Category: Economy

Why Hostess Had To Die

Why Hostess Had To Die

Were outmoded products responsible for Hostess’ demise? Hostess Brands has now shut down and is going into final bankruptcy liquidation, killing 18,500 jobs and selling off its factories, brands and other assets. Yesterday bankruptcy...

The Dirty Little Secret Of Apple’s Black Friday Sale

The Dirty Little Secret Of Apple’s Black Friday Sale

At 12:00 AM on Friday, Apple cut the prices of some of its hottest products, including iPods, iPads and laptops. Shoppers around the world logged into the company’s online store to take advantage of...

The Woman Behind The Macy’s Thanksgiving Day Parade

The Woman Behind The Macy’s Thanksgiving Day Parade

Executive Producer Amy Kule It’s a crisp Saturday morning in November when hundreds of red-hooded volunteers sip hot chocolate to ease the cold. A steady hiss of pumping helium hums in the background of...

Why Apple Will Win the Tablet Battle of the Holiday Season

Why Apple Will Win the Tablet Battle of the Holiday Season

Apple’s newly introduced iPad Mini and 4th generation iPad are seen during Apple’s special event at the California Theatre in San Jose on October 23, 2012 in CaliforniaApple unveiled a smaller version of its...

The Best Black Friday Deals

The Best Black Friday Deals

The Biggest Bargains From The Biggest Stores We perused America’s 50 largest retailers to find the biggest savings out there during Black Friday week. Note: retailers tend to change deals often; some are geared...

Situation At Best Buy Worsens: Q3 Figures Shows No Signs Of A Turnaround

Situation At Best Buy Worsens: Q3 Figures Shows No Signs Of A Turnaround

  (Image credit: Getty Images via @daylife) Best Buy swung to a loss in the third quarter, the latest signal that problems at the consumer electronics retailer are growing more severe and showing no...

‘Most Lucrative Insider Trading Scheme Ever’: Trader With SAC Ties Charged With Illicit $276 Million Score

‘Most Lucrative Insider Trading Scheme Ever’: Trader With SAC Ties Charged With Illicit $276 Million Score

    U.S. Attorney Preet Bharara (AP Photo/Seth Wenig) A complaint filed in U.S. District Court in Manhattan Tuesday alleges that a portfolio manager at an unregistered investment advisor made a $276 million score...

Where You’ll Eat Next: The Tasty New Restaurants Big Brands Are Cooking Up

Where You’ll Eat Next: The Tasty New Restaurants Big Brands Are Cooking Up

      Blaze Pizza Concept: “Fast-Fire’d Custom Built Artisanal Pizzas” — Customers choose their ingredients and the pizza cooks in two minutes. Who’s behind it: Elise and Rick Wetzel of Wetzel’s Pretzels When/where...

With Autonomy, H-P Bought An Old-Fashioned Accounting Scandal. Here’s How It Worked.

With Autonomy, H-P Bought An Old-Fashioned Accounting Scandal. Here’s How It Worked.

      Whitman: $8.8 billion worth of vaporware (Photo credit: Wikipedia) The story was first told to me late last year, and like a lot of stories of financial impropriety inside a huge...

China’s Anti-Reformers Take Over

China’s Anti-Reformers Take Over

  The Communist Party of China’s new Politburo Standing Committee, the nation’s top decision-making body (L-R) Liu Yunshan, Zhang Dejiang, Xi Jinping, Li Keqiang, Zhang Gaoli, Yu Zhengsheng and Wang Qishan meet the press...