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ABC News: Business 

Best Memorial Day Weekend Sales

Memorial Weekend sales at some national retailers have started as early as Tuesday, so shoppers may want to find what they are looking earlier than later, according to Thayer Meicler, co-founder of the free location-based app SaleSorter.

McDonald's CEO Scolded By 9-Year-Old

Don Thompson may be CEO, director and president of McDonald's Corp., but he still has to answer to a nine-year old girl who accuses the fast food giant of trying to "trick kids into eating food that isn't good for them."

Photos: Builder Makes World's Largest Lego Model

Star Wars LEGOs big and small.

'Big Gas' Ad Is Kmart's Latest Promotion to Play on Words

Kmart’s new ad is a gas. Literally. In its new tongue-in-cheek ad “Big Gas,” the retailer promotes a special discount on gas. Throughout the spot, customers praise the “big gas” savings and “big gas” prices, but their repeated, rapid use of the phrase makes it...

Kid to McDonald's: Stop Tricking Us

Morning Business Memo… A 9 year-old girl has chewed out the top executive at McDonald’s for “tricking kids into eating your food.” The rare confrontation happened as CEO Don Thompson answered shareholders’ questions at the fast food company’s annual meeting in Oak Brook, Ill., Thursday....

Photos: Katy Perry's Hollywood Home

Katy Perry has reported bought three adjoining pieces of property for $11.2 million, according to The Real Estalker blog, one of which holds a modern home previously owned by Conan O'Brien's band leader Max Weinberg. The Weinberg home was purchased for $3 million by a trust held by Katy Perry's manager. Built in 1953, the home has 5 bedrooms and 3 bathrooms.

9 Tips to Finding Cheaper Gas on Memorial Day Weekend

GasBuddy's secrets for how to pay less at the pump.

Cheaper, Store-Brand Sunscreens Offer Better Protection

You might think that a costly sunblock would be better at blocking UVA and UVB rays than a store brand at, say, Walgreens. However, according to Consumer Reports’ annual sun survey, that’s wrong. In tests of 12 sunscreen lotions and sprays to gauge their effectiveness...

Watch: NJ Bars Accused of Serving Cheap Booze

State investigators accuse bars, restaurants of selling cheap liquor in premium brand bottles.

New Home Sales Rise, Jobless Claims Drop

Sales of new homes rose in April rose nearly 30 percent compared with a year ago, according a to a report by the Commerce Department. This is the latest evidence of a recovering housing market, six years after the housing bubble burst leading to a...

Bars Accused of Booze Fraud, Serving Rubbing Alcohol

New Jersey investigators are investigating 29 establishments for serving customers cheaper booze as a substitute for top-shelf liquor, including one that allegedly offered rubbing alcohol and food coloring as scotch. “This alleged scheme is a dishonest ruse to increase profits, and it is a slap...

Borders Card Holders Left With Squat

A judge ruled on Wednesday that customers who hold $210.5 million in gift cards from the defunct Borders chain aren’t eligible for refunds. About 17.7 million gift cards were outstanding when Borders began liquidating its stores in July 2011 after failing to attract offers for...

Photos: Ellen Buys $26.5M Home

Talk show host Ellen DeGeneres and wife Portia de Rossi have reportedly picked up another property -- this time in Montecito, Calif. The real-estate happy couple bought the home for $26.5 million, according to TMZ. On 13 acres with ocean views, the home has six bedrooms and nine fireplaces. With a horse ranch still in tow, the couple sold their home in Malibu last year that previously belonged to

Global Stocks Plunge After Japan Selloff

Morning Business Memo… Wall Street may be in for a wild ride today after a sharp retreat for stocks in Japan. US stock futures dropped after the Nikkei index in Tokyo plunged 7.3 percent overnight, its worst one-day loss in more than two years. Global...

Nearly Free Electric Car Leases in a State Near You?

