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Jony Ive: High-End Apple Watch Will Come With Its Own Leather, Suede Box


Apple(NEW YORK) --  The priciest of Apple Watches -- the 18-karat gold Edition collection -- won't just come in any Apple packaging but will mimic five-figure luxury watch boxes. With leather and "ultra-suede," Apple put a lot of thought into even the packaging.“We didn’t want the packaging to be a sort of shorthand for value, where the box needs to be big and we have to include expensive materials," Apple's senior vice president of design Jonathan Ive told The Financial Times.T

Big Losses on Wall Street Despite Lower Unemployment Rate


JaysonPhotography/iStock/Thinkstock(NEW YORK) -- Friday featured big losses on Wall Street, despite a jobs report that showed a 12th consecutive month of job gains.The Dow Jones Industrial Average dove to 17856.78, dropping 278.94 from its open.The Nasdaq slipped 55.44 to a close of 4927.37, while the S&P 500 fell 29.78, ending the session at 2071.26.The Labor Department reported on Friday that the U.S. economy added nearly 300,000 jobs in February. The unemployment rate fell from 5.7 percen

Apple to Replace AT&T on Dow Jones Industrial Average


Kevork Djansezian/Getty Images(NEW YORK) -- Apple has ousted AT&T -- at least on the Dow Jones Industrial Average.S&P Dow Jones Indices announced on Friday it would be adding Apple to the Dow's 30 companies, replacing AT&T on March 18.“As the largest corporation in the world and a leader in technology, Apple is the clear choice for the Dow Jones Industrial Average, the most recognized stock market measure,” David Blitzer, the managing director and chairman of the Index Co

Unemployment Rate Drops to 5.5% as 295K Jobs Added in February


iStock/Thinkstock(WASHINGTON) -- U.S. employers added 295,000 jobs to their payrolls in February, marking the 12th straight month with job gains above 200,000, the Labor Department reported Friday morning.The figure exceeded economists' expectations, who predicted about 240,000 jobs were added last month.The unemployment rate also beat expectations, falling from 5.7 percent to 5.5 percent.Jobs were added in food services, construction and healthcare, the report shows.In a bit of bad news, the re

Three Red Flags that a 'Mortgage Rescuer' Is Really a Fake


Photodisc/Thinkstock(NEW YORK) -- Many homeowners were hit hard in the recession, as they fought to stay in their homes amid job losses and declining incomes. And sadly, those struggling homeowners have become easy marks for “mortgage rescue” con artists.American homeowners have lost millions to mortgage modification scams in recent years. In a typical scam, the homeowner is promised they’ll get a new loan with better terms if they first pay a large, upfront fee and then c

Tax Tip: Flexible Spending Accounts


Ingram Publishing/Thinkstock(NEW YORK) -- Americans are reaping the benefits of having access to flexible spending accounts through their employer."They're fabulous deals, because with a FSA for either health care or childcare, those are the two kinds of expenses you can run through them. The money put into those accounts goes in pre-taxed and it not only avoids federal income tax, but it also avoids federal Social Security tax,” says Kevin McCormally of Kiplinger’s Personal Finance

Apple Watch Frenzy: What to Expect from Monday's Event


Apple(NEW YORK) -- The frenzy surrounding Apple Watch will likely reach a new high on Monday when the company holds an event in San Francisco where it's expected they'll reveal more information about the hotly anticipated wearable.Apple will live stream its "Spring Forward" event from the Yerba Buena Center for the Arts on Monday at 1 p.m. ET.The flagship wearable device is set to ship in April, however Apple hasn't yet revealed an exact release date.Since Tim Cook showed off the watch last Sept

Etsy CEO Says IPO, Mass Production Won't Ruin Website's 'Handmade Ethos'


