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CNN: Business
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
Updated: 30 min 27 sec ago
Washington pushes for free credit scores
People who are denied credit or a job because of their credit history may soon be able to get their credit score free of charge, thanks to an amendment passed by the Senate Monday evening.
Categories: NEWS: Business and Financial
How to keep your carried interest from the taxman
Private equity fund managers are about to become much closer to their tax attorneys.
Categories: NEWS: Business and Financial
What does Massey do now?
The board of Massey is preparing for a shareholder showdown on Tuesday in Richmond, Va. After some tense volleys with shareholder activists, the board needs to be ready to answer some rather pointed questions about how it's allowed the company to come under fire-for both the April mine explosion which killed 29, and the subsequent investigation into wrongdoing by the Department of Justice.
Categories: NEWS: Business and Financial
When the boss doesn't defend you
Dear Annie: I'm the supervisor of a customer service team. Most of our transactions are with long-term clients who depend on our products and our advice to run their businesses, so that our connection with them is almost a consulting relationship. About 99% of our interactions are friendly and professional, but occasionally my team members suffer verbal abuse from irate and unreasonable people at a client company. When this happens, I usually go to a manager one level above me and ask him to call the customer and sort out the problem.
Categories: NEWS: Business and Financial
Stocks poised for gains
U.S. stocks were set for early gains Tuesday, as investors turned their focus away from Europe's debt woes and looked ahead to economic data and corporate earnings in the retail sector.
Categories: NEWS: Business and Financial
FDA widens Tylenol probe
The Food and Drug Administration said Monday it is expanding its investigation of a Johnson & Johnson manufacturing division tied to the recent recall of children's drugs.
Categories: NEWS: Business and Financial
Go ahead and default, Greece!
Greece must be feeling a little like Sisyphus these days. Saddled with mountains of debt and a 14% budget deficit, its path to recovery seems arduously steep, slippery and out of reach. But like Sisyphus, the king in Greek mythology who ends up getting to the summit only to see his cumbersome load slide back down again, Greece seems mired in problems even with a $145 billion bailout package.
Categories: NEWS: Business and Financial
Secret 5: turn your passion into an asset
For 15 years Jamie Pollack did graphic design and branding for financial institutions. Then came the credit crisis in late 2008, and there went her job. Right away, she began looking for another position in her field. And on the side she continued to run Shark Savers, a shark conservation nonprofit she'd founded three years earlier.
Categories: NEWS: Business and Financial
Secret 4: get your finances in order
Lorenzo New spent 15 years working in the mortgage industry, his last stint at a subsidiary of Lehman Brothers. By 2007 the business was changing, "and my blood pressure was through the roof," he says.
Categories: NEWS: Business and Financial
Secret 3: get the skills you need on the cheap
Laid off for the third time in two years in 2009, Mitchell Smith decided it was time to take his career in a new direction. Smith had spent the previous 15 years selling educational software around the San Francisco Bay area. Over that time, however, it had become increasingly difficult to convince budget-beleaguered schools to invest. "I wanted to be in a job where I felt like I was making a difference, but I also wanted a more stable career," says Smith.
Categories: NEWS: Business and Financial
Secret 2: network outside the box
After 12 years at the same tech firm, Dave Cunningham got the first pink slip of his working life last July. Married with three kids, he wanted to stay in Wichita. But with few tech companies in the area, he knew that would mean an industry change.
Categories: NEWS: Business and Financial
Secret 1: Show how your talents translate
Laid off from her job as head marketer of an IT firm last year, Cynthia Curtis knew where she wanted to go next: into green industry. "Investment in it was expanding, and there weren't a lot of people with years of experience clamoring for jobs," she says. Curtis also had a personal interest, having built a green-certified home.
Categories: NEWS: Business and Financial
5 secrets of successful career changers
Tolstoy wrote that unhappy people are each unhappy in their own way. The same can be said of American workers today.
Categories: NEWS: Business and Financial
Why Treasury Bonds Aren't Always So Safe
People often ask me how they can go wrong buying U.S. Treasury bonds. After all, they say, no matter how bad our fiscal problems get, the government can always print the dollars it needs to redeem its bonds. So what's the problem?
Categories: NEWS: Business and Financial