Record-Breaking Week on Wall Street
Stocks finished out another record-breaking week. The Dow, S&P and NASDAQ stock indexes have posted four straight weeks of gains. The Dow Jones Industrial average ended the day up 121 points to close the week at 15,354. Year-to-date, the Dow is up 17 percent. … Read More »
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Steak n’ Shake Waitress Scores $446 Tip on $6 Check
If service with a smile results in a good tip, then Steak n’ Shake waitress CeCe Bruce is smiling from ear to ear. Bruce, a waitress for the past two years at a Steak n’ Shake in Indianapolis, is $446 richer after a longtime customer… Read More »
Taco Bell Sued By Prisoner for ‘Stealing’ Doritos Locos Idea
Where do wildly popular fast food ideas come from? According to Gary Cole: Prison. That is the contention of Cole, who claims that it was he who invented Taco Bell’s famous Doritos Locos tacos while doing time in maximum security federal prison in Florence Colorado. He… Read More »
Wal-Mart, Kohl’s, Nordstrom Sales Drop
Morning Business Memo… Some of the biggest names in shopping had a tough first quarter as cautious consumers reduced spending. Wal-Mart, Nordstrom and Kohl’s all reported a small decline in sales, largely because of the rise in payroll taxes that took a bite out of… Read More »
Toner Thief Got $1.5M in Potato Chip Bags
By Chris Kilmer and Gio Benitez Modern workers have struck another form of “black gold”: printer toner, part of the $50 billion per year companies may lose to employees stealing from the office, according to the U.S. Department of Commerce. Marque Gumbs is out on parole… Read More »
College Class of ’13 Racks Up Debt of $35,200
The brutal rise in college costs over the past decade is leading students to take on unprecedented debt with the class of 2013 graduating with debt that averages $35,200, according to a new study by Fidelity. That figure, which includes federal, state and private loans,… Read More »
Is Google This Year’s Apple?
Morning Business Memo… Google’s stock market value is now more than $300 billion. In recent months its shares have been soaring and closed above $900 for the first time, gaining more than 3 percent Wednesday. In the eyes of many investors, Google is making all… Read More »
High Failure Rate In New SUV Crash Test
By Jeanette Torres For the first time, the Insurance Institute for Highway Safety (IIHS) has conducted crash tests on small SUVs to measure front-corner impact, which accounts for about 24 percent of injuries and deaths from frontal crashes. But only two of the 13 vehicles… Read More »
Boxing and Floyd Mayweather: Perfect Storm for Highest-Paid Athlete
The highest-paid U.S. athlete is not endorsed by Nike, nor does he own a clothing line. Boxing champion Floyd Mayweather, Jr. was named the highest-paid U.S. athlete for the second year in a row, but it shouldn’t be a huge surprise, said Stephen Greyser, professor… Read More »
Coffee Date with Tim Cook or Lamborghini?
A 30-minute-to-one-hour coffee date with Apple [NASDAQ: AAPL] CEO Tim Cook was auctioned for $610,000 on Charitybuzz, tying the record for the highest winning bid on that website, which previously went to a 2013 Lamborghini Aventador Roadster sold in March. The date with Cook and… Read More »
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