Business

Internet Helps Firms Find Medical Victims

Thursday, May 28, 2015

For ambulance chasers, persistence and a phone book just don’t cut it anymore. Law firms, which once relied on television commercials, billboards, and cold calling numbers in the white pages to find plaintiffs for medical lawsuits, have begun to embrace technology. To locate their ideal pharma victims more quickly and at lower costs, they’re using data compiled from Facebook, marketing firms and public sources, with help from digital bounty hunters …

Hormel agrees to buy organic and natural meat maker Applegate Farms

Wednesday, May 27, 2015

Hormel to Buy Organic and Natural Meat Maker Applegate Farms Minneapolis — Hormel Foods has agreed to buy Applegate Farms, a leading organic and natural meat maker, for $775 million, its largest acquisition and a big play in the hot organic food market. The buyout of Bridgefield, N.J.-based Applegate is also the latest of three major deals for Hormel over the past two …

Time Warner Deal Expected Today

Tuesday, May 26, 2015

Charter Communications is close to a $55 billion deal to acquire Time Warner Cable, a merger that would create a powerful cable and broadband Internet contender in an industry long lacking competition. The companies are expected to announce their proposed merger early this morning, with Charter agreeing to pay about $195 a share for Time Warner Cable — $100 in cash and the …

Consumer Confidential: Bank of America’s $12 Charge for Depositing a Check That Bounces Is Another Spurious Bank Fee

Sunday, May 10, 2015

The road to corporate greed is paved with nickel-and-dime bank charges. Want a paper statement? That’ll cost you a few bucks. Not making enough deposits or withdrawals? That’ll result in an inactivity fee of as much as $10. Don’t meet minimum balance requirements? Here’s your monthly $25 account …

8 Signs of Credit Problems

Sunday, May 10, 2015

Credit troubles often begin inconspicuously, yet there are signs all along the way before these troubles become unmanageable. Being alert to these warnings allows you to make the necessary changes to prevent a future of financial worries. Having a credit card isn’t bad when you use it for …

Unsolved Mysteries, Airbag Edition

Sunday, May 10, 2015

Detroit — After months of testing by air bag maker Takata and an independent panel of engineers, there’s still no clear answer why some air bags are blamed for killing drivers after being triggered and spraying metal shrapnel. …

Wheels: Volvo XC60 Is Nice Car, but It Lacks Competitors’ Value

Sunday, May 10, 2015

Money matters. A cursory glance at recent developments in the global automobile industry indicates as much. Mercedes-Benz, long among the world’s leading purveyors of luxury metal, saw its first-quarter profit double. GM and Ford, although doing much better …

Nuts and Bolts: 2015.5 Volvo XC60

Sunday, May 10, 2015

Bottom line: Note to Volvo and other high-end automobile manufacturers: You are going to have to start offering a lot more than “prestige” and “intangible quality.” Rapid technological progress is superseding those old notions of luxury. Head-turning quotient: It remains attractive. But it is aging in comparison with …

Money Talk: Education Tax Breaks Can Be Baffling

Sunday, May 10, 2015

Question: I am confused regarding my ability to take advantage of the American Opportunity Credit for college expenses in filing my 2014 tax return. My accountant told me I didn’t qualify because my adjusted gross income exceeds $80,000. Yet when I researched on the IRS website, I seem …

Study: World’s Food Producers Not Conserving Enough Resources

Sunday, May 10, 2015

Climate change and other factors are amplifying the water risks plaguing big food companies, which are not adequately addressing the problems, according to a new study. Many big-name food brands such as Hershey, Kraft and Perdue are wasting water resources through lax conservation practices and poor planning. And …

GM: Future Is Electric but Profits Are in Pickups, SUVs

Sunday, May 10, 2015

Detroit — General Motors declared that the auto industry’s future is electric just as Americans’ rekindled demand for pickup trucks, SUVs and crossovers are driving the bulk of the automaker’s profits. “The company believes the future is electric, with billions (of dollars) of investment to support an all-in-house …

Stocks Jump After Solid Hiring Gains

Sunday, May 10, 2015

New York — The U.S. stock market had its best day in two months Friday following good news about the job market. The surge was enough to push two of the three major U.S indexes to gains for …

Most Paychecks Have Yet to Feel The Recovery

Sunday, May 10, 2015

The winter of our jobs discontent is over, and the recovery is back to chugging along like it was before. That’s the good and bad news. Before we get to it, though, let’s rewind a little bit. At the end of last year, it looked like the recovery …