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)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Create an account with the same email registered to your subscription to unlock access.
-
'Republicans want to silence Israel's opponents'Instant Opinion Opinion, comment and editorials of the day
-
Poland, Germany nab alleged anti-Ukraine spiesSpeed Read A man was arrested over a supposed Russian plot to kill Ukrainian President Zelenskyy
-
Today's political cartoons - April 19, 2024Cartoons Friday's cartoons - priority delivery, USPS on fire, and more
