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ABC News(Business)
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- 'I GUARANTEE IT': Men's Wearhouse Ousts Founder, Pitchman
19th June 2013 - Retailer Men's Wearhouse announced that it terminated founder and executive chairman George Zimmer.
- World Works Overtime for Royal Baby
19th June 2013 - Being breast-fed by a princess can't be bad. But for the Royal Baby, that's just the beginning. Beyond that, as he or she coos and wiggles, lies a cornucopia of delight: bespoke teddy bears, the imperial rattle, a Spode sippy cup, and wee slippers emblazoned with the Union Jack. Asks the world looking on: Why can't my own darling have those slippers? Well, now he can. Sign The Royal Baby GuestbookSo keen is public interest in the Royal Baby--not just in the U.K. but in the U.S. and elsewhere around the world--that an entire industry is working overtime to pump out Royal Baby-related merchandise, in anticipation of Princess Kate's due date.
- Olympian Lolo Jones' Paycheck Flap
19th June 2013 - American Olympic hurdler Lolo Jones said she wanted to show how hard bobsled athletes work when she posted a six-second clip about her paycheck on social video sharing site Vine. In the video, Jones, 30, shows her paycheck of $741.84 from her season with the USA...
- Big Boost for GM and Ford in China
19th June 2013 - Morning Business Memo? Both Ford and General Motors are revving up production in China ? now the world?s largest car market. GM has started work on a new Cadillac factory as it targets China?s lucrative luxury segment. The carmaker says it hopes to triple Cadillac...
- 6 Ways to Save Money This Month
19th June 2013 - We all want to save more money. After all, none of us like the feeling of looking at our bank account (or under our mattress) and realizing that we have no money left and our next paycheck is still a week away. By saving a few dollars here and there, we can get some breathing room in our monthly budgets and hopefully start saving up for future expenses, as well.
- Photos: Rare Painting Sold for $21M
19th June 2013 - A rare Expressionist painting by Wassily Kandinsky, Studie zu Improvisation 3, 1909, was auctioned for $21,157,438 or £13,501,875, on June 18 in London by Christie's. It was the most expensive item sold of 44 lots in the Impressionist and Modern Art Evening Sale. It belongs to Kandinsky's revolutionary series of paintings, started earlier that year, known as 'Improvisations', which mark his first major forays into the realm of abstraction. In Nov. 2012, Kandinsky's Studie für Improvisation 8, 1909 set a record for the artist when Christie's sold it for $23 million.
- Photos: 'Disney Estate' on Sale for $90M
19th June 2013 - The Carolwood Estate, nicknamed the Disney estate, in Los Angeles is on sale for $90 million. The property once belonged to Walt Disney, founder of the Walt Disney Company, ABC News' parent. Investor and billionaire Gabriel Brener, co-owner of the Houston Dynamo soccer team, bought the animator's old barn on Carolwood Drive from the estate of Disney's widow in 1998, tore it down and annexed the neighboring land. An eight-bedroom home was built in 2001.
- Jeep: No Recall, But New Trailer Hitches
18th June 2013 - Chrysler said today that due to customers? ?raised concerns? it would add or replace trailer hitches on some older model Jeeps now at the center of a safety debate between the automaker and the U.S. government. Mike Palese, a Chrysler spokesman, told ABC News today...
- Facebook Friends Welcome at Bar; Others, Maybe Not
18th June 2013 - Facebook users in or around the Stockton, Calif., area may be getting a new friend. A local business owner has made it his mission to friend every bar patron as a precautionary measure to keep the good patrons in and the bad ones out. Finnegan?s...
- Best Employers for Workers Over 50
18th June 2013 - The National Institutes of Health tops this year's list of the best employers for baby boomers, according to the American Association of Retired Persons.
- Pre-Paid Funeral Service Was a 'Ponzi-Like Scheme'
18th June 2013 - An alleged former office in a pre-paid funeral scheme that may have bilked 150,000 people out of $600 million pled guilty in being involved in the sale of prearranged funeral contracts and the misappropriation of insurance premiums intended for them.
