Hot stocks: 5 sizzling performers in May

NEW YORK (CNNMoney) While there were many winners this month (sorry Whole Foods (WFM, Fortune 500) -- you definitely didn't make the cut), check out the rankings of the five hottest companies in the S&P 500 in May. 1. Netflix: Binge watching...

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How Ballmer's $2 billion Clippers deal could pay off

NEW YORK (CNNMoney) But it's not quite as crazy as it seems, even if it's a purchase driven in no small part by the glamor of being a team owner. That's because Ballmer's timing to spend that kind of money for the team couldn't be better. The...

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India's economy still underwhelms

Economic growth in India is much weaker than China. HONG KONG AND LONDON (CNNMoney) The disappointing number, released Friday, underscores the challenge facing India's newly-installed Prime Minister Narendra Modi as he takes over Asia's third...

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Score! MSG stock up after Clippers buy, Rangers win

NEW YORK (CNNMoney) Shares of MSG (MSG) -- the owner of the New York Knicks and Rangers -- popped as much as 4% on Friday in the wake of Ballmer's bid to buy the Los Angeles Clippers and the Rangers' first appearance in the Stanley Cup Finals in two...

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Europe, Ukraine avoid gas disaster (for now)

Russia will keep pumping gas to Ukraine, for the time being, under terms of a new deal. LONDON (CNNMoney) Ukrainian authorities have agreed to pay $786 million to settle some debts for Russian gas imports. The deal ensures Russia's state-owned...

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Steve Ballmer will ruin the 'Clippies'

If Steve Ballmer runs the Clippers like he ran Microsoft, could this be far off? NEW YORK (CNNMoney) Dear Clippers fans and Los Angeles basketball fans who can't afford Lakers tickets (sorry if that's redundant): Congratulations on Steve Ballmer...

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Apple stock: How high can it go?

Click here for more information about Apple's stock. NEW YORK (CNNMoney) Apple (AAPL, Fortune 500) stock traded as high as $644 a share on Friday, the top price in more than a year and half. And if Goldman Sachs (GS, Fortune 500) is correct,...

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Stocks hit another record, have a great May

Click the chart for more markets data. NEW YORK (CNNMoney) Here's what you should know: 1. Stocks eke out gains Friday on top of a strong month: The Dow and S&P 500 notched out record closes Friday, while the Nasdaq fell modestly. This...

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Sonic & Chili's: Leave guns at home

Chili's told guests Friday to "refrain from openly carrying firearms into our restaurants." NEW YORK (CNNMoney) Chili's, which is owned by Brinker International (EAT), said Friday, "We kindly ask that guests refrain from openly carrying firearms...

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Want Beyoncé tickets? Wait till the last minute

Beyoncé and Jay-Z will be kicking off their tour at Sun Life Stadium in Miami in June. Last year, she played smaller arenas. NEW YORK (CNNMoney) The reason: Unlike last year, some of the hottest concerts -- Beyoncé, Rihanna, and One Direction...

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INDY: Pagenaud ends Friday on top

By Mark Glendenning Friday, May 30th 2014, 20:31 GMT Simon Pagenaud topped the times in the second of Friday's practice sessions for this weekend's IndyCar races on Belle Isle in Detroit You have viewed over 20 free stories this month. Why stop...

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USC: Westbrook grabs USC pole in Detroit

By Mark Glendenning Friday, May 30th 2014, 22:33 GMT Richard Westbrook used his final flying lap to give Corvette a hometown pole position for Saturday's United SportsCar race on the Belle Isle street circuit in Detroit You have viewed over 20 free...

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NASCAR: Keselowski claims Dover pole

Friday, May 30th 2014, 21:00 GMT Brad Keselowski took a dominant NASCAR Sprint Cup pole as records were broken in qualifying for Sunday's Dover International Speedway round You have viewed over 20 free stories this month. Why stop there? Click...

