Top Stories

  • Warren Buffett's wealth soared $37 million a day in 2013

    Published: Thu, Dec 19, 2013

    CNBC reports that Warren Buffett gained more wealth than any other U.S. billionaire, adding $37 million a day, according to one study. Through Dec. 11, Buffett's net worth—at least on paper—shot up by $12.7 billion to $59.1 billion in 2013 from $46.4 billion at the start of the year, according to Wealth-X, the wealth research firm. That works out to a paper gain of $1.5 million an hour.

  • If you're a Bitcoin proponent, you might want to ignore this

    Published: Wed, Dec 18, 2013

    The price of bitcoin has plummeted following an announcement from China's largest bitcoin exchange that it would no longer be accepting new yuan deposits. BTC China said that due to action by a third-party payment provider, YeePay, it could no longer accept deposits in the Chinese currency, although it would still be able to process withdrawals. BTC's chief executive, Bobby Lee, said that YeePay gave notice on Wednesday morning Shanghai time that it would no longer provide services.

  • What are the 12 fastest-growing, highest-paying jobs in 2014?

    Published: Fri, Dec 13, 2013

    What are the hottest jobs in 2014 based on growth and salary, asks Business Insider? CareerBuilder teamed up with Economic Modeling Specialists Intl. (EMSI) to identify the occupations that grew by at least 7% from 2010 to 2013, are projected to grow in 2014, and pay at least $22 per hour.

  • Fast-food workers aren't going to like hearing this

    Published: Tue, Dec 10, 2013

    The chief executives of McDonald's and Starbucks earn more than $9,200 an hour, which is at least 1,000 times the hourly wages of their sales associates, according to a new report by the personal finance website NerdWallet. The report highlights fast food and retail companies with some of the biggest gaps between CEO pay and hourly wages paid to associates. Business Insider reports McDonald's, Starbucks and Dollar General top the list, followed by Gap, TJ Maxx, Target, Wal-Mart, CVS Caremark, Best Buy and AT&T Wireless.

  • Man banned from Walmart for life

    Published: Tue, Dec 10, 2013

    QUEEN CREEK, AZ - A Valley man says he has found out the hard way just how to get banned from Walmart for life. Joe Cantrell loves to ad match. He goes through circulars to find the biggest discounts, and then goes to Walmart.

  • Mary Barra breaks Detroit's glass ceiling to become GM's first female CEO

    Published: Tue, Dec 10, 2013

    A day after the end of U.S. government ownership of General Motors, the automaker named Mary Barra on Tuesday as its new chief executive officer, to succeed current chairman and CEO, Dan Akerson next month, reports NBC News. Barra is currently executive vice president of global product development and has worked at GM for three decades. She will be the auto maker's first female CEO -- a considerable feat in the male dominated auto industry.

  • It takes a McDonald's worker 4 months to earn what its CEO earns in an hour

    Published: Tue, Dec 10, 2013

    A McDonald's employee working overtime for nearly four months straight would make as much as the company's former CEO earned in just 60 minutes, according to an analysis published Tuesday reports the Huffington Post. The analysis, compiled by the financial information company NerdWallet, assumes the average salary of a McDonald's hourly worker is $7.73, based on information from self-reported salary site By comparison, former McDonald's CEO James Skinner raked in $9,247 for an hour of his precious time last year, according to NerdWallet.

  • Apple launching iBeacons to guide store visitors

    Published: Fri, Dec 6, 2013

    Apple is launching location-based iBeacons at its 254 stores in the U.S. to serve as guides once activated using the Apple Store app, according to USA TODAY. According to the Associated Press, the iBeacon works with Bluetooth to share alerts while walking through an Apple store. A user could pull up a recent order that employees can complete, or queries about whether you want to upgrade your device. The iBeacon runs through Bluetooth, and is available on any iPhone, iPad or iPod Touch running iOS 7 or later. Users must have the Apple Store app installed to receive in-store notifications.

  • Ford unveils sixth-generation Mustang for 50th anniversary

    Published: Thu, Dec 5, 2013

    Ford Motor Co. unveiled the sixth generation of its Mustang on Wednesday night, nearly 50 years after the original debuted at the New York World’s Fair, the Los Angeles Times reports. The automaker released photos of the 2015 Mustang and planned to show it off in a global reveal at events in Los Angeles; New York; Dearborn, Mich.; Barcelona, Spain; Shanghai; and Sidney, Australia, on Thursday. The new version of the iconic American sports coupe will go on sale late next year.

  • Newsweek to bring print edition back

    Published: Wed, Dec 4, 2013

    Newsweek's new owners think they can succeed at something its previous owners failed at: printing a weekly magazine in the United States, reports CNN Money. IBT Media, the obscure media company that bought Newsweek in August, said Tuesday that it intends to revive the magazine's print edition early next year, possibly as soon as January. The announcement is a remarkable twist in Newsweek's evolution, coming less than a year after its previous owner, IAC, stopped printing the magazine.