Accustomed to their gas-guzzling companions, many Americans are hesitant to buy an electric or hybrid vehicle. But dealers and government incentives are luring drivers into the fold. John O’Dell, senior green car editor for Edmunds.com, has leased a Nissan Leaf with his wife for the...

Top 10 Highest-Paid CEOs

Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years.

Afghanistan Pizza Delivery Sets Record

A pizza mission to U.S. military service members in Afghanistan has made the Guinness Book of World Records as the largest pizza delivery. The non-profit, Pizza 4 Patriots, a 501(c)3 registered non-profit based in Illinois, has been sending pizzas to military service members abroad for...

Mo. Cashier Sells Herself $1M Powerball Ticket

If Maryjane Hart considered herself the luckiest woman in Doniphan, Mo., for having her health, three grown kids and two steady jobs before last Saturday, she’s really lucky now. The 57-year-old divorced convenience store clerk and pharmacy technician won $1 million in last Saturday’s $590...

Getting the Most Out of Travel Rewards

Airline miles are some of the most coveted credit-card rewards out there, but they're also among the least understood. And that's simply because they're hard to pin down: the value of your traditional mile is fickle, changing from one booking to the next, even if you swiped your card just as much as your normally would.

Scammers Steal Gas Station

Customers of the SuperAmerica gas station in Waconia, Minn., about 35 miles southwest of Minneapolis, were in for a treat to see discounted gas prices and tobacco products sold at half off over the weekend, not realizing that the new station owner was an...

Watch: Scammer Holds Sale at Gas Station, Runs Off With Cash

Suspect pretended to buy a Minnesota gas station and then sold fuel at cut-rate prices.

Inventory Your Stuff Before Storm Strikes

Dramatic scenes of tornado-wrought devastation and wrecked properties in Oklahoma this week are another potent reminder to renters and homeowners all across the country to take an inventory of everything they own before a storm hits. It can make a big difference if your household...

FEMA to Give Some Relief in Okla.

Even for those who don't lose a loved one after a tornado, the process to rebuild is "long" and "emotional," according to Tammy Cady, 59, who survived the tornado that hit Joplin, Mo. on May 22, 2011.

Goodbye Pension, Hello Cash: Danger Ahead

The Bible says Jacob's brother sold his birthright for a mess of stew. Today, warn financial watchdogs, America's pensioners are in danger of accepting what can sometimes be a comparably smelly deal: "Sell us your pension benefits," say advertisement, "and we'll give you one big lump sum now, up front."For somebody who's facing doctor bills or has missed a mortgage payment, a lump sum can be tempt

No Summer Slowdown for GM, Ford

Morning Business Memo… Thousands of US auto workers may have to cancel their vacation plans. Growing consumer demand for cars and trucks has the industry changing its usual summer vacation schedule. Ford says the traditional two-week summer break is being cut to a single week....

Photos: Drew Barrymore Lists Home

Actress Drew Barrymore listed her home in the Santa Barbara, Calif. area for $7.5 million just a year after getting married to husband Will Kopelman. Barrymore reportedly bought the 6-bed home in June 2010 for $5.705 million, as first reported by the Real Estalker and Zillow. The secluded home has a separate guest house with two vintage refrigerators, plus citrus and avocado trees outdoors. Barrym

Man, 91, Hits Goal to Fight Eviction

A 91-year old man in Zaleski, Ohio, hopes to buy back his home before his daughter has the chance to evict him from it.

Watch: Apple CEO: 'We Pay All the Taxes We Owe'

Timothy Cook calls for simplification of U.S. tax code in his Senate testimony.

Apple CEO: 'No Tax Shifting Going On'

Apple [NASDAQ: AAPL] chief executive Tim Cook donned a suit and tie in his rare appearance at a Senate hearing about the tech company's offshore revenue and taxes, hoping for "comprehensive tax reform to be passed this year."

Nutella Crisis Averted as Maker Caves

Fans of Nutella can once again breathe easy—at least the ones not allergic to nuts.


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