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Tech stocks: BlackBerry shares slide, Netflix surges

USA Today Money News Feed - Thu, 10/10/2013 - 4:22am
Company reportedly open to idea of selling itself off in parts.
Categories: Financial News

Why would SEC suspend trading in penny stocks?

USA Today Money News Feed - Thu, 10/10/2013 - 4:16am
Ask Matt: Feds always on prowl for scammers of thinly traded shell company shares.
Categories: Financial News

Teva Pharma plans to cut about 5,000 employees

USA Today Money News Feed - Thu, 10/10/2013 - 4:12am
One of the world's largest generic drugmakers to reduce workforce by 10%.
Categories: Financial News

Recession risk seen if debt ceiling isn't raised

USA Today Money News Feed - Thu, 10/10/2013 - 4:08am
A U.S. debt default could send the nation back into recession.
Categories: Financial News

As Washington argues, Main Street hits the brakes

USA Today Money News Feed - Thu, 10/10/2013 - 3:58am
Businesses halt expansions and delay hiring as the debt ceiling impasse rolls on.
Categories: Financial News

Jobless claims spike due to Calif. backlog, shutdown

USA Today Money News Feed - Thu, 10/10/2013 - 3:53am
Unemployment benefit applications have spiked to 374,000 due to California backlog and the partial federal shutdown.
Categories: Financial News

What to watch: Market's reaction to confidence dip

USA Today Money News Feed - Thu, 10/10/2013 - 3:45am
What to watch: Wall Street will be watching for sentiment in October to have declined.
Categories: Financial News

ECB to Create Currency Swap Line With China Central Bank

Wall Street Journal Online - Thu, 10/10/2013 - 3:25am
The European Central Bank will create currency swap lines with China's central bank, a sign of China's growing importance in Europe's trade and financial transactions.
Categories: Financial News

Lew: Forcing default is 'irresponsible and reckless'

USA Today Money News Feed - Thu, 10/10/2013 - 3:16am
The government runs out of borrowed money on Oct. 17. Default would happen days later.
Categories: Financial News

Self-driving cars? They are (sort of) here already

USA Today Money News Feed - Thu, 10/10/2013 - 3:10am
Several luxury automakers now have systems that automatically steer cars on highways
Categories: Financial News

Stock futures surge as shutdown saga continues

USA Today Money News Feed - Thu, 10/10/2013 - 3:03am
Investors bid pre-markets higher as partial government shutdown drags on.
Categories: Financial News

Gold: The investment dog that's not hunting

USA Today Money News Feed - Thu, 10/10/2013 - 2:36am
Gold is supposed to protect you from catastrophe; its track record is not so good.
Categories: Financial News

First Take: Ford misses chance to squelch Microsoft talk

USA Today Money News Feed - Thu, 10/10/2013 - 2:29am
Ford board mum on rumors that CEO Mulally is on short list to run Microsoft
Categories: Financial News

Craft beer hops along its creative course

USA Today Money News Feed - Thu, 10/10/2013 - 2:11am
Craft brewers are aiming for increasing complex beers to satisfy consumers.
Categories: Financial News

Ford's turbocharged engine sets Daytona records

USA Today Money News Feed - Thu, 10/10/2013 - 2:03am
It shows off the technology, which saves gas and boosts performance
Categories: Financial News

Ford board meeting ends with no word on Mulally

USA Today Money News Feed - Thu, 10/10/2013 - 1:57am
Automaker to pay 10-dividend in fourth quarter, shares jump 2% in strong market rally.
Categories: Financial News

151 Passengers + 0 Working Toilets = 1 More Grounding for Boeing’s Dreamliner

Time Magazine Latest Money News - Thu, 10/10/2013 - 1:42am
The launch of Boeing’s 787 Dreamliner, a model of fuel efficiency, has been marred by production delays, glitches, and worst of all a battery fire that forced an international grounding. To top it all off, one plane en route from Moscow to Tokyo had to take a U-turn late Wednesday night, because the toilets on the plane “became unable to be used,” as a spokesman for Japan Airlines delicately put it. To put it less delicately, the toilets wouldn’t flush. The plane, carrying 151 passengers and crew members and an unspecified number of inoperable toilets, landed in Moscow two hours after take-off. “The device to heat meals also had a problem,” the spokesman added. [Sydney Morning Herald]
Categories: Financial News

First Take: Relief rally shows investors were right

USA Today Money News Feed - Thu, 10/10/2013 - 1:24am
Investors had wisely anticipated Congress to work things out as Dow soars 300 points.
Categories: Financial News

JP Morgan Chase sells short-term Treasury holdings

USA Today Money News Feed - Thu, 10/10/2013 - 1:09am
Banking giant doesn't want to be holding government bonds if the U.S. defaults.
Categories: Financial News

Google Chrome's cache exposes personal data

USA Today Money News Feed - Thu, 10/10/2013 - 12:46am
Second major flaw discovered: unencrypted data served on platter to thieves
Categories: Financial News

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