It’s only been about two and a half years but if you remember at that time Amazon increased the minimum purchase threshold from $25 to $35 for customers to qualify for free “Super Saver Shipping,” maybe not the end of the world but seriously a dent in your online shopping plans. But…
Just days after launching with a huge amount of fan fare, a cutting-edge device with a rock-bottom price is being blasted by industry officials and analysts. Ringing Bells unveiled its Freedom 251 smartphone on Wednesday. The phone touts features that included a 4-inch display, 1.3-GHz quad-core processor and 8 GB…
A bill to ban to imports from slave labor has passed the Senate and is headed to President Obama’s desk. The bill, known as H.R. 644, would block the imports of any goods “made with convict labor, forced labor, or indentured labor” if signed into law by the president. H.R….
JPMorgan Chase CEO Jamie Dimon dropped $26.6 million of his own money on Thursday to buy his bank’s recently battered shares. The purchase was disclosed in a company filing and added 500,000 shares of JPMorgan Chase to his portfolio and various family trusts. It brings his total JPM holdings to 6.7…
Shares of Facebook rocketed 15% after well l-received earnings report. Investors clearly like what Facebook is doing and the stock price reflects it. Earnings were 79 cents per share on $5.84 billion in revenue in the quarter. The highest estimates on the Street had called for earnings of 75 cents and revenue…
So you would think that the stock price would soar.. right? Not so. Shares of AAPL are off as much as 5% this morning. In a nut shell Tim Cook Apples CEO says the economy world wide is just pain bad! There is a bright spot however, Cook believes this one…
What would you do if you won the Powerball jackpot? I know I would quickly make my self debt free and pay off some hefty student loans. In all honestly, it is estimated that most of us would probably retire, pay down debt, make sure the kids are financially secure, buy…
At least a dozen of the Macy’s stores that are closing are in malls that are already troubled by store closings and declining sales. So could this mean that the closing of these stores could have an even larger reaching impact? The answer is yes, it could. This is because…
Apple’s stock closed down nearly 2 percent at about $100.73 Wednesday, a day after tumbling 2.51 percent. Shares of the tech giant briefly fell below $100 a share in afternoon trading. On Tuesday, Apple’s stock tumbled after the Japanese financial news service Nikkei reported that the company is expected to…
In the wake of a very poor holiday season and retail year, Macy’s announced that they will be closing a large number of stores, as well as reorganizing current call and credit centers so they may cut staffing. The Cincinnati-based department store chain says sales fell 5.2 percent in November…