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Should you tip the CAA driver?

April 1, 2012

Dear Jeanne & Leonard:
When I had a flat tire recently, I called AAA. It sent a tow truck right out, and I soon had my spare on. I didn

mortgage, news - Comments closed

Kraft gave CEO $15.7 million; 17 percent pay bump

March 27, 2012

Kraft Foods Inc. gave its CEO a pay package worth $15.7 million in 2011, which represents a 17 percent raise from the previous year.
The compensation for Irene Rosenfeld included a salary of $1.5 million, stock and option awards worth $9.7 million and incentive-based compensation of $4.2 million.
All other compensation came to $276,000 and covered costs […]

Australia, legal - Comments closed

U.K. Budget Deficit Doubles as Taxes Fall, Spending Jumps - Bloomberg

March 22, 2012

Britain

economics, technology - Comments closed

Direct Energy changes contract terms with little notice

March 12, 2012

Direct Energy is changing its water heater rental contracts and making it more expensive for customers to switch suppliers or buy their own units.
Right now, customers can remove rented water heaters any time at no cost. They may pay a $75 fee if they want Direct Energy to disconnect, remove and retrieve the tank.
But under […]

marketing, mortgage - Comments closed

Sara Lee spinoff to distribute $4.6B in stock

March 2, 2012

Food company Sara Lee Corp. said Friday that its shareholders will get stock valued at up to $4.55 billion when it spins off its international coffee and tea business later this year.
The coffee and tea business, which includes brands such as Senseo and Pickwick Teas, will also move its headquarters from Utrecht to Amsterdam in […]

Australia, economics - Comments closed

India Said to Propose BRICS Bank to Finance Developing Nations

February 25, 2012

India has proposed setting up a multilateral bank that would be exclusively funded by developing nations and finance projects in those countries, two government officials with knowledge of the matter said.
The plan has been circulated to the countries in the so- called BRIC group — Brazil, Russia, India and China — as well as […]

legal, technology - Comments closed

Japan Trade Deficit Widens as Exports Slump - Bloomberg

February 20, 2012

Japan posted a record trade deficit in January as the yen

Australia, technology - Comments closed

FarmVille-opoly? Hasbro inks deal to make Zynga games

February 12, 2012

Can’t get enough of those virtual cows and crops from FarmVille? Good news, agrarians: Zynga toys and games are coming this fall.
Hasbro (), the big-time toy company responsible for My Little Pony and Monopoly, announced Thursday that it has bought the rights to license Zynga brands for a "wide range" of products.

Mark Pincus, the […]

lenders, marketing - Comments closed

China

February 10, 2012

China

legal, online - Comments closed

Spanish Unemployment Grows Most in Three Years as Recession Looms: Economy - Bloomberg

February 2, 2012

Spanish unemployment registrations jumped by the most in three years in January as the economy edged into its second recession since the end of 2009.
The number of people signing on for jobless benefits increased by 177,470 to 4.6 million, the Labor Ministry in Madrid said in an e-mailed statement today. That was the biggest […]

marketing, term - Comments closed