Marlene Morris Towns

CEOs say the darndest things. Mike Jeffries, the CEO of Abercrombie & Fitch (NYSE: ANF), has repeatedly insulted consumers by saying that he only wants certain kinds of people (the "good-looking" ones) to shop at his store. Lululemon (NASDAQ: LULU) founder and former CEO Chip Wilson got in...

Higher prices are impacting two of the largest streaming video sites. Will Hulu be next? Earlier this spring Amazon (NASDAQ: AMZN) announced that it would raise the price of its streaming video and two-day shipping service, Amazon Prime, from $79 to $99 per year. That price increase has now gone...

Netflix (NASDAQ: NFLX) CEO Reed Hastings was in hot water when his company decided to increase its monthly service fee in 2011. Hastings also attempted to split his company in two by launching a new DVD service, Qwikster. After hearing what consumers thought of the idea, Netflix canceled those...