Business
Near-Record Wheat Crop Should Lower Prices
B.T. Ballenger on March 21, 2013
As wheat and corn crops recover from the worst drought since the 1930s, our wallets should too.
Freddie Mac Sues Big Banks Over Rate Rigging
B.T. Ballenger on March 22, 2013
Remember the LIBOR scandal? So does mortgage giant Freddie Mac, and it wants banks to pay.
Monster Beverage No Longer Has to Report Deaths to Government
B.T. Ballenger on March 22, 2013
A simple category switch from dietary supplement to beverage means the company doesn’t have to disclose reports potentially linking Monster Energy to deaths or injuries.
In Massachusetts, Stores Can’t Ask For Your Zip Code
B.T. Ballenger on March 21, 2013
The State Supreme Court ruled a craft store broke the law by asking for zip codes at checkout to spam customers.
Stores That Don’t Sell Anything?
B.T. Ballenger on March 19, 2013
At a clothing store called Bonobos you can try things on, but you’ll never walk out with a purchase.
Southern California BBB Sold Good Business Ratings
B.T. Ballenger on March 19, 2013
A chapter of the Better Business Bureau has been kicked to the curb after the national organization discovered it was taking money in exchange for better rankings.
Chinese Firm Investing Big In U.S. Natural Gas
B.T. Ballenger on March 15, 2013
ENN Group is muscling into the American energy market with $50 million for trucker gas stations this year. It already has a big investment in solar, too.
Expert: The Economy Is Picking Up Steam
B.T. Ballenger on March 14, 2013
JP Morgan chief U.S. economist Michael Feroli says the second half of 2013 should bring more economic momentum.
Wind Energy is Blowing Away Nuclear
B.T. Ballenger on May 6, 2013
The nuclear industry provides 19 percent of American electricity. Wind provides just 3.4 percent, but gaining ground is proving to be a breeze.
FDA: Forcing Calorie Counts on Menus Will Take a While Longer
B.T. Ballenger on March 14, 2013
The government agency says creating a new menu-labeling law “has gotten extremely thorny.” Grocery and convenience stores are the thorns.
Despite Job Cuts and Losses, Bankers Are Paying Themselves More
B.T. Ballenger on March 13, 2013
A new report says despite 93,000 job cuts, top banks spent billions more on their people last year.
Return of the Twinkie
B.T. Ballenger on March 13, 2013
Everyone’s favorite creamy sponge cake will return to shelves soon.
Google Glass Already Being Banned In Some Places
B.T. Ballenger on March 12, 2013
The tech company’s eye-catching eyewear isn’t even for sale yet, but that isn’t stopping at least one business from rejecting it.
Apple, Google and Microsoft Hoarding More Cash Offshore
B.T. Ballenger on March 8, 2013
In the past two years, the tech companies have more than doubled the amount of cash they’ve tucked away out of Uncle Sam’s reach. Between the three it’s now $134.5 billion.
U.S. Says Only One Major Bank Would Fail in Another Financial Crisis
B.T. Ballenger on March 8, 2013
The Federal Reserve’s latest round of stress tests on the biggest American banks shows they have enough money on hand to weather future crises – all except one that’s been bailed out before.
Google Working on Same-Day Shipping Project
B.T. Ballenger on March 7, 2013
A rumored express service could be cheaper than Amazon Prime and incorporate delivery from popular brick-and-mortar stores.
Debit Card Swipe Fees Have Dropped by 50 Percent
B.T. Ballenger on March 7, 2013
The government says what businesses pay to debit card issuers went down substantially after an amendment to the law kicked in.
Ready for IKEA Hotels?
B.T. Ballenger on March 6, 2013
IKEA and Marriott are teaming up to build budget hotels – in Europe, for now.
Banks Wrongfully Foreclosed on 700 Military Members
B.T. Ballenger on March 6, 2013
Bank of America, Citigroup, JPMorgan Chase and Wells Fargo were all involved. Some people were even wrongly evicted despite being current on payments and out of the country.
Apple is Censoring Email
B.T. Ballenger on March 5, 2013
iCloud email users won’t receive messages with certain words in them – and Apple doesn’t tell anybody when it happens.
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