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Bank Fees in 2012: Up, Up and Away!

Bank of America fee protesters
Facing both a slew of regulatory developments and volatile capital markets, banks are seeing some parts of their traditional revenue model threatened. One solution: charge customers more fees, either by raising the price of existing fees, charge for services that used to be free, or offering new services at a cost.

Etsy: Turning Artists into Entrepreneurs, Passion into Possibility

Etsy Handmade Shops
Assuming the power to change the entire world economy is no small feat, but Etsy is doing just that. Created in 2005 by Rob Kalin, a painter, carpenter and photographer who found there was no practical marketplace in which to sell his handiwork, Etsy now boasts over 12 million active members, 1.5 million Twitter followers and $467.8 million in sales through November 2011. Etsy is the classic Little Engine That Could story. After all, Etsy was built not on a mountain, but on a molehill; s...
Hang Seng Index

Hang Seng on Mark to Book Best Jan. Since 1996

Hong Kong shares rose on Tuesday with the Hang Seng Index streaking to its best January since 1996, but further upside is expected to be capped going into earnings season after several profit warnings from mainland companies.
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Apple employees look over the new iPhone 4S at Apple's flagship retail store in San Francisco

Tim Cook Rewards Apple Employees - $250 discount on iPads, $500 on Macs

Apple leadership has unveiled the tech-forward reward for Apple all employees, which number well over 60,000. Soon after announcing that in the holiday quarter, Apple has sold a record 37.04 million iPhones with a 128% growth compared to same period last year and 15.43 million iPad with a 11% increase, Apple CEO Tim Cook followed up by announcing in a town hall meeting that Apple will offer a total $750 discount on its products, which can be used once every three years.
Man uses a mobile phone among advertisements of a department store in Tokyo

Japan Prices Fall, Mild Deflation to Persist

Japan's core consumer prices fell for the third consecutive month in the year to December, and mild deflation is expected to persist this year as energy prices stabilize and worries about Europe's debt crisis suppress wage growth and economic activity.
Symantec Security Operations Center

Hacked Symantec Security Software Goes Rogue

Symantec security software was hacked back in 2006, and now the anti-virus software maker says it didn't even know the source code for pcAnywhere, a remote access program, was even gone. Symantec knew there was a breach alright, but until a hacker called Yama Tough posted online in January he had the code, the company was unaware of the theft.
People shop in the newly opened Hennes & Mauritz (H&M) store in Moscow

Hennes & Mauritz Issues Gloomy Outlook

World No.2 fashion retailer Hennes & Mauritz (HMb.ST) said a gloomy economic outlook would keep demand subdued this year and discounting to shift unsold stock, which led to a surprise drop in fourth-quarter profit, had continued into January.
People walk past a JC Penney advertisement in a subway station in Manhattan New York

J.C. Penney Permanently Slashing Prices by 40%

J.C. Penney Company Inc. (NYSE:JCP), run by Apple Inc.'s former retail chief, is permanently marking down all of its merchandise by at least 40 percent so that shoppers no longer have to wait for a sale to get the best bargain.

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