Female gun instructors in hot demand

Deb Ferns, Lisa Munson and Kay Miculek, co-founders of Babes with Bullets. NEW YORK (CNNMoney) The market for female gun instructors is booming as more women want to learn to shoot -- both for self defense and for sport, said Tina Wilson-Cohen,...

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Stocks: Tug of war on Wall Street

Click for more market data. NEW YORK (CNNMoney) The Dow Jones industrial average, the S&P 500 and the Nasdaq are all higher at midday, recovering from an early bout of choppy trading. Tech talk Both Wall Street and Main Street are talking...

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Stocks: Buoyed by Apple, Facebook

Click on chart to track premarkets NEW YORK (CNNMoney) Both Apple (AAPL, Fortune 500) and Facebook (FB, Fortune 500) reported strong quarterly earnings late Wednesday, boosting market sentiment and pushing U.S. stock futures higher Thursday....

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Regulators pave way for Internet "fast lane" with net neutrality rules

FCC chairman Tom Wheeler, a former cable industry lobbyist. NEW YORK (CNNMoney) The news quickly drew condemnations from net neutrality activists, who say the proposal from the Federal Communications Commission will give large companies that...

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Obama fails to secure breakthrough in Japan trade talks

The Obama administration was seeking a breakthrough on trade talks during a trip to Japan. HONG KONG (CNNMoney) The unwieldy trade pact is a major priority for the Obama administration, but progress has stalled after 20 rounds of negotiations...

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GM's $1.3 billion recall cost wipes out profit

NEW YORK (CNNMoney) The cost of the recall and some other accounting charges left the company with a profit of only $108 million in the quarter. The company recalled a total of 7 million vehicles during the quarter, most prominently 2.6 million...

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What stumps Warren Buffett? Minimum wage

NEW YORK (CNNMoney) "I thought about it for 50 years and I just don't know the answer on it," Buffett told CNN Wednesday. "In economics you always have to say 'and then what?' And the real question is are more people going to be better off if it is...

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Apple shares soar on increased buyback

Apple increased its buyback and posted a strong second quarter, sending shares soaring. NEW YORK (CNNMoney) Apple (AAPL, Fortune 500) said it will increase its share repurchase program to $130 billion, up from $100 billion. The company also announced...

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Investors slam Barclays over bonuses

LONDON (CNNMoney) Shareholders large and small lined up at Barclays' annual meeting to accuse the company of putting the interests of its investment bankers ahead of its owners. A third of the bank's shareholders withheld their support for the...

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Russia stocks fall as Ukraine crisis intensifies

Ukrainian special forces have been active in the eastern Ukrainian city of Slavyansk, where five militants were killed. Russia has vowed there will be consequences for these actions. LONDON (CNNMoney) Ukrainian forces killed five militants during...

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Weibo shares pop 10% in IPO

China's Weibo debuts on the Nasdaq. NEW YORK (CNNMoney) The Chinese social media company, which is often compared to Twitter (TWTR), priced its initial public offering late Wednesday at $17 per share. That was on the lower end of its price range...

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Goldman Sachs investment banking roars back

NEW YORK (CNNMoney) Goldman Sachs (GS, Fortune 500) reported first quarter earnings Thursday that handily beat analyst estimates The firm said revenue from investment banking, which includes such activities as advising mergers and acquisitions...

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Detroit pension cuts hit civilian workers hardest

Retired Detroit worker Donald Smith, 69, is facing a 4.5% cut to his pension benefits. NEW YORK (CNNMoney) The city reached tentative deals with its two pension funds. One represents Detroit's non-uniformed workers, and the other covers police...

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Beer, grilled cheese and really clean clothes

Michael Gordon and Joe Bouvier, co-managers of New York's Wash House. NEW YORK (CNNMoney) "Our coffee shop is a bar, cafe and a laundromat. It's a winning formula," said 31-year old Lee Kerzner, a native New Yorker who opened the Wash House in...

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Cruise companies on hunt for China's tourist dollars

HONG KONG (CNNMoney) The ship, Quantum of the Seas, will make its home in China in 2015, after spending its inaugural winter season sailing out of New York. The ship will ferry travelers from Shanghai to South Korea and Japan. Royal Caribbean (RCL)...

