Make GarbageMoney.com your home page
click here
Search
Garbage Money
Google
Join Newsletter
 
31, Jul 2010

Time to scrap BP brand? Gas-station owners divided

BP gas station owners across America are divided over whether the oil giant stained by its handling of the Gulf spill should rebrand U.S. outlets ...

What can $1 million buy in today's housing market?

How much can $1 million buy you in today's real estate market? The answer, of course, varies depending on where you're looking to buy.

Money management a difficult lesson for NFL's rookie class

As they begin life in the NFL, rookies also can ponder sobering fine print that tempers the allure of becoming rich and famous. They could also ...

New 2011 Volkswagen Jetta blasts its rivals off the road

It's hard to overstate the importance of the new Jetta to Volkswagen in the U.S.

Regulators close banks in Fla., Ga., Ore., Wash.

Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the ...

Hyundai profits -- and Sonata sales -- keep rolling

Hyundai Motor reported today that global net income jumped 71% to $1.2 billion in the second quarter. The automaker also said it expects to beat ...

Stocks end July with big gain; Dow gains 7.1%

Stocks had a fitting end to a choppy July as prices seesawed their way to a narrowly mixed finish. The market still had its best month in a ...

GM hikes production capacity for Volt by 50%

General Motors said Friday that it is boosting production capacity for its new Chevrolet Volt due to strong public interest in the electric car ...

Economic growth slowed to 2.4% rate in second quarter

U.S. economic growth slowed to a 2.4% annual rate in second quarter, weakest pace in nearly a year

Toxic AIG, Bear Stearns assets gaining value, says N.Y. Fed

Toxic assets the U.S. government bought during the bailouts of American International Group and Bear Stearns are finally gaining value, the Federal ...

N.Y. suit seeks $30 million in Madoff family money

The court-appointed trustee seeking to recover billions of dollars lost by jailed financier Bernard Madoff sued three entities Thursday to get ...

Banks seek customers' help to stop online thieves

For generations, U.S. consumers have relied on banks to bear the primary responsibility for keeping their hard-earned cash deposits out of the ...

Investor fears outweigh stunning earnings gains

Investors may be fretting over the chance of a double-dip recession, but companies' earnings are coming in with sprinkles on top.

Merck's 2Q net income drops 52% on higher costs, charges

Drugmaker Merck on Friday reported a 52% drop in second-quarter net income, due to big merger and restructuring charges and lower income from ...

Honda posts record profit, Mazda reduces loss

Honda's quarterly profit ballooned to a record $3.2 billion while Mazda reduced its losses, rounding out a tale of recovery among Japanese a ...

Microsoft iPad killer? Coming 'soon'

Microsoft Chief Executive Steve Ballmer said Thursday that the software giant is urgently working with its partners to unveil a host of tablet computers running Windows 7, to compete with Apple's fast-selling iPad.

How to save $1 million by 65



Worst job on Earth up for grabs

It could quite possibly be called the worst job on Earth -- and the position is open.

Stocks: Best monthly gain in a year

Despite a mixed performance on Friday, stocks booked the best monthly gain in a year, with the Dow Jones industrial average and S&P 500 both rising nearly 7% in July.

China says it tops Japan as No. 2 economy

China has surpassed Japan to become the world's second largest economy, lagging only behind the United States, a Chinese government official said in remarks published on Friday.

Married couple, separate finances

Michelle Spranger and Scott Zuckerberg have been husband and wife for eight years, but they've yet to marry their finances.

Bernanke's nest egg bounces back



For sale: Dennis Hopper's compound



Let's fund every entrepreneur

There was a great conversation Thursday at Y Combinator's AngelConf in Silicon Valley. Anthony Ha of Venturebeat had a couple posts on it that I just read, one on Paul Graham's comments, and another on Ron Conway and Mike Arrington's comments. I would have enjoyed being part of that discussion, so I'll join in now.

Obama's consumer confidence problem



$300 for a hotel? Get a house instead

Book a hotel in a popular destination and you know what to expect: a bed, a mini-fridge, and a big bill at checkout. In Europe's big cities, for example, you can easily spend anywhere from $150 to $300 a night (hotels in Florence average $205).

When a Wall St. resume is political poison

Poor John Kasich. When he made that fateful decision in January 2001, he was just doing what politicians have done since time immemorial: he was taking a cushy Wall Street job between a couple of public office gigs in order to pad the family pocketbook.

States are broke. You're on the hook.

The states are broke, and like many consumers, they're borrowing big time to get out of their fiscal binds.

Facebook app maker vanishes

Facebook said Wednesday it has deleted all applications created by Pencake, wiping out widgets used by an estimated 45 million Facebook members.

The future of social media

Gaming is already wildly popular. A recent spate of deals with Google, Disney, and Gamestop, suggest that social games have the promise to be wildly profitable, too.

Is Kindle 3 a game-changer?

Amazon unveiled its long-awaited Kindle 3 on Thursday, slashing the price to $139 and setting the tech world abuzz about what the move means for the ongoing e-reader wars.

Google search OK in China

Google users in China were temporary blocked from accessing the search engine, the company said Thursday, but the site was was once again working a few hours later.

Summertime tax savings

April may be eight months away, but it is never too early to start thinking about saving on your taxes. Take advantage of these summer savings before it is too late.

Want to invest abroad?

Question: What is the difference between a total world index fund and a total international index fund? How you see such funds as part of a retirement portfolio? --Dave, Apple Valley, Minnesota

The world's best balance sheets

At the G20 summit in Toronto last month, the leaders of world's largest economies embraced a brave new theme: Halting the alarming, potentially ruinous growth in already mountainous sovereign debt.

Weekly Market Wrap: 7/30/10

Economic growth slumps in the second quarter. Gold miners set record revenues and profits on all-time highs in the price of gold.

Alcatel-Lucent Lights Up After Earnings

Company reports big rise in revenue, profits.

Smart Grid Fund Among Friday's Best-Looking ETFs

In trading on Friday, the First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF is outperforming other ETFs, up about 2%.

Sunoco Shines, But Diummer Days Ahead

Analyst warns of challenging times ahead for industry after cost cuts drive strong quarter for refiner.

Monster Charges Higher

In trading on Friday, advertising agencies shares were relative leaders, up on the day by about 2%.

Trucking Firms Trail Friday

In trading on Friday, trucks & other vehicles shares were relative laggards, down on the day by about 1.7%.

Consumer Discretionary Fund Wins Popularity Contest

The iShares S&P Global Consumer Discretionary Sector Index Fund ETF saw unusual action Friday as volume jumped.

Northrop Execs Get Vote Of Confidence

BofA upgrades stock, citing defense firm's management's strong performance through tough period.

Frontier Communications Falls After Dividend Announcement

Firm cuts payout to 18. 75 cents per share, a decrease of about 25% from its prior dividend.

Downgrades: OPEN, GD, MOT

This morning, Bank of America downgraded shares of OpenTable (OPEN) from buy to neutral citing valuation. The stock has gained more than 75% year to date and could use a breather.
 
 
Nasdaq Stock Exchange
 
Adds by Google