Tim Cook's salary
Apple CEO Tim Cook was paid a cash salary of $900,000 in 2011, but he was also awarded a one-time stock package that will vest over 10 years. As of April 6, Cook’s stock was worth roughly $634 million.
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A new record for Broadway
The Lion King has dethroned The Phantom of the Opera to become Broadway’s all-time highest grossing show. Cumulative box-office receipts for the Disney megahit are now $853.8 million to Phantom’s $853.1 million. The Lion King’s pricier tickets and bigger theater pushed it past the longest-running show on Broadway, despite opening nearly 10 years after Phantom’s 1988 debut.
Associated Press
Households increase wireless usage
Nearly 32 percent of U.S. households are now served exclusively by cellphones, double the percentage from 2008. Yet 47 percent of AT&T’s revenue last year, and 37 percent of Verizon’s, was generated by services to landlines.
CNNMoney.com
Low repurchase rate among hybrid car owners
Hybrid car owners appear to be a fickle bunch. Only 35 percent of them chose to buy another hybrid model when they returned to dealerships last year, according to R.L. Polk & Co., an automotive consulting firm. If loyal Toyota Prius buyers are factored out, the repurchase rate falls below 25 percent.
Los Angeles Times
A new owner for Buford
The town of Buford, Wyo., population 1, was sold to an unidentified Vietnamese businessman last week for $900,000. Don Sammons, the town’s owner since 1992 and sole resident since 2006, said he auctioned off the 10-plus acres, including a convenience store and gas station, to see what “other adventures I have in store.”
Reuters.com
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The bottom linefeature Working families continue to struggle; The least-trusted industries; The bestselling vehicle; Mobil device use triples; Global unemployment among the young
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The bottom line
feature The cost of e-filing; Dipping into nest eggs early; What Americans are drinking; Planning for death; How tax refunds are spent
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The bottom line
feature 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
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The bottom line
feature Good results for the third quarter; Compensation at financial firms hits a high; Three cities with recovering economies; Good year for car sales; Broadway's best performance ever; Tax bite is less in 2010 than in 1980
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The bottom line
feature Airlines cut domestic flights; Income up in small cities and rural areas; Bond and Lincoln lift box office earnings; Don't be fooled by Black Friday; The high toll of identity theft
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The bottom line
feature The gender pay gap; U.S. economic growth; Parents who argue about money; Online subscriptions rise
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The bottom line
feature Can the U.S. keep up?; Airlines spend billions on runway taxiing; Americans exaggerate their working hours; The Dow Jones's 67.9 percent gain; Success and summer babies
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The bottom line
feature Consumer confidence jumps; Wall Street cuts jobs, raises pay; Goldman Sachs's muppet hunt; Desktop web searches decline; Pizza Hut scraps debate freebie