Latest US Business News
RSS-
Wal-Mart Using Big Data to Power Mobile
Wal-Mart wants to tell you what to buy on your mobile device and it's using its massive collection of data to make it a reality. "Our mobile strategy is as simple as it is audacious. We want to make mobile tools that become indispensable for our customers while shopping in our stores and online," said Gibu Thomas, global head of Wal-Mart's mobile division, on Wednesday at the ...
-
Personal Finance Daily 10 things sleeping pills and products won’t say
With more than 40 million people--roughly a third of working Americans--not getting enough shut-eye, it's no wonder everyone from furniture makers to pharmaceutical companies are offering products to help. But how can a sleep-deprived person know whom to trust? Find out in today's Personal Finance ...
-
MarketWatch First Take H-P scores by going against Dell’s tactic
SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. reported a steep sales drop in its personal computer business, but the tech giant managed to keep the business profitable, even as consumer PC sales plunged ...
More US Business News
RSS-
Most tasteless question Apples CEO was asked in Washington
Perhaps it was odd enough that Sen. John McCain asked Tim Cook why he kept having to update the apps on his iPhone, but one question was even more ...
-
San Diego top Memorial Day destination
Expect a busy Memorial Day weekend as millions of Southern Californians hit the road, many of them opting to stay in San Diego, reports the Automobile ...
-
Summary Box Stocks close lower on Fed fears
MIXED MESSAGES: Stocks surged in the early going after Fed chairman Ben Bernanke told Congress the central bank was unlikely to pull back from its stimulus programs soon. Then minutes from a Fed meeting were released that suggested other policymakers think a pullback is possible as early as next month, and stocks dropped.BRISTOL SURGES: Bristol-Myers jumped 5 percent after a financial analyst ...
-
A divided Fed wrestles with when to slow bond buys
WASHINGTON -- The Federal Reserve is torn over when to slow its aggressive efforts to stimulate the economy.Its uncertainty burst into view Wednesday, when Chairman Ben Bernanke testified to Congress in the morning and the Fed in the afternoon released the minutes of its last policy meeting.Stock prices gyrated through the day as investors struggled to determine whether the Fed might soon pull ...
-
Fisher-Price moving eliminating about 100 NY jobs
EAST AURORA, N.Y. -- Toy maker Fisher-Price says it's moving or eliminating roughly 100 jobs from its New York operations as part of restructuring by parent company Mattel Inc.The majority of jobs will be reassigned to Mattel's El Segundo, Calif., headquarters. Fisher-Price says workers have been offered relocation packages but some received layoff notices.Most of the affected ...
-
FDA panel backs experimental Merck insomnia drug
WASHINGTON -- A federal panel of medical experts says that an experimental insomnia drug from Merck & Co Inc. appears safe and effective, despite evidence from company trials that the pill can cause daytime sleepiness and difficulty driving.A majority of panelists on the Food and Drug Administration panel voted that Merck's sleeping aid, suvorexant, helped patients get to sleep and ...
-
Tesla uses stock note sale to repay government
DETROIT -- Electric car maker Tesla Motors says it has repaid a loan from the U.S. government nine years early.The company says it wired a $451.8 million payment to the government on Wednesday to retire a loan it received from the Department of Energy.The agency loaned Tesla $465 million in 2010 to make advanced-technology vehicles. The company used money from a $968 million sale of stock ...
-
JC Penney secures bigger-than-expected $2.25B loan
NEW YORK -- J.C. Penney says it has secured a $2.25 billion loan, $500 million more than it had expected.The Plano, Texas-based retailer has been burning through cash and struggling to win back customers.The company last month fired its CEO, Ron Johnson after his ambitious turnaround plan backfired and caused sales to plummet. J.C. Penney brought back Johnson's predecessor Mike Ullman to ...
-
Yahoo Tumblr And Social Media Stuck In Neutral
It's worth noting that the biggest social media story of the year so far has nothing to do with innovation but rather the sale of an existing platform, Tumblr, to an entrenched tech ...
-
6 Essential Steps To Attracting Your Right Work
in their lives are totally in the dark about the "right" answer to this, and are confused as to how to go about finding work that truly satisfies them. The question they ask ...
