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Hot stocks: 5 sizzling performers in May

Written By limadu on Sabtu, 31 Mei 2014 | 05.32

NEW YORK (CNNMoney) While there were many winners this month (sorry Whole Foods (WFM, Fortune 500) -- you definitely didn't make the cut), check out the rankings of the five hottest companies in the S&P 500 in May. 1. Netflix: Binge watching...
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Want Beyoncé tickets? Wait till the last minute

Beyoncé and Jay-Z will be kicking off their tour at Sun Life Stadium in Miami in June. Last year, she played smaller arenas. NEW YORK (CNNMoney) The reason: Unlike last year, some of the hottest concerts -- Beyoncé, Rihanna, and One Direction...
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Sonic & Chili's: Leave guns at home

Chili's told guests Friday to "refrain from openly carrying firearms into our restaurants." NEW YORK (CNNMoney) Chili's, which is owned by Brinker International (EAT), said Friday, "We kindly ask that guests refrain from openly carrying firearms...
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Halal butcher promises 'honest to God' burgers

Written By limadu on Jumat, 30 Mei 2014 | 05.32

Russell Khan, Sulman Afridi, and Khalid Latif (left to right) at New York City's Honest Chops, the country's first halal whole animal butchery. NEW YORK (CNNMoney) Not only is the shop committed to selling humanely raised meat, it's all slaughtered...
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Stocks: 4 things to know before the open

Click on chart to track premarkets LONDON (CNNMoney) Here are four things you need to know before the opening bell: 1. Stock markets have a spring in their step: So far this month, the S&P 500 has surged by nearly 2% to hit new record...
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I work in fast food and I'm not a teenager

Dre Finley, 24, has a college degree and works at Arby's for $8.78 an hour. He has a 5-year-old daughter and another baby coming soon. NEW YORK (CNNMoney) This is the face of today's fast food workers -- 70% of whom are over the age of 20, nearly...
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Jack Dorsey: Now a billionaire, always a 'punk'

Written By limadu on Kamis, 29 Mei 2014 | 05.32

NEW YORK (CNNMoney) He's taken out the earring and the blue hair is long gone, but don't call Dorsey corporate. "I'm still a punk," Dorsey insists. "What was amazing to me about the punk scene, which is why I got into it, is because there was this...
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America's growing housing affordability gap

Few can afford a home in San Francisco, while nearly all of Syracuse's residents can afford to buy a place. NEW YORK (CNNMoney) For the typical American household earning the median income, 65.5% of homes were affordable during the first quarter,...
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Google: Overwhelmingly white and male

The company released data showing its staff is weighted heavily towards white males. NEW YORK (CNNMoney) "We're not where we want to be when it comes to diversity," the report states. "And it is hard to address these kinds of challenges if you're...
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Why I broke up with Apple

Written By limadu on Rabu, 28 Mei 2014 | 05.32

Apple and I used to have a strong relationship. But I had a change of heart. NEW YORK (CNNMoney) I still remember how giddy I was when I got my green iPod Mini in 2004, my fifth-generation iPod in 2006, my MacBook in 2007 and my iPhone 4S in...
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'Wall Street can be a narcotic'

Fred Dickson has been in the investing business for four decades. But he's not your average Wall Streeter. NEW YORK (CNNMoney) "It's part of the nature of the beast," he says. When Dickson started on Wall Street in 1973, Americans were waiting...
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Half of American adults hacked this year

2014 is quickly becoming the year of the hack. Get used to it. Massive data breaches are becoming a monthly occurrence. NEW YORK (CNNMoney) That massive number, tallied for CNNMoney by Ponemon Institute researchers, is made even more mind-boggling...
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Discount private island sells for $38M off

Written By limadu on Selasa, 27 Mei 2014 | 05.32

NEW YORK (CNNMoney) Innocence Island, the largest privately-owned island in the Bahamas, has all the usual trappings of a high-end tropical getaway: beaches, mango trees, a large, airy home with a pool. There's even a runway that comes with its own...
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I've been priced out of downtown Detroit

