Banking
Goldman Sachs Goes from 'Muppets' to Tweets
In a move to give itself more of a voice in an online conversation in which it largely gets lambasted, investment banking giant Goldman Sachs joined Twitter Thursday.
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The Dragon Has Landed: Private Spacecraft Docks at Space Station
Private spaceflight is in business: In a big success for SpaceX, its Dragon capsule arrived at the International Space Station on Friday, making the first commercial delivery into the cosmos.
Continue reading »Lifestyle
The Best (and Worst) Graduation Advice You Never Heard
New grads get a ton of cliched advice; we wanted to offer something different. So we tapped some more unusual folks -- like Mike Rowe of Dirty Jobs, and Tim Zagat of the Zagat guides -- to share the best and worst advice they got, and offer their best tips for the class of 2012.
Continue reading »Secret Shopper
Bad Customer Service? Blame the Bosses' Bad Policies
In many cases, bad customer service isn't caused by negligent or incompetent employees. The fault lies with their bosses, and the policies they put in place that undermine the employee-customer relationship.
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Why Dell Will Never Be Great Again
Dell shares opened sharply lower on Wednesday after the PC maker posting disappointing financial results. Sales are soft, margins are contracting, and the outlook is uninspiring.
Continue reading »Money and Politics
Congressional Budget Office Warns of Recession in 2013
The nonpartisan Congressional Budget Office is warning that if $607 billion in tax increases and spending cuts all hit as scheduled, the U.S. will likely go into recession in 2013. It's a "fiscal cliff" we don't have to jump off.
Continue reading »People
The World's Richest Woman: How Gina Rinehart Earns her Billions
Most of the richest women in the world have one thing in common: It was their husbands or fathers who actually earned the wealth. But while Australian mining magnate Gina Rinehart inherited $75 million from her dad, it was by her own efforts that she multiplied that sum -- 386 times.
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Searching for Relevance, Yahoo Launches Axis Web Browser
Yahoo is introducing a new browser this week: Axis, a bold attempt at simplifying search for mobile devices and desktops. Its streamlined approach drops all those annoying links you don't want -- even though that's where most search engines make their money.
Continue reading »Food
Your Starbucks Coffee Just Got Even Pricier, Relatively Speaking
How much would you pay for a cup of Starbucks coffee? Starbucks hopes it's a lot, because it has been hiking prices on its brewed beverages. Meanwhile, everybody else in the coffee biz seems to be doing the exact opposite.
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What's Goldman After With Its Big Green Energy Plan? More Green
Just how much do people hate Goldman Sachs? Here's a hint: The investment banker announced Thursday that it intends to invest $40 billion in developing clean, renewable energy projects. Critics immediately accused Goldman of cynical media manipulation.
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Apple-0-7: Is Siri Spying on You?
What do IBM and the ACLU have against Siri? Because every time you use your iPhone's Siri or Dictation functions, what you say gets recorded -- and sent to Apple.
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The Shocking Story of What Really Happened Inside Facebook's IPO
First, we learned Facebook's IPO underwriters had cut their estimates for the company in the middle of the IPO roadshow. What we didn't know was why. Now we know. The analysts cut their estimates because a Facebook exec who knew the business was weak told them to.
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The Real Impact of JPMorgan Chase Halting Its Share Buybacks
As a result of the bank's recent $2 billion trading loss, JPMorgan Chase announced it would suspend its $15 billion share-buyback program. Here's a primer on the damaging trades, what the buyback program was about, and what its cancellation means for investors.
Continue reading »People
What Happened When This Guy Paid His Student Loan in Cash
Last week, a Reddit user posted a photo of a $114,000 student loan bill-paid in cash-that elicited thousands of comments. Since then, the anonymous alum has stepped forward as Alex Kenjeev, a 2009 law school graduate of the University of Toronto.
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Safe Savings on Smoke Alarms
Every home should have smoke and carbon monoxide alarms. Here's how to save money on products that will save your life. Watch Video