-
Meet The Jetsons-Style Mini Cooper
Thursday, June 16, 2016 - 12:15pm | 290BMW unveiled its 'Mini Vision Next 100' concept, equipped with a steering wheel that can slide down from the driver's seat to the passengers seat. The car's exterior colour can be customized and changed at any time. The interior design can be changed at any time and contain any...
-
Nearly 1 In 4 Bank Of America Branches Have Been Closed
Thursday, June 16, 2016 - 8:39am | 261For every four Bank of America Corp (NYSE: BAC) branches that operated in 2009, one is likely closed today. According to CNN Money, Bank of America now boasts 23 percent fewer branches today than it did seven years ago. The closures aren't due to a failing business, rather a "digital disruption,"...
-
1 Reason Jay Leno Is Thankful He's Done With Late-Night
Wednesday, June 15, 2016 - 8:54am | 313American comedian and television host Jay Leno is relieved to have done with late-night amid Donald Trump's "nasty" campaign, according to a report on CNN Money. Leno, who left "The Tonight Show" in 2014, had a panache for political humor, earning him a reputation for being balanced. But, CNN Money...
-
Apple Pursuing A 'Backless' Phone
Tuesday, June 14, 2016 - 5:50pm | 146Apple Inc. (NASDAQ: AAPL) won a patent Tuesday for a 360-degree phone screen. Apple’s patent application describes the benefit of a backless phone as the substantial increase to available display area. Users could watch video, play video games, explore social media apps on both sides of...
-
Amazon Faces A $350,000 Fine For Doing What?
Tuesday, June 14, 2016 - 11:04am | 235Amazon.com, Inc. (NASDAQ: AMZN) may be fined $350,000 by the Federal Aviation Administration for a shipping accident that occurred in 2014. According to CNN Money, Amazon failed to properly package or label a box it shipped to customers that contained the Liquid Fire drain cleaner. It was...
-
Tinder To Close Down App To Users Under 18
Friday, June 10, 2016 - 12:38pm | 240Sorry kids, you're no longer permitted to use Tinder's dating app. Since its creation in 2012, Tinder allowed users as young as 13 to use its app and be matched in the 13 to 17 age range. On Thursday, the company confirmed that the app will now be restricted to users under the age of 18...
-
Disney CEO: U.S. Corporate Taxes Are 'Too High,' Sanders Doesn't Understand Business
Thursday, June 9, 2016 - 5:20pm | 326Walt Disney Co (NYSE: DIS) CEO Bob Iger spoke with CNN Money, discussing corporate tax rates in the U.S. He assured corporate tax rates in the U.S. are among the highest in the world, making the country's tax system "ridiculously complex," and even "anti-competitive."...
-
Silicon Valley's Laid Back Style Is No Fit For London's Ritz Carlton
Thursday, June 9, 2016 - 10:37am | 363When you think of a typical Silicon Valley dress code, the image of hoodies, tees and sneakers may easily come to mind. On the other hand, when you think of a Ritz Carlton hotel in London, England, the image of high-end business suits and super-expensive ties for the gentleman and cocktail dresses...
-
It's Now Been 42 Days And Counting Since The Last Market Dive
Wednesday, June 8, 2016 - 12:31pm | 269For those keeping track, U.S. stocks have gone 42 trading days without falling 1 percent or more. According to CNN Money, this marks the longest period of since July 2014 when the markets went 66 days without falling more than 1 percent. The relative calmness seen in the market over the past...
-
Burberry CEO Takes 75% Pay Cut After Rough Year
Tuesday, June 7, 2016 - 11:51am | 256The high-end UK-based fashion line Burberry (BURBERRY GROUP ORD GBP0.0005 (OTC: BBRYF) (OTC: BURBY) (LON: BRBY)) had a terrible year, as the company's pretax profit plunged 10 percent to £421 million ($612.41 million). The company's London-listed stock has lost more than 8 percent since the start...
-
Uber Thriving Despite Auto Industry Decline
Monday, June 6, 2016 - 3:17pm | 366Is Uber to blame for auto stocks' underperformance? CNN Money's Paul La Monica offered a deep-dive look into the auto industry, which is declining at a time when Uber is growing. According to La Monica's article for auto manufacturers, she reported a "lousy" May with...
-
Jamie Dimon Says Public Education Is 'One Of The Biggest Disasters'
Friday, June 3, 2016 - 9:57am | 495Like most Americans, JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon believes in a good comeback story. He put his money where his mouth is and made a $100 million commitment two years ago towards the revival of Detroit. Dimon was recently in Detroit to meet with entrepreneurs and...
-
PGA Tour Tournament Leaving Trump-Owned Florida Course For Mexico
Thursday, June 2, 2016 - 10:58am | 207The PGA Tour said it will move its 2017 WGC-Cadillac Championship from the Trump National Doral golf course to a location in Mexico after it was unable to line up enough sponsorship dollars, according to a report on CNNMoney. The news comes at a time when Trump made disparaging comments about...
-
Johnson & Johnson Loses Another Court Case Over Claims Its Talcum Powder Causes Cancer
Tuesday, May 3, 2016 - 9:20am | 298Johnson & Johnson (NYSE: JNJ) is being forced to pay $55 million in damages to a user of its talcum powder products. Talc is a mineral composed of magnesium, silicon, oxygen and hydrogen. According to CNN Money, Johnson & Johnson will pay $55 million in damages to Gloria Ristesund, who used...
-
Prince's Financial Life Was In Chaos, Only Trusted 'Beautiful, 20-Something Women'
Wednesday, April 27, 2016 - 11:42am | 318Music icon Prince was so "distrusting" in his personal and legal affairs that his finances were a "disaster." TMZ stated that Prince felt he has been consistently "screwed over" by advisors and experts who worked out his deals. This made him "paranoid" to...