Business

Business
3:45 pm
Thu November 28, 2013

Retailers Hope 'Gray Thursday' Boosts Bottom Line

K-Mart was one of the chains deciding to open early this Thanksgiving Day.
Jan Somma-Hammel Staten Island Advance /Landov

Originally published on Fri November 29, 2013 2:06 am

You are not imagining it, the unofficial start of the holiday shopping season starts earlier and earlier. Black Friday has been around for decades — that's the point where retailers hope to begin to make a profit.

Shoppers looking to get a jump on deals can shop on Gray Thursday – think Black Friday intruding into Thanksgiving Day.

This Turkey Day, many national chains will open their doors early in an effort to boost sales. K-Mart opened at 6 a.m.

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Business
1:59 pm
Tue November 26, 2013

Book News: Secret Video Documents Conditions In Amazon Warehouse

A worker at the Amazon fulfillment center in Swansea, Wales, processes orders in 2011.
Matt Cardy Getty Images

Originally published on Tue November 26, 2013 8:58 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
9:18 am
Tue November 26, 2013

Home Prices Rise Again; Consumer Confidence Dips

Housing has been one of the economy's bright spots.
Steven Senne AP

Originally published on Tue November 26, 2013 10:07 am

While home prices rose in major cities across the nation during the third quarter, data suggest that the housing market is beginning to shift to a slower rate of growth, according to the economists who put together the latest S&P/Case-Shiller Home Price Indices report.

Their statistics show prices rose 3.2 percent in the quarter and were up 11.2 percent from a year earlier.

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Business
5:52 pm
Sun November 24, 2013

Reviving Las Vegas With Less Sin, More City

Originally published on Mon November 25, 2013 7:38 am

In Nevada, there is no income tax. And if you've ever been to Las Vegas then you know why — they don't need one.

More than 30 million tourists a year stumble down the Las Vegas Strip, and many of those tourists come to gamble, leaving behind a ridiculous amount of money. For decades, business boomed.

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November 2013
5:17 pm
Thu November 21, 2013

Ready For IRS Tax Season?

Chornyak Assoc.

It's time to start thinking about taxes again!  Here at Chornyak & Associates we have a highly qualified tax-planning department, headed by Adam Smetzer, CPA, prepared to serve you.  In the video for this month, Adam tells you about himself and his interests.

Business
6:14 pm
Sun November 17, 2013

Is The Internet Domain Land Rush A Land Rush At All?

Internet Corporation for Assigned Names and Numbers, ICANN, president and chief executive Rod Beckstrom, speaks on expanding the number of domain name suffixes during a press conference in London in 2012.
Tim Hales AP

Originally published on Sun November 17, 2013 7:07 pm

There's a land rush going on right now. At least that's how everyone seems to be describing the opening up of vast amounts of Internet real estate with so-called top-level domains.

Pretty soon, there's going to be a lot more than .coms out there, and a lot of big companies and a few upstarts are bidding huge amounts to get the new Internet addresses.

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Business
4:29 pm
Mon November 11, 2013

$18 Billion Of Unclaimed Cash, In 1 Graph

Quoctrung Bui

Originally published on Mon November 11, 2013 4:00 pm

The federal government is sitting on $18 billion in unclaimed money — money that's owed to ordinary people and businesses who never swung by to pick it up. This is a tiny fraction of the federal budget. But it's still, you know, a lot of money.

A few notes on some of the key agencies:

Treasury

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Business
8:41 am
Thu November 7, 2013

At First Glance, Economy Grew More Than Expected In 3Q

Looking for work: The scene at a job fair in Emeryville, Calif., last month.
Justin Sullivan Getty Images

Originally published on Thu November 7, 2013 10:37 am

This post was updated at 8:40 a.m. ET

The U.S. economy grew at a better-than-expected 2.8 percent annual rate in the third quarter, the Bureau of Economic Analysis reported Thursday morning.

That's a bit faster than the 2.5 percent pace of the second quarter. According to the BEA, consumer spending, inventory investment and exports helped fuel slightly stronger growth.

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Business
11:35 am
Wed October 30, 2013

Book News: Amazon's Kindle MatchBook Is Out — Will Publishers Opt In?

Amazon CEO Jeff Bezos unveils new Kindle reading devices during a 2012 news conference.
David McNew Getty Images

Originally published on Wed October 30, 2013 10:25 am

The daily lowdown on books, publishing, and the occasional author behaving badly.

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Business
11:34 am
Wed October 30, 2013

Tale Of The Tape: Comparing The Budget Committee Heads

Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., differ in style and ideology but show signs of having a good working relationship.
Win McNamee Getty Images

Originally published on Wed October 30, 2013 2:17 pm

Two wily veterans of Congress' fiscal wars will lead the budget talks scheduled to start Wednesday: Rep. Paul Ryan, R-Wis., and Sen. Patty Murray, D-Wash., the heads of the House and Senate budget committees.

As the 29 lawmakers on the budget conference committee — 22 from the Senate and seven from the House — sit down to begin negotiations, they'll have in Ryan and Murray two lawmakers who from most accounts get along well despite their many differences.

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Business
8:45 am
Wed October 30, 2013

Job Growth Slowed Further In October, Survey Signals

Looking for work: The scene at a job fair earlier this month in Emeryville, Calif.
Justin Sullivan Getty Images

Originally published on Wed October 30, 2013 11:21 am

Only a relatively low 130,000 jobs were added to private employers' payrolls in October and the labor market in September was even weaker than first thought, according to the latest data from the ADP National Employment Report.

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Business
2:25 pm
Tue October 29, 2013

3 Charts (And A Few Words) On The Rise Of Electric Bikes

Electric bikes made by French company Moustache are displayed during the Cycle Show 2013 in Paris last month.
Charles Platiau Reuters /Landov

Originally published on Tue October 29, 2013 4:49 pm

We told you last week about how bicycles are outselling new cars in almost every European country.