  • T. Boone Pickens engaged to marry Toni Brinker

    FROM STAFF REPORTS | Updated: Tue, Dec 3, 2013

    In matters of business, T. Boone Pickens is often ahead of his time. In romance, he is an old-school kind of guy—a marrying man.

  • Meet the billionaire behind America's 'great renaissance of oil,' and he's from Oklahoma!

    Published: Fri, Nov 29, 2013

    In the history of oil, this fall is a tipping point, the moment America gurgles past Saudi Arabia and Russia to become the world’s petroleum king, NBC reports. The man most responsible is Harold Hamm, 67, a drawling, blue-eyed billionaire, a sharecropper’s son who grew to be the richest energy mogul in America. He was the first to profitably “frack” North Dakota oil wells, leading a revolution in the way the nation coaxes energy from the earth and draining momentum from the search for cleaner fuel sources.

  • Pizza Hut offers fired manager his job back after Thanksgiving battle

    Published: Thu, Nov 28, 2013

    The Pizza Hut general manager who was fired this month because of his unwillingness to force employees to work on Thanksgiving will be offered his job back, the company told The Huffington Post Thursday. The decision to dismiss the general manager, Tony Rohr, from his job at the company’s location in Elkhart, Ind., quickly sparked online outcry, as people rallied behind Rohr and announced plans to avoid the chain in the future.

  • News 9: Company investigates racy photo taken in OKC delivery truck

    Published: Tue, Nov 26, 2013

    A UPS spokesperson said the company is outraged after a photo surfaced revealing one of its metro drivers had a sexual encounter in the back of a delivery truck, reports News 9. The picture showed a bare-chested woman in a UPS shirt and it was posted last week on a personal website by an Oklahoma City area woman who ...

  • Apache Corp. fracking without fresh water in west Texas

    Published: Thu, Nov 21, 2013

    At a dusty Texas oilfield, Apache Corp. has eliminated its reliance on what arguably could be the biggest long-term constraint for fracking wells in the arid western United States: scarce fresh water, Reuters reports. For only one well, millions of gallons of water are used for hydraulic fracturing, or fracking, the process that has helped reduce U.S. reliance on foreign oil over the past five years by cracking rock deep underground to release oil and gas. In Irion County, where Apache is drilling dozens of Wolfcamp shale wells in the Permian Basin, the company is meeting its water needs for hydraulic fracturing by using brackish water from the Santa Rosa aquifer and recycling water from wells and fracking using chemicals.

  • 9 products NOT to buy on Black Friday

    Published: Thu, Nov 21, 2013

    With consumers expecting to spend less, and Thanksgiving falling especially late in the year, competition between retailers will be especially intense this holiday season, says Yahoo! Finance. But even with the sheer number of deals being offered for Black Friday, consumers can still make bad shopping decisions. Consulting with several groups that compile Black Friday deals, 24/7 Wall St. reviewed some of the worst purchases to make on Black Friday.

  • TransCanada boosts Keystone XL cost estimate by $100 million

    Published: Tue, Nov 19, 2013

    TransCanada Corp. raised its preliminary cost estimate for the controversial Keystone XL oil pipeline on Tuesday, saying it now expects the project to cost at least $5.4 billion, $100 million more than its prior forecast, Reuters reported. The company said it still expects the 830,000 barrel per day line to be in service within two years of receiving final U.S. approvals for the project.

  • Forget Black Friday; deals are already here

    Published: Tue, Nov 19, 2013

    Forget Black Friday. Or Black Thursday. Several retailers are already touting pre-Thanksgiving deals this week, according to USA TODAY. Crunched by a shortened holiday calendar that leaves just four weeks between Thanksgiving and Christmas, USA TODAY reports stores are pushing holiday deals earlier than ever. Amazon, Wal-Mart, and appliance and electronics retailer h.h. gregg have pre-Black Friday sales going on now. Target, Disney stores, Kmart and Sears are among retailers advertising deals that start this weekend.

  • Canton, Ohio Walmart requests employees to help provide Thanksgiving dinner for co-workers

    Published: Mon, Nov 18, 2013

    The Plain Dealer in Cleveland, Ohio reports that a Thanksgiving food drive for workers at a Walmart store in nearby Canton is stirring debate about whether collecting food is a nice gesture, or proof that Walmart doesn't pay its workers enough. A spokesman for Walmart said the Canton food drive was decided at the store level. An employee of the store, who didn't want to use her name for fear of being fired, said the gesture was proof the company acknowledged that many of its employees were struggling but also that Walmart was not willing to substantively address their plight.

  • Jean-Claude Van Damme's epic split stunt goes viral

    Updated: Fri, Nov 15, 2013

    "Epic" is the word being used to describe a new Jean-Claude Van Damme video, according to USA TODAY. "Mind-blowing" is another. The action star does the splits between two Volvo trucks in a new ad that went up on YouTube on Wednesday and already has been viewed more than 6 million times, USA TODAY reports.