Stocks end in mixed territory
NEW YORK (CNNMoney) — U.S. stocks closed the day in mixed territory Wednesday, after investors sorted through a divergent batch of earnings reports, including solid results from Boeing, and a big miss from Apple. The Dow Jones industrial average closed 59 points higher, or 0.5% snapping three days of losses. AT&T (T, Fortune 500) and Boeing (BA, Fortune 500) [...]
Read MoreConsolidate Your Bills with a Low Interest Rate Loan
Consolidate Your Bills with a Low Interest Rate Loan If you’re in trouble managing multiple bills, you can consolidate them into a single loan payable at a low interest rate. Debt consolidation loans are available as unsecured personal loans and secured loans or mortgages.If you want to know what a debt consolidation loan is all [...]
Read MoreObama administration tightens fracking rules
NEW YORK (CNNMoney) — The Obama administration tightened rules on hydraulic fracturing Friday, requiring the disclosure of chemicals used in the process when done on federal and American Indian lands. The new rules will also require additional testing of oil and gas well construction and require the industry to have a management plan for the [...]
Read More5 reasons to not ‘like’ Facebook’s IPO
NEW YORK (CNNMoney) — I sort of “like” Facebook as a company and service. I am one of the social network’s more than 900 million members worldwide. Odds are you have a Facebook account too. (Although my page is as barren as the Arctic tundra. I mainly go on just to see what my wife [...]
Read MoreBuffett and Munger won’t buy Facebook stock
OMAHA (CNNMoney) — Facebook kicks off its highly anticipated IPO road show Monday, but two men won’t be taking the pitch — legendary investor Warren Buffett and his 88-year old co-pilot Charlie Munger. Despite the hype, Buffett and Munger aren’t interested in investing in Facebook for Berkshire Hathaway’s (BRKA, Fortune 500) portfolio or for their own. [...]
Read MoreManufacturers to banks: We need money now
NEW YORK (CNNMoney) — American manufacturers say business is booming again, but many are complaining that banks aren’t lending them money to ramp up production. In a new quarterly survey of small to mid-sized manufacturers, 26% of 268 respondents cited “lack of capital to grow” as their biggest challenge at a time when they need [...]
Read MoreChina news site worth more than New York Times
NEW YORK (CNNMoney) — Propaganda doesn’t pay? Actually it’s pretty lucrative … at least if you’re a media outlet backed by the Chinese government . People.cn, the online arm of People’s Daily, the official newspaper of the Chinese Communist Party that is highly censored, went public on the Shanghai Stock Exchange (SHCOMP) on Friday. Shares [...]
Read MoreCybersecurity bill passes, Obama threatens veto
NEW YORK (CNNMoney) — The House of Representatives, as expected, approved a controversial cybersecurity bill late Thursday, staring down a veto threat. But the fight to protect the United States from a cataclysmic cyber attack is far from over. The Cyber Intelligence Sharing and Protection Act, which has been revised several times over the past week, allows the government [...]
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