Featured News

$100 bill getting a facelift

In order to stay a step ahead of counterfeiters, the government is planning a new design for the $100 bill that will be shown next month at an April 21 ceremony in the ornate Cash Room at the department. The government says its decisions on redesigning currency are guided by assessments of counterfeiting threats, from digital [...]

Continental Airlines joins in charging for exit-row legroom

Stretching out and relaxing may cost you extra on Continental Airlines, who has become the latest airline to start charging coach passengers for seats with extra legroom. They charge you for everything else, and you put up with it, so why not? Starting March 17, passengers in coach can buy a seat in the exit row [...]

President orders debt panel

President Obama has issued an executive order that creates a bipartisan fiscal commission, the first step in deciding painful decisions that are needed to get the U.S. debt under control. The commission has to deliver a report to the president by Dec. 1 that makes recommendations for bringing annual deficits to no more than 3% [...]

Playboy Has Lower Losses, and Magazine Profits

Playboy Enterprises  managed to turn a profit last quarter. The media and entertainment company reported a net loss of $27.8 million, or 83 cents per share, for the fourth quarter, compared to a net loss of $146.8 million, or $4.40 per share, a year earlier. Revenue fell 13%, to $60.6 million. And so analysts expected [...]

Burger and beverage recession?

I guess the economy really is still very fragile since people are still holding back on buying burgers, soda and beer. Many think that fast food, soft drinks and booze are recession-proof. Truth is, nothing is recession proof. The worst of this downturn may be over, but it doesn't look that way to Coca-Cola, McDonald's and [...]

Snowmageddon could cost up to 150,000 jobs in February

This month's blizzards may be great for those who plow snow, but they are costing us a lot in jobs. Some economists estimate that between 90,000 and 150,000 jobs could be lost in February, just because the snow kept people home from work and stalled hiring during the month. Previously analysts had been expecting good news [...]

Heinz revamps ketchup packets

The ketchup packet has been around for over 40 years, and it has had complaints for nearly as long. That it's too messy, too small, too hard to open etc. So in a bid to make customers happier, Heinz is unveiling the first major packaging change to the condiment. It's a smart move by the [...]

Turn your iPhone into a credit card reader

iPhone accessory maker Mophie has something interesting to offer iPhone users. A credit card reader for the smartphone that works with a  transaction app. The whole thing is essentially an iPhone case, so you can keep the reader attached permanently, as long as you don’t mind the added bulk on your phone. If the app is [...]

Burger King: How about some beer with your Whopper?

Burger is making news in the business world again today. Soon you'll be able to get a Whopper, fries and a beer. BK will unveil plans to sell beer and burgers at a Whopper Bar,  a new BK concept that will compete with casual dining restaurants in Miami Beach's South Beach.  The South Beach Whopper Bar [...]

Burger King hits Russia

Burger King opened its first outlet in Russia on Thursday, almost two decades after McDonalds. The first opening in northwest Moscow will be followed by another downtown on Monday. I wonder if they'll have Vodka with their Whoppers. Its part of the company's growth strategy to get the brand more firmly in Europe. Burger King runs more [...]