Tag: business & economy
VIDEO: Thousands Occupy Oakland, shutting down port
The Port of Oakland is shutdown Wednesday night as protesters in the Occupy Oakland movement conduct a general strike. About 10,000 people are reportedly participating....
Self-service checkouts disappearing from grocery stores, but other places still expanding
As grocery stores look for ways to grab customers, some are dropping the self-service checkouts in favor of a more personal experience. But at other retailers, like Home Depot, there's no sign of abatement....
Iraqi immigrants struggling to make lives in the United States
In San Diego, El Cajon specifically, there's a burgeoning Iraqi immigrant community that is straining the resources of the community leaving all sides frustrated....
It's official: Bank of America cancels plans for $5 monthly debit card fee
In the face of protests and customer displeasure, Bank of America will abandon its plan to implement a $5 per month fee for users of their debit cards. The story was broken by Reuters....
Banks have counter-intuitive problem: Too much money and nowhere to put it
As consumers try to find safe places for their cash, they're putting banks in a pickle. Banks actually pay to keep you cash and because they're not lending it or investing it, it's costing them money....
New research suggests language structure may play factor in personal saving
A Yale economist's research shows that if you speak a language that, grammatically speaking, treats the present tense and future tense the same way, unlike English, you'll save vastly more more money over the course of your life....
American businesses looking to build ties with Iraq, even as soldiers withdraw
Business leaders are predicting that the market for goods in Iraq is about to explode and companies in various sectors of the American economy are hoping to capitalize on that boom....
Wikileaks claims U.S. financial companies are 'blockading' it, suspends operations temporarily
In a surprise move on Monday, Wikileaks said it had lost tens of millions of dollars in donations and was suspending operations until it could raise more funds....
Amazon moves aggressively into world of book publishing
As Amazon pushes harder into the world of book publisher, and not just seller, it's making the big publishing companies nervous at the same time it reaches out to authors....
Retailers turning to product give-aways to lure shoppers to their websites
In an effort to move product and hopefully drive holiday sales, retailers are giving products away on their websites in hopes of driving more sales during the holiday season....
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