<![CDATA[DailyFinance.com]]> en-us <![CDATA[SEC Wants to Hear 'We Were Wrong' in Future Settlements]]> DailyFinance.com: Chip Somodevilla/Getty ImagesSecurities and Exchange Commission Chairman Mary Jo White By MARCY GORDON WASHINGTON -- The chairman of the Securities and Exchange Commission says the agency will start requiring companies and individuals to admit ... Read more]]> <![CDATA[Investors Anxiously Await Fed's Latest Decision on Stimulus]]> DailyFinance.com: Alex Wong/Getty ImagesFederal Reserve Chairman Ben Bernanke By Annalyn Kurtz and Hibah Yousuf Ever since Federal Reserve Chairman Ben Bernanke noted last month that the central bank may start slowing its stimulus program in just a "few meetings," ... Read more]]> <![CDATA[When It Comes to Data Collection, Which Companies Can You Trust?]]> DailyFinance.com: Alamy Can consumers protect themselves from the NSA's domestic spying operations? As more information emerges, the answer seems to be an emphatic "no." On Monday, whistleblower Edward Snowden explained that the NSA routinely engages in "incidental" ... Read more]]> <![CDATA[Surprise! Young Adults Have Smartened Up About Debt]]> DailyFinance.com: Michael Nagle, Bloomberg News via Getty Images Credit cards, with their high interest rates and exorbitant fees, have often trapped college students and other young adults in debt spirals that can be almost impossible to escape from. However, the ... Read more]]> <![CDATA[The Smart 401(k) Rollover Option That Almost Everyone Forgets]]> DailyFinance.com: DailyFinance Taking your retirement-plan money when you switch jobs and going on a spending spree would be a costly mistake, resulting in higher taxes, penalties, and lost investment opportunities. But even if you know enough not to treat your ... Read more]]> <![CDATA[Closing Bell: Stocks Continue Rally on Upbeat Economic News]]> DailyFinance.com: David Paul Morris/Bloomberg Markets extend rally: Following Monday's rise, stocks kept their upward momentum going Tuesday. Market were buoyed by two positive economic reports, showing a pick up in the number of housing starts and low consumer ... Read more]]> <![CDATA[Chrysler Reverses, Will Recall 2.7M Jeeps for Fuel Tanks]]> DailyFinance.com: Chrysler/AP DETROIT -- Chrysler Group gave in to government pressure and said Tuesday it would recall 2.7 million older Jeep models, after initially fighting a recall request from U.S. regulators. While Chrysler stood by its assertion that the ... Read more]]> <![CDATA[Huawei Keeping an Open Mind on Acquisition of Nokia]]> DailyFinance.com: In comments just before Chinese telecom firm Huawei introduces its new high-end smartphone, the Ascend P6, the company would consider an acquisition of Nokia Corp. (NYSE: NOK) to help Huawei become a global leader in smartphone manufacturing. A ... Read more]]> <![CDATA[Careless Chinese Baggage Handler Really Throws Himself Into His Work]]> DailyFinance.com: This guy should probably look into a new line of work. A viral video making the rounds this week shows an air-freight handler at Guangzhou Airport in China loading up a cargo plane in the most careless way possible. Over the course of the ... Read more]]> <![CDATA[Tech's Highest-Paid CEOs]]> DailyFinance.com: Yahoo's Marissa Mayer is the second-highest paid CEO in the tech world this year. Who's No. 1, and who else makes the Top 12 list -- all of whom made more than $15 million? Read on ... More from CNNMoney: 5 super-cool supercomputers 10 decades ... Read more]]> <![CDATA[NSA Director Says Plot to Bomb Wall Street Was Foiled]]> DailyFinance.com: Mark Wilson/Getty Images WASHINGTON - The director of the National Security Agency said Tuesday the government's sweeping surveillance programs have foiled some 50 terrorist plots worldwide, including one directed at the New York Stock Exchange, in a ... Read more]]> <![CDATA[Here's Why United Was Just Named America's Worst Airline]]> DailyFinance.com: Getty Images In a week that saw United Airlines (UAL) place dead last in a customer service ranking of the major airlines, a picture surfaced that gives some idea of how the airline earned that dubious distinction. FlyerTalk A member of travel forum ... Read more]]> <![CDATA[Classic Cosmetics: Kinder to Your Skin, Your Wallet and the Earth]]> DailyFinance.com: Getty Images Makeup can be dangerous. Looking at