The bottom line
Building bigger houses; And tuition at OSU is?; Christmas at McDonald's; Self-gifting at Christmas; Lloyd’s prepares for Hurricane Sandy claims; Google's billions
Building bigger houses
Are bigger houses making a comeback? The average size of a newly built home jumped 3.7 percent in 2011, from 2010, the first annual increase since 2007, according to the U.S. Census Bureau.
CNBC.com
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And tuition at OSU is?
Ohio State University President E. Gordon Gee earned $1.9 million last year, making him the highest-paid public-university president in the U.S. He also submitted $1.7 million in expenses for private jets, country club dues, and fundraising parties.
Bloomberg.com
Christmas at McDonald's
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McDonald’s is urging its franchises to stay open on Christmas Day, saying stores that did so last year had average daily earnings of $5,500. “Our largest holiday opportunity as a system is Christmas Day,” COO Jim Johannesen wrote in an internal memo.
Advertising Age
Self-gifting at Christmas
Consumers are looking out for themselves. In mid-December, one third of Christmas shoppers said they had engaged in “self-gifting,” up from 19 percent last year and 12 percent in a typical pre-recession year.
TheDailyBeast.com
Lloyd’s prepares for Hurricane Sandy claims
Lloyd’s of London expects claims of up to $2.5 billion from Hurricane Sandy and said it would easily meet them. “The market’s total exposure is well within the worse-case scenarios we model and prepare for,” CEO Richard Ward said.
Reuters.com
Google's billions
Google made more than $20 billion in ad revenue this year, more than all U.S. print media combined. In 2006, magazines and newspapers sold $60 billion more in ads than Google did.
TheAtlantic.com
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