Source: Business and financial news - CNNMoney.com


 

Next task: Fix Social Security
Business and financial news - CNNMoney.com 2010-05-12

Reforming Social Security is still a hot-button issue. But relative to other measures needed to stabilize U.S. debt, it should be a snap. ...


A volatile day for stocks
Business and financial news - CNNMoney.com 2010-05-12

Stocks seesawed Tuesday, losing steam late in a volatile session, as investors welcomed Europe's $1 trillion aid package, but showed caution amid the recent market turmoil. ...


Gold soars to record high
Business and financial news - CNNMoney.com 2010-05-12

Gold settled at its all-time high Tuesday, after building upward momentum since last week's stock market "flash crash." ...


Disney's earnings rise, thanks to Alice
Business and financial news - CNNMoney.com 2010-05-12

Walt Disney Co.'s profit and revenue surpassed analysts' expectations Tuesday, as the media giant's TV networks and movie studios outperformed its theme parks. ...


'No smoking gun' in flash crash
Business and financial news - CNNMoney.com 2010-05-12

Last week's brief-but-historic stock market plunge was triggered by a combination of unusual factors, but its ultimate cause remains a mystery, executives from the nation's leading stock exchanges and market regulators told Congress on Tuesday. ...


FCC wants to prevent surprise cell bills
Business and financial news - CNNMoney.com 2010-05-12

If federal regulators get their way, you may soon be warned before you receive another unexpectedly high bill from your cell phone company. ...


BP's murky deep-water future
Business and financial news - CNNMoney.com 2010-05-12

Not only did the virtually impossible happen -- a blowout on the Gulf of Mexico seabed a mile down -- it happened to a top-notch oil team. BP's debacle is the U.S. oil industry's most serious setback, undercutting nearly 60 years of incremental progress i ...


Playing the oil spill blame game
Business and financial news - CNNMoney.com 2010-05-12

The three oil companies primarily involved in the Gulf of Mexico oil spill blamed each other Tuesday for the accident last month that left 11 workers dead and oil still spewing into the Gulf. ...


The euro ate my profits - The Buzz
Business and financial news - CNNMoney.com 2010-05-12

The euro's plunge against the dollar this year may be bad news for big American companies. And that may not be priced into the market just yet. ...


Axed dealer tally: Chrysler 3, dealers 1
Business and financial news - CNNMoney.com 2010-05-12

One Chrysler dealership has taken the Detroit giant to the mat and won. But right now, the record doesn't look good for terminated franchises: Of the four Chrysler dealerships that have completed their arbitration proceedings, three lost. ...


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