(Photo Credit: Michael Nagle/Getty Images) From my MorningMoneyMemo at abcnews.com Don’t blame us. That’s what Apple is saying in a very carefully worded statement about the hacking of nude photos of celebrities. “None of the cases we have investigated has resulted from any breach in any of Apple’s systems including iCloud or Find my … Continue reading PR Nightmare for Apple and Home Depot: Fancy Footwork Needed After Hacking Attacks
(Robyn Beck/AFP/Getty Images)This blog is adapted from my ABCNews.com daily business blogBurger King is facing a grilling from critics of U.S. companies that move overseas to cut their tax bills.“I’ve eaten my last Whopper,” is among the many angry comments on Burger King’s Facebook page. That one received more than 1,000 "likes" at the company's social media … Continue reading Burger King’s Northern Exposure: Out of the Frying Pan Into the Fire?
(Photo Credit: Richard Drew/AP Photo) When will consumers change their minds about the economy? While the stock market had a stellar year, home prices rose at the strongest rate since 2005 and auto sales hit post-recession highs, many Americans believe the United States is still in a recession. Only 19 percent of those polled said … Continue reading Why This May Be a Change My Mind Economy
A busy Amazon distribution center, just before Christmas. AP Photo. This year may have been the tipping point for online sales, and that’s a big reason why UPS and FedEx were overwhelmed by delivery problems just before Christmas. Both shipping firms faced customers’ complaints about delayed gifts. UPS spokeswoman Natalie Black admits “demand was much … Continue reading Will Gift Buyers Change Their Minds About Shopping Online?