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FE: Montagny joins Andretti in Formula E

Thursday, May 29th 2014, 13:51 GMT Franck Montagny will race in the inaugural Formula E series with the Andretti Autosport team, the American squad announced on Thursday You have viewed over 20 free stories this month. Why stop there? Click here...

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F1: 'Rookie syndrome' affecting Magnussen

By Ben Anderson Thursday, May 29th 2014, 14:38 GMT Kevin Magnussen is struggling to deal with the fact McLaren's Formula 1 car is not capable of winning races, suffering from what Eric Boullier calls "rookie syndrome". You have viewed over 20 free...

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WRC: Peugeot not interested in WRC return

By David Evans Thursday, May 29th 2014, 16:24 GMT Peugeot Sport director Bruno Famin has ruled out a return to the World Rally Championship any time soon, saying World Rallycross offers better value. You have viewed over 20 free stories this month....

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F1: Boullier agrees with Prost comments

By Ben Anderson Wednesday, May 28th 2014, 14:53 GMT Eric Boullier agrees that McLaren needs to "rethink" its approach to become successful again in Formula 1, following recent criticism of the Woking team by its former driver Alain Prost You have...

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F3: Carlin's Jones ruled out by injury

Wednesday, May 28th 2014, 14:40 GMT Ed Jones will miss the next three rounds of the Formula 3 European Championship as he continues to recovery from an injury he sustained during the Pau Grand Prix earlier this month You have viewed over 20 free...

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FR3.5: Back injury sidelines Vaxiviere

By Glenn Freeman Wednesday, May 28th 2014, 16:51 GMT French racer Matthieu Vaxiviere will miss the next two Formula Renault 3.5 rounds and the Le Mans 24 Hours as a result of a back injury sustained in Monaco. You have viewed over 20 free stories...

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F1: Leimer aims for F1 after Pirelli test

Tuesday, May 27th 2014, 16:15 GMT Reigning GP2 champion Fabio Leimer says he is still aiming to race in Formula 1 after completing his test at the wheel of the Pirelli test car on Tuesday You have viewed over 20 free stories this month. Why stop...

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F1: Fernandes: Caterham is not for sale

Tuesday, May 27th 2014, 19:10 GMT Caterham Formula 1 boss Tony Fernandes has insisted the team's parent company is not for saleYou have viewed over 20 free stories this month. Why stop there? Click here...

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OTHER: Wehrlein, Rosberg in promo accident

Tuesday, May 27th 2014, 19:28 GMT Mercedes DTM racer Pascal Wehrlein has been involved in an incident while with Formula 1 driver Nico Rosberg at a promotional event that left two people injured You have viewed over 20 free stories this month....

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INDY: Andretti open to more Busch outings

By Mark Glendenning Monday, May 26th 2014, 15:12 GMT Michael Andretti says that he is open to working with Kurt Busch again in the future following the NASCAR star's outstanding performance in the Indianapolis 500. You have viewed over 20 free stories...

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F1: Raikkonen still not comfortable with car

By Ben Anderson Monday, May 26th 2014, 15:40 GMT Kimi Raikkonen says he is still not fully comfortable with Ferrari's current Formula 1 car, after his troubled start to the season continued at the Monaco Grand Prix. You have viewed over 20 free...

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WEC: Alonso to give Le Mans 24 Hours start

By Gary Watkins Monday, May 26th 2014, 15:50 GMT Two-time Formula 1 world champion Fernando Alonso will give the start at next month's Le Mans 24 Hours. You have viewed over 20 free stories this month. Why stop there? Click here to find out how...

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F1: Bianchi says Marussia points not luck

By Edd Straw and Jonathan Noble Sunday, May 25th 2014, 19:13 GMT Jules Bianchi believes Marussia's first Formula 1 points finish in the Monaco Grand Prix was not just down to luck, as he feels the team has made genuine progress You have viewed over...

