Saturday , 20 December 2014

Business News

FTC Announces Cramming Settlement with T-Mobile

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Terroa/iStock Editorial/Thinkstock(WASHINGTON) — The Federal Trade Commission announced on Friday a settlement with T-Mobile for charges that it engaged in “cramming,” or the practice of placing unwanted third-party charges on its customers’ bills. T-Mobile will pay at least $90 million in the settlement, plus $18 million in fines and penalties to the attorneys general of all 40 states and the ... Read More »

Wall Street Continues Climb, Labor Department Notes Positive State Unemployment Data

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tarabird/iStock/Thinkstock(NEW YORK) — Coming off of the strongest two-day trading in over a year, Wall Street closed the week on a positive note Friday. The Dow Jones Industrial Average gained 44.02 to 17822.17. The Nasdaq climbed 20.91 to 4769.31, while the S&P 500 closed at 2072.05, up 10.82 from its opening price. On Friday, the Labor Department released data on ... Read More »

Amazon Fire Phone Gets Major Updates

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Amazon(NEW YORK) — Amazon is refusing to give up on its Fire phone and the users who snapped up the device, despite its lackluster debut over the summer. Six months after its release, Amazon has rolled out a software update for the phone that brings with it a number of new and smarter features. Among those are text translation in ... Read More »

Verizon Lets Users Text Message the Gift of Coffee

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Verizon(NEW YORK) — There’s nothing worse than being crunched for time while holiday shopping or realizing you forgot someone on your list. Verizon is aiming to solve its subscribers’ gift-giving nightmares by allowing them to give anyone a Starbucks gift card by sending a quick text message. The gift will be added to the subscriber’s Verizon bill. Here’s how it ... Read More »

Top Year-End Money Tips for 2014

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Ingram Publishing/Thinkstock(NEW YORK) — With less than two weeks to go before the end of the year, both Santa and the “tax man” will be checking their “naughty or nice” lists. To start, remember that you’ll get a better sense of where your money is heading if you know where it’s been. “If you’ve gone a little overboard on holiday ... Read More »

Jobless Claims Drop to 289K

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iStock/Thinkstock(WASHINGTON) — Jobless claims dropped lower last week, decreasing by 6,000, according to the latest figures released Thursday by the Labor Department. For the week ending Dec. 13, the number of people filing for unemployment benefits fell to 289,000. The previous week claims stood at 295,000, revised up from 294,000. The Labor Department said there were no “special factors” impacting ... Read More »