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Business :: Corporate

MoneyWatch :: Americans are Opening Their Wallets

CORPORATE | Tuesday Apr 15, 2014
As the long, hard winter fades, retail spending is perking up. Plus, Citigroup beats expectations and Amazon may enter smartphone business in today’s MoneyWatch report.

Netflix Customers Targeted in Phishing Scam

CORPORATE | Apr 15
The Better Business Bureau is warning Netflix customers about a scam. Con artists claiming they work for the video streaming service are trying to get money and private information from unsuspecting victims. Jericka Duncan reports.

Netflix’s Comcast Deal Improves Quality of Video

CORPORATE | By Michael Liedtke | Apr 15
Netflix’s videos are streaming through Comcast’s Internet service at their highest speeds in 17 months, thanks to tolls Netflix pays Comcast for a more direct connection to its network.

Q car travels in the highway that connects Yangon to capital Naypyidaw as a cart pulled by bulls carry a load in a parallel gravel track, close to Toungoo, north of Yangon, Myanmar.

Myanmar Clunkers Scrapped in Rush for ’New’ Cars

CORPORATE | By Elaine Kurtenbach | Apr 15
One of the quaintest of many anachronisms in Yangon, a city of moldering colonial villas and gleaming golden pagodas, used to be the decades old Toyotas, Chevys and other clunkers wheezing down its mostly empty roads. Now, new cars flood the streets.

Flight 370: Robotic Submarine to Begin Underwater Search

CORPORATE | Apr 14
Officials are launching a robotic submarine to search the floor of the Indian Ocean for Flight 370. CBS News foreign correspondent Seth Doane reports on the use of the robotic submarine.

Google Buys Drone Maker Titan Aerospace

CORPORATE | Apr 14
Google has bought Titan Aerospace, a maker of solar-powered drones, saying it could help bring Internet access to remote parts of the world as well as solve other problems.

A Look at Toyota’s Recall of 6.39 Million Vehicles

CORPORATE | Apr 14
Toyota Motor Corp. said Wednesday it’s recalling 6.39 million vehicles globally for various safety defects. The total rises to 6.76 million if vehicles with multiple recalls - like the Yaris subcompact - are counted for each recall.

Chevy, GMC and Toyota Earn Top Ratings in Crash Test

CORPORATE | Apr 12
The Insurance Institute for Highway Safety looked at nine 2014 models, but only three of them got good crash ratings. The Chevrolet Equinox, GMC Terrain and Toyota Highlander earned the top safety picks.

Financier Carl Icahn poses for photos upon arriving for the 32nd annual New York City Police Foundation Gala in New York.

EBay, Icahn Settle Proxy Fight

CORPORATE | Apr 11
Ebay and billionaire activist investor Carl Icahn have settled their proxy fight ahead of the company’s annual meeting.

Marc Olefs, left, and Andrea Fischer, researchers from the Innsbruck University check a field covered with white polyethylene against the backdrop of majestic jagged peaks at Eisgrat (Ice Spine) skiing station on Stubai glacier near the village of Neustift im Stubaital in the alpine Austrian province of Tyrol.

Artificial Cooling Tricky Topic for Climate Panel

CORPORATE | By Karl Ritter | Apr 11
It’s Plan B in the fight against climate change: cooling the planet by sucking heat-trapping CO2 from the air or reflecting sunlight back into space.

MoneyWatch :: Massive Online Data Breach Discovered

CORPORATE | Apr 10
Internet should change their passwords due to newly discovered "Heartbleed" security flaw. Plus Twitter’s new look and Harley’s new bike on today’s MoneyWatch headlines report.