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F1: Turbo failure halted Vettel

By Jonathan Noble Sunday, May 25th 2014, 18:54 GMT Sebastian Vettel's chances of a podium finish in the Monaco Grand Prix were wrecked by a turbo failure on his Red Bull-Renault You have viewed over 20 free stories this month. Why stop there? Click...

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INDY: Hunter-Reay earns first Indy 500 win

By Mark Glendenning Sunday, May 25th 2014, 19:51 GMT Ryan Hunter-Reay triumphed in a thrilling late-race duel with Helio Castroneves to win the Indianapolis 500 You have viewed over 20 free stories this month. Why stop there? Click here to find...

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F1: Wolff explains Rosberg's wild steering

By Jonathan Noble Saturday, May 24th 2014, 17:50 GMT Mercedes motorsport boss Toto Wolff insists there was nothing suspicious about Nico Rosberg's wild steering movements on the entry to Mirabeau during the controversial end to Monaco Grand Prix...

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F1: Kvyat 'lucky' to continue after shunt

By Ben Anderson Saturday, May 24th 2014, 18:05 GMT Toro Rosso's Formula 1 rookie Daniil Kvyat says he was "lucky" to continue qualifying for the Monaco Grand Prix, after striking the barrier in Q1 You have viewed over 20 free stories this month....

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The guy who tried to rig gold prices and cost his bank $44 million

London has been a gold trading center for hundreds of years, and the system for "fixing" benchmark prices dates back to 1919. LONDON (CNNMoney) Nearly two years ago, a Barclays trader took advantage of weak internal controls in a bid to rig the...

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The 3 brands that GM hasn't recalled - yet

NEW YORK (CNNMoney) The truth is there are three GM brands that haven't been recalled in 2014: Hummer, Saab and Oldsmobile. The bad news for GM? It doesn't manufacture those vehicles anymore. GM started phasing out Oldsmobile more than 13 years...

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Friday Links

NEW YORK (CNNMoney) A weekly collection of design, data and interactive links. Photo/Video Stopcycle | Series of 25 small scale sculptures in a loop The Last Memory | 3D animated short about the Baltic Harbour Porpoise Supercell Thunderstorm | Thunderstorm...

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Cut your cooling costs by 30% or more

Having a technician service your central-air system every year or two could help you save up to 10% on your electric bills. (Money Magazine) Below, a few simple steps to trim your bill 30% or more. SAVE UP TO 10% Clear the condenser: Prune...

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Just 2% of GM cars have ignition switch fix

A mechanic at a GM dealership in Michigan replaces an ignition switch on a recalled car. NEW YORK (CNNMoney) GM (GM, Fortune 500) began repairing the 2.6 million recalled vehicles six weeks ago. The automaker says that dealers have made such...

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Seinfeld's 'Comedians in Cars' adding 24 new episodes

Seinfeld's 'Comedians in Cars Getting Coffee' premiers June 19 and now has a sponsor for the next four seasons. Click the image for a gallery of some of the cars, and stars, that have appeared on the show so far. NEW YORK (CNNMoney) This will...

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Federal workers owe IRS the $3.3 billion

When it comes to unpaid taxes, Treasury Department employees have the lowest tax delinquency rate among all federal departments. NEW YORK (CNNMoney) The IRS released data this week showing that roughly 3.3% of federal employees and retirees owed...

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Apple removes weed dealing game from app store

NEW YORK (CNNMoney) The makers of a game called Weed Firm says Apple removed the app from the iTunes App Store this week after hitting No. 1 on the store's download charts. In Weed Firm, players walk in the shoes of pot dealer Ted Growing through...

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Suzuki recalls cars built by GM

NEW YORK (CNNMoney) Suzuki, the Japanese automaker, is recalling 184,000 cars that were built for it in South Korea by GM and sold in the United States. What's not clear, given that Suzuki stopped selling cars in the U.S. last year, is who will...

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I sold my startup to Cisco. Here's why

Dov Yoran, CEO and co-founder of ThreatGRID, talks about why he sold his company to Cisco Systems. NEW YORK (CNNMoney) Yoran had grown accustomed to refusing countless tech companies and investors who wanted a piece of his firm's sophisticated...