"It seemed unfair to be forced to pay more," said Andrew Kopietz, who was priced out of his downtown Detroit apartment. NEW YORK (CNNMoney) Detroit, which filed for bankruptcy last July, has received millions of dollars from individuals, corporations...
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Hillshire shares surge on takeover bid from Pilgrim's

NEW YORK (CNNMoney) Hillshire Brands (HSH, Fortune 500) jumped more than 20% in premarket trading, even as shares for Pilgrim's Pride (PPC) dipped 3%. Under the proposal, Pilgrim's Pride would pay $45 a share for Hillshire in an all-cash deal....
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How celebrity hacker 'Sabu' helped feds thwart 300 cyber-attacks

Written By limadu on Senin, 26 Mei 2014 | 05.32

NEW YORK (CNNMoney) That's according to new U.S. government documents that for the first time provide extensive detail about what they call the "extremely valuable and productive" undercover cooperation of Hector Monsegur. Monsegur used the Sabu...
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Production halt for India's iconic Ambassador

An Ambassador taxi on the streets during monsoon rain in Kolkata. HONG KONG (CNNMoney) Once the vehicle of choice for Indian politicians and bureaucrats, the Ambassador's design was borrowed from Britain's Morris Oxford. The car's look hasn't...
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Stocks rise as EU election results come in

Alexis Tsipras leads the far-left Syriza party in Greece. His anti-austerity party that has received roughly 27% of the vote. LONDON (CNNMoney) Germany's DAX index led the way with a 0.9% rise. Spain's IBEX gained 0.8%, while France's CAC 40...
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GM faulty ignition crashes now 47

Written By limadu on Minggu, 25 Mei 2014 | 05.32

This is the 57-cent part at the center of GM's recall crisis. NEW YORK (CNNMoney) GM (GM, Fortune 500) has raised the number of frontal-impact crashes linked to the problem ignitions to 47 from 32, according to company spokesman Greg Martin....
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Federal workers owe IRS the $3.3 billion

When it comes to unpaid taxes, Treasury Department employees have the lowest tax delinquency rate among all federal departments. NEW YORK (CNNMoney) The IRS released data this week showing that roughly 3.3% of federal employees and retirees owed...
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I sold my startup to Cisco. Here's why

Dov Yoran, CEO and co-founder of ThreatGRID, talks about why he sold his company to Cisco Systems. NEW YORK (CNNMoney) Yoran had grown accustomed to refusing countless tech companies and investors who wanted a piece of his firm's sophisticated...
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Seinfeld's 'Comedians in Cars' adding 24 new episodes

Written By limadu on Sabtu, 24 Mei 2014 | 05.32

Seinfeld's 'Comedians in Cars Getting Coffee' premiers June 19 and now has a sponsor for the next four seasons. Click the image for a gallery of some of the cars, and stars, that have appeared on the show so far. NEW YORK (CNNMoney) This will...
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Just 2% of GM cars have ignition switch fix

A mechanic at a GM dealership in Michigan replaces an ignition switch on a recalled car. NEW YORK (CNNMoney) GM (GM, Fortune 500) began repairing the 2.6 million recalled vehicles six weeks ago. The automaker says that dealers have made such...
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Federal workers owe IRS the $3.3 billion

When it comes to unpaid taxes, Treasury Department employees have the lowest tax delinquency rate among all federal departments. NEW YORK (CNNMoney) The IRS released data this week showing that roughly 3.3% of federal employees and retirees owed...
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Can Modi make India the new China?

Written By limadu on Jumat, 23 Mei 2014 | 05.32

Narendra Modi will be sworn in as prime minister on Monday. HONG KONG (CNNMoney) But is he the leader to haul India out of its funk, and put the world's second most populous nation back on track to rival China? Investors think so. The prospect...
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Stocks: 5 things to know before the open

Click here to see in-depth premarket data NEW YORK (CNNMoney) Here are 5 things you need to know before the bell: 1. Data and earnings The U.S. government will report new home sales from April at 10 a.m. ET. Foot Locker (FL, Fortune 500)...
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