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Apple Won't Accept Cash for iPads

Only those with plastic need apply

(Newser) - A tale of woe from one would-be iPad owner in Palo Alto reveals a strange fact: Apple's stores won't accept cash for the device. A disabled woman on a fixed income learned about the sales policy after saving up her 600 bucks only to be turned away at the counter,...

Straighten Out Your Finances in 2010
 Straighten Out 
 Your Finances 
 in 2010 
resolutions

Straighten Out Your Finances in 2010

Some simple moves can net $1K or more

(Newser) - On the eve of the first serious workday of the New Year, take a hard look at your finances and see where you can cut back in 2010. A relatively small investment in time can result in some serious savings, Kathy Kristof writes for the Los Angeles Times :
  • Save automatically:
...

Holiday Shoppers Ditched Credit Cards

Most used cash or debit cards to snag bargains

(Newser) - Recession-strapped Americans may have developed a plastic allergy—only 26% of Thanksgiving weekend shoppers used credit cards. Though consumers proved willing to spend over the holiday weekend, they seem to be changing how they spend: a whopping 39% used old-fashioned greenbacks, with debit cards making up the rest, according to...

Touch of Money Can Help You Resist Pain

(Newser) - The feel of green can make people more resistant to low-level pain, NPR reports. Building on earlier research about the psychological power of money, experts in China conducted a study asking subjects to dip their fingers in water heated to 122 degrees Fahrenheit; those who had counted money ahead of...

31 Things Men Can't Go Without
 31 Things Men Can't Go Without 

31 Things Men Can't Go Without

(Newser) - There are certain things men cannot do without, that if lost “we would briefly mourn and immediately replace.” Esquire offers up 31 male necessities.
  • Cast-iron skillet: "it will last longer than you."
  • Waiter's corkscrew: corkscrews should not "require instruction manuals."
  • WD-40: "a man's
...

Exxon, Chevron Scramble to Protect $40B Cash Booty

(Newser) - In times like these, everyone’s got problems. Exxon and Chevron? Finding safe places to stash $40 billion they stockpiled while oil prices were stratospheric last summer. “The biggest challenge we’ve had is making sure all the cash is there every morning,” Exxon’s CEO tells Bloomberg,...

GM Loses $9.6B in Q4, Guzzles $6.2B in Cash

Misses estimates, stock tanks

(Newser) - General Motors burned through $6.2 billion in cash on its way to losing $9.6 billion in the fourth quarter, the company announced today, dragging its liquidity down to $14 billion. Analysts were expecting a loss, but not one this ghastly—the company’s stock is down nearly 24%...

22-Year-Old's Virginity Auction Tops $3.7M

Grad student says 10,000 men have bid for night of passion

(Newser) - The 22-year-old woman who is auctioning her virginity says she's received some 10,000 bids topping $3.7 million, the Telegraph reports. The offers range the “graphically sexual” to “polite requests from rich businessmen,” says the girl, who goes by “Natalie Dylan” in the auction. “...

Blockade Forces Gaza Banking Crisis

(Newser) - An ongoing Israeli embargo has cut off cash flow in Palestine's Gaza Strip and forced banks there to close, the Financial Times reports. With a Muslim holiday approaching on Monday, tens of thousands are said to be broke; some stormed an insolvent bank this week, prompting officials to shut down...

Cash Makes a Comeback
 Cash Makes a Comeback 

Cash Makes a Comeback

But cash isn't king for retailers, who'll likely see bigger drop in sales

(Newser) - Americans are reverting to cash for purchases in increasing numbers, according to top retailers Wal-Mart, Target and JC Penney. The shift away from credit is expected to further reduce spending by consumers—who will be limited to cash-on-hand purchases—not just during the holiday season, but during what could be...

GM Loses $4.2B, Has Little Cash
 GM Loses $4.2B, Has Little Cash 

GM Loses $4.2B, Has Little Cash

Talks with Chrysler dead

(Newser) - General Motors is almost out of money, the company said today, reporting a quarter far worse than Wall Street was prepared for. The nation’s largest automaker lost $4.2 billion, or $7.35 a share, excluding special items, nearly double the $3.70-per-share analysts expected. After burning through $6....

Dying Loner Leaves Behind $260K in Cash

Surprise inheritance goes to long-lost granddaughter

(Newser) - A peripatetic Chicago-area retiree who spent the past few years living out of a van left a surprise when he died in a motel room last March: $263,000 in small bills in a vinyl suitcase. Police searched for months for an heir to 82-year-old John Grant’s life savings,...

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