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
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 […]
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 […]
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 […]
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 […]
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 […]