GOOD DAY FOR: Golden parachutes, after InBev revealed in an SEC filing that it will pay Anheuser-Busch CEO August Busch IV almost $10.4 million after its takeover of Busch’s beer empire closes, plus $120,000 a month in consultant fees through 2013. Busch will also be eligible for $13.3 million more in benefits and payments related to the $52 billion merger. (AP in CNNMoney.com)
BAD DAY FOR: Gold bugs, as the precious metal has fallen 20 percent since July 15, to its current price just below $800 an ounce, due to a stronger dollar, a seasonal drop in jewelry sales, and sliding commodity prices. Gold hit a nominal record high of $1,033.90 in March, although the inflation-adjusted record still dates back to 1980, when it traded at $2,170 in today’s dollars. (CNNMoney.com)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
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- Innocent before proven guilty? The bizarre bipartisan rush to clear Rick Perry
- 7 grammar rules you really should pay attention to
- 7 of the scariest spiders in existence
- This is why you can't trust the NSA. Ever.
- Don't listen to Paul Ryan: The GOP is still the party of makers and takers
- 4 things NASA can teach you about a good night's sleep
- Internet piracy isn't killing Hollywood
- Why isn't 'Arkansas' pronounced like 'Kansas'?
- The persuasive power of the sugar cube pyramid
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