Money Matters - Simplified


Padma Lakshmi, Adam Dell fighting for custody of daughter

Bravo's 'Top Chef' star Padma Lakshmi is embroiled in a custody battle with venture capitalist Adam Dell to keep her toddler daughter, Krishna.

GM Recalling 109,000 Vehicles


General Motors (NYSE: GM) said today that it is recalling about 109,000 vehicles because of two concerns that could cause the rear axle to lock and the passenger-side airbag not to work.

Kardashian and Aubry break up

Los Angeles -- U.S. reality TV star Kim Kardashian and fashion model Gabriel Aubry are no longer dating, a source told Tuesday.

The couple dated for several weeks before deciding their relationship "was moving too fast," the unnamed insider said.

They are "better off as friends," the source told
Aubry has a 2-year-old daughter with actress Halle Berry, who he broke up with last April after five years together.

Kardashian dated professional football player Miles Austin for a few months before splitting from him in September.

Copyright 2010 United Press International, Inc. (UPI).

Dex One Shares Popped: What You Need to Know

 Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

5 Beaten-Down Stocks Actually Worth Buying

 One man's trash, they say, is another man's treasure. For investors that are willing to hold their noses and go dumpster diving, this can certainly be true in the stock market. Those that have tuned in for a few of my columns know that my usual modus operandi is to find high-quality companies that show love for their investors through dividends. And while strong dividend payers do make up most of my portfolio, my holdings aren't quite that one-dimensional.


Toyota recalls 2004-2007 Prius

Torrance, Calif. -- Japanese auto maker Toyota Motor Corp. confirmed it would recall 2004-2007 model year Prius vehicles due to faulty water pumps.

The water pumps are allowing air bubbles to enter the cooling systems, which slows water circulation and reduces performance, Mibz reported Tuesday.

The problem, which has not caused any accidents or personal harm, could result in reduced power.

Triangle Biz Journal said 378,000 U.S. Prius were affected by the recall.
Globally, about 650,000 Prius vehicles were involved, Mibz reported.

Toyota said it would contact Prius owners and begin repairs in December.

Madonna is D&G's lucky star no longer

New York -- Fashion house Dolce & Gabbana has dropped Madonna as a model for its spring 2011 campaign in favor of Victoria's Secret models.

The Michigan-born pop star had fronted the Italian brand's sexy campaigns for two seasons.

Victoria's Secret models Izabel Goulart, Alessandra Ambrosio, Maryna Linchuk and Isabeli Fontana shot the spring 2011 ad campaign with photographer Steven Klein on Thursday, New York magazine reported. Three of them had walked the Victoria's Secret runway just the night before.

Harvard study finds obesity contagious

People in contact with Obese people rea t a higher risk of becoming obese

A recent Harvard study has predicted that obesity figures in America are likely to reach 42 percent before stabilising.

GM bids adieu to Pontiac

Pontiac cars, which once adorned the streets and drive ways across America, have been taken out of production by brand owner, General Motors (GM) on Sunday.

Toyota to expand on Prius line

Torrance, Calif. -- Japanese automaker Toyota plans to expand its Prius lineup, including a larger model to shake off the image of hybrid cars as small vehicles, auto dealers said.

The automaker plans to have two Prius models in showrooms by 2013, said dealers who were told of the company's plans, the Detroit Free Press reported Friday.

"There's two of them -- a bigger one and one that's close to the size of the current one," said Todd McCallum, operations director of LaFontaine Automotive Group, a Michigan firm.

Toyota spokesman Joe Tetherow confirmed the news.