Courtesy Etsy(NEW YORK) -- Etsy's move to allow manufactured goods on the expanding "handcrafted" goods site and now its initial share offer has some sellers less than thrilled about its corporate direction. Some sellers say they are taking their business elsewhere while competition for Etsy heats up. Chad Dickerson, Etsy's chief executive since 2011, addressed the concerns about the company's phenomenal growth and change in policy to allow "mass manufacturing," saying the website still values c

How This Bakery Helps Military Vets Re-Enter the Workforce


Dog Tag Bakery(WASHINGTON) -- Some disabled veterans are getting sick of the “disabled part.”“We might have a ‘disability,’” retired Sgt. Maj. Sedrick Banks told ABC News. “But it’s not about your disability. It’s about your ability.”Banks served 23 years in the military, bouncing around between eight deployments and various assignments at the White House, 82nd Airborne Division, 520th Infantry, North Atlantic Treaty Organization and mo

Why Instant Ramen Inventor Momofuku Ando Floats in Space in Google Doodle


Google(NEW YORK) -- Thursday’s Google "Doodle" honored the father of instant noodles: Momofuku Ando, the Taiwanese-Japanese founder of the Nissin Food Products Co. Ando would have turned 105 on Thursday had he not died of heart failure in January 2007 at the age of 96. With Taiwanese parents, Ando was born in Taiwan during the Japanese occupation of Taiwan and became a Japanese citizen after World War II. He started with chicken-broth noodles in cellophane bags behind his house in Ikeda, J

Who's Getting Your Money? Five Signs a 'Charity' Is Really a Scam


Fuse/Thinkstock(NEW YORK) -- Many Americans make it a point to assist victims of natural disasters, donate to fight diseases and give money to help veterans. But their generosity is also noticed by scam artists, who want a piece of that action. The Federal Trade Commission gives these red flags that a charitable appeal is not legitimate:The charity offers only vague information about its mission, budget and how your donation will be used.It won’t provide proof that your donation is tax-ded

US Stocks Rise On Earnings Reports


NikolayPeev/iStock/Thinkstock(NEW YORK) -- Stocks moved slightly higher on Thursday, led by gains for utilities and financial companies.The Dow Jones Industrial Average finished the session on Thursday at 18,135.72, up 38.82 from its open. The Nasdaq also was up by 15.67 to close at 4,982.81. The S&P 500 rose by 2.51 points to close at 2,101.04. Pharmacyclics, which makes the cancer drug Imprivica, surged on Thursday after AbbVie said it would acquire the company for $21 billion.  The c

What Ringling Bros. Circus Will Be Like Without Elephants


Joe Raedle/Getty Images(NEW YORK) -- Without Asian elephants, the show will still go on at Ringling Bros. and Barnum and Bailey circuses, though fans will likely also say goodbye to its "woolly mammoth."The 145-year-old "Greatest Show on Earth," owned by the Feld Family of Feld Entertainment Inc., said it will still feature other "extraordinary animal performers." Those include lions, tigers, horses, llamas, goats, dogs and camels.The company's programs have evolved from just animals to "mythica

Facebook Users from Birth: Why Some Kids Are Already Online


Facebook(NEW YORK) -- Meet Clementine. The smiling Brooklyn, N.Y., baby has her own Facebook page that includes photos of her at a birthday party, meeting a zoo animal and posing at the beach.Rebecca Winkel adopted Clementine two years ago. Her daughter's birth family are among the 18 friends who are treated to occasional updates and adorable photos Winkel snaps using her smartphone."It was an idea suggested to me by another adoptive parent. I really saw how it added a nice layer to the open ado

Social Media Rage for Fliers Experiencing Hours-Long Hold Times


iStock/Thinkstock(NEW YORK) -- The winter storm and resulting snowfall accumulation from Texas to Long Island, N.Y., has crippled air travel and produced excruciatingly long telephone wait times for people whose flights have been canceled or changed.Almost 6,000 flights have been canceled in the United States since Wednesday.Fliers forced to endure long hold times have taken to Twitter to vent their frustrations, with many reporting wait times of more than three hours. A Kansas woman was reporte

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