just here so I won't get fined," his evasive answer to more than 20 media questions before Super Bowl XLIX.  More

Apple ordered to pay $533 million in iTunes patent lawsuit

Apple lost an iTunes patent lawsuit and must pay $533 million in damages.  More

Tipped workers in New York will get a raise

Waiters, bartenders and other tipped workers will be paid at least $7.50 an hour starting Dec. 31.  More

Only high-rollers get ringside seats for Mayweather-Pacquiao

The best seats for the big fight will be reserved for A-list stars and gamblers that have a $250,000 line of credit at MGM Grand.  More

You want the best flight deal? Google it

Google Flights is the best tool to find the cheapest airfare.  More

Elizabeth Warren brings a new fight for the middle class

Senator Elizabeth Warren and a colleague announced they're launching the Middle Class Prosperity Project, which her office says will look at "how the nation's economic system has been rigged against the middle class over the past several decades."  More

"Run, Forrest, run!" Nike brings back Gump shoes

Nike to re-release Classic Cortez running shoes.  More

Consumer Union leading fight against robocalls

Consumer Union is trying to pressure AT&T, Verizon and CenturyLink to take action to block robocalls it says are often scams.  More

Will a winter World Cup kill holiday shopping?

When the World Cup kicks off, roughly half the world tunes in. But plans to host the 2022 tournament in December could create a headache for one unsuspecting group: Retailers.  More

Mayweather vs. Pacquiao: Biggest payday in sports

Floyd Mayweather and Manny Pacquiao are expected to split close to $200 million or more for their May 2 fight.  More

Bookstore struggling with minimum wage hike gets a lifeline

Alan Beatts was set to close his bookstore this year, after San Francisco voted to hike the city's minimum wage to $15. But Borderlands Books got a lifeline from customers to stay open another year.  More

Workers at nation's largest oil refinery join growing strike

While nationwide contract talks between the union and management continue, workers at the nation's largest refinery have joined a strike that now has more than 6,500 U.S. oil workers off the job.  More

Apple may give Genius Bar major overhaul

Apple will begin texting customers when their Genius Bar appointments are about to take place, according to 9to5Mac.  More

HSBC boss hid bonuses in Swiss account

The boss of Britain's biggest bank has admitted to hiding his bonuses in a Swiss bank account.  More

Why this tech party isn't like 1999

The Nasdaq is rapidly approaching all-time highs, raising questions about whether or not another bubble is forming in tech stocks.  More

Google bans porn from Blogger

Google is banning public pornography on its Blogger site.  More

Britain is better off in Europe, top banker says

HSBC, the world's second largest bank, is worried about the risk of the U.K. quitting the European Union.  More

The Apple car: What we know

Here's all the evidence Apple is secretly building an Apple car -- or an Apple car OS.  More

Warren Buffett endorses European bikers

Warren Buffett is reportedly getting chummy with the biker community after his investment firm, Berkshire Hathaway, bought a motorcycle gear company.  More

Takata hit with $14,000 a day fine over exploding airbag probe

Takata accused of not cooperating with probe into airbags tied to at least five deaths.  More

How I fought Olive Garden (and won)

Activist investor James Mitarotonda looks to breathe new life into struggling companies like Darden by investing large sums of money and forcing major change.  More

Sports Authority said to be at 'high' risk of default

Privately-held Sports Authority could be less than a year away from default on $300 million of its debt according to credit rating agency Moody's.  More

YouTube has a new app just for kids

Google is launching a YouTube app for kids that strips out inappropriate videos and offers a design even toddlers can use.  More

Walmart's other promise to workers: Better schedules

Some workers will have the same hours on the same days of the week, a move that addresses another big problem many low wage workers face: inconsistent schedules.  More

Delta's 9/11 apology rejected by Emirates

The Middle Eastern airline whose executive publicly took offense at the Delta CEO's comments wasn't satisfied, and questioned the company's "credibility."  More

Walmart ups pay above minimum wage

Walmart, the nation's largest private sector employer, says it will pay at least $10 an hour to current workers within next year.  More

Uber looks to bank an additional $1 billion

The ride-hailing startup expects to raise another $1 billion, which would bring its latest round of funding to $2.8 billion.  More

Delta CEO apologizes for 9/11 comment

CEO Richard Anderson did not mean to link the gulf carriers with the 9/11 terrorists, Delta said Wednesday.  More

Truck drivers are big losers in port dispute

Thousands of nonunion truckers can't pay their bills due to the labor dispute slowing cargo through West Coast ports.  More

Muhammad Ali signs deal with Under Armour

The heavyweight boxing legend has inked a multi-year sponsorship deal with Under Armour that will launch next month with a "lifestyle apparel" line.  More

The 2 reasons I'm dumping Amazon stock

Amazon shares recently hit a high, but the Fire phone was a flop and the company still seems to be doing too much.  More

HSBC offices raided over money laundering allegations

Swiss authorities have raided two HSBC offices in Geneva, Switzerland, as part of a new criminal inquiry into allegations of money laundering.  More

Nestle says it is dropping artificial flavor and color from chocolate bars

Candy maker Nestle says more than 250 products will have artificial color and flavors dropped by the end of the year.  More

Qatar Airways CEO: charges of sexism are 'bulls---'

A report claims that flight attendants must obtain permission from the company before getting married or pregnant.  More

Tech stocks are on fire: How high can they go?

Apple isn't the only company having a record-breaking start to 2015. The Nasdaq is back at a 15-year high.  More

Super-sneaky malware found in companies worldwide

A shadowy hacking group has infected computers at companies, universities and governments worldwide with the sneakiest malware ever -- and signs point to the NSA.  More

California's oranges are rotting on the docks

The container ships that are the United States' pipeline to and from Asia are sitting idle off of the West coast, with no one to load and unload them.  More

What we know about the bank hacking ring - and who's behind it

A few hackers have just pulled off the biggest bank heist ever: $1 billion stolen from 100 banks in 30 countries.  More

Inside the world of Apple's design guru Jony Ive

A revealing New Yorker article delves inside the mind of Apple's designer Jonathan Ive. Here are CNNMoney's favorite tidbits.  More

European car sales recovery picks up pace

New car registrations in the European Union rose 6.7% in January on the previous year, to nearly 1 million vehicles.  More

Twitter CEO injured while skiing

Twitter CEO Dick Costolo tweeted that he fractured his collarbone while skiing, and he included a selfie to prove it.  More

Billionaire Nutella founder Michele Ferrero dies

Michele Ferrero, the founder and patriarch of the Italian Nutella and Ferrero Rocher empire, died on Saturday, Valentine's Day.  More

Geico accused of discriminating against low-income drivers

The insurance company is allegedly offering different coverage plans to drivers who are low-income, single, without a college degree, and previously uninsured.  More

Costco just killed my favorite credit card

Costco is breaking up with American Express, killing my favorite credit card in the process.  More

Greed is back! Stocks at all-time highs

Can anything stop this stock market? The S&P 500 is back at a record level and the Nasdaq is getting closer to its 2000 peak.  More

Recreational pot: $53 million in tax revenue to Colorado

But more people are still buying on the black market than expected.  More

Buying a gun silencer just got a lot easier

SilencerCo is selling $130 legal package to streamline suppressor purchases.  More

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