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Protesters turn up the heat on McDonald's

Posted: 05/22/2014 - Protesters were arrested after crossing a barricade outside McDonald's (MCD) headquarters on Wednesday, as hundreds demonstrated to call attention to the low pay earned by fast-food workers.

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GM recalls 2.4 million more vehicles

Posted: 05/20/2014 - General Motors (GM), which just last week recalled 2.7 million cars, announced further recalls Tuesday. The automaker issued four separate recalls covering more than 2.4 million vehicles, including Chevrolet Malibus, Cadillac Escalades and other models.

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Feds say Credit Suisse helped Americans dodge taxes

Posted: 05/19/2014 - The U.S. Justice Department on Monday filed criminal charges against Credit Suisse, alleging the Swiss financial giant helped Americans open offshore accounts in order to dodge taxes.

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Coffee fungus may raise the price of your latte

Posted: 05/19/2014 - The U.S. government is stepping up efforts to help Central American farmers fight a devastating coffee disease - and hold down the price of your morning cup.

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Government fines GM $35 million for safety violations

Posted: 05/16/2014 - The U.S. Transportation Department announced Friday it is fining General Motors (GM) $35 million for safety issues stemming from its delayed recalls of 2.6 million cars due to faulty ignition switches

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Meet the new corporate earnings excuse: Obamacare

Posted: 05/12/2014 - Obamacare is the new buzzword in first-quarter corporate results, with dozens of businesses either blaming the law for raising costs or, in more hopeful terms, citing it as an opportunity to boost revenues.

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How cancer drugs doubled to $10,000 per month

Posted: 05/06/2014 - For cancer patients, life can be full of worry, pain and the stress of needing to take time off from a job. On top of that, many are struggling with a huge jump in the average price tag for branded oncology treatments, which have doubled to $10,000 per month in just a decade.

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How snooty staff at luxury stores actually boost sales

Posted: 05/02/2014 - It turns out that snobby staff at luxury stores can actually get consumers to pay more by making them feel excluded and even more desperate to join the club, according to a forthcoming study to be published in the Journal of Consumer Research.

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Applications for unemployment hit 2-month high

Posted: 05/01/2014 - The number of Americans applying for unemployment benefits rose last week to the highest level since February, more disappointing news for an economy that is supposed to be gaining momentum.

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GOP blocks minimum wage bill in Senate

Posted: 04/30/2014 - Senate Republicans on Wednesday blocked a top legislative and political priority of Democrats, a bill to increase the federal minimum wage to $10.10 an hour.

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Is Bank of America’s $4 billion blunder proof it’s too big?

Posted: 04/29/2014 - Bank of America's (BAC) embarrassing disclosure on Monday that it had miscalculated its capital levels, leading it to report $4 billion more capital on its books than it really had, is renewing criticism that the financial company has grown too large and hard to manage.

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