Top 10 Highest-Paid CEOs
Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years.
Afghanistan Pizza Delivery Sets Record
A pizza mission to U.S. military service members in Afghanistan has made the Guinness Book of World Records as the largest pizza delivery. The non-profit, Pizza 4 Patriots, a 501(c)3 registered non-profit based in Illinois, has been sending pizzas to military service members abroad for...
Mo. Cashier Sells Herself $1M Powerball Ticket
If Maryjane Hart considered herself the luckiest woman in Doniphan, Mo., for having her health, three grown kids and two steady jobs before last Saturday, she?s really lucky now. The 57-year-old divorced convenience store clerk and pharmacy technician won $1 million in last Saturday?s $590...
Getting the Most Out of Travel Rewards
Airline miles are some of the most coveted credit-card rewards out there, but they're also among the least understood. And that's simply because they're hard to pin down: the value of your traditional mile is fickle, changing from one booking to the next, even if you swiped your card just as much as your normally would.
Scammers Steal Gas Station
Customers of the SuperAmerica gas station in Waconia, Minn., about 35 miles southwest of Minneapolis, were in for a treat to see discounted gas prices and tobacco products sold at half off over the weekend, not realizing that the new station owner was an...
Inventory Your Stuff Before Storm Strikes
Dramatic scenes of tornado-wrought devastation and wrecked properties in Oklahoma this week are another potent reminder to renters and homeowners all across the country to take an inventory of everything they own before a storm hits. It can make a big difference if your household...
FEMA to Give Some Relief in Okla.
Even for those who don't lose a loved one after a tornado, the process to rebuild is "long" and "emotional," according to Tammy Cady, 59, who survived the tornado that hit Joplin, Mo. on May 22, 2011.
Goodbye Pension, Hello Cash: Danger Ahead
The Bible says Jacob's brother sold his birthright for a mess of stew. Today, warn financial watchdogs, America's pensioners are in danger of accepting what can sometimes be a comparably smelly deal: "Sell us your pension benefits," say advertisement, "and we'll give you one big lump sum now, up front."For somebody who's facing doctor bills or has missed a mortgage payment, a lump sum can be tempting. Partly for that reason, pensioners in growing numbers are accepting such offers, say financial regulators. But not all offers are legal, and some contain hidden costs.
No Summer Slowdown for GM, Ford
Morning Business Memo? Thousands of US auto workers may have to cancel their vacation plans. Growing consumer demand for cars and trucks has the industry changing its usual summer vacation schedule. Ford says the traditional two-week summer break is being cut to a single week....
Photos: Drew Barrymore Lists Home
Actress Drew Barrymore listed her home in the Santa Barbara, Calif. area for $7.5 million just a year after getting married to husband Will Kopelman. Barrymore reportedly bought the 6-bed home in June 2010 for $5.705 million, as first reported by the Real Estalker and Zillow. The secluded home has a separate guest house with two vintage refrigerators, plus citrus and avocado trees outdoors. Barrymore also owns another home in Calif. that she bought in 2002.
Apple CEO: 'No Tax Shifting Going On'
Apple [NASDAQ: AAPL] chief executive Tim Cook donned a suit and tie in his rare appearance at a Senate hearing about the tech company's offshore revenue and taxes, hoping for "comprehensive tax reform to be passed this year."
JPMorgan's CEO Keeps Dual Role
JPMorgan Chase shareholders voted to allow chief executive Jamie Dimon to keep his dual role as CEO and chairman of the board of directors, which critics say gives him too much risky power over the biggest bank in the U.S. by assets.
Apple CEO Defends Offshore Tax Policy
In advance of Apple CEO Tim Cook's testimony later today, in Washington, on the way Apple avoids paying U.S. taxes on money it earns overseas, both Apple and congressional investigators tried to get in a preemptive kidney-punch or two. Monday night Apple released an advance copy of Cook's testimony. Its 17 pages of self-defense are clear, blunt, unambiguous: Apple, Cook declares, "does not use tax gimmicks." It pays "an extraordinary amount" in U.S. taxes?nearly $6 billion last year, making it "likely the largest corporate income tax payer in the U.S." Its' effective tax rate last year, he says, was approximately 30.5 percent.
Photos: Rocker Buys Soap Star's Home
The frontman of indie band Foster The People, Mark Foster, bought a ranch-style 3-bed home in Hollywood Hills from ABC's "General Hospital" actor Maurice Benard, who plays Michael "Sonny" Corinthos, Jr., according to the Real Estalker blog. Foster, 28, paid $2.155 million, lower than the original listing of $3.599 million in 2008. Foster's vocals lead the band's popular song "Pumped Up Kicks". Benard and his wife snagged the home for $420,000 in 1997 and underwent a renovation. The home was on and off the market since 2008. The home spans 4,637-square feet and sits on more than 1.2 acres.
JPMorgan Chase Shareholder Showdown
Morning Business Memo? A shareholder showdown today at the annual meeting of JP Morgan Chase in Tampa. A vote is expected on a proposal to separate the jobs of chairman and CEO at the big bank. If the effort started by several large pension funds...
Florida Man Bags Record Python
After a fierce battle near the Everglades, a Florida man bagged a record 18-foot, 8-inch python, according to the Florida Fish and Wildlife Conservation Commission. Jason Leon, an amateur python collector, said he was driving in the northwestern part of Miami-Dade County ? where the...
14 Best Jobs With No Need for College
While one's earning potential increases with a college degree, you don't necessarily need to spend $40,000 a year for a diploma for a job that pays as much.
Gas Prices Spike Ahead of Holiday
It?s almost Memorial Day and the price of driving for the first holiday weekend of the summer just got a bit higher. The weekly average price of a gallon of regular gas is $3.67, up 7 cents from a week earlier, according to the Department...
Colgate Planning Caffeinated Brush?
News reports suggest Colgate-Palmolive applied to patent a caffeinated toothbrush, but the actual patent application only referred to a proposed device that hypothetically could release caffeine or any other substance or flavoring, and create sensations in a user?s mouth. So maybe they did plan a...