• Facebook all-time high

    Published: Mon, Oct 27, 2014

    Speaking solely in Mandarin in front of a Chinese audience was probably really hard for Facebook CEO Mark Zuckerberg. But satisfying Wall Street's extremely high expectations for his company when Facebook reports its third quarter results on Tuesday may prove to be even more difficult. Shares of Facebook (FB, Tech30) hit an all-time high of above $80 a share on Friday.

  • Minn. African restaurant owner forced to change sign over Ebola fears

    Published: Mon, Oct 27, 2014

    Concern over Ebola has forced a Minnesota restaurant owner who serves African food to cover up part of her sign and reconsider her Liberian-themed menu. Kellita Whisnant has owned Mama Tis African Kitchen in Brooklyn Park, Minn. for three years.

  • CVS follows Rite-Aid, shuts off Apple Pay

    Published: Mon, Oct 27, 2014

    Last Thursday drug store chain Rite Aid Inc. (RAD) reportedly stopped accepting payments made through the just launched Apple Pay system from Apple (AAPL). On Saturday, CVS Health (CVS) was reported to have followed suit at its CVS pharmacy stores, USA Today reports. The issue appears to be a conflict between Apple Pay and a mobile payment system called CurrentC that is being developed by a retailer-owned mobile technology outfit called Merchant Customer Exchange ( MCX ). Unlike Apple Pay, CurrentC does not use an NFC chip, but instead generates a QR code that is displayed on the merchant's checkout terminal. Customers who have already linked their bank accounts to the CurrentC system scan the QR code from the terminal and the transaction is completed.

  • (NEW PHOTOS) Jennifer Lawrence buys 'romantic' home that Jessica Simpson sold last year

    Published: Fri, Oct 24, 2014

    Jennifer Lawrence just bought herself a pretty house with a pretty fabulous celebrity pedigree in Beverly Hills. E! Online first reported Lawrence's purchase, and Yahoo Homes has confirmed that the house was purchased through a trust associated with her dad. It sold for $8,225,000, according to the listing agents' websites. That's more than the asking price: It was listed in July for $7.9 million.

  • Why Costco pays its retail employees $20 an hour

    Published: Fri, Oct 24, 2014

    Last week, we wrote about The Container Store and its "1 = 3" theory, which says that one "great" employee is just as productive as three workers who are only "good." Kip Tindell, the company's CEO and founder, says this rule allows him to pay his retail employees an average salary of nearly $50,000 a year — almost twice the retail industry average. Of course, The Container Store isn't the only major retail chain that professes a commitment to paying its workers a livable wage.

  • Microsoft sales soar 25% on huge Office and gadgets demand

    Published: Fri, Oct 24, 2014

    Microsoft (MSFT, Tech30) sales soared 25% in the last three months on the back of cloud, Xbox and, yes, even the Surface tablet and Nokia smartphones. This is a new Microsoft that doesn't need to rely on its operating system to support it. Windows sales were just OK in the last quarter: Sales to businesses were up 10% and consumer upgrades were up just a bit, but consumer PC sales were down 1%.

  • Tumblr CEO: I'm still in charge here

    Published: Fri, Oct 24, 2014

    When it comes to going from startup to billion dollar company, CEO David Karp says Tumblr did it the right way. "I think and I hope that we were thoughtful about how we raised money, that we've been thoughtful about how we've grown the team," Karp told CNNMoney.

  • The Most Ridiculous Excuses For Skipping Work

    Published: Fri, Oct 24, 2014

    For the last 10 years, job listing site CareerBuilder has put out a list it calls “The Most Unbelievable Excuses for Calling in Sick,” Forbes reports. Last year an employee said he couldn’t come in because his false teeth flew out the window while he was driving down the highway, according to Forbes. Another claimed that someone had glued her windows and doors shut so she couldn’t get out of her house. This year the excuses include a worker who said he felt he had to stay at a casino when he had money left after a gambling weekend.

  • Aaron Paul touts petition to keep

    Published: Fri, Oct 24, 2014

    "Breaking Bad" star Bryan Cranston isn't the only cast member speaking out about the controversy surrounding a Florida mom's successful petition to remove the show's action figures from Toys "R" Us stores, CBS News reports. Cranston's co-star Aaron Paul took to Twitter Thursday to post his thoughts over the toy company's ban, with one of his posts including a fake quote from President Obama, according to CBS News.

  • Series Is On, and Everybody’s Watching ... Football

    Published: Fri, Oct 24, 2014

    It may be America’s national pastime, but it has never felt less national. On Tuesday night, the first game of the 2014 World Series drew just 12.2 million viewers to Fox, making it the lowest-rated Game 1 on record. Game 2 on Wednesday night fared somewhat better, with 12.9 million people tuning in. For most of the last century, the start of baseball’s World Series — with its red, white and blue bunting and occasional ceremonial first pitch from the president — was always a major event. The opening game of the Fall Classic has provided some of the country’s most enduring sports memories, including Willie Mays’s over-the-shoulder basket catch (1954), Sandy Koufax’s 15-strikeout performance (1963) and Kirk Gibson’s walk-off home run (1988).

