The price of gasoline last week hit another, inflation-adjusted high, surging 7 cents to $3.26 for a gallon of self-serve regular, according to the latest Lundberg survey. Newark, N.J.’s average price of $3.03 was the nation’s lowest. San Franciscans paid the most, $3.66.
CNNmoney.com
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Starbucks baristas in California got a big tip last week, after a state judge ruled that the coffee chain improperly allowed management employees to share in tips. If the ruling is upheld, about 100,000 current and former baristas will share in a $105 million payout.
The New York Times
Fox overtook CBS this week as the most watched network, on the strength of its American Idol, Cops, and America’s Most Wanted franchises. CBS had held the top rank for five seasons. “Fox has been harmed the least by the writers’ strike of any of the broadcast networks,” said Horizon Media analyst Brad Adgate. “This could be just temporary.”
Los Angeles Times
Jordan’s, a Boston-area furniture chain, is offering customers free furniture if the Red Sox sweep the 2008 World Series, as they did last year. In 2007, the store offered customers free furniture if the Sox merely won the World Series; some 24,000 customers collected on the giveaway, which was funded through an insurance policy.
The Boston Globe
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Quiz of The Week: 16 – 22 AugustQuiz Have you been paying attention to The Week's news?
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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