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Occupy Homes Minnesota: Cruz Family's Cross-Country Bank Appeal Fails

Saki Knafo | March 18, 2013 | Business
The house at 4044 Cedar Ave. in Minneapolis has seen a lot of activity lately. Dozens of Occupy Homes Minnesota activists have camped out in it. Police have smashed through its front door with a battering ram. Just this morning, cops reportedly used a chainsaw to get some protestors down...

ORSOS Floating Island Offers 'Mobility Of Yacht' With 'Comfort Of Mainland Home' (VIDEO)

Ileana Llorens | June 22, 2012 | Travel
One company is giving wealthy consumers the chance to own a private island -- sans the sand, rocks and monumental price tag. But life aboard an ORSOS Island doesn't exactly come cheap, either. The luxury craft alone will set buyers back about $4.6 million, Elite...

Tracy And Karen Vasseur Charged In $1 Million Online Dating Scam

Alicia Ciccone | June 22, 2012 | Money
A mother and daughter have been accused of scamming over $1 million from unsuspecting online daters, Colorado's attorney general announced Tuesday. Tracy Vasseur, 41, and her mother Karen, 73, of Brighton, Colo., allegedly posed as U.S. military members fighting in Afghanistan who claimed they needed money to...

New York MTA Overtime Pay: 20 Employees Make More Than $100,000 On Top Of Salary

Katherine Bindley | June 21, 2012 | Business
The MTA might not be the first place one would think of to fetch a six figure salary, but thanks to overtime pay and an old union rule, at least 20 employees did so last year, according to the New York Post. One such employee, a train car...

Injection Wells May Not Be As Safe As Previously Thought

James Gerken | June 21, 2012 | Green
ProPublica's Abrahm Lustgarten reports: Over the past several decades, U.S. industries have injected more than 30 trillion gallons of toxic liquid deep into the earth, using broad expanses of the nation's geology as an invisible dumping ground. No company would be allowed to pour such dangerous chemicals into...

Moody's Downgrades Global Banks

Mark Gongloff | June 21, 2012 | Business
Moody's just took a hatchet to the credit ratings of the biggest global banks. The rating agency on Thursday cut its rating for banks in the U.S., U.K. and Europe -- 15 in all, including all of the "too big to fail" banks in the U.S. Wall Street had...

SunTrust Banks Hit With Sexual Harassment Lawsuit By EEOC

Christina Wilkie | June 21, 2012 | Business
SunTrust Banks, one of the nation's largest financial services providers, plans to "vigorously defend" itself against a sexual harassment lawsuit brought by a federal agency in a Florida court last week. The suit alleges that a branch manager in Sarasota subjected female employees to "unwelcome, sexually graphic and vulgar sexual...

Google CEO Larry Page Loses Voice, Skips Shareholder Meeting

Catharine Smith | August 21, 2012 | Technology
SAN FRANCISCO (Reuters) - Google Inc Chief Executive Larry Page sat out his company's annual shareholders' meeting on Thursday, missing only the second gathering of investors since he took the helm. Google Executive Chairman Eric Schmidt told shareholders at the company's Mountain View headquarters that Page, who replaced Schmidt as...

Greece Sells Assets, Including Island Resorts, Planes, Highways, Buildings To Pay Down Debt

James Sunshine | June 21, 2012 | Business
When governments announce that the sale of assets, they usually mean industries and companies owned and operated by the state. Greece has something slightly different in mind. According to Bloomberg, Greece is preparing to sell its ownership stake in Astir Palace, described by the news agency as an...

Ronald Weinland, Doomsday Prophet, Found Guilty Of Tax Evasion

Emily Cohn | June 22, 2012 | Money
If you thought the end of the world was near, would you pay your taxes? For Ronald Weinland, 63, the answer was no. Weinland -- who runs a church from his home in Cincinnati, Ohio, and delivers sermons via the Internet -- warned his followers that the world was going...

Grover Norquist, House Republicans Hold Private Meeting

Nick Wing | August 21, 2012 | Politics
WASHINGTON — All but 13 of the 289 Republicans in the House and Senate have signed a pledge vowing to oppose tax increases. On Thursday, the author of that pledge met with some of them to help them understand exactly what it is they signed. In the process, anti-tax activist...

Merrill Lynch Fined For Overcharging Customers

Emily Cohn | June 22, 2012 | Money
NEW YORK -- A financial regulator has fined Merrill Lynch $2.8 million for overcharging customers with fees and for failing to provide timely trade confirmations. The Financial Industry Regulatory Authority said Thursday that it fined Merrill Lynch, Pierce, Fenner & Smith after it found the broker overcharged nearly 95,000 customer...

12 Cities Where Buying A House Is Cheaper Than Renting

Bonnie Kavoussi | June 21, 2012 | Money
If you want to save money on rent, you may want to buy a house. Purchasing a home is far cheaper than renting in 12 U.S. cities, according to Business Insider's analysis of a recent report by HotPads, a real estate search engine. Business Insider ranked the 12...

Fab.com's Vibrators Are The Site's Biggest-Seller

Drew Guarini | June 22, 2012 | Small Business
Fab.com is only a year old, but the gay social network turned flash sale site already has 5 million users who have purchased 1.8 million items for a current sales rate of 2.6 sales per minute. But among the many eclectic, curated items that...

Moody's Downgrades World's Largest Banks

Jillian Berman | June 21, 2012 | Business
Moody's Investors Service is poised to announce a number of ratings downgrades on some of the world's largest banks as early as Thursday evening, according to people familiar with the matter.

Rhode Island Bans Gestation Crates For Pigs And Calves

Rachel Tepper | June 23, 2012 | Food
Rhode Island lawmakers have enacted legislation making illegal the extreme confinement of breeding pigs and veal calfs in small crates -- in other words, gestation crates. The move also prohibits cattle tail docking, which is the partial amputation of a cow's tail. The Humane Society's CEO Wayne Pacelle

Paul Krugman: Solving Europe's Crisis 'Is Not Going To Be About Punishing The Guilty'

Bonnie Kavoussi | June 21, 2012 | Business
Paul Krugman says that European leaders need to forget about exacting punishment and get around to actually addressing the crisis in Europe. "This is not a morality play. You have to find answers," Krugman, the Nobel Prize-winning Princeton economics professor and New York Times columnist, said in a...

Morgan Stanley Staffers: CNBC To Blame For Facebook IPO Mess

Jillian Berman | June 21, 2012 | Business
Just deal with the Facebook IPO blame game, because it's never going to end. Morgan Stanley staffers are reportedly blaming CNBC for overhyping the stock before its debut, the New York Daily News reports, citing a “Wall Street insider.” Pointing to stunts such as Mark Zuckerberg’s grand entrances...

Greenpeace Arctic Campaign: Celebrities Call For A Drill-Free North Pole Sanctuary

Jessica Leader | August 21, 2012 | Green
RIO DE JANEIRO (AP) — Hollywood heavyweights threw their star power behind environmental causes on Thursday, advocating for the creation of an Arctic reserve and the protection of animal and plant species. Actor Edward Norton, the United Nations goodwill ambassador for biodiversity, appeared at a news conference at the U.N.'s...

U.S. Stocks See Second-Biggest Drop Of The Year

Reuters | August 21, 2012 | Business
NEW YORK — Relentlessly gloomy reports about the health of the world economy rocked Wall Street on Thursday, stirring more worry about the stalled recovery and sending the stock market to its second-worst decline this year. The bad economic reports kept piling up: Manufacturing slumped in China. A closely watched...
All posts from 04.30.2013 < 04.29.2013