Just in time for Halloween, chocolate prices are expected to hit record highs.
BlackBerry Agrees to Go Private in $4.7 Billion Deal
BlackBerry, the once dominant smartphone maker, announced Monday that it will be sold to its largest shareholder, Canadian firm Fairfax Financial, in a deal worth about $4.7 billion.
Shareholders will receive $9 per share, according to the public statement, a slight premium on the stock’s $8.23 price when trading was halted Monday …
Walmart to Hire 55K Workers for the Holidays
The world’s largest retailer will also transition 35,000 part-timer employees to full-time positions
The Global Economy Has Become Heavily Addicted to Bernanke’s Dollars
But since the Fed will inevitably scale back, sooner or later the world is going to have to think about quitting the habit
7 Signs That the Craft-Beer Craze Has Gone Totally Mainstream
From Hollywood to Costco to your state senator, everyone seems to want to be associated with craft beer lately. Here are a few indications that craft beer can no longer be classified as a niche category with limited appeal to the masses.
Chase's $309 Million Refund Won't Change a Thing
The Consumer Financial Protection Bureau ordered Chase and JPMorgan Chase to refund $309 million in charges to more than 2.1 million people and pay a $20 million fine for illegal credit-card practices. And yet, that may not change much.
Don’t Be Afraid to Share: Ridesharing Companies Lyft, Sidecar, UberX Get Official OK in California
It’s often been difficult for “sharing economy” participants to confirm what they’re doing is legal. But now we have a little clarity—at least in terms of the sharing of car rides, at least in California.
Guess Who’s Getting Some Pretty Awful Reviews: User Review Sites
The trustworthiness of Yelp, Angie’s List, and other “unbiased” ratings services is called into question in a new study by Consumer Reports. And the consumer advocacy publication is hardly the only one taking issue with …
The Country Soaring Past America in Teaching Kids About Money
British lawmakers voted early this year to make personal finance a mandatory part of going to school. Now they have set the agenda for fall 2014, which the U.S. is watching
Retirees Are Living Longer, Creating a New Star Financial Product
With guaranteed income emerging as the great retirement issue of our long-lived days, a once-ignored annuity gains traction.
Blackberry to Layoff 4,500 Amid Massive Losses
Blackberry announced Friday afternoon that it will cut 4,500 jobs in the face of nearly $1 billion in expected losses, the latest indicator of the smartphone company’s decline amid competition from market leaders like Samsung and Apple.
The company stock plunged more than 20 percent in intraday trading before ticking up.
In a …
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Money Talking: Goodbye Company Health Plans?
Obamacare’s public exchanges for health insurance will open for business on Oct. 1. Individuals will be able to start comparing plans and signing up for health insurance online. But as that watershed moment approaches, new signals of ways private employers may change offering health insurance are coming seemingly everyday. Walgreens, …