American families are on financial thin ice
Related: This is why Obama is so concerned about the middle class – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors….
Tag: mercantile
Taco Bell: Emoji unfairly biased towards hamburger and pizza lovers
Taco Bell claims that its customers “have been asking for a taco emoji for years.” Current food and drink emojis include beer, wine, coffee, ice cream, a donut, a hamburger,…
Cost keeps uninsured from enrolling in Obamacare, even if they qualified for aid
Many, however, didn’t even try to sign up. The survey found that nearly six out of 10 uninsured people who appeared eligible for coverage through the health law did not…
Comcast changes customer name to A-hole on bill
Comcast (CCV) is fully aware of its reputation for bad customer service, and has apologized for it before. In one of the more public incidents, Comcast customer Ryan Block posted…
The growing poverty problem in America’s schools
The divide is also clear in international educational measures. American children who go to schools with fewer than 10% of students eligible for subsidized lunch score close to the top…
Greece: Putin’s new ally in Europe?
The two countries have established trade ties. Almost 13% of Greek imports came from Russia in 2013, according to the IMF. Greece’s share of Russian imports is much less significant….
Oil giant Royal Dutch Shell cuts spending by $15 billion
BHP Billiton (BBL) announced this month it was cutting its U.S. onshore rig operations by about 40% this year. Schlumberger (SLB) recently announced plans to lay off 9,000 workers. –…
Close Sesame! Alibaba plunges as sales miss
Even though Alibaba’s earnings report clearly disappointed Wall Street, Jack Ma’s company has made a big splash with investors since its blockbuster initial public offering in September. – Chicago Mercantile…
The Bible proves to be a big seller for Newsweek
He said the number of copies sold compared with the number of copies distributed on the news stand has been an “astounding” 40% thus far. That’s “more than double the…
Visa loves the fees and announces a stock split
Overall, the company solidly beat Wall Street expectations for revenues and earnings per share. Experts often use Visa, MasterCard (MA) and American Express (AXP) financial reports as a rough gauge…
Amazon stock soars after earnings beat
Amazon is no stranger to red ink. It routinely posts quarterly losses or declining profits despite generating billions of dollars in sales. The company’s strategy is to make long-term investments…
Google’s ad revenue continues to struggle
Related: Google Fiber expands to four more cities – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
‘Shark Week’ becomes ‘Summer of the Shark’
(The young Lesniak actually helped to get a law passed last year that banned the possession and sale of shark fins in Massachusetts.) – Chicago Mercantile Association: Certain market data…
Feds take down revenge porn king
He also solicited nude photos from women on Craigslist under false pretenses. – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors….
The cost of doing business in China: Spying
By giving up source code to the Chinese government, companies like Apple (AAPL, Tech30) and Microsoft give up their highly guarded blueprints, revealing weaknesses that could give hackers a road…
Beware promises of ‘outlandish’ and inflated tax refunds, IRS warns
Related: IRS warns of shady tax preparers stealing refunds and identities – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All…
Oil crash: ‘Drill, baby, drill’ loses momentum
“Whenever prices crashand this is a once-in-a-generation crashyou’ll see the rig counts drop,” said Tom Kloza, chief oil analyst at the Oil Price Information Service. To be clear, U.S. oil…
Greek banks plunge as new government challenges bailout
Greece’s previous government had been overhauling the economy to satisfy conditions of the bailouts. Austerity and reforms were supposed to return the Greek economy to growth and ensure it could…
LA police chief claims Google’s traffic app endangers cops
CNNMoney asked the LAPD chief why the location of uniformed officers and marked police vehicles should remain secret, but he hasn’t yet responded. At the heart of the issue, though,…
7 things you’re doing on vacation that scream tourist
Showing too much bling. Most Europeans wear simple gold or silver wedding bands, according to Scott. “A lot of expensive jewelry or a diamond wedding ring is going to peg…
Apple has mind-boggling $178 billion in cash to spend
Those are just a few ways Cook could get rid of that cash. He could also buy either Visa (V) or MasterCard (MA) (not even Apple could afford both) to…
Want a big screen TV for the Super Bowl? Buy now!
If you live in Seattle or New England, deals could be even more heavily discounted, Arnold said. That’s because interest will be even higher in regions that have teams playing…
What did the Northeast snowstorm cost?
Canceled flights alone cost the economy an estimated $230 million, according to the U.S. Travel Association. Other costs won’t be tallied for several months. Many homeowners, for example, don’t notice…
Russia raids infrastructure fund to save banks
The 60-point plan also includes billions in new support for Russian pensioners to help them cope with soaring inflation. The scale of the revival plan could balloon — many of…
Samsung needs to reinvent itself (again)
In response, Samsung is working to pare down its crowded smartphone lineup. It’s also making a major move into India to capture more of the low-cost phone market. Related: Apple…
74.5 million iPhones is …
… 34,000 iPhones sold every hour, every day, every week of the past three months. That’s nine iPhones every second. … more than the total number of televisions and tablets…
Ford recalls Interceptor police cars
Related: Ford recalls cars to fix ‘improper’ recall – Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.
Shake Shack IPO heats up
Shake Shack was the brainchild of New York restaurant legend Danny Meyer. The company is owned by Union Square Hospitality Group and earned $5.4 million last year. Related: These 10…
Bad dog! GoDaddy pulls puppy ad from Super Bowl
Irving tweeted his thanks to @animalrescuers, an SPCA group, for their “candid feedback.” A petition on Change.org garnered 40,000 signatures to kill the commercial. – Chicago Mercantile Association: Certain market…
Qatar buys London’s banking district
Qatar already owns several London landmarks, including the Shard, which is western Europe’s tallest building. It also owns luxury department store Harrods, and the Olympic Village. – Chicago Mercantile Association:…