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INDY: Kanaan quickest on Carb Day

By Mark Glendenning Friday, May 23rd 2014, 16:38 GMT Tony Kanaan led Scott Dixon to a Chip Ganassi Racing 1-2 on Carb Day at Indianapolis Motor Speedway, the final major practice session before the Indy 500 on Sunday. You have viewed over 20 free...

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LIGHTS: Chaves takes dramatic Indy win

By Mark Glendenning Friday, May 23rd 2014, 17:42 GMT Gabby Chaves only led a few inches of the Indy Lights Freedom 100 at Indianapolis Motor Speedway, but it was enough to secure the win and get the Colombian's title bid back on track. You have...

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LIGHTS: Lights racer Austin fractures wrist

By Mark Glendenning Friday, May 23rd 2014, 20:32 GMT Chase Austin suffered a fractured wrist in a crash during the Indy Lights Freedom 100 at Indianapolis Motor Speedway on Friday You have viewed over 20 free stories this month. Why stop there?...

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LIGHTS: Razia takes Lights pole at Indy

By Mark Glendenning Thursday, May 22nd 2014, 22:55 GMT Just two weeks after his pole-to-flag Indy Lights win on the Indianapolis Motor Speedway road course, Luiz Razia secured pole position for Friday's Freedom 100 on the famed oval You have viewed...

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LIGHTS: Indy Lights unveils new 2015 car

By Mark Glendenning Thursday, May 22nd 2014, 22:41 GMT The new Dallara IL-15 Indy Lights chassis was unveiled to the public for the first time at Indianapolis Motor Speedway on Thursday You have viewed over 20 free stories this month. Why stop there?...

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NASCAR: Johnson claims his first pole of 2014

Friday, May 23rd 2014, 00:39 GMT Jimmie Johnson took his first NASCAR Sprint Cup pole position of the year during qualifying for Sunday's Charlotte 600 You have viewed over 20 free stories this month. Why stop there? Click here to find out how...

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F1: Red Bull forced to change camera slot

By Jonathan Noble Wednesday, May 21st 2014, 17:29 GMT Red Bull will have to change the design of the front camera pods on its Formula 1 car from this weekend's Monaco Grand Prix following a clarification from the FIA You have viewed over 20 free...

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F1: New Monaco surface 'a big issue'

By Jonathan Noble Wednesday, May 21st 2014, 17:59 GMT Jenson Button has predicted that major track resurfacing in Monte Carlo is going to make life extra hard for Formula 1 drivers at this weekend's Monaco Grand Prix You have viewed over 20 free...

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F1: Vettel: Mercedes' dominance greater

By Jonathan Noble Wednesday, May 21st 2014, 18:45 GMT Sebastian Vettel thinks Mercedes' current Formula 1 dominance is greater than his Red Bull team has ever had - although he hopes Monaco proves his outfit is closing the gap You have viewed over...

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F3: Russian Orudzhev joins Carlin for F3

By Marcus Simmons Tuesday, May 20th 2014, 16:32 GMT Formula Renault Eurocup driver Egor Orudzhev will make his Formula 3 debut in this weekend's British round at Silverstone. You have viewed over 20 free stories this month. Why stop there? Click...

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F1: Renault expects engine penalties

By Jonathan Noble Tuesday, May 20th 2014, 15:43 GMT Renault fears that some of its Formula 1 drivers are on course to face grid penalties later this year because of early season reliability niggles. You have viewed over 20 free stories this month....

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INDY: Honda wants Ford to reconsider Indy

By Mark Glendenning Tuesday, May 20th 2014, 18:25 GMT Honda's IndyCar project leader is optimistic that Ford will reconsider comments made last week in which the American manufacturer ruled out any IndyCar programme in the foreseeable future You...