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China's spending crackdown hits drinks giants

Remy Cointreau said the Chinese government's "anti-extravagance policy" is hurting sales of premium spirits. LONDON (CNNMoney) Diageo (DEO) and Remy Cointreau -- the companies behind brands such as Smirnoff vodka and Cointreau liqueur -- said...

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GM's recalled Cobalt was a failure from the start

General Motors never really wanted to build the Cobalt, and it showed. NEW YORK (CNNMoney) The automaker never really wanted to build the compact sedan, and it showed. Critics and car buyers alike reacted with little enthusiasm for the vehicle....

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NBA player to open Hooters in Russia

Brooklyn Nets player Andrei Kirilenko, aka AK-47, is introducing Hooters to his native Russia. NEW YORK (CNNMoney) Kirilenko, a player for the Brooklyn Nets, told CNNMoney his first restaurant will open in Moscow on April 26. Hooters spokeswoman...

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Stocks fight back from morning drop

NEW YORK (CNNMoney) There's hope that the rebound rally this week could continue. The Dow soared 162 points on Wednesday, while the S&P 500 and Nasdaq both rose by more than 1%. Investors spent the morning sorting through a mixed batch of earnings...

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The Divergent trend: Bad for stocks

There's a divergent trend going on in the stock market. It could signal the end of the current bull market. NEW YORK (CNNMoney) So what does that have to do with the stock market? There's a "divergent trend" happening right now, and some think...

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Jobless claims at lowest since 2007, but...

First-time claims for unemployment benefits suddenly plummeted last week, but don't get too excited. It's probably just a statistical quirk. NEW YORK (CNNMoney) But the drop in jobless claims may be more the result of statistical quirkiness than...

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"GMA" adds another man: ESPN's Tony Reali

ESPN's Tony Reali will join "Good Morning America." He could help replace the star power that was lost when Josh Elliott left for NBC. NEW YORK (CNNMoney) Reali's role was first described by The Hollywood Reporter on Thursday. Reali, the host...

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Icahn settles with eBay over PayPal

NEW YORK (CNNMoney) Though Icahn's proposal will no longer be presented to shareholders at eBay's annual meeting next month, Icahn hasn't completely backed down on his idea of eBay selling off its payments business. "I continue to believe that...

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Watch out for those hidden fees in prepaid debit cards

(Fortune) Financial products are a different animal. They are often named one thing when they are something quite different. In the late 1990s, banks and credit unions started marketing "free" checking accounts to consumers when in fact those accounts...

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Greek bonds fly off the shelves

Public and private sector workers went on strike Wednesday to protest at harsh austerity measures even as Greece was marketing its first international bond issue in four years. LONDON (CNNMoney) The Greek Finance Ministry said Thursday that it...

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Ally Financial: From bailout shame to lame IPO

NEW YORK (CNNMoney) Ally Financial (ALLY), the auto loan giant that received taxpayer assistance during the depths of the financial crisis, fell over 1% in its public debut Thursday. At an IPO price of $25 per share, the deal raised $2.4 billion,...

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It pays to work at Ferrari

Ferrari employees in Italy all received a "production bonus" worth just over €4,000 ($5,700) for 2013 as the company increased sales and profits. LONDON (CNNMoney) The luxury Italian automaker is paying record bonuses to reward workers for helping...

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GM puts 2 engineers on paid leave over ignition recall

GM Chief Executive Mary Barra put two engineers on paid leave because of the massive recall over faulty ignitions linked to at least 13 deaths. NEW YORK (CNNMoney) GM Chief Executive Officer Mary Barra confirmed Thursday that the engineers were...

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So much for that rally. Stocks open down

Click for more data NEW YORK (CNNMoney) The Dow and S&P 500 are sharply lower, but the Nasdaq is once again the biggest loser with a drop of over 2% by lunchtime. There was hope that a two-day rally would extend into Thursday, but the...

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Change theses passwords right now

NEW YORK (CNNMoney) As sites fix the bug on their end, it's time for you to change your passwords. The Heartbleed bug allowed information leaks from a key safety feature that is supposed to keep your online communication private -- email, banking,...

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Dow, S&P 500 retreat after setting records

Click the chart for more markets data. NEW YORK (CNNMoney) The Dow and S&P 500 are now in negative territory after their record highs. The Nasdaq also fell. US markets have been on a roll this week. On Wednesday, the S&P 500 closed...

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