  • Facebook wants to bring back the anonymous chatroom

    Published: Thu, Oct 23, 2014

    Remember in the late '90s when you would kill time in AOL and IRC chatrooms or post on Usenet? You'd strike up conversations with strangers about subjects you were all interested in, say "The X-Files," container gardening or The Fugees. Facebook wants to bring some of that community back with a fun new iOS app called Rooms. The free app, released on Thursday, lets you create or join chatrooms based on shared interests

  • Obese crash test dummies key to prevent road deaths?

    Published: Thu, Oct 23, 2014

    Car safety testing has come a long way since the days of dropping cadavers down unused elevator shafts in the 1930s. That we enjoy greater peace of mind on the road -- with fatal accidents in the US at historic lows -- is largely due to the evolution of crash test dummies. Vehicle manufacturers must prove their safety wi dummies before they can be legally sold in the US and Europe, and these unsung heroes have developed into extraordinarily sophisticated tools for collecting data and assessing risk.

  • Americans taking fewest vacation days in four decades

    Published: Thu, Oct 23, 2014

    Feeling buried by work, like you can't find time for a few days off, like your entire work-life balance is out of whack? If you're an American worker, it just might be. A new study has found that U.S. workers forfeited $52.4 billion in time-off benefits in 2013 and took less vacation time than at any point in the past four decades.

  • Men use flex time too, says new report

    Published: Thu, Oct 23, 2014

     I have long thought millennials, who expect flexibility in the workplace, would be the group that would bring an end to the stigma that is too-often associated with flex time -- the belief that wanting a flexible work arrangement means you aren't willing to work as hard. But now I'm thinking it's going to be men who will get us there.

  • Toys R Us puts 'Breaking Bad' figures on 'sabbatical'

    Published: Thu, Oct 23, 2014

    "Breaking Bad's" drug-dealing chemistry teacher Walter White will have to stop making the sale at Toys R Us. The toy store chain won't be selling "Breaking Bad" action figures anymore thanks in part to an online petition that urged the store to pull them from their stores and online site. The petition, issued by Susan Schrivjer of Fort Myers, Florida, received more than 9,000 signatures.

  • Boone Pickens tells oil companies to stop drilling

    Published: Thu, Oct 23, 2014

    Billionaire oilman T. Boone Pickens has seen plummeting oil prices before and says he knows what the problem is. Energy companies are pumping too much oil and none of them wants to be the first to stop, Mr. Pickens said Wednesday in an interview with The Wall Street Journal.

  • Saudi Arabia’s Crude Oil Supply Said to Fall in September

    Published: Thu, Oct 23, 2014

    The amount of oil Saudi Arabia supplied to markets fell last month, according to a person familiar with the country’s oil policy. Its production climbed. The world’s biggest crude exporter supplied 9.36 million barrels a day last month, a reduction of 328,000 barrels daily from August, according to the person, who asked not to be identified, citing policy. The supply figure excludes what’s stored. Saudi Arabia produced about 100,000 barrels a day more than in August, the person said.

  • Google self-driving car: It may never actually happen.

    Published: Thu, Oct 23, 2014

    A good technology demonstration so wows you with what the product can do that you might forget to ask about what it can't. Case in point: Google's self-driving car. There is a surprisingly long list of the things the car can't do, like avoid potholes or operate in heavy rain or snow. Yet a consensus has emerged among many technologists, policymakers, and journalists that Google has essentially solved—or is on the verge of solving—all of the major issues involved with robotic driving. The Economist believes that "the technology seems likely to be ready before all the questions of regulation and liability have been sorted out." The New York Times declared that "autonomous vehicles like the one Google is building will be able to pack roads more efficiently"—up to eight times so. Google co-founder Sergey Brin forecast in 2012 that self-driving cars would be ready in five years, and in May, said he still hoped that his original prediction would come true.

  • Economists Say We Should Tax The Rich At 90 Percent

    Updated: Wed, Oct 22, 2014

    America has been doing income taxes wrong for more than 50 years. All Americans, including the rich, would be better off if top tax rates went back to Eisenhower-era levels when the top federal income tax rate was 91 percent, according to a new working paper by Fabian Kindermann from the University of Bonn and Dirk Krueger from the University of Pennsylvania.

  • Apple Rips To A New All-Time High

    Published: Wed, Oct 22, 2014

    Apple shares are hitting new all-time highs today. As of this writing it's at $103.95, leaping past the previous high of $103.74, according to Bloomberg. There's no specific reason for the shares to be soaring today. If anything, it's a continued reaction to strong earnings on Monday, and a solid overall market for the day.