News

Business and financial news - CNNMoney.com

Citigroup shares: No longer toxic?
Tue, 09 Mar 2010 11:56:01 EST
Yes, Citigroup lost billions in the financial crisis. And yes, it's still swimming in toxic assets. But Bruce Berkowitz argues the worst is over.

Stocks struggle in early trading
Tue, 09 Mar 2010 09:56:49 EST
Stocks churned Tuesday as investors were cautious following several weeks of gains and ahead of some key economic reports due out later in the week.

43% have less than $10k for retirement
Tue, 09 Mar 2010 11:55:19 EST
The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.

Natural gas crystals: Energy under the sea
Tue, 09 Mar 2010 11:37:34 EST
It looks like ice -- but this ice could one day be used to heat your home.

Sex.com domain goes up for grabs
Tue, 09 Mar 2010 12:01:09 EST
Sex.com, one of the most valuable Internet domain names, will go up for auction next week after the previous owner defaulted on its debts.

A dangerous omen looms for bonds
Mon, 08 Mar 2010 14:57:19 EST
One of the key questions faced by investors today, a year after the markets were at their worst, is how safe it is to go back in the water

Employers still skittish on hiring
Tue, 09 Mar 2010 04:03:38 EST
Most employers are still cautious when it comes to hiring, planning neither to add nor cut jobs from their payrolls this spring, according to a staffing firm survey released Tuesday.

Chevron to cut 2,000 jobs
Tue, 09 Mar 2010 11:07:21 EST
Chevron Corporation, the second largest U.S. oil company, announced on Tuesday that it would cut 2,000 jobs this year amid challenging market conditions.

5 reasons to buy Apple stock again
Tue, 09 Mar 2010 10:50:43 EST
Think the run is over? Not so, says Bob Turner. He just bought 100,000 shares for his funds, bringing his total to 2 million.

Apple talks tough to handset makers
Tue, 09 Mar 2010 07:35:46 EST

My Prius took me for a ride - CNN
Tue, 09 Mar 2010 06:43:40 EST

AIG: $51 billion down, $51 billion to go
Tue, 09 Mar 2010 06:02:07 EST
After selling off its second "crown jewel" insurance business in a week, AIG has made a sizeable dent in its plan to repay its debt to taxpayers.

10 Best Companies for job growth
Tue, 09 Mar 2010 04:46:25 EST
Best Companies to Work For like the Scooter Store and DreamWorks notched impressive job growth last year and are showing no signs of slowing down.

How callers rate the carriers
Tue, 09 Mar 2010 10:40:39 EST

'Wonderland' shatters records
Tue, 09 Mar 2010 06:21:33 EST
Moviegoers flocked to the premier of "Alice in Wonderland" this weekend, with the big-budget Disney film shattering several box office records, highlighting the ongoing appeal of 3-D films.

Steve Jobs' big Oscar night
Mon, 08 Mar 2010 13:34:58 EST

Apple closes in on $200 billion
Sat, 06 Mar 2010 07:54:16 EST

Legal charges trim HP profit
Mon, 08 Mar 2010 11:14:43 EST
Hewlett-Packard revised its first-quarter net income down by $73 million on Friday, thanks to charges for litigation involving a company that the computer giant acquired in 2008.

Google vs. Apple: An epic battle
Fri, 05 Mar 2010 07:09:29 EST
Let the smartphone smackdown begin.

3 ways to save money
Tue, 09 Mar 2010 11:29:25 EST
1. Book a sweet getaway


43% have less than $10k for retirement
Tue, 09 Mar 2010 08:21:55 EST
The percentage of American workers with virtually no retirement savings grew for the third straight year, according to a survey released Tuesday.

Citigroup shares: No longer toxic?
Tue, 09 Mar 2010 04:31:47 EST
Yes, Citigroup lost billions in the financial crisis. And yes, it's still swimming in toxic assets. But Bruce Berkowitz argues the worst is over.

Natural gas crystals: Energy under the sea
Tue, 09 Mar 2010 11:35:32 EST
It looks like ice -- but this ice could one day be used to heat your home.

Chevron to cut 2,000 jobs
Tue, 09 Mar 2010 11:07:19 EST
Chevron Corp., the second largest U.S. oil company, announced on Tuesday that it would cut 2,000 jobs this year amid challenging market conditions.

The fall of a Wall Street highflier
Mon, 08 Mar 2010 12:43:48 EST
When Erin Callan talked, people listened.

Employers still skittish on hiring
Tue, 09 Mar 2010 12:12:24 EST
Most employers are still cautious when it comes to hiring, planning neither to add nor cut jobs from their payrolls this spring, according to a staffing firm survey released Tuesday.

Stocks struggle on anniversary day
Tue, 09 Mar 2010 09:55:45 EST
Stocks churned Tuesday as investors were cautious following several weeks of gains and ahead of some key economic reports due out later in the week.

Can't make your mortgage? Get an emergency loan
Mon, 08 Mar 2010 16:37:32 EST
The jobless may not be getting much help from President Obama's loan modification program, but those in Pennsylvania have another place to turn.

AIG: $51 billion down, $51 billion to go
Mon, 08 Mar 2010 13:42:45 EST
After selling off its second "crown jewel" insurance business in a week, AIG has made a sizeable dent in its plan to repay its debt to taxpayers.

Mr. Distress is ready to buy
Tue, 09 Mar 2010 04:09:08 EST
Whether it's steel, textiles, or auto manufacturing, Wilbur Ross has built a lucrative career finding gold in industries left for dead.

'Alice in Wonderland' shatters box office records
Mon, 08 Mar 2010 16:09:58 EST
Moviegoers flocked to the premiere of "Alice in Wonderland" this weekend, with the big-budget Disney film shattering several box office records, highlighting the ongoing appeal of 3-D films.

How to retire early, save for a home
Thu, 04 Mar 2010 08:06:49 EST
Like many households, Wener and Tieun Vieux have suffered a few financial jolts of late.

Good job news: Wages are rising. Really.
Fri, 05 Mar 2010 08:37:10 EST
The end of more than two years of job losses can't come soon enough for most Americans.

Rush Limbaugh wants $14 million for his NYC penthouse
Wed, 03 Mar 2010 14:27:19 EST
Conservative radio host Rush Limbaugh is saying adios to the Big Apple and selling his Fifth Avenue penthouse, asking almost $14 million.

IdeaPaint all over your office walls
Mon, 08 Mar 2010 05:45:39 EST
In 2002, a group of Babson College entrepreneurship students ran out of room on their whiteboard. They had spent hours brainstorming new business possibilities, and the sudden space crunch threatened to cramp their creativity.

First spark of a jobs recovery
Wed, 03 Mar 2010 16:11:33 EST
Main Street businesses shed another 18,000 jobs in February, bring the tally of jobs lost from America's small businesses to nearly 3 million since February 2008, according to a report released Wednesday by payroll processor ADP.

3 ways to save money this spring
Tue, 09 Mar 2010 11:29:23 EST
1. Book a sweet getaway

5 tax breaks you should look at
Sun, 28 Feb 2010 08:04:26 EST
Tax season is upon us. And while nobody likes shelling out their hard-earned dollars to the IRS, this year the government is offering up some new opportunities that could save you big money. As part of the American Recovery and Reinvestment Act, or stimulus bill, Congress introduced several new tax goodies that could help millions of Americans save -- as long as they know to claim them.