Despite a January lawsuit settlement, many merchants are still dinging users. Insisting on minimum purchase amounts is also a no-no.
The company rolls out a way to send money to people as an attachment to an email message.
Shouldn't we just be able to push a button instead?
Financial companies have pursued this type of electronic money transfer for years. PayPal by eBay (EBAY) has probably been the most successful, but even that requires some jumping through hoops. Now Google (GOOG) is giving it a whirl by letting you send money as an attachment to an email message.
In his current term, the government may earn more than $110 billion from this program, more than the country's most lucrative companies.
The federal government will turn a tidy profit -- to the tune of more than $110 billion -- from student loans during President Barack Obama's current term, thanks to a form of arbitrage that's helping the government reap more in earnings than some of the country's most lucrative companies.
What's driving the government's profits from lending to students? It's the fact that while the Federal Reserve is maintaining rock-bottom interest rates, students are obligated to repay their loans at a rate that's three times as high. The Treasury, as the middleman, gets to keep the difference.
That will allow the government to book profits of about $35 billion in the current fiscal year from its loans to college graduates, according to estimates from the Congressional Budget Office.
A customer claims lye used to clean tap lines at a Dallas location scorched his mouth, throat and stomach.
Like finding lye in its beer lines.
Though it's an isolated incident, a man from Panama City, Fla., claims he was on the receiving end of Red Lobster's worst nightmare when he was scorched with potassium hydroxide -- lye -- from a Budweiser he drank during a business lunch in Dallas in May 2011. According to The Dallas Observer, Justin Grogg took a sip of his beer and immediately felt his throat, esophagus and stomach starting to burn.
Berkshire Hathaway sees its second downgrade in 3 years as S&P questions its enthusiasm for stock investments and its reliance on its insurance arm for dividend income.
Standard & Poor's said it has cut Berkshire's rating to "AA" from "AA+." That's the same rating the company has received from Moody's, but Fitch has taken a dimmer view and rated it one notch lower.
Buffett has long been a champion of buying stocks, but that attitude may have hurt Berkshire's credit rating. In handing down its cut, S&P cited the riskiness of Berkshire's stock holdings, according to Bloomberg. The agency also doesn't like the way the company retains less capital than its competitors to support its insurance operations.
After getting bombarded with hundreds of thousands of complaints, the media company ditches the thinner-waisted version from its princess site.
Updated at 10:50 a.m. EST.
Hundreds of thousands of parents have validated Walt Disney's saying "All dreams can come true if we have the courage to pursue them."
In this case, Disney (DIS) has listened to the more than 210,000 petitioners who complained about the sexy makeover given to the fiery-haired Merida, heroine of "Brave." The media giant on Wednesday restored the original, more realistic version (pictured, left) to its official princess Website. On late Thursday, Disney told MSN moneyNOW that the makeover had been designed as a "one-time effort."
As reported Friday, parents were up in arms over Merida's sexy makeover (pictured, right) to get her ready for her coronation into the Disney princess lineup.
It keeps blaming disappointing results on things like delayed tax refunds, even though its rivals are doing better despite the same headwinds.
Among Wal-Mart's lackluster data points, first-quarter net income rose 1.1% to $3.78 billion, or $1.14 per share, versus $3.74 billion, or $1.10 per share, a year earlier. Sales increased 1% to $113.4 billion. Analysts surveyed by Bloomberg expected profit of $1.14 per share on revenue of $116.1 billion. U.S. comparable-store sales, a key retail metric measuring revenue at stores open at least a year, fell 1.4%.
She claims she was forced to take religious courses that included screaming at ashtrays and staring at co-workers.
In just about any workplace in America, these would be considered unchecked hostility issues worthy of a visit with the human resources rep and, maybe, a bump in the company medical plan's mental health coverage.
At Florida's Dynamic Medical Services, that's just part of the Scientology-based status quo, according to a complaint filed by the Equal Employment Opportunity Commission earlier this month.
Rommy Sanchez, whom Dynamic is accused of firing after she stopped attending the Church of Scientology, completed enough company-mandated courses to be taken to the church by a fellow Dynamic employee. Those "courses" are where all the shoving, prolonged staring and ashtray screaming came in.
A study by 2 German economists finds that markets make people more likely to betray their own moral codes.
Well, maybe just the research of a couple of German economists.
According to a release from the universities of Bamberg and Bonn, a study by economists Armin Falk and Nora Szech released in the journal Science found that markets erode people's morality and help them make decisions that look outright awful without the thin veil of commerce. In short, capitalism makes us do some not-so-nice things.
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While incompetent bosses like Michael Scott and Andy Bernard typically can’t survive in the workplace, office romances are a very real part of corporate culture.
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[BRIEFING.COM] The S&P 500 ended this week with a bang, roaring to a new all-time high on the back of stronger-than-expected economic data, influential leadership, and an ongoing appreciation for the Fed's monetary policy support.
The bullish bias was evident in premarket action as the S&P futures pointed to a higher start without the benefit of any definitive news catalyst. Stocks indeed benefited from a blast of buying interest at the opening bell on this ... More
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.