the rows of toners and powders, lipsticks and rouges packing the corner drug store, cosmetics seem innocent enough. But under the bright colors and attractive packaging, the sex appeal and huge ... Read more]]> <![CDATA[Wise Ways to Save on Smart TVs -- Savings Experiment]]> DailyFinance.com: #fivemin-widget-blogsmith-image-735669{display:none;} .cke_show_borders #fivemin-widget-blogsmith-image-735669, #postcontentcontainer #fivemin-widget-blogsmith-image-735669{width:570px;height:411px;display:block;} View PollView Poll Related ... Read more]]> <![CDATA[Companies Work to Make Processed Food Look Natural]]> DailyFinance.com: Alamy / Kraft Foods Inc. By CANDICE CHOI NEW YORK -- Here's the latest goal for food makers: Perfect the art of imperfection. When stretching out the dough for its premium "Artisan Pizzas," Domino's (DPZ) workers are instructed not to worry about ... Read more]]> <![CDATA[Prices for Consumer Goods Barely Rise in May]]> DailyFinance.com: Getty ImagesFresh data out Tuesday show that consumer prices rose slightly in May in part due to higher energy prices, though gas prices were flat. By CHRISTOPHER S. RUGABER WASHINGTON -- U.S. consumer prices rose slightly in May as higher energy ... Read more]]> <![CDATA[New Housing Starts Follows Apartment Construction Higher]]> DailyFinance.com: The U.S. Census Bureau and the Department of Housing and Urban Development reported this morning that new housing starts in May rose to an annual seasonally adjusted rate of 914,000, an increase of 6.8% from the upwardly revised April rate of 856,000 ... Read more]]> <![CDATA[Housing Starts Pick Up in May, But Less Than Forecast]]> DailyFinance.com: Keith Srakocic/AP By Lucia Mutikani WASHINGTON -- U.S. housing starts rose less than expected in May, likely reflecting labor and material constraints, but the overall trend remained consistent with strength in the housing market. Though permits ... Read more]]> <![CDATA[FOMC Has Little Inflation Worry as May CPI Remains Tame — June Is Another Story]]> DailyFinance.com: The U.S. Labor Department already released its reading for wholesale prices via the Producer Price Index for May, and now we have the retail inflation data coming via the Consumer Price Index (CPI). Headline inflation was measured at only 0.1% for ... Read more]]> <![CDATA[Market Minute: GE to Build 'Industrial Internet'; AT&T's Bright Idea]]> DailyFinance.com: Smartphone users will get a charge out of this, and GE has a bright idea. Those and more are what's making business news Tuesday. The Dow industrials (^DJIA) rose 109 points. It's the fifth straight triple digit move for the Dow -- two up, three ... Read more]]> <![CDATA[Why SDL, Chemring, and Galliford Try Should Lag the FTSE 100 Today]]> DailyFinance.com: LONDON -- The FTSE 100 is tentatively creeping back up a little today after managing a rise of just 22 points yesterday. By 7:45 a.m. EDT today it has put on a further 48 points, or 0.76%, to reach 6,378. Movements are pretty erratic across the ... Read more]]> <![CDATA[Quintiles Gets Mostly Positive Analyst Coverage as Quiet Period Ends]]> DailyFinance.com: Quintiles Transnational Holdings Inc. (NYSE: Q) has seen its so-called analyst quiet period come to an end. The company's IPO was close to $950 million, which had been an upsized offering at $40.00 per share. The trading has been positive as the ... Read more]]> <![CDATA[Airbus, Boeing Taking Names at Paris Air Show]]> DailyFinance.com: Early this morning, Airbus, the aircraft-making division of European Aeronautics Defence and Space Co. (EADS), signed a deal to supply European airlines easyJet with 135 of the company's A320 and A320neo single-aisle planes for $11.5 billion. The big ... Read more]]> <![CDATA[Sprint Sues Dish Seeking to Block Clearwire Buyout]]> DailyFinance.com: Justin Sullivan/Getty Images By Jonathan Stempel and Sruthi Ramakrishnan Sprint said it has sued Dish Network to block its tender offer for Clearwire, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier ... Read more]]> <![CDATA[At G8, an Odd Mix of Optimism and Concern]]> DailyFinance.com: A statement from the G8 conference said that while the global economy may be in the midst of a recovery, there remain a number of trap doors that could open and swallow the progress. The comments echoed those made by almost every other large ... Read more]]> <![CDATA[Facebook Dominates Twitter Among Brands — Optimal]]> DailyFinance.com: Optimal Inc. has released a new study about brand leadership numbers between Twitter and Facebook Inc. (NASDAQ: FB). The data show the massive lead the world's largest social network has in terms of the number of people who follow major brands. In ... Read more]]> <![CDATA[For 2014, PwC Projects Medical Cost Trend Of 6.5%]]> DailyFinance.com: Consultancy PwC , expects medical costs to rise at only 6.5% in 2014, which would be down sharply from increases in recent years. It expects the both the economy and federal public policy will help drive these costs down. If PwC is right, one of the ... Read more]]> <![CDATA[Think Facebook Execs Are Overpaid? Tough Noogies]]> DailyFinance.com: Getty Images Think Facebook (FB) executives are overpaid? Join the club. A close review of Facebook's 2013 proxy voting results suggests that most average outside shareholders are unhappy with Facebook's executive compensation ... Read more]]> <![CDATA[3 Ways Stock Buybacks Hurt Investors]]> DailyFinance.com: Getty Images Walmart's (WMT) new $15 billion stock repurchase plan may be popular among shareholders. But this method of returning money to shareholders has its downsides. Here are three that investors should consider before celebrating any company's ... Read more]]> <![CDATA[Bankrupt W.R. Grace is Thriving and Here's Why]]> DailyFinance.com: Calin Tatu/AP By Ernest Scheyder and Nick Brown COLUMBIA, Md. and NEW YORK -- A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S. specialty chemical manufacturer W.R. Grace & Co. ... Read more]]> <![CDATA[Europe Car Sales Collapse In May-GM Needs To Leave]]> DailyFinance.com: In another sign that the recession in Europe has hit consumer spending, car sales fell in May and reached their lowest level in that month since 1993. The data likely will press U.S. car companies, particularly GM (NYSE: GM) and Ford (NYSE: F) to ... Read more]]> <![CDATA[Third Point Increases Sony Ownership]]> DailyFinance.com: As a means to pressure Sony (NYSE: SNE) to spin out its entertainment division Third Point, controlled by activist investor David Loeb, said it has upped its ownership in the Japanese company to 6%. According to The Guardian New York-based hedge fund ... Read more]]> <![CDATA[Obama-Bernanke "Stayed A Lot Longer" Than Expected At Fed]]> DailyFinance.com: President Barak Obama indicated that Ben Bernanke would not remain at the Federal Reserve after the current term. This opens the possibility that front runner Janet Louise Yellen may takeover next year. She is the Fed's No.2. It was not entirely ... Read more]]> <![CDATA[easyJet Sets $11.5 Billion Deal To Buy Airbus A320, Crushing Boeing]]> DailyFinance.com: easyJet will buy a number of planes from Airbus in a setback to rival Boeing (NYSE: BA) which has already had a share of setbacks due to problems with batteries on its 787 Dreamliner. The battery problem took the Dreamliner out of service for ... Read more]]> <![CDATA[Sprint Sues Dish And Clearwire: The Full Release]]> DailyFinance.com: Sprint Nextel (NYSE: S) desperate to hold on to a deal to be bought out by Softbank and keep its play to buy Clearwire (NASDAQ: CLWR) for its 4G spectrum sued Dish Network (NASDAQ: DISH) which has received the nod from Clearwire's board to buy it. ... Read more]]> <![CDATA[To Taper or Not? Stocks Rise Ahead of Fed Meeting]]> DailyFinance.com: Getty Images NEW YORK - Stocks are closing higher as traders hope that the Federal Reserve will decide to continue its economic stimulus program when it meets this week. The Standard & Poor's 500 index climbed 12 points, or 0.8 percent, to close at ... Read more]]> <![CDATA[Closing Bell for Monday on Wall Street: Markets Open Higher, Hold Gains Until Fed Chatter Cools Buyers]]> DailyFinance.com: U.S. equity markets opened higher this morning not on any particular news, but likely more influenced by tomorrow's start of the Fed's June meeting and Wednesday's announcement of interest rates. Shares traded higher until the Financial Times ... Read more]]> <![CDATA[Homebuilder Sentiment Highest in 7 Years in June]]> DailyFinance.com: By Leah Schnurr NEW YORK, June 17 - The majority of U.S. homebuilders view conditions in the industry as favorable for the first time since the start of the housing