- Watch: Is Fed Chair Ben Bernanke Leaving?
18th June 2013 - Jeff Macke analyzes the morning business headlines.
- Watch: California Pub Asks for Facebook Friendship
18th June 2013 - Finnegan's Irish Pub use social networking to create a guest list for VIP seating.
- Photos: Jagger's Hair Worth $3,100?
18th June 2013 - A lock of hair of rocker Mick Jagger will be auctioned for the U.K. charity, Changing Faces, which supports people with disfigurements. The lock of hair is estimated to be worth £1,500 to £2,000, or about $2,300 to $3,100. Cut in the 1960s, the hair was saved by an old girlfriend's grandmother. The statement from Chrissie Shrimpton confirms that, unbeknown to her at the time, this lock was saved by her grandmother when Mick and Chrissie were staying at her parents' farm. Apparently, on her grandmother's death, the hair passed to Chrissie's aunt and when she died, the hair was returned to Chrissie by a cousin taking care of personal effects, the listing states.
- Expensive Cars May Save You Money
18th June 2013 - Cars are about to get more expensive. And it's going to save you money. Yes, it sounds loony, but I believe it, because Consumer Reports says so.
- Ingenious New Business Model for Airport Car Rentals
18th June 2013 - Said three teenagers to themselves last year: Yeah, sure, we could go to college. But wouldn't it be more fun to up-end the airport rental car business? They opted for the latter.
- Chrysler Not Budging on SUV Safety Showdown
18th June 2013 - Morning Business Memo: In one of the biggest-ever showdowns between an automaker and government regulators, Chrysler today is set to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in rear-end collisions. The government says...
- Fed Sends Stimulus Junkies to Rehab
18th June 2013 - One of the main reasons for the soaring stock market is the current low cost of capital for public companies. This cost is far lower than it otherwise would be because of a program undertaken by the Federal Reserve Board (the Fed) that goes by the nerdy name, quantitative easing, or, for short, QE.
- Photos: Ellen Lists Calif. Penthouse
18th June 2013 - Ellen DeGeneres and Portia de Rossi listed their penthouse in the prestigious Somerset building in Beverly Hills, Calif. for $899,000. According to property records, DeGeneres bought the home three years ago for $835,000. The corner penthouse measures 1,683-square feet. Both of the two bedrooms are en-suite with full closets.
- Judge: Sex Tapes Violated Waffle House Chairman's Privacy
17th June 2013 - A former housekeeper violated the Waffle House chairman's privacy by recording sex tapes of the two in an attempt to prove that he allegedly demanded sex acts from her, a Georgia judge ruled.
- Joan Jett Sues Teen Punk Retailer
17th June 2013 - Rocker Joan Jett's label, Blackheart Records Group, is suing teen retailer Hot Topic, for trademark infringement over the store's Blackheart Clothing Company brand.
- McDonald's Sued Over Debit Cards
17th June 2013 - A former McDonald's worker in Pennsylvania is suing McDonald's franchise owners saying she was required to receive her wages through a debit card that charged fees, resulting in some hourly employees receiving less than minimum wage.
- Markets Await Word on Interest Rates
17th June 2013 - Morning Business Memo? Federal Reserve Board Chairman Ben Bernanke is likely to send financial markets soothing words about interest rates and cheap money. US stock futures and overseas markets rose this morning as hopes grew that the Fed will put off plans to wind down...
- Photos: Jodie Foster's Home for Sale
17th June 2013 - The Hollywood Hills home is back on the market for $6.399 million.
- New Websites for Deals Target Kids
17th June 2013 - Email boxes are flooded with deals for food, shopping and travel, but two new sites want to remove the clutter and boredom to provide kids and couples with ideas for fun activities. Kidsy.co, which test-launched last month, provides activities for families with children and the...
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