Monday, 3 December 2012

Cnn.com - Financial And Personal Finance News - Business

Motor Trend Car of the Year track tests

To select the annual award recipient, the automotive magazine starts out by pushing dozens of models to the limit on a desert test track.

A 'Hot Wheels' Camaro for big kids

Billed as the 'first drivable Hot Wheels car,' option package adds red-striped rims and special paint.

Sears will offer Black Friday deals 5 days early

Sears announced Thursday that it will offer Black Friday deals to shoppers in its free membership program on Nov. 18, making its holiday discounts the first available this season.

Whole Foods hurt by Sandy

The organic retailer's sales and earnings were up but the company warned of a charge it was taking related to the superstorm. Shares fell on the news.

Con Ed's lessons from Hurricane Sandy

Con Edison CEO Kevin Burke says pre-emptively shutting down power grids in Manhattan and Brooklyn helped customers avoid longer outages.

JPMorgan Chase to buy back its stock again

JPMorgan Chase is restarting its plan to buy back its stock in yet another sign that it's shaking off troubles stemming from its London Whale trading loss.

Desperately seeking co-signers on Craigslist

Forget apartment listings and used furniture. Now people are turning to Craigslist to find co-signers for loans that they don't have good enough credit to qualify for on their own.

Amazon Wine goes after online booze sales

Amazon is taking another run at a market it has struggled for more than a decade to crack.

Fake tech gear has infiltrated the U.S. government

Counterfeit technology from high-risk suppliers has a growing presence in the government, despite laws designed to crack down on it.

Apple's $329 iPad mini cost $215 to make

A look at the parts inside Cupertino's latest tablet show it is priced to give the company some pretty large profits.

BlackBerry beats Apple! Really.

Apple shares have plunged more than 20% from their peak. During the same time, RIMM has soared 20%.

A week after Sandy, Fortune 500s still in the dark

AIG, Verizon and Guardian Life Insurance are among the tenants still shut out of waterlogged New York offices, some of which may not open again for weeks - or months.

Postal Service predicts record holiday shipments

Postal Service expects 20% rise in package shipments, bigger increase than forecast at FedEx or UPS.

Post-election: Sober leadership after the attack ads?

The presidential candidates ran campaigns that were, in many ways, fueled by divisive politics. Now that it is over, how do we recover?

Don't expect a pot boom, even where it's legal

It's now legal in Colorado and Washington, but there may not be a rush of new business.

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