The cult hit's online-only revival uses a novel sliding pay scale for the increasingly famous cast.
Jeff Bezos is personally leading a $5 million investment round in the business news site.
Well, Bezos and Blodget (pictured) are back, though on a much smaller scale. The Amazon CEO is leading a round of $5 million in venture funding for Business Insider, Blodget's business news site. Bezos is investing personally, and not using Amazon cash, through his investment arm Bezos Expeditions, Bloomberg reported.
Other investors in the round include RRE Ventures and Institutional Venture Partners.
There appear to be no issues with Bezos investing in a site that gives considerable coverage to Amazon.
The very rich pocketed almost $30 million in jobless payments in 2010, a jump of 44% from only a year earlier.
The very rich are a lot like the rest of us when it comes to losing a job: They receive unemployment benefits, just the same as a millworker or office assistant.
What's startling about the trend is that the number of millionaires receiving unemployment benefits has skyrocketed, with nearly 3,200 households earning adjusted gross income of more than $1 million receiving jobless payments in 2010, according to Bloomberg.
That means the government shelled out $29.9 million in jobless benefits to million-dollar earners in 2010, according to Bloomberg, citing IRS data compiled by the media company (2010 is the latest year for which this data is available).
That's what a UK study contends. But that'll get lots of Americans arguing the point over a bourbon till the wee hours.
The study's authors at Lancaster University insist that when the U.K. changed its nationwide pub closing time from 11 p.m. to 5 a.m. -- and eventually to 24 hours a day – more workers began showing up for work late or calling out "sick." Towns that maintained the old closing times apparently didn't see such problems.
Prime Minister David Cameron hasn't exactly been thrilled with the country's reputation as a pub-crawling, football-song-slurring rabble.
The mandatory budget cuts are forcