By Alex Kowalski – May 3, 2013 7:36 AM CT David Paul Morris/Bloomberg A job seeker talks with a recruiter at the Spring LGBT Career Fair in San Francisco, California, U.S., on Wednesday, April 24, 2013. Employment picked up more than forecast in April and the jobless rate unexpectedly declined...
By Dan Berman | Hot Stock Minute By Matt Townsend | Bloomberg Ron Johnson‘s tenure at J.C. Penney Co. (JCP) will long be associated with a 25 percent sales plunge. Lost amid the criticism since his departure last month is the $170 million it cost to install Johnson and his top three executives. The sum covers cash payments and restricted stock offerings to the four executives and outgoing...
By Maureen Farrell @CNNMoneyInvest April 26, 2013: 4:21 PM ET Click chart for more market data. NEW YORK (CNNMoney) The three major U.S. indexes ended the week with gains of more than 1%, even though stocks mostly drifted Friday. Investors digested uninspiring economic reports Friday, including a weak reading on U.S gross domestic product. Gross domestic product — a broad measure of what...
Want a guaranteed music industry job? Be a bankruptcy lawyer. Like Dionne Warwick’s recent $10 million loss, too many artists’ fortunes have bled away in red ink, thanks to managerial ineptitude, onerous record industry contracts, and/or garish living. Here are just 10 artists who lost big. — By Vera H-C Chan, Yahoo! Music Stars Who Blew Millions, Went Bankrupt Lauryn Hill, $1.8...
BrandIndex, Contributor | 4/26/2013 @ 2:29PM NHL fans after the end of lockout A labor dispute between NHL players and owners shaved three months off the hockey season and pushed down brand perception for the league. Yet with a few days left in the regular season, data from BrandIndex shows the NHL’s Buzz score finally nearing its pre-lockout highs. Over the course of last season, the NHL’s...
By Julianne Pepitone @CNNMoneyTech April 26, 2013: 5:47 PM ET LivingSocial is requiring all customers to change their passwords after a cyberattack on its systems. NEW YORK (CNNMoney) If you’re a LivingSocial customer, get ready to change your password. The daily deals site recently suffered a cyberattack on some of its servers, and customer data for more than 50 million users may have been...
By Farnoosh Torabi | Yahoo! Finance – Tue, Apr 30, 2013 1:57 PM EDT Buying used has become the new, well, new. After all, who doesn’t want to save a few bucks? But some previously owned items could require costly repairs down the line or even pose safety risks. Here are seven items you should never buy used. 1. Helmet On the topic of safety, let’s start with helmets. The American Academy...
By Alex Kowalski – May 3, 2013 7:36 AM CT David Paul Morris/Bloomberg A job seeker talks with a recruiter at the Spring LGBT Career Fair in San Francisco, California, U.S., on Wednesday, April 24, 2013. Employment picked up more than forecast in April and the jobless rate unexpectedly declined to a four-year low of 7.5 percent, showing the early stages of government budget cuts failed...
Entrepreneurs talk about the perks and perils of mixing small business and friendship. Seeing the bright side of working together Ted and Molly Fienning; Carolyn and Matthew Guard Name: Molly Fienning, 32 Business: Babiators, Atlanta My husband, Ted, an F/A-18 pilot, knows that pilots are issued aviators because they protect their eyes in bright sunlight. We noticed that we rarely saw children...
By Catherine Tymkiw April 26, 2013: 11:39 AM ET Coinstar getting kudos for its latest earnings report but will it last? What a difference a month makes. Redbox parent Coinstar (CSTR) was being dragged through the mud last month after it issued a much weaker-than-expected outlook for the first quarter. But guess what? Redbox really came through. Coinstar reported earnings per share that trumped forecasts...
Morgan Brennan, Forbes Staff | 3/29/2013 @ 10:31AM I write about real estate markets, outrageous homes and cities. Steven Cohen has been garnering headlines, thanks to insider trading charges at his hedge fund SAC and rumors that he paid a record sum for a Picasso painting. But Cohen has also reportedly plunked down $60 million for an oceanfront property in the Long Island, N.Y., community of...