-
Bank Reserves A Hot Potato
During the Q&A following Chairman Bernanke's testimony before the Joint Economic Committee today, Senator Sanders said he was preparing legislation to prohibit the payment of interest on excess reserves, and, indeed, to require banks to pay to hold excess reserves. The idea was to "unlock" the excess reserves held by the banking system and get them out in the economy through ...
-
This Week In Credit Card News Consequences Of Bad Credit Hazards Of Prepaid Cards
People tend to think of banks and other lenders as the main users of credit reports. But over the last several decades, credit reporting bureaus have been selling their services to a much wider range of buyers. Experian, one of the big three credit reporting bureaus, states in its marketing materials, "Credit information provides insight into an applicant's integrity and responsibility ...
-
Tesla CEO On Repaying Taxpayer Loan I Hope We Did You Proud
wired almost half a billion dollars to the U.S. government on Wednesday, erasing the remaining balance on its 2010 taxpayer loan and sidestepping a continuing controversy over the Obama Administration's support for a handful of companies pursuing green-car development. By paying off the loan nine years ahead of schedule, Tesla becomes the only American car company to have fully repaid the ...
-
Forbes Womens Summit 2013 Some of the Worlds Most Influential Women Share Insights and Lessons Learned
Earlier this month, Forbes was proud to bring together more than 300 of the most influential women in the world - across generations - to discuss the dynamic ways in which they're accelerating change by embracing innovation and disruption -- and collectively, redefining power. They didn't disappoint. Participants of the ...
-
Small Study Suggests Statins May Blunt Benefits Of Exercise
John Thyfault 37 previously sedentary overweight or obese adults with at least 2 other risk factors underwent 12 weeks of aerobic exercising training. 19 patients were randomized to also receive a statin (simvastatin 40 mg/day). At the end of the study cardiorespiratory fitness, as measured by maximal oxygen uptake, had increased significantly by 10% in the control group but only by 1.5% in ...
-
Information Sharing Critical To Cyber Defense
APT1 Report that was generating a lot of buzz at this year's RSA Conference. Dan emphasized the benefit to the community of security researchers that resulted; especially the second part of the APT1 Report that enumerated the IP addresses and key indicators of compromise that Mandiant had collected. Within hours of publication open source and commercial products had incorporated that data ...
-
Twitter Just Launched Two-Factor Authentication To Foil Hackers. Turn It On.
After a series of nasty hacks of high-profile accounts, Twitter just turned on a feature that's becoming the new normal in Web application security: two-factor authentication. As the video above shows, Twitter users can now sign up to have a unique code sent to their phone by text message whenever they log in from a new computer. That ensures that any hacker who tries to steal your ...
-
John HancockVoice With Skills In High Demand Retirees Connect To Nonprofits Online
BrandVoice ™ allows marketers to connect directly with the Forbes audience by enabling them to create content - and participate in the conversation - on the Forbes digital publishing platform. ...
-
A Gadget For Good WakaWaka Power
WakaWaka Power The device itself seems impractical at first. It is at least as large as a cell phone and pairs a huge flashlight with USB and AC charging options for your smartphone. And while it boasts two hour recharging capabilities, I still found myself wondering who would use this -- maybe a backpacking blogger who writes with his thumbs while on the trail? It seemed unlikely. Then I ...
-
Tesla repays federal loan nearly 10 years early
The electric-car maker received the loan from the Department of Energy in January 2010, and it made its first payment this past December. That began what was supposed to be a 10-year repayment program, but plans have ...
-
HP soars as Meg Whitman turnaround continues
Hewlett-Packard is still struggling to turn itself around. But here's the good news for HP and CEO Meg Whitman: When Wall Street estimates are set at rock bottom, they're easy to ...
-
Confusion Ruled the Day at Microsofts Xbox One Reveal Event
In today's business world, disruption is a constant force that never lets up. At the annual WIRED Business Conference: Disruptive by Design, we celebrate the creative power of bold new ideas and the people that make them happen. See the event ...
News from around our Network
