CDs news stories on Newser

One of Louis Armstrong's Final Concerts Made Public

Dustin Lushing — Fri, 27 Apr 2012 16:38:54 CDT

One of the final live performances by Louis Armstrong will be released to the public for the first time. The recording is of a concert on January 28, 1971, at the National Press Club in Washington. The legendary trumpeter was a featured act at the concert, held less than six...

Ford Dumping Car CD Players

Evann Gastaldo — Wed, 27 Jul 2011 10:10:05 CDT

Consumers have already started ditching CDs for digital music , and now the auto industry may be catching up. Ford is planning to scrap CD players in its new models, the Daily Mail reports. In the newest Focus model, a USB plug will allow drivers to use their digital music players....

Wendy's Yanks 'So Horny' CDs From Kids Meals

Polly Davis Doig — Sun, 13 Jun 2010 06:11:07 CDT

Red-faced Wendy's is yanking a disco CD from its kids' meals after parents complained that their wee ones were rocking out to lyrics that included a reference to "so horny," reports the Atlanta Journal-Constitution. Apparently the company that made the CDs for Wendy's accidentally grabbed the, er, adult version of...

Sorry, FDIC Can't Guarantee Interest on That CD

Harry Kimball — Wed, 04 Nov 2009 09:38:29 CST

There’s a little-publicized part of your bank deposit the FDIC doesn’t insure, and it’s driving scrupulous savers up the wall. The logic is simple enough: When the FDIC takes over a failed bank and resells its assets, it allows buyers to alter interest rates, particularly on CDs. This actually makes...

Beatles Remasters Pack a Wallop

Matt Cantor — Tue, 08 Sep 2009 13:40:00 CDT

The Beatles just got better: every one of their original albums and a batch of collected singles has been remastered, boosting the quality to the level “the Beatles themselves would have heard and intended,” writes Matt Hurwitz in the Washington Post . The stereo CDs remind us that the Beatles were...

Music Milestone: Digital Outsells CDs at Atlantic

John Johnson — Tue, 25 Nov 2008 19:41:15 CST

Atlantic Records has become the first major label to pass a high-tech milestone: More than half of its music sales are now from digital products such as iTunes downloads and ring tones for cell phones. Sales of CDs have been declining across the board in recent years, so it was...

Banks Boost Interest Rates to Lure Deposits

Clay Dillow — Fri, 14 Nov 2008 11:03:01 CST

Banks are boosting interest rates on deposits in an effort to increase the supply of cash available for lending, resulting in what one consultant calls a "national price war," the Wall Street Journal reports. Many banks are pinched between the desire to build up deposits and the shrinking profit margins...

Even Money Market Funds Are Risky

Jim O'Neill — Thu, 18 Sep 2008 10:49:31 CDT

As one safe haven after another disappears—from money market funds to stock investments—financial advisers are telling consumers to take a more active role in their planning, reports the New York Times . But first, do your homework and understand what you’re investing in, experts say.

As Digital Gains, Album Sales Plunge 11%

Peter Fearon — Thu, 03 Jul 2008 06:35:12 CDT

CDs continue to go the way of the 8-track, losing further ground to digital music. Another big drop in CD sales is being driven by the closure of Virgin stores and reduced shelf space at outlets like Target. CD sales are off 16% over the last 12 months and total...