Andrea Beck and Donald Yap hope to start a family soon, and wonder how their mortgage debt will affect their dream of retiring at 55. (MONEY Magazine) — Donald Yap, 33, and Andrea Beck, 34, make pretty good money: a combined $183,000 from her job as a researcher at the ...
Shares of People.cn, soared 74% in their debut on the Shanghai Stock Exchange. NEW YORK (CNNMoney) — Propaganda doesn’t pay? Actually it’s pretty lucrative … at least if you’re a media outlet backed by the Chinese government . People.cn, the online arm of People’s Daily, the official newspaper of the ...
BERLIN — There’s nothing like having oil and natural gas to lift national self-confidence and power. The Caucasus republic of Azerbaijan is no exception. With less than four weeks to go before it hosts the Eurovision Song Contest, the Azeri authorities are working against the clock to finish the Baku ...
Washington – Republicans defied a veto threat and the House voted Friday to prevent federal loan costs from doubling for millions of college students. The vote gave the GOP a momentary election-year triumph on a bill that has become enmeshed in partisan battles over the economy, women’s issues and President ...
In the political arena, one side is winning the war on child obesity. The side with the fattest wallets. After aggressive lobbying, Congress declared pizza a vegetable to protect it from a nutritional overhaul of the school lunch program this year. The White House kept silent last year ...
The Kindle Fire is displayed at a news conference in September, 2011. Ordinarily, if a company announces its profit dropped by more than a third and predicts a small profit or a possible loss for the following quarter, investors don’t reward it with a stock bump of more than 15 ...
Improved profits from North America were overwhelmed by overseas losses. NEW YORK (CNNMoney) — Ford Motor reported a sharp drop in first-quarter earnings Friday, as losses in Europe and Asia and a slight drop in sales hurt results. Ford earned $1.4 billion, down 45% from $2.6 billion a year earlier.
LONDON — The Danish authorities said on Friday they had arrested three men in the capital, Copenhagen, accused of planning a terrorist operation and of illicit possession of fire-arms. The Danish intelligence agency, PET, said the men, seized at two separate locations, were a 22-year-old Jordanian citizen, a 23-year-old Turkish ...
By Julie Appleby, KHN staff writer Millions of consumers and small businesses will receive an estimated $1.3 billion in rebates from their health plans this summer under a provision of the health care law that effectively limits what insurers can charge for administration and profits, a new studyprojects. “This alone ...
Now that the $26 billion robo-signing settlement is in place, banks should be more free to pursue foreclosures again. NEW YORK (CNNMoney) — There is more evidence that the foreclosure logjam is breaking up. Filings are spiking in areas where judges had held up foreclosures because of robo-signing allegations, according ...
Chrysler reported sharply improved earnings and sales in the first quarter. NEW YORK (CNNMoney) — Chrysler Group reported strong first-quarter earnings and sales, another sign of the automaker’s progress since its 2009 bailout and bankruptcy reorganization. Chrysler earned $473 million in the quarter, more than quadruple the $116 million it ...
April 26, 2012, 4:55 am By J. DAVID GOODMANIn order to view this feature, you must download the latest version of flash player here. The Lede is following a second day of testimony by Rupert Murdoch on Thursday and other developments in a judicial inquiry into the behavior of the ...
The company Element Electronics has moved the assembly of its larger televisions from Asia to Canton, Mich., and they’ve already sold out for the year now that several chain stores have taken notice. NBC’s Kevin Tibbles reports. By Stephanie Himango and Kevin TibblesNBC News CANTON — Mike O’Shaughnessy says it ...
Stocks rose Wednesday and the Nasdaq saw its best percentage gain for 2012 a day after Apple’s blowout results further lifted optimism about the strength of earnings. Pushing the S&P 500 to its session high in afternoon trade, Federal Reserve Chairman Ben Bernanke said the Fed stands ready to act ...
Manhattan Institute Project FDA Report No. 5. “Stifling New Cures: The True Cost of Lengthy Clinical Trials,” by Avik Roy. Yesterday, the Manhattan Institute released a study I authored, entitled “Stifling New Cures: The True Cost of Lengthy Clinical Drug Trials.” (You can read the full report here.) The paper ...
Louisville is one of the nation’s most polluted cities. Click the picture to see the rest. NEW YORK (CNNMoney) — While dangerous pollutants still threaten the health of millions of Americans, the United States has made great strides in clearing the air, according to the American Lung Association. In its ...
Terry Duffy, the head of exchange operator CME Group, testifies about the collapse of MF Global on Capitol Hill Tuesday. NEW YORK (CNNMoney) — Investigators probing the collapse of bankrupt brokerage MF Global said Tuesday that they have located the $1.6 billion in customer money that had gone missing from ...
