Karma Allen, NBR, CNBC.com’s Posts

Finding it hard to flourish in a smartphone-dominated world, in-flight catalog maker SkyMall has filed for bankruptcy, according to a court filing. SkyMall, once the sole catalog provider for airline passengers, has faced increased competition from e-commerce providers, such as Amazon.com and eBay.com. CEO Scott Wiley called the company a victim of evolving technology, dogged …

IBM delivered mixed quarterly results on Tuesday After the earnings announcement, the company’s shares fell 2 percent in after-hours trading. What is IBM stock doing now? (Click here to get the latest quotes.) The company posted fourth-quarter earnings of $5.81 per share, down from $6.13 a share in the year-earlier period. Revenue decreased to $24.11 …

Online sales of Apple products were halted on Tuesday over the volatile ruble. “Due to extreme fluctuations in the value of the ruble, our online store in Russia is currently unavailable while we review pricing. We apologize to customers for any inconvenience,” the tech giant said in a statement. It’s unclear of how long it …

RadioShack on Tuesday rejected lender Salus Capital’s claim that it breached covenants on a $250 million term loan. The electronic retailer said it plans to “vigorously contest” the allegations, calling them “wrong and self-serving.” “We will do everything we can to assure that these claims do not distract us from our ongoing efforts to rationalize …

Airline shares fell sharply after the CDC and Frontier Airlines said they were searching for 132 Passengers who flew with the latest Texas Ebola patient earlier this week. The NYSE Arca Airline index, Dow Jones Transportation Average and the SPDR S&P Transportation ETF accelerated losses after the news broke. The averages were last trading lower. …

Global airline stocks fell sharply on Wednesday after the U.S. Centers for Disease Control and Prevention confirmed the first case of Ebola in the country. “African travel isn’t a huge part of the travel industry, but it does seem like some parts of the industry are likely to be disrupted from this,” RiverPark Advisors’ Mitch Rubin told Reuters. …

A California-based fruit producer, who ships to retailers including Kroger, Wal-Mart, and Whole Foods, has expanded an earlier recall of certain fruits to include all products packed at its facility due to possible health risk, the company said in an updated statement on Friday. The earlier recall covered specific products packed from June 1 through July 12, while the most …

Campaign supporters fork over millions of dollars on rewards-based crowdfunding sites in exchange for goodwill, a trivial reward like a T-shirt or, some say, nothing more than an empty promise. The crowdfunding sector grew to $2.7 billion in 2012—financing more than 1 million campaigns globally, according to an annual report on crowdfunding from Massolution. That …

Although economists have trimmed their estimates for second-quarter U.S. gross domestic product (GDP) growth, they don’t believe the economy will hit a recession this year or next. The National Association for Business Economics’ Outlook survey of 50 economist, taken just days after the release of the June jobs report, also found economists believe the Federal …

In an open letter to customers, BlackBerry interim CEO John Chen said Monday that he wants to “set the story straight” about the company’s commitment to its enterprise business. “We’re going back to our heritage and roots—delivering enterprise-grade, end-to-end mobile solutions,” he wrote. BlackBerry is “very much alive, thank you,” added Chen in the letter. Chen …

During the Great Recession, shoppers could stroll down just about any major city block and find one, or two, trendy storefront pop-up stores. But those days are long gone. With less vacant commercial retail space available this holiday season, pop-up shops—temporary retail stores—are evolving and finding new outlets. The vacancy decline in fact is a …