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  • What's the best age to launch a startup? Founders young and old tell us

    April 12, 2013 6:34 PM 94

    Why is it that each spring, so many of us cringe, cross our fingers, and start filing our taxes without knowing what we’re in for? What’s worse, we rarely feel confident that we’ve achieved the best possible outcome for ourselves when it comes to taxes – and with good reason. Back in 2002, the nonpartisan Government Accountability Office (GAO) estimated

  • Ex-Credit Suisse trader pleads guilty in mortgage case

    April 12, 2013 6:27 PM 97

    NEW YORK (Reuters) - A former Credit Suisse Group AG (CSGN.VX) trader on Friday pleaded guilty to a conspiracy charge in a U.S. criminal case relating to the alleged inflation of subprime mortgage bond prices. Kareem Serageldin, the Swiss bank's former global head of structured credit, pleaded guilty to conspiracy to falsify books and records at a hearing

  • M&T sees delay with Hudson deal

    April 12, 2013 6:18 PM 90

    The Federal Reserve’s concerns about M&T Bank Corp.’s anti-money laundering compliance program is likely to delay the Buffalo bank’s proposed acquisition of Hudson City Bancorp Inc. in New Jersey. M&T announced April 12 that the Fed — during its review of M&T’s latest acquisition plans — has “identified certain regulatory concerns” regarding M&T’s Bank Secrecy

  • Caribou Coffee Customers Attack on Facebook -- But Here's What They're Missing

    April 12, 2013 5:55 PM 96

    It isn’t easy managing a corporate Facebook page when your company is closing stores. That’s the awkward position Caribou Coffee finds itself in this week, after announcing 80 closures Monday. Worse is probably yet to come, once fans and workers grasp what’s on the horizon. So now would be a good time for Caribou to learn how to do crisis PR on Facebook

  • Stony Brook Energy Nonprofit To Build More Electric Vehicle Charging Stations

    April 12, 2013 5:06 PM 108

    Governor Cuomo announced funding to increase the number of public charging stations to encourage more people to switch to alternative fuel vehicles. A Stony Brook nonprofit is one of 14 entities in New York State that will receive funding to boost the number of electric vehicle charging stations it currently operates, state officials announced Thursday

  • Kool-Aid Man gets new look

    April 12, 2013 5:01 PM 94

    NEW YORK Kool-Aid is unveiling a new look for its big red mascot Monday, as the powdered drink brand looks to refresh its image and tout a new liquid mix. The Kool-Aid Man, known for busting through walls and his "Oh yeah!" tagline, will now be computer-generated and take on the personality of a celebrity trying to show he's just a normal guy. In past ads, the character

  • Jason Merkoski's Inside Story Of The Kindle (Part 5)

    April 12, 2013 4:42 PM 92

    Sleepless, I stayed awake through the early morning hours of November 19, 2007, wondering about the Kindle on the day it was to finally launch. What would ebooks mean for literacy, for reading, for the book itself? Would the Kindle hasten the decline of the book—a decline that had started with radio and movies and had accelerated with TV and video games

  • Fest To Welcome Truck-Based Vendors For The First Time Ever

    April 12, 2013 4:11 PM 99

    In this July 12, 2012 photo, a customer is seen purchasing a drink from the Duck N Roll food truck in downtown Chicago. A proposed ordinance would finally allow food trucks to cook and prepare food but continue to ban them from setting up shop any closer than 200 feet away from restaurants and capping the time they can stay put in one spot at two hours

  • Chart of the Day: Gold, Stocks No Longer Dancing Together

    April 12, 2013 3:50 PM 96

    With gold tumbling into bear-market territory, it’s worth pointing out how the divergence between the precious metal and the stock market is getting bigger by the day. As the chart shows, the SPDR Gold Trust (GLD) and the S&P 500 were much more correlated throughout much of 2012. But by the end of last year, stocks and gold started moving their separate

  • Retail sales, banks drag Wall Street lower

    April 12, 2013 2:21 PM 95

    U.S. Day Ahead: JPMorgan still in the shadow of the whale NEW YORK (Reuters) - Wall Street declined on Friday, pulling back from record levels set a day earlier, after retail sales unexpectedly dropped last month and as results from major banks failed to impress investors. Data showed retail sales fell 0.4 percent in March, while February's strong gain was revised