GOOD DAY FOR: Cows, as the economic downturn has budget-conscious shoppers “trading down” from beef and pork to chicken, according to Safeway and Deutsche Bank. Poultry farms and processors stand to gain from the trend, as well as from a drop in grain prices. (Bloomberg)
BAD DAY FOR: A divorce, after Bernard Madoff’s lawyer asked the courts to shield the Madoffs’ $7 million New York penthouse and another $62 million in assets from victims of his alleged Ponzi scheme, on the grounds that they belong to Madoff’s wife, Ruth. The assets “are unrelated to the alleged Madoff fraud and only Ruth Madoff has a beneficial interest in these assets,” said Madoff lawyer Ira Sorkin. So far, $970 million has been recovered for defrauded Madoff investors. (AP in Yahoo! Finance)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- What is driving the increasingly weird behavior of the polar jet stream?
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- How our botched understanding of 'science' ruins everything
- Christians have no moral rationale for spanking their children
- 43 TV shows to watch in 2014
- 6 things the happiest families all have in common
- 10 things you need to know today: September 23, 2014
- Should you hope to die at 75? Absolutely not.
- The science of sex: 4 harsh truths about dating and mating
- 4 simple steaks you can cook in a pan
Subscribe to the Week