When we delved a little deeper into the numbers, we found that while bicycle sales remained steady in a six-year period that began in 2006 (the top chart), sales of electric bikes exploded (the second chart).

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Business
1:57 pm
Tue October 29, 2013

A Japanese iPhone Gadget Teases The Tummy With Food Smells

Simply plug the Scentee device into your iPhone jack and let the scent of grilled meat waft your way.
YouTube

Originally published on Tue October 29, 2013 3:35 pm

Have you ever wished that your iPhone could bring you the smell of coffee, curry or steak?

No? Well, there's a gadget for that.

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Business
11:53 am
Tue October 29, 2013

Top Reviewers On Amazon Get Tons Of Free Stuff

What's this?
Amazon

Originally published on Tue March 18, 2014 3:41 pm

You're on Amazon.com. You're buying, say, a toaster, and you're checking out the customer reviews. You assume the people writing these reviews are people like you — people who wanted a toaster, went online and bought one. As it turns out, a lot of reviews on Amazon are written by people who are nothing like you. They're written by elite reviewers who are sent free merchandise to review products. In other words, it's possible that the guy reviewing that toaster you're looking at wasn't in the market for a toaster to begin with and didn't pay a cent for it.

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Business
10:15 am
Tue October 29, 2013

Consumer Confidence Fell Sharply This Month; Shutdown Blamed

A "For Sale" sign outside a home in the Wicker Park neighborhood of Chicago on Monday.
Scott Olson Getty Images

The 16-day partial shutdown of the federal government and the wrangling in Washington over the nation's finances combined to shake consumers' confidence sharply in October, the private Conference Board reported Tuesday morning.

Its widely watched consumer confidence index dropped to 71.2 from 80.2 in September.

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Business
8:57 am
Tue October 29, 2013

Tuesday Political Mix: Obamacare Official In The Batter's Box

Health and Human Services Secretary Kathleen Sebelius, (who we're sure was not intentionally making the "choke" sign) and Marilyn Tavenner, head of the HHS agency that oversaw the Obamacare website project.
Manuel Balce Ceneta AP

Originally published on Tue October 29, 2013 9:39 am

Good Tuesday morning, fellow political junkies.

As you go through your day, keep this in mind: at least you're not Marilyn Tavenner. When critics of the Obama administration's botched launch of the Affordable Care Act call for heads to metaphorically roll, Tavenner, the top official of the Health and Human Services agency that oversaw the ill-fated website project, is high on that list.

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Business
2:55 am
Tue October 29, 2013

Etsy's New Policy Means Some Items Are 'Handmade In Spirit'

Rae Padulo creates handmade ceramics, like these holiday ornaments, for her Etsy-based company, mudstar ceramics. She's disappointed with the site's new policy to allow outsourced manufacturing. "There's nothing wrong with factory-made," she says, but "that's not what Etsy started out to be."
Courtesy of Rae Padulo

Originally published on Wed October 30, 2013 7:49 am

Under online marketplace Etsy's new policies, vendors can now use an outside manufacturer to help make their goods.

That is not going down well with some longtime sellers, who are calling the new policies a turnaround from the site's original mission.

"Their moniker is, you know, a place to buy handmade. It doesn't say a place to buy factory-made," says Rae Padulo, a potter who began selling dishes and ornaments on Etsy in 2009.

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Business
1:26 pm
Fri October 25, 2013

San Francisco Kitchen Lends Low-Income Food Entrepreneurs A Hand

Two employees of Alicia's Tamales los Mayas prepare tamales in the La Cocina industrial kitchen. Alicia Villanueva, the owner, and her team produce 3,000 to 5,000 tamales every week to sell in the Bay Area.
Courtesy of La Cocina

Originally published on Tue November 5, 2013 11:32 am

San Francisco's Mission District is a cultural crossroads for food, where Mexican bodegas and burrito shops meet gourmet bakeries and cutting-edge California cuisine. It's also home to a kitchen where some of the most promising food startups in the region are getting a boost.

When 52-year-old Alicia Villanueva migrated to San Francisco from Mexico in 2001, she began preparing tamales at home to make a living. She found clientele for her authentic, quality food easily, but says that she struggled to grow the business.

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Business
8:38 am
Tue October 22, 2013

Charity Watchdog Shakes Up Ratings To Focus On Results

Dennis Chestnut stands next to a stretch of the Anacostia River in Washington, D.C., on Oct. 2. Chestnut, who has been working to clean up the Anacostia for decades, says it can take a long time for a nonprofit to see an end result.
Abbey Oldham NPR

Originally published on Tue October 22, 2013 10:29 am

There's one area of the economy that's growing faster than business or government.

According to the Urban Institute, in the 10 years between 2001 and 2011, the number of nonprofits increased 25 percent. But most of them aren't very good at measuring their effectiveness — at least, that's the conclusion of the nonprofit watchdog Charity Navigator, which rates thousands of nonprofits to help donors make decisions on their giving.

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Business
1:07 pm
Tue October 8, 2013

All About The Benjamins: U.S. Introduces New $100 Note

A sheet of uncut $100 bills as they make their way through the printing process at the Bureau of Engraving and Printing Western Currency Facility in Fort Worth, Texas.
LM Otero AP

Originally published on Tue October 8, 2013 9:52 am

After production problems and delays, the Federal Reserve will finally circulate a new $100 bill on Tuesday. The aim of the redesigned bank note is to make it harder to fake: For example, when you tilt the note, the bells and numbers inside a 3-D security stripe will move, and a bell hidden inside the gold inkwell will change color.

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