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Volvo XC90, Ferrari FF, and Mercedes to get Apple CarPlayVolvo XC90 sports utility vehicle is among the cars that will feature the iPhone system, which is competing with Google's push into cars. Besides the Volvo XC90 and Ferrari FF and undisclosed Mercedes models, GM, Ford, and Honda are also drawing up plans to incorporate CarPlay, Apple says.- Armpit of America ad: Why Dove is pulling the N.J. adArmpit of America ad reads, "Dear New Jersey, When people call you 'The Armpit of America,' take it as a compliment. Sincerely, Dove." On Tuesday, Dove said it would remove the 'Armpit of America' ad from billboards.
Identity theft, debt collection, and payday loans top list of consumer fraud complaintsIdentity theft led the list of top consumer complaints in 2013, with US consumers reporting that they lost over $1.6 billion to various types of fraud, reports the Federal Trade Commission.- The wit and wisdom of Warren Buffett (on 5 Cokes daily)Warren Buffett gave a three-hour interview on CNBC. He talked about Coca-Cola, the US economy, Bitcoin, and his successor at Berkshire Hathaway.
Bitcoin is not real money: KudlowBitcoin can't serve as a reliable medium of exchange until it has external regulation. Bitcoin founders have to embrace huge reforms to make it a true currency.
Mt. Gox bitcoin exchange files for bankruptcy in JapanThe CEO of the Tokyo-based exchange says over 800 thousand bitcoins, worth millions of dollars, are missing.
IBM layoffs expected. Instead, IBM adds 500 positions.IBM layoffs have been put on hold, says union of IBM workers. Instead of layoffs, IBM announced this week that it's adding 500 jobs in Buffalo.
Levin: Time for IRS to tackle Swiss bank tax evasion. Again.IRS loses billions of dollars in taxes by failing to go after Credit Suisse, a Senate panel charges, allowing Americans to continue using Swiss bank accounts to avoid paying US taxes. Of estimated 22,000 US clients, Swiss bank has divulged names of 238.
Bitcoin heist darkens Mt. Gox exchange; massive theft reportedBitcoin heist: Exchange Mt. Gox is offline Tuesday amid reports it suffered a debilitating theft, a new setback for efforts to gain legitimacy for the virtual currency. The bitcoin heist may have lifted more than 740,000聽bitcoins from the exchange, which froze withdrawals earlier this month.
Minimum wage: Obama meets with Dem. governors to discuss hikeMinimum wage hike was discussed by President Obama Friday during a meeting with Democratic governors. Obama called raising the minimum wage not only聽"good policy, it also happens to be good politics."
Minimum wage bump: Will more stores follow Gap's example?Minimum wage: Gap announced Thursday that its minimum wage will be $9 in 2014 and $10 in 2015. 'It's a gamble on Gap's part,' says one industry expert.- Bitcoin ATM in Boston: The future of money?Bitcoin ATM opened in Boston. There are more Bitcoin ATMs coming this month in Seattle and Austin, Texas.
Gap hourly wage raised to $10 by 2015Gap hourly wage for workers will rise to $10 by 2015 and $9 this year. The Gap hourly wage increase will affect about 65,000 store employees.聽
How Facebook's WhatsApp deal underscores aim to win messaging marketThe world's largest social network, Facebook is set to acquire WhatsApp, a leader among smartphone-based messaging apps. Including cash, stock and restricted stock the purchase totals $19 billion, more than Facebook gathered in its IPO.聽
Golf carts recalled: 1,800 carts for falling riskGolf carts recalled by Club Car have a聽safety issue that can put passengers at risk of falling out of the vehicle. The golf carts being recalled were manufactured in 2012 and number about 1,800.
Why sponsorship #Rule40 makes Olympians nervousIn theory, Olympians can be disqualified if they plug brands that are not official Olympic sponsors聽鈥� even if those sponsors have supported them for years.- Hot Pockets recall linked with recent beef recallHot Pockets recall from Nestle has the company voluntarily recalling "Philly Steak" and "Croissant Crust Philly Steak and Cheese"聽Hot聽Pockets聽in certain sizes. 聽The Hot pockets recall is connected to a larger meat recall
Candy Crush Saga maker plans IPOCandy聽Crush聽Saga maker聽King Digital Entertainment PLC聽will attempt to raise as much as $500 million in an initial public offering.聽There were 93 million users playing 'Candy Crush Saga' daily in December.聽
Verizon phone plans: discount for installment buyingVerizon's new Edge phone plans deduct $10 or more on monthly bills to customers who use its installment plan to buy a phone. The new Verizon phone plans come after competitors have already lowered prices. 聽
Tennessee workers vote no to union at VolkswagenTennessee union vote deals a major setback for the United Auto Workers. With Volkswagen workers voting against the union 712-626, the UAW's plan to organize plants in the South is in tatters.
