China's wealthy lawmakers
China’s legislators make U.S. lawmakers look like paupers. Last year, the 70 richest members of the Chinese legislature added more to their wealth—$11.5 billion—than the combined net worth of all 535 members of Congress, President Obama, the entire Cabinet, and the Supreme Court.
Google's move into TV
Google has applied for a license to offer a service similar to cable TV to residents of Kansas City, Mo., which it chose last year as a test market for a high-speed fiber-optic Internet service. The move into TV would pit Google against cable companies like Time Warner and Verizon.
The Wall Street Journal
Fastenal tops Apple and Microsoft
The top-performing stock of the past 25 years isn’t Apple or Microsoft. It’s Minnesota-based hardware supplier Fastenal, which is up 38,565 percent since the market crash of 1987. Told of the distinction, 72-year-old founder Bob Kierlin said, “Oh wow. Gee. Well, thanks. That’s great news.”
Sheldon Adelson's big bets
Billionaire Sheldon Adelson, who has made headlines by giving lavishly to a pro–Newt Gingrich Super PAC, has made more money since the financial meltdown than any other American. Though his casino empire was nearing default just three years ago, Adelson has made nearly $22 billion since 2009 thanks to big bets on casinos in Macau.
Housing prices in Detroit move up
Detroit was the only U.S. city among the 20 tracked by the Case-Shiller Housing Index to have posted an uptick in average housing prices last year.