Credit for Kids? Kwedit Goes on the Defensive

Any TV exposure should be a boon to a budding Internet startup. But Kwedit, a processor of online micropayments, had the misfortune to have that exposure come on The Colbert Report

Subprime Lending Crisis: Auto Loans Thrive, Housing Down

In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores

Bloomberg Sports Targets Fantasy Baseball, Major League

The media giant is selling its analytical expertise to baseball fans, and Major League Baseball teams. Can a Bloomberg consumer business hit it out of the park?

'Economics of Integrity' Author Bernasek on Trust, Wealth

In her new book, The Economics of Integrity, journalist Anna Bernasek says trust is everywhere -- and that it's one of the most powerful economic assets we've got

East Africa's Oil and Gas: Drilling, Exploration Rising

New drilling in and off countries up the coast of East Africa shows that the region may have massive reserves of natural gas and oil

Disney-ABC, Cablevision Battle: More TV-Fee Fights Loom

More than 3 million Cablevision subscribers couldn't see the opening of the Oscars on Sunday because of a dispute over paying for ABC shows

EU Approves GMO Potatoes, Testing Europe's GM-Food Fear

The E.U. has given the green light to farmers to grow fields of genetically modified potatoes. Is Europe beginning to embrace GM foods?

Should We Put A Dollar Value On Nature?

In many countries nature is quickly sacrificed for wealth creation. But there is a cost to this loss and ignoring it, some experts contend, is "bad accounting."

A Weakened Euro Could Help European Exports

The debt crisis in Greece has cut the single currency's value 10% in the past month. That will help European firms' bottom line

Google Acquires Picnik, Expands Web-Based Photo Services

Google is snapping up a handful of small tech companies as it prepares to launch its new Web-based operating system. The newest buy, online photo editor Picnik, fills some special needs

A Guarantee Against Losing Cash on Homes?

To get anxious home hunters to step up and buy, one company is offering to guarantee that buyers won't lose money. But this safety net doesn't come cheap

For GM, It's Two Steps Forward, One Step Back

GM is recalling cars, reorganizing management, and telling the world it's ready to kick butt. But it's also losing market share to rival Ford

Will Citi Big Bonuses Return Without Pay Czar Oversight?

Citigroup is now deemed to have paid back its U.S. government assistance, so it can pay top executives as it pleases. But some critics contend that the U.S. government's $26 billion investment in Citi stock means the bank is still on the dole

Pound Woes: Why Britain's Currency Is Falling

The euro is not the only currency in dire straits -- the pound hit a 10-month low against the dollar this week amid concerns that elections could result in a hung parliament

U.S. Deficit: Higher Taxes Needed to Cut Rising Debt

Given the ballooning federal deficit there is near unanimity among economists that higher taxes are on the way. But will the tax target high-income earners, the middle class or all Americans?

New Boss for Universal Music, Lady Gaga Record Label

Britain's Lucian Grainge takes over Universal Music Group worldwide this summer with a simple mission: bringing growth back to the flagging record industry

Europe's New Economic Strategy: A Miracle Cure?

European countries face a 'lost decade' of stagnation and decline if they don't start down the path of greater economic integration, experts say

Consumers Paying Credit-Card Bills Before Mortgages

When cash is tight, consumers traditionally pay their mortgage first and let other bills stack up. But now credit-card bills are the top priority

TigerText: An iPhone App for Cheating Spouses?

TigerText says it had its name before the golfer's problems emerged. He sure could have used it to cover his tracks

Italy Google Case: Execs Convicted of Privacy Violation

An Italian judge has convicted three Google employees for failing to block an offensive video from being posted online -- a move critics warn violates the very principles of Internet freedom

Hummer Sale to China Company Fails; End of Era, Brand

General Motors' attempted sale of Hummer to a Chinese company has collapsed. The U.S. automaker will dismantle a brand of gas-guzzling SUVs that was synonymous with pre-financial crisis wealth and excess

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