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INDY: Busch blames crash on complacency

By Mark Glendenning Monday, May 19th 2014, 19:42 GMT Kurt Busch has admitted that complacency played a role in his crash during practice for the Indianapolis 500 on Monday afternoon You have viewed over 20 free stories this month. Why stop there?...

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INDY: Carpenter backs ovals-only focus

By Mark Glendenning Monday, May 19th 2014, 18:50 GMT Indianapolis 500 pole-sitter Ed Carpenter is confident that his new part-time driver status will not compromise his chances of a good result in the race next weekend You have viewed over 20 free...

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OTHER: Johansson enters Nurburgring 24H

By Gary Watkins Monday, May 19th 2014, 19:59 GMT Former grand prix driver Stefan Johansson will make his Nurburgring 24 Hours debut 31 years after finishing second on the Nordschleife in a Group C Porsche 956 You have viewed over 20 free stories...

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OTHER: Jota wins eventful Imola ELMS race

Sunday, May 18th 2014, 16:28 GMT Jota Sport put its massive Silverstone crash behind it by winning an engrossing European Le Mans Series race at Imola with Simon Dolan, Filipe Albuquerque and Harry Tincknell You have viewed over 20 free stories...

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INDY: Carpenter takes pole for Indy 500

By Mark Glendenning Sunday, May 18th 2014, 19:49 GMT Ed Carpenter will start from pole position for next weekend's Indianapolis 500 after triumphing in the final day of qualifying on Sunday You have viewed over 20 free stories this month. Why stop...

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F1: Sir Jack Brabham dies aged 88

Monday, May 19th 2014, 01:27 GMT Sir Jack Brabham, the three-time Formula 1 world champion, has died at the age of 88. A statement from the Brabham family said that the Australian passed away peacefully at his home on the Gold Coast on Monday...

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GT: WRT Audi's Vanthoor on Brands pole

By Gary Watkins Saturday, May 17th 2014, 18:07 GMT WRT Audi driver Laurens Vanthoor snatched pole position for the first of Sunday's two Blancpain Sprint Series races at Brands Hatch You have viewed over 20 free stories this month. Why stop there?...

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DTM: Molina disqualified, Wittmann on pole

By Andrew van Leeuwen Saturday, May 17th 2014, 20:20 GMT Miguel Molina has been stripped of his pole position for the second DTM race of the season at Oschersleben You have viewed over 20 free stories this month. Why stop there? Click here to find...

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INDY: Carpenter tops day one of qualifying

By Mark Glendenning Sunday, May 18th 2014, 01:46 GMT Ed Carpenter took a step towards a second consecutive Indianapolis 500 pole after setting the top speed on Saturday's opening day of qualifying You have viewed over 20 free stories this month....

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Friday Links

NEW YORK (CNNMoney) A weekly collection of design, data and interactive links.Design/Data vizThe Day's Color | A daily color digestTyler Vigen | Spurious CorrelationsCoconoe | Japanese interactive designDiscover.typography | Portfolio of fonts with...

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Make your desk impress

(Money Magazine) Appearance matters -- and in the corporate world, that applies to your desktop as much as your dress attire. "Your space speaks to your work mentality, creativity, and organizational skills," says Sam Gosling, a psychology professor...

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Where could you get $25 minimum wage?

LONDON (CNNMoney) Labor unions have been campaigning for months to win public backing for a minimum hourly wage of 22 Swiss francs, or nearly $25. The Swiss government and business leaders have warned that the initiative would destroy jobs, hurt...

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Why are bond yields so low?

Bond yields have fallen sharply this year even though many experts thought they would rise due to Fed tapering. NEW YORK (CNNMoney) The yield on the benchmark 10-year Treasury tumbled below 2.5% this week for the first time since Halloween. Many...

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Red Lobster being sold for $2.1 billion

NEW YORK (CNNMoney) Golden Gate may be able to inject some new life into Red Lobster, but the deal is likely to rile up Darden (DRI, Fortune 500) investors. The company's shares fell 4%. Some hedge funds have criticized Darden for how it is handling...

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