Bad times for start-ups
The number of start-up companies with at least one employee fell by 100,000, or 2 percent, in the year ending March 31, the Labor Department said last week. That’s the second-worst 12-month period for start-ups in 18 years, trailing only the previous year’s 3.4 percent drop.
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Tuition creeps up at public colleges
In the past 10 years, the average tuition at four-year public colleges rose 5.6 percent, compared with a 3.3 percent increase in the prior decade.
247WallSt.com
The Chevrolet Volt wins an award
The Chevrolet Volt, which goes on sale in December, has been named Motor Trend’s Car of the Year for 2011. The electric hybrid, says the magazine, contains some of the most advanced engineering ever seen in an American car, and its lower operating costs make it a good value, despite its $41,000 sticker price.
Motor Trend
The futures market in baseball
Some U.S. investors are playing a new futures market: young Dominican baseball prospects. Investors either finance Dominican trainers or start their own baseball academies. When a sponsored player signs with a U.S. team, the investors claim up to half the signing bonus.
The New York Times
The latest gadget: Steve Jobs action figure
Chinese gadget blog and retailer M.I.C Gadget has unveiled a Steve Jobs action figure. The figure, “taller than an iPhone, shorter than an iPad,” sports the Apple CEO’s trademark jeans and black turtleneck. A production run of 300 figures sold out quickly; it’s doubtful more will be ready by Christmas.
Gizmodo.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