Category: Business News

Here’s Why Gas Prices Are Surging

Here’s Why Gas Prices Are Surging

The average cost of gasoline nationwide rose 12 cents to $3.41 during the past two weeks, according to a survey released Sunday. The increase was partially due to changes in crude oil dude to...

New Evidence Shows Fed Failed to Grasp Vast Size of Financial Crisis

New Evidence Shows Fed Failed to Grasp Vast Size of Financial Crisis

The Federal Reserve agonized in 2008 over how far to go to stop a financial crisis that threatened to cause a recession and at times struggled to recognize its speed and magnitude. “We’re crossing...

Want to Use Your Cell In-Flight? Not so Fast

Want to Use Your Cell In-Flight? Not so Fast

When it comes to deciding whether airline passengers can use their cellphones in flight, federal agencies are sending different signals to consumers. The Transportation Department, which regulates aviation consumer issues, indicated in a notice...

Custom-Order ‘Mix-In’ Ice Cream Chains Realize They’re a Rip-off

Custom-Order ‘Mix-In’ Ice Cream Chains Realize They’re a Rip-off

Executives in charge of two sister ice cream chains did a funny thing: They did some price comparisons in the field, talked to consumers, and concluded their “value proposition was out of whack.” That’s...

Next Up on Amazon’s Kill List: YouTube

Next Up on Amazon’s Kill List: YouTube

It wasn’t enough for Amazon to simultaneously be locked in battles with Wal-Mart, Apple, Barnes & Noble and Netflix. Now the company is entering YouTube’s turf too. The world’s largest online retailer has begun...

Is the Internet Really a Utility?

Is the Internet Really a Utility?

That’s the question at the heart of a new FCC effort to rewrite the rules of net neutrality. With the proposed merger of Time Warner Cable and Comcast, there’s a growing fear that giant...

Facebook To Buy WhatsApp for $16 Billion

Facebook To Buy WhatsApp for $16 Billion

Social media giant Facebook announced Wednesday it is acquiring the fast-growing mobile-messaging service WhatsApp for $16 billion. In addition to the buying price, $3 billion in restricted stock will be given to WhatsApp founders...

Feds To Craft New ‘Net Neutrality’ Rules

Feds To Craft New ‘Net Neutrality’ Rules

A federal regulator is mounting a new attempt to ensure that Internet providers can’t block or slow down certain websites, after a federal court struck down so-called “net neutrality” rules last month. Federal Communications...

Americans Are Taking on Debt at Scary High Rates

Americans Are Taking on Debt at Scary High Rates

Americans are known risk-takers when it comes to their personal finances. While consumer spending has traditionally been one of the great engines of the U.S. economy, it also helped get the country into the...

Chipotle’s ‘Farmed and Dangerous’: Entertainment or Marketing Propaganda?

Chipotle’s ‘Farmed and Dangerous’: Entertainment or Marketing Propaganda?

Chipotle’s creation and sponsorship of a new online TV series could change how you eat—and maybe also how you perceive marketing and advertising. Chipotle, the burrito-selling fast-casual restaurant pioneer, has an unusual approach to...