Author Archives: doris

Can I give my 401(k) firm the boot?

By doris | Published: January 26, 2012

Full Story at moneu.cnn.com NEW YORK (CNNMoney) — My 401(k) is managed by a brokerage firm that was busted by the SEC for fraudulent practices (although those practices weren’t related to my 401(k) plan). Still, I don’t want to invest my money with, or pay fees to, to a firm I consider unethical. For now, [...]

Posted in 401(k), Assets, Change, Financial | Leave a comment

Chevy Volt’s problems may not be over as GM’s CEO prepares to face Congress

By doris | Published: January 25, 2012

Full Story at BottomLine.msnvc.msn.com The Chevrolet Volt got a clean bill of health, last Friday, with the National Highway Traffic Safety Administration closing its investigation into potential problems with the plug-in hybrid’s battery pack – but that doesn’t mean General Motors’ problems with the Volt are over, as a Congressional hearing is scheduled to begin [...]

Posted in Auto, Congress, GMC, Investigation | Leave a comment

Macy’s sues Martha Stewart Living for breach

By doris | Published: January 24, 2012

Full Story at msnbc.com NEW YORK — Macy’s Inc is suing Martha Stewart Living Omnimedia Inc, accusing the company of breach of contract for entering into an agreement to sell certain products to J.C. Penney Company Inc. Macy’s says Martha Stewart Living granted it the exclusive right to make and sell certain products under a [...]

Posted in Business, Corporate, Market, Sue | Leave a comment

Oil falls to near $98 amid Greece debt deal talks

By doris | Published: January 23, 2012

Full Story at news.Yahoo.com BANGKOK (AP) — Oil fell to near $98 a barrel Monday in Asia as the crude market waited for the outcome of Greece’s negotiations with creditors on a deal to cut the face value of its debt by half. Benchmark crude for March delivery was down 15 cents at $98.19 a [...]

Posted in Gas or Oil, Money | Leave a comment

GM creates digital windows on the world

By doris | Published: January 22, 2012

Full Story at BottomLine.msnbc.msn.com Game Boys and backseat monitors are “so five years ago,” suggests Tom Seder, a manager at the General Motors R&D labs. Working with the Future Lab, at Israel’s Bezalel Academy of Art and Design, GM researchers are exploring ways to turn a car’s rear windows into interactive devices that could permit [...]

Posted in Auto, Children, Computer, Family, Games, Technology | Leave a comment

Housing ends year on strong note, but prices still falling

By doris | Published: January 21, 2012

Full Story at BottomLine.msnbc.msn.com The housing market ended the year on a positive note with strong sales in December, but a glut of unsold homes will likely push prices lower through much of this year, forecasters said Friday. Sales of existing homes hit an 11-month high last month and the number of properties on the [...]

Posted in Economy, Financial, Home, Market, Money | Leave a comment

‘I work for one of the 10 Best Companies’

By doris | Published: January 20, 2012

Full Story at money.cnn.com Google’s famous for its perks — free gourmet food in the cafeteria, an on-campus climbing wall — but some of the best offerings at the company depend on its employees’ creativity. Take its 20% time, for example. Google employees are encouraged to devote 20% of their work hours to a project [...]

Posted in Benefits, Business, employment, Google | Leave a comment

Drivers again faulted over Toyota acceleration

By doris | Published: January 19, 2012

Full Story at msnbc.com A two-year study looking for possible causes behind Toyota’s rash of unintended acceleration issues has put primary blame on driver error — but the review by the National Academy of Sciences also cautioned that some problems may have been caused by inadvertent interactions involving vehicle electronics — an issue frequently cited [...]

Posted in Auto, Business, Recall, Toyota | Leave a comment

McDonald’s U.S. December sales robust: survey

By doris | Published: January 18, 2012

Full Story at news.Yahoo.com But ask them how they got that way. The employees of one McDonald’s are not happy. They have to run labor at the percent that they did before min. wage began going up. I can see them making money, but not at the way they want to cut help and run [...]

Posted in Business, Financial, Jobs, Minimum Wage, Money, Spending | Leave a comment

Samsung Group plans record $41 billion investment in 2012

By doris | Published: January 17, 2012

Full Story at news.Yahoo.com SEOUL (Reuters) – Samsung Group, which includes Samsung Electronics Co, said on Tuesday it is raising its 2012 investment to a record $41.4 billion, underscoring the widening gulf between the dominant South Korean conglomerate and its faltering competitors. Best known for making massive investments in new technologies ahead of rivals, Samsung [...]

Posted in Business, Computer, Factory, Financial, Money | Leave a comment

States look to hike tax on millionaires

By doris | Published: January 16, 2012

Full Story at money.cnn.com NEW YORK (CNNMoney) — As the “tax the rich” debate rages in Washington D.C., some states are turning to their wealthiest residents to bring in much-needed revenue. The governors of the two largest Democratic states want rich folks to help close budget gaps. And Democratic lawmakers elsewhere are preparing to do [...]

Posted in Rich, States, Tax | Leave a comment

Jobs gains may not help Obama’s re-election bid

By doris | Published: January 15, 2012

Full Story at BottomLine.msnbc.msn.com The recent improvement in the job market comes as welcome news for President Obama as he struggles to answer GOP attacks on the campaign trail that he’s mismanaged the economic recovery. There are a lot of reasons, though, that it may be too early for the White House to start cheering [...]

Posted in America, employment, Jobs, President | Leave a comment

Housing more affordable than ever … for foreign buyers

By doris | Published: January 14, 2012

Full Story at BottomLine.msnbc.msn.com When it comes to foreigners looking to plant roots in the United States, Florida is the hot spot, especially among Cubans, Haitians and Colombians. The Sunshine State is the most popular among foreign home buyers with 31 percent of all home purchases made there coming from foreign residents, according to a [...]

Posted in America, Business, Investors, Money | Leave a comment

Kodak eyes bankruptcy cash from Citigroup: report

By doris | Published: January 13, 2012

Full Story at news.Yahoo.com (Reuters) – Eastman Kodak Co is in advanced talks with Citigroup Inc to obtain financing that would be used if the money-losing photography company files for bankruptcy protection, Bloomberg News said on Thursday, citing three people familiar with the matter. Advisers to Kodak are also lining up a “stalking horse” that [...]

Posted in Bankruptcy, Business, Financial, Money | Leave a comment