Below please find daily updates pertaining to the latest in financial, business, and tax news:
Tips to avoid paying airline baggage fees
Posted: Tue Feb 07 05:00:02 PST 2012Airline baggage fees generate big bucks for carriers ? and big headaches for passengers. But there are ways to get around paying the fees, including signing up for credit cards with baggage-checking benefits or using vacuum-seal bags that allow you to fit more into carry-on luggage. The New York Times has more tips here. ...
Super Bowl most viewed ever
Posted: Tue Feb 07 04:59:05 PST 2012Despite initial reports that its overnight rating was not quite as high as last year's record-holding Super Bowl, Sunday night's game pitting the Giants and the Patriots ended up getting a bigger average viewers number, according to Bleacher Report. This year's game had 111.3 million viewers, compared to 111 million for last year. That makes it the most-watched television program ever. It was ...
Shopping malls suffer, try to find new life
Posted: Tue Feb 07 04:58:56 PST 2012The traditional shopping mall ? once the community center in some cities ? is being forced to reinvent itself or die at the hands of the online consumer, The New York Times reports. As retailers start to close more and more stores, malls are faced with record vacancy rates. Sears Holdings is in the process of closing up to 120 stores, Gap Inc. is shuttering 200 stores and Talbots 110. Abercrom...
Facebook struggles with mobility
Posted: Tue Feb 07 04:58:46 PST 2012Facebook Inc., which filed for a public offering last week, disclosed in its paperwork that although more than half of its 845 million members log into Facebook on a mobile device, the company has not yet found a way to make real money from that use, reports The New York Times. The mobile hurdle is particularly troubling because Facebook is realizing much of its worldwide growth in countries l...
Longmont's Twin Peaks Mall changes hands
Posted: Tue Feb 07 04:58:40 PST 2012NewMark Merrill Mountain States has completed its purchase of Longmont's Twin Peaks Mall, the Longmont Times-Call reports. NewMark Merrill was brought in to manage the property in October 2010. The company wound up as owner after striking a deal to purchase the 650,000-square-foot mall when lender Bank of America began foreclosure proceedings last fall against Twin Peaks' owner. The purchase ...
Feb. 28 opening set for new hospital in Madison
Posted: Tue Feb 07 04:58:14 PST 2012The 60-bed, $70 million Madison Hospital is scheduled to open Feb. 28, after a decade of attempts to bring a hospital to Alabama's fastest-growing city. According to the Huntsville Times, most of the hospital?s patients are expected to come from a 10-mile radius in western portions of Madison County, eastern Limestone and Morgan counties, and southern Tennessee. The hospital will offer most t...
Banks starting to embrace more short sales
Posted: Tue Feb 07 04:56:10 PST 2012Banks are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe, Bloomberg News reported. Lenders have routinely blocked such transactions, known as short sales, in which they accept less from a buyer than the seller?s outstanding loan. But now banks have decided the deals are faster and less costly than foreclosures. Underwater a...
3M may spend $250M on corporate jets
Posted: Tue Feb 07 04:53:42 PST 2012Looking for a used corporate jet? 3M might be willing to sell as it considers spending up to $250 million to upgrade its five-plane fleet. The Telegraph reports that the Maplewood-based manufacturer is shopping for Gulfstream G550s, planes with a range of about 6,750 miles, four living areas and $50 million price tags. The price, coming at a time when 3M is cutting throughout the company, has...
Senator introduces I-70 toll bill
Posted: Tue Feb 07 04:53:28 PST 2012Sen. Mike Kehoe, R-Jefferson City, has filed legislation to allow Interstate 70 to be turned into a toll road, KMOX reports. It would allow the Missouri Department of Transportation to contract a private company to fix I-70 in exchange for being allowed to charge tolls. ...
Wasabi Japanese & Chinese coming to Georgetown
Posted: Tue Feb 07 04:53:02 PST 2012A new Asian food restaurant will soon spice things up in Georgetown. Wasabi Japanese & Chinese, located at 3303 Williams Drive, will serve some Chinese cuisine but plans to focus on serving Japanese items including sushi and hibachi foods. The restaurant, currently in the process of getting its liquor license, did not disclose an opening date. The Community Impact Newspaper has more. ...
Why the Dow Fell Today
Posted: Mon Feb 06 21:46:32 PST 2012A recap of the day's biggest movers. ...
The Best Turnaround Play for Your Portfolio
Posted: Mon Feb 06 19:27:49 PST 2012...
A Safe Apple Spot for Intel
Posted: Mon Feb 06 19:10:40 PST 2012ARM-based MacBook Airs don't look like they're coming. ...
Why Today's Dow Didn't Continue Friday's Rally
Posted: Mon Feb 06 19:01:43 PST 2012Breaking down the market. ...
The Natural Gas Conversion Is Accelerating
Posted: Mon Feb 06 18:55:07 PST 2012A slew of announcements show that the revolution has begun. ...
Will Headwinds Sink This Tech Titan?
Posted: Mon Feb 06 18:57:54 PST 2012...
Turnaround Smackdown: Coffee vs. Autos
Posted: Mon Feb 06 18:28:04 PST 2012...
Apple Crushes Another Record on the Path to World Domination
Posted: Mon Feb 06 19:05:01 PST 2012Reaching yet another milestone, the company from Cupertino continues to bulldoze all opposition in its path. ...
FedEx Feeling the Tailwinds
Posted: Mon Feb 06 18:10:02 PST 2012FedEx Feeling the Tailwinds ...
Another Boeing Loyalist Brightens the Skyline
Posted: Mon Feb 06 19:12:06 PST 2012Boeing bags a $30 billion deal from Saudi Arabia. ...