Stocks: 4 things to know before the open

Click on chart to track premarkets HONG KONG (CNNMoney) Here are the four things you need to know before the opening bell rings in New York: U.S. stock futures were practically flat as investors showed little interest in getting their feet...

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Kristen Bell invests. Now what?

This Bar Saves Lives founders: Ryan Devlin, Kristen Bell, Ravi Patel and Todd Grinnell. NEW YORK (CNNMoney) Their enterprise really began in 2008, when Devlin and Grinnell used their celebrity to fundraise $30,000 to build a bridge in war-torn...

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Richard Branson's Virgin America files for IPO

Virgin America has filed for an initial public offering. NEW YORK (CNNMoney) While the West Coast-based airline got its name from Branson's Virgin Atlantic airline, it is not mostly owned by Branson, Virgin Atlantic or Virgin Group. That's because...

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Zillow buys Trulia for $3.5 billion

NEW YORK (CNNMoney) Trulia shares jumped 12% on the news that it's selling to Zillow. Zillow will continue to operate two separate websites, where consumers can search listings of homes for sale. Zillow and Trulia together attract more than 130...

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Investors yawn on another Merger Monday

click the chart for more markets data. NEW YORK (CNNMoney) The Dow, S&P 500, and Nasdaq all fell in morning trading. Investors are probably focused more on the deluge of economic reports coming later this week: a read on gross domestic product...

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Dollar stores joining forces

NEW YORK (CNNMoney) Dollar Tree (DLTR) is buying its larger rival for 23% more than Family Dollar's closing price last week, for a total value of $8.5 billion. Dollar Tree plans to continue to operate both the Dollar Tree and Family Dollar brands....

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Apple welcomes back top Bitcoin wallet app

Apple banned Blockchain and other Bitcoin wallets from its App Store earlier this year. But Blockchain is back. NEW YORK (CNNMoney) The software lets people receive and spend the increasingly popular digital currency Bitcoin. Blockchain.info's...

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Investors help the rich pay off student loans

Have a law degree from Harvard or MBA from Northwestern's Kellogg? Wall Street may want to buy your student debt. NEW YORK (CNNMoney) Social Finance, a company that uses crowdfunding to refinance student debt, just packaged a bunch of those loans...

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Yo backer launches new app

NEW YORK (CNNMoney) The app officially launched on Monday from Moshe Hogeg, the CEO and founder of Mobli, a mobile sharing platform. Hogeg is a co-founder of Yo; he invested his own money into the incredibly simplistic app developed by a former...

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Psychics are bullish on stocks

Sidney Friedman, a Chicago-based 'mentalist,' says 2014 will be another good year for stocks. NEW YORK (CNNMoney) To answer this question, you could ask an investment strategist. Or you could consult a psychic. That's what CNNMoney did, and...

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Detroit's turnaround is moving fast

Detroit has rebounded much more than expected by many in the year since its bankruptcy filing. NEW YORK (CNNMoney) Last year at this time, the city filed for the nation's largest municipal bankruptcy ever. The process has moved much faster than...

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World's 2nd-richest man suggests 3-day work week

Carlos Slim, the world's second richest man, is advocating a three-day work week. NEW YORK (CNNMoney) The Financial Times reported that in a speech at a conference in Paraguay, Slim advocated a radical change in the typical five-day work week....

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Millennials love cash

Millennials are choosing cash over stocks, a new survey finds. NEW YORK (CNNMoney) Americans between 18 and 29 years old are three times more likely to keep their long-term investments in the form of cash rather than in the stock market, according...

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Stocks: 5 things to know before the open

Click on chart for more premarket data. LONDON (CNNMoney) Here are the five things you need to know before the opening bell rings in New York: 1. Smoker's widow ruling: Shares in tobacco giants Reynolds American (RAI) and Philip Morris International...

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China food scandal hits McDonald's, KFC

Yum Brands -- which owns KFC -- has faced a number of food scandals in China. LONDON (CNNMoney) An American-owned meat factory operating in China has been accused of selling out-of-date and tainted meat to clients including McDonald's (MCD) and...

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Tobacco stocks burned by $23.6 billion judgment

NEW YORK (CNNMoney) Tobacco stocks took a hit after a Florida jury awarded the punitive damages to a smoker's widow late Friday. The stock price for Reynolds American (RAI), parent company of R.J. Reynolds Tobacco Co., fell about 3%. Other Big...

