Five year old textbook rental startup Chegg is really starting to ramp up sales, we’ve heard. The average college student, they say, spends $900 per year on textbooks. Chegg saves them 70-80% of that by renting them the books instead of selling them outright.

Tags: Books, Business, Chegg, money, Textbook Rentals

Could the volume—and tone—of TV, Web, and print coverage of the market’s gyrations actually be making things worse?
Wall Street has been through crises before—1907, 1929, the 1970s, and 1987 all tested investors as much as the financial crisis of 2008. But this time, something is different: Three cable business channels and countless web sites offer [...]

U.S. stocks headed for yet another sharply lower open Monday as stock markets tumbled further around the world on worries about the health of the global economy. U.S. stock futures fell but came well off their worst levels. Dow Jones industrial average futures fell 145, or 1.8 percent, to 8,116, after being down more than [...]

Hot off of Apple’s Q4 earnings call comes a bit of iPhone news: Alongside 2.6 million Macs and 11 million iPods, Apple managed to sell 6,892,000 iPhones in the fourth fiscal quarter of 2008. In contrast, they sold just 1,119,000 iPhones in fiscal Q4 of 2007.
Feeling a bit spunky, Jobs’ mentioned that they’ve outsold some [...]

General Motors sees a profitable, if risky, path in gaining Chrysler’s revenues and slashing costs

When news first leaked out that General Motors (GM) was interested in buying Chrysler from private equity firm Cerberus Capital Management, the general reaction from auto-industry watchers was: Are they crazy?

Tags: Business, Chrysler, chrysler slashing costs, financial services, General Motors, GM

Congressional leaders say changes to the Paulson plan will draw enough votes, but they were confident on Monday, too

U.S. Rep. Barney Frank (D-MA) and Rep. Rahm Emanuel (D-IL) speak to the press after the House of Representatives voted down the bailout package on Sept. 29, 2008 in Washington, DC Tim Sloan/AFP/Getty Images
On Thursday night, Oct. [...]

Jefferson County, Ala., may be headed for the largest municipal bankruptcy ever. With the economy shrinking, it may not be alone
It’s not just on Wall Street where dubious financial decisions are creating casualties. Municipalities, many of which made enormous financial promises when the economy

Tags: Bank of New York, Bankruptcy, Business, debt, Financial, Financial Crisis, mortgage

by Catherine Holahan
The financial crisis on Wall Street will spill over into the world of online advertising as banks and brokerage firms cut spending
Online marketers are converging on New York for the ad industry’s annual conference, where they’ll hold discussions on everything from tracking online brand buzz to using humor to lure a Web-surfing audience. [...]

How can you get any recent news on your business out to the listener’s ears? Why not try Google News. Google News is currently one of the top five news portals in the world and can bring lots of traffic to your site. But as you might suspect, getting in isn’t easy.

Tags: Business, google, Google [...]