Economy

HBO to Free Itself From Cable, Launching Standalone Online TV Subscription Service

In a move that undoubtedly will make cable-cutters and cable-nevers very happy, premium TV network HBO announced it will launch a stand-alone online television service in 2015 -- sans cable subscription.

Stock Market News: Stocks Get Hammered on Ebola Fears, Dow Jones Down Over 400 Points

Ebola fears create fears in the market Stocks are down heavily Wednesday with the Dow Jones Industrials Average down over 450 points as of late day trading on fears of Ebola and a slowing global economy.

Nexus 9 Release Date and Pre-Order News: Google Tablet Finally Unveiled, Will Run Android Lollipop

Android tablet will debut Thursday Today, Google decided to finally unveil their next tablet. After months of speculation, the Nexus 9 will be ready for pre-order starting tomorrow and available for sale on Nov.

Americans Waste One-Third of Food Produced in US Each Year While 49 Million Go Hungry

Global food waste stands at 2.8 trillion pounds a year -- created by farmers, supermarkets and humans alike -- all along the food chain. In the U.S. more than 30 percent of the food isn't eaten, Elizabeth Royte said, author of "The High Cost Of Food Waste."

Kmart Detects Data Breach of Customers' Debit and Credit Card Information

Kmart is the latest retailer to detect data breach of customers debit and credit card information Retail store Kmart announced Friday it detected a data breach recently, adding it to the list of retailers that have had customers' bank and credit cards compromised in the past year.

Boeing Settles for $23 Million With Federal Government for Alleged False Labor Claims

Boeing settles for $23 million with federal government for alleged false labor claims Boeing agreed to pay the federal government $23 million Friday to settle a case of allegedly submitting false claims for labor charges at their San Antonio location, a suit that was brought by four whistle blowers and former employees Of the total settlement, the employees, Clinton Craddock, Fred Van Shoubrouek, Anthony Rico and Fernando de la Garza, who filed the suit in federal court in San Antonio under the False Claims Act, will receive $3.

DEA Interested in U.S. Investments in Canadian Marijuana Industry

DEA interested in U.S. investments in Canadian marijuana industry Americans who want to invest in Canadian marijuana firms may be involved in an illegal transaction.

Millennials and the Housing Market: Millennials Less Likely to be Homeowners than Young Adults in Previous Generations

Millennials may represent one-third of the overall U.S. population, but they are less likely to become homeowners than young adults from previous generations.

Obamacare Uninsured Rate Declines, But Americans Still Hold Unfavorable View Affordable Care Act

The overall U.S. uninsured rate has fallen, but a new survey showed Americans are not content with the Affordable Care Act, also known as Obamacare.

Employment Applications & Agencies: Unemployment Benefit Claims Continue to Drop

Latest unemployment figures from the Labor Department show less people are applying with a fourth straight week that applications have been below 300,000.

Amazon Bookstore & Online Shopping: Online Retailer to Open First Physical Store

Amazon to open first physical store in New York City Amazon is set to open up its first-ever physical location in New York City. After 20 years of being in business -- and undercutting retail competition with lower prices and fast shipping -- Amazon will have a store open for the holiday season to offer a traditional shopping experience, the Wall Street Journal reports.

ATT Wireless Cellular Phone Service: Company Fined $105M Over Illegal Charges

The cell phone provider was fined for illegally charging customers with third party services they did not approve or were aware of. Those affected can now claim a refund through the FTC.

Millennials and the US Economy: White House Publishes 'Economic Facts' About Millennials' Benefits to US

The White House, with the Council of Economic Advisers, published a report on the economic impacts of the largest generation in the U.S.: millennials.

Comcast-Time Warner Cable Merger: FCC Puts Deal on Hold for Three Weeks

The Federal Communications Commission (FCC) announced last Friday that it has put a temporary hold on proceedings considering a merger between Comcast and Time Warner Cable.

JP Morgan Chase Data Breach Update 2014: Account Information Reportedly Not Affected

JP Morgan Chase data breach blamed on hack of employee password An employee's password has been identified as the source of the largest JP Morgan Chase and Co.

Sprint Layoffs Start as Marcelo Claure Attempts to Turn Company Around

In an effort to catch up to competitors, Sprint, the nation's third-largest wireless service provider, began a series of job cuts Tuesday.

Study: The Wealthy Got 'Nervous,' Donated Less During Recession While Lower- and Middle-Income Americans Gave More

According to a new study, between 2006 and 2012, Americans with higher incomes became less charitable while lower- and middle-income Americans donated more.

Jobs & Hiring Update 2014: August Sees Most Employment Openings in US Since 2001

The number of job openings in the United States in August reached its highest level since 2001, the U.S. Department of Labor said in a report Tuesday.

Apple iPad Air 2 Release, Update, Rumors & Specs 2014: Upcoming Tablet Already Getting Mass Produced?

Apple rumored to be preparing to release the world's thinnest tablet Apple is rumored to be mass-producing the upcoming iPad Air 2, which the company was set too reveal at its Oct.

Exclusive: BNP Asks Other Banks For Help as Dollar Clearing Ban Nears

BNP Paribas has asked at least three banks to help it clear certain energy transactions in U.S. dollars next year to make sure it can keep its energy trade finance division operating after a ban imposed for violating U.S. sanctions, sources said.
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