crisis seven years ago, with an industry report showing confidence in the sector ... Read more]]> <![CDATA[General Motors Adds 194,000 SUVs to Recall]]> DailyFinance.com: General Motors Co. (NYSE: GM) has added about 194,000 SUVs to a recall first issued in August 2012 to fix a condition that could lead to an short circuit and an electrical fire in the driver-side door. The August recall involved about 249,000 ... Read more]]> <![CDATA[What to Watch on Wall Street: Grocers, Restaurants Provide Food for Thought]]> DailyFinance.com: Getty Images You can never know in advance what news will move the market in a given week, but some things you can see coming. From a mysterious media event unveiling at the world's most popular social networking website to a struggling restaurant ... Read more]]> <![CDATA[Shareholder Urges Smithfield Split Over Buyout]]> DailyFinance.com: Toby Talbot/AP By Nat Rudarakanchana Activist investor Starboard Value is pushing Smithfield Foods to split itself up and offer itself to other bidders, rather than proceed with a $4.7 billion takeover by China's Shuanghui International ... Read more]]> <![CDATA[Choosing the 'Default Option' Can Save You a Bundle]]> DailyFinance.com: AP From countries like Austria to universities like Rutgers, more and more organizations are defaulting to the "default option." The "default option" is an arbitrary way to opt you into a decision -- in an unobtrusive manner -- that you probably ... Read more]]> <![CDATA[National Hurricane Center: Tropical Depression Two Forms, Tropical Storm Expected]]> DailyFinance.com: A new alert has gone out from the National Weather Service regarding tropical storm activity. The note signals that Tropical Depression Two has formed in the 2013 hurricane season. The storm's current location is north of Honduras and El Salvador and ... Read more]]> <![CDATA[Lowe's Acquires Home Improvement Chain Orchard Supply]]> DailyFinance.com: Lowe's Companies Inc. (NYSE: LOW) said this morning that it has concluded an asset purchase agreement to acquire the majority of the assets of Orchard Supply Hardware Stores Corp. (NASDAQ: OSH) for $205 million plus the "assumption of payables owed ... Read more]]> <![CDATA[Home Builder Confidence Surges in June]]> DailyFinance.com: The National Association of Home Builders (NAHB)/Wells Fargo housing market index rose by eight points from 42 in May to 50 in June. A January reading of 47 had been the highest for the index since April 2006. An index reading below 50 indicates that ... Read more]]> <![CDATA[AK Steel Warns on Second Quarter Company Earnings, Shares Rise]]> DailyFinance.com: AK Steel Holding Corp. (NYSE: AKS) announced this morning that it expects to post a second-quarter loss in the range of $0.33 to $0.38 a share. The consensus estimate from Thomson Reuters called for a net loss of $0.08. What is driving the company's ... Read more]]> <![CDATA[Boeing, Airbus Orders Begin Rolling In at Paris Air Show]]> DailyFinance.com: Today marks the official start to the biannual Paris Air Show, and already The Boeing Co. (NYSE: BA) and competitor Airbus, a division of the European Aeronautic Defence and Space Co. (EADS) have announced their first orders. More announcements are ... Read more]]> <![CDATA[As Interest Rates Rise, Banks Face New Stress Tests]]> DailyFinance.com: Justin Sullivan/Getty Images By Stephen Gandel Banks have mostly been tight-lipped about what rising interest rates would mean for their bottom lines. They will soon have to open up a little more to regulators and investors. For the first time this ... Read more]]> <![CDATA[Empire Manufacturing Looks Great on the Surface, Not So Much After Breaking Out the Data]]> DailyFinance.com: Stocks were already higher this Monday morning in early trading, and now we have some economic readings to support the gains. The Empire Manufacturing Index is released monthly by the Federal Reserve Bank of New York, and the reading rose to 1.84 in ... Read more]]> <![CDATA[Weyerhaeuser Names New CEO, Issues Stock for Acquisition, Boosts Dividend]]> DailyFinance.com: Yesterday was a busy day for the board of directors at Weyerhaeuser Co. (NYSE: WY). The REIT named a new chief executive officer, announced a deal to spend $2.65 billion to acquire another 645,000 acres of timberland in Washington and Oregon, and ... Read more]]>