Current News that Matters

Business

Higher Costs Cause Fourth Quarter Profit Slips For Southwest Airlines

Southwest Airlines Co. said Thursday that fourth-quarter earnings fell by nearly half as costs rose for fuel, labor and maintenance.

The airline’s revenue climbed slightly, however, as the average fare increased almost $8 from a year ago.

Southwest said that bookings for the first three months of 2013 look strong. It said that based on bookings and ticket prices so far, a key revenue measure should rise by between 2 and 3 percent in January compared with the same month last year.

Although the rate of airfare increases has slowed since 2011, fares are still going up partly because airlines… Continue reading

IRS2Go The New IRS Tax Return Smartphone App

IRS Tax Return Smartphone App

The IRS today unveiled a new App for smartphones, that you can use to check the status of your tax refunds, as well as get other information on your tax return.

IRS2Go, the new App can be downloaded free of charge on iPhones and Androids, according to the IRS. When using the App, you will need some basic information to access your tax return status, such as Social Security number. According to the IRS, when you enter your Social Security number, it will be masked and encrypted for you, for security purposes.

With the above… Continue reading

Nebraska Furniture Mart – DEG Regional Retailer of the Year

Nebraska Furniture Mart

Nebraska Furniture Mart picks up the Regional Retailer of the Year award from the Digital Entertainment Group at its 14th annual International Consumer Electronics Show tonight.

Regional Retailer of the Year honors in hardware is given for its support of complete lines of all hardware categories and demonstrations of new technologies.

The Nebraska Furniture Mart is one of the largest home furnishing centers in the U.S. with sales of furniture, flooring, appliances and electronics. The store was founded in 1937 by Rose Blumkin in Omaha, Nebraska. She worked in the store until the incredible age of 103.… Continue reading

Tax Slayer or TurboTax – Which is the Best Option?

Tax Time does not need to be a Taxing Time

Tax Slayer: You can already be filing your federal income taxes with the IRS right now of you wish. The majority of American workers might well see a nice income tax return this year.

It can be pretty expensive to hire an accountant to prepare income tax. Some people pay over $250 each year for such services. This money ends up out of their annual income tax return. However, there are online services that allow tax preparation to be done cheaply online. There are also a variety of low… Continue reading

Verizon Challenge to FCC Net Neutrality Rules

Verizon

Verizon has stated that it has to challenge the FCC’s new regulations in court. They have filed an appeal in the federal appeals court in the District of Columbia, challenging the FCC’s regulations that prohibit broadband providers from interfering with Internet traffic flowing over their networks.

The new rules are also expected to be challenged soon by Republicans in Congress.

Verizon’s senior vice president and deputy general counsel, Michael Glover has said that his company is committed to preserving an open Internet, however the appeal comes after a “careful review” of the FCC order.

Michael Glover went on to… Continue reading

Apple Stock Suffers After Steve Jobs’ Announcement

Apple Stock

Apple stock have suffered after the announcement by Steve Jobs, that he is taking a medical leave of absence from the company.

Apple’s stock opened for trading at $327.05 per share on Tuesday morning, which is a 5% drop from Fridays close. The stock did start to quickly rebound and was worth just over $336 a share at time of reporting.

Good strategy for Apple to make the announcement of Steve Jobs, absence on Monday, when the stock markets were closed due to Martin Luther King, Jr. Day. I guess nearly a full day to absorb the news,… Continue reading

TurboTax Premier Federal + e-File + State 2010

TurboTax Premier

TurboTax Premier Federal + e-File + State 2010 offers step-by-step guidance through investments for your maximum refund. Be prepared and ready for the IRS accepting returns from January the 14th.

TurboTax Premier double-checks for accuracy to ensure your taxes are done right. It provides extra guidance for stocks, bonds, mutual funds, rental property income, expenses and refinancing. 5 Free Federal E-Files included and one TurboTax State download product–a $39.95 value.

TurboTax Premier Saves time by automatically importing your investment info directly from your financial institution. It walks you through reporting sales of stocks, bonds and mutual funds. Automatically… Continue reading

Detroit Auto Show Has Lots to Offer

Detroit Auto Show Has Lots to Offer

This Year’s Detroit Auto Show gets underway as the American car industry tries to show its state of the art prowess. The big question on everyone’s mind is what the health of the North American car industry.

After the toughest period of bloodletting in the US car industry since the Great Depression, American car sales are gradually on the way back up. According to figures from Ward’s Automotive Group, last year’s US light vehicle sales were 11,554,576, up 11.1 per cent on 2009.

America’s big three car brands did even better, with combined… Continue reading