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Archive for December 2011

Dec/11

31

Down-and-out to top of the heap

Need some inspiration for the New Year? These entrepreneurs overcame incredible odds to create and run successful businesses.
Business and financial news – CNNMoney.com

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Dec/11

31

College football gets richer

Penn State likely will be playing before more empty seats than full ones when it takes the field for its bowl game on Monday — just one sign of tougher financial times ahead for one of the nation’s richest teams.
Business and financial news – CNNMoney.com

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Don’t expect the economic problems dogging Europe to be solved any time soon. Economists sure don’t.
Business and financial news – CNNMoney.com

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Dec/11

31

The year of annoying fees

Angry Verizon Wireless customers took to chat forums and social networks on Thursday after the company said it would begin to charge customers for making one-time bill payments online or by phone using a credit card.
Business and financial news – CNNMoney.com

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Dec/11

31

Verizon scraps $2 fee

Well, that didn’t take long. Verizon said Friday that it was scrapping a controversial fee for one-time bill payments announced just a day earlier. The announcement had immediately sparked an uproar online from customers irate about the prospect of incurring further fees simply by paying existing ones. “At Verizon, we take great care to listen to our customers. Based on their input, we believe the best path forward is to encourage customers to take advantage of the best and most efficient options, eliminating the need to institute the fee at this time,” Verizon CEO Dan Mead said in a statement. The so-called “convenience charge” was to have gone into effect Jan. 15. It would have applied to customers who make one-time bill payments using debit or credit cards, either online or by telephone, though the company planned to continue offering a variety of other free payment methods. Earlier Friday, the Federal Communications Commission said it was “concerned about Verizon’s actions” regarding the proposed new fee and was “looking into the matter.”
Business and financial news – CNNMoney.com

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Dec/11

30

ROCKY YEAR ENDS FLAT

It’s been one of the most volatile year in the stock market in recent memory, but you wouldn’t know it by looking at the S&P 500.
Business and financial news – CNNMoney.com

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Dec/11

30

WINNERS AND LOSERS

When investors look at the change in McDonald’s share price last year, they can think only one thing: “I’m lovin’ it”
Business and financial news – CNNMoney.com

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Dec/11

30

CEOs, WATCH YOUR BACK!

A word of warning to public company CEOs: Watch your back and your competitors.
Business and financial news – CNNMoney.com

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Dec/11

30

Is Verizon still ‘most reliable?’

Verizon Wireless’ 4G network suffered its third nationwide outage in as many weeks on Wednesday, calling into question whether Verizon can continue to live up to its branding as “America’s most reliable network.”
Business and financial news – CNNMoney.com

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Dec/11

30

Dow up 130 points, S&P back in black

U.S. stocks rose Thursday in a thinly traded session as investors focused on signs of strength in the economy before calling it a year.
Business and financial news – CNNMoney.com

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