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Business :: Saving

Small Business Divided Over Minimum Wage Votes

SAVING | By Joyce M. Rosenberg | Thursday Oct 30, 2014
Some small business owners say raising the minimum wage will pressure their companies, forcing them to cut employees' hours or jobs. Others say it's the right thing to do for workers and the economy.

Apple CEO Tim Cook Says Apple Pay a Success

SAVING | By Brandon Bailey | Oct 30
Apple CEO Tim Cook said Apple's new mobile payment system had over 1 million activations in the first three days after it became available, and is now more widely used than any competing payment system.

Apple Pay Q&A: What You Need to Know

SAVING | By Anick Jesdanun | Oct 21
Apple's mobile payment system, Apple Pay, made its debut Monday. Now you can flash your new iPhone in the checkout line to pay for food, clothing and other goods. There's no need to pull out your credit card.

IBM 3Q Disappoints as it Sheds 'Empty Calories'

SAVING | By Michelle Chapman | Oct 21
IBM disappointed investors, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile services. Shares fell more than 7 percent.

US Retail Sales Fell in September on Autos and Gas

SAVING | By Josh Boak | Oct 20
U.S. retail sales retreated in September as purchases of autos, gasoline, furniture and clothing slowed, a sign that recent job gains have yet to significantly boost consumer spending.

Consumer Borrowing up $13.5 Billion in August

SAVING | By Martin Crutsinger | Oct 10
U.S. consumers increased their borrowing in August in the category that covers auto loans and student loans but cut back on their credit card borrowing.

US Predicts Lower Heating Bills this Winter

SAVING | By Jonathan Fahey | Oct 9
It probably won't cost as much to stay warm this winter because a repeat of the deep freeze that kept much of the nation shivering last winter is so unlikely.

GM Looks to New Vehicles, China to Boost Profit

SAVING | By Tom Krisher | Oct 6
General Motors CEO Mary Barra told investors that GM plans a raft of new models and a big push to sell more cars in China to drive profits in coming years, trying to shift the spotlight from a mishandled recall of older small cars.

Pay by Phone or Just Keep Using Plastic?

SAVING | By Anick Jesdanun | Oct 3
PayPal, Apple and others are betting on billions in mobile payments. But so far, trying to use my phone to pay at restaurants and retailers has been frustrating.

Why the Bond Market is More Fragile Than You Think

SAVING | By Bernard Condon | Oct 2
Main Street investors have poured a trillion dollars into bonds since the financial crisis, and helped send prices soaring. As fund managers and regulators fret about an inevitable sell-off, the bigger fear is there won't be anyone to buy.

New York Times Cutting 100 Jobs, NYT Opinion App

SAVING | Oct 2
The New York Times Co. is launching another round of buyouts and layoffs, telling staff on Wednesday that it must cut 100 newsroom jobs to further reduce costs and focus resources on its digital operations.