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Cybersecurity startups to bank $788 million

NEW YORK (CNNMoney) Venture capital firms are expected to funnel $788 million into early-stage cybersecurity startups this year. That's a 74% increase from last year's $452 million, according to PrivCo, a financial data provider on privately-held...

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Military family groceries won't be cut, for now

Congress is putting off drastic cuts to military grocery stores. WASHINGTON (CNNMoney) A Senate budget panel voted late last week to restore $200 million in cuts for military grocery stores, called commissaries. The House has already voted on...

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You're not cool enough for Facebook's newest app

Facebook has unveiled a new standalone app it's calling 'Mentions,; which is designed to help famous people manage their presences on the site. NEW YORK (CNNMoney) Facebook (FB, Tech30) has unveiled a new standalone app called "Mentions," which...

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Harlem: New York's new tech hub?

Is New York's Silicon Alley moving uptown to an unlikely neighborhood? NEW YORK (CNNMoney) Yet Harlem is getting a tech-led makeover, thanks to a new series of economic development initiatives aimed at combating the neighborhood's infamous high...

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VW's U.S. plant to add 2,000 jobs

A concept version of the new Volkswagen SUV to be built at its plant in Tennessee. NEW YORK (CNNMoney) The German automaker says it is investing $600 million in the plant to build the seven-passenger vehicle by the end of 2016. The plant,...

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The bull is back! Dow hits record high

The Dow hit a new all-time high Monday morning as investors cheered more mergers and Citigroup earnings. NEW YORK (CNNMoney) The Dow is up more than 125 points in early trading and hit a new peak of 17,085 at one point. The S&P 500 and Nasdaq...

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Drug maker willing to pay more to escape U.S. tax

LONDON (CNNMoney) That would enable AbbVie (ABBV) to switch its home base to the U.K. and pay a lower rate of tax. The latest bid of £31.4 billion pounds ($54 billion) is the fifth since early May, and is 35% higher than the original offer. ...

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Citi inks $7 billion mortgage settlement

NEW YORK (CNNMoney) It includes $4 billion in penalties, $2.5 billion in mortgage modifications and other relief to homeowners, and $500 million going to a number of states and the Federal Deposit Insurance Corp. The settlement means Citi will...

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Lindt & Sprüngli buys Russell Stover

Swiss chocolatier Lindt & Sprüngli is going to acquire venerable American brand Russell Stover. NEW YORK (CNNMoney) Lindt & Sprüngli said it plans to keep the Russell Stover headquarters in Kansas City, Mo., and will continue improvements...

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Yes, Americans want bacon with that

Seth McCoy uses data from Square to make sure his menu matches up to what customers actually want. NEW YORK (CNNMoney) Square, the mobile payments company used by millions of small businesses, has been compiling information on customer ordering...

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Secrets of successful moms

NEW YORK (CNNMoney) Three successful women, who also happen to have young children, give CNNMoney a look at how they make things work, what it's like to ask for help and what they still struggle to get right. All the moms realized that with success...

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Sotheby's and eBay team up for online art auctions

eBay is partnering with Sotheby's, shown here auctioning a painting by Amedeo Modigliani last year in Paris, to stream its art auctions live online. NEW YORK (CNNMoney) eBay (EBAY, Tech30) and Sotheby's (BID) said that they want to capitalize...

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Adidas pays $1.3 billion in Manchester United deal

Germany was wearing Adidas when it beat Argentina to win the 2014 World Cup. LONDON (CNNMoney) The German sports apparel company has agreed to pay the English soccer club at least £750 million ($1.3 billion) over the period of the contract, more...

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Investors welcome Citi settlement

NEW YORK (CNNMoney) The bank booked a $3.8 billion charge in the second quarter related to a $7 billion settlement it announced Monday with the Department of Justice. Citi said earnings plunged more than 95% to just 3 cents per share in the second...

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Housing market is a 'crapshoot'

Karl 'Chip' Case -- the Case in the Case-Shiller index -- says only buy a house for the long haul. (Photo courtesy of Wellesley College). NEW YORK (CNNMoney) Karl "Chip" Case is an economist whose name is synonymous with home prices. He is co-creator...

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'We're crowdfunding our wedding'

Jamie McGonnigal and his husband Sean Carlson paid for almost a third of their wedding expenses with money they raised in a crowdfunding campaign. NEW YORK (CNNMoney) Unable to afford a wedding on their own or with the help of their parents,...

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