Category Archives: Business

Where the (good) jobs are coming

By doris | Published: February 8, 2012

Full Story at BottomLine.msnbc.msn.com We already know that one key way to make more money and stay employed is to get more education. Now a new report from the Bureau of Labor Statistics adds another piece of evidence that it usually pays off, literally, to shoot for that master’s degree or higher. The BLS this [...]

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New York sues banks over electronic mortgage system

By doris | Published: February 4, 2012

Full Story at News.Yahoo.com NEW YORK (Reuters) – New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. Schneiderman filed the lawsuit against Bank of America Corp , Wells Fargo & Co and JPMorgan [...]

Also posted in Banking, Mortagage, States | Leave a comment

Automakers start year with strong sales

By doris | Published: February 2, 2012

Full Story at BottomLine.msnbc.msn.com Car sales zoomed ahead in January, with many automakers reporting solid sales at the start of a year expected to show a steady gain in vehicle purchases. Chrysler, now privately held and majority owned by Italy’s Fiat, was the notable standout for the month. It posted a 44 percent rise in [...]

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Amazon earnings OK, but stock slides 10%

By doris | Published: February 1, 2012

Full Story at money.cnn.com NEW YORK (CNNMoney) — Amazon’s fourth-quarter sales results weren’t awful, but investors went ahead and punished the stock severely anyway. Amazon (AMZN, Fortune 500) earned $177 million, or 38 cents per share for the holiday quarter that ended December 31 — more than double the 17 cents per share that analysts [...]

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Taco Bell jumps into the breakfast market

By doris | Published: January 29, 2012

Full Story at BottomLine.msnbc.msn.com It’s getting a little crowded in the breakfast nook. Fast food chain Taco Bell announced Thursday that it’s entering the breakfast fray. It joins larger rivals such as McDonald’s, Wendy’s and Subway in a market saturated with breakfast options including specialty coffees to lure in addicts who’ll buy a breakfast sandwich [...]

Also posted in America, Food. | 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 [...]

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‘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 [...]

Also posted in Benefits, 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 [...]

Also posted in Auto, 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 [...]

Also posted in 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 [...]

Also posted in Computer, Factory, Financial, Money | 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 [...]

Also posted in America, 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 [...]

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Four job seekers for every opening, report shows

By doris | Published: January 11, 2012

Full Story at BottomLinemsnbc.msn.com The government offered fresh data Tuesday showing that the job market is gradually improving. But there still aren’t enough jobs to go around. Even as hiring picked up in November, the number of jobs openings declined, according the Labor Departments’ monthly Job Openings and Labor Turnover Survey (JOLTS). Employers filled nearly [...]

Also posted in employment, Jobs | Leave a comment

Happy New Year? Gas prices on the rise again

By doris | Published: January 9, 2012

Full Story at money.cnn.com ATLANTA (CNN) — Gas prices in the United States increased by more than a dime over the past three weeks, the first increase seen since mid-October, according to a survey published Sunday. The average price of a gallon of regular gasoline was $3.35 as of Friday, the Lundberg Survey found. That’s [...]

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