Retail

Cell Phone Carriers Will Get Whacked By The iPhone 5

NEW YORK (CNNMoney) -- After several quarters of record profit margins, it's time for carriers to face a grim reality: The iPhone 5 is expected to be the best-selling phone of all time, and its sky-high subsidies will devastate their bottom lines. The price customers typically pay for a new

Forecast points to solid holiday growth

By ANNE D'INNOCENZIOAP Retail Writer NEW YORK (AP) - After wrapping up a decent back-to-school shopping season, merchants are expected to see healthy sales gains for the critical winter holidays, though the pace should be slightly below last year, according to one of the first forecasts

Premiums for family health plans hit $15,745

By RICARDO ALONSO-ZALDIVARAssociated Press WASHINGTON (AP) - Annual premiums for job-based family health insurance went up just 4 percent this year, but that's no comfort with the price tag approaching $16,000 and rising more than twice as fast as wages. The annual survey released Tuesday

Deutsche Bank to cut costs, change pay practices

By DAVID McHUGHAP Business Writer FRANKFURT, Germany (AP) - Deutsche Bank is to cut costs, shed risky investments and tighten executive pay practices as part of an effort to strengthen itself against a slackening global economy and more regulation. The shakeup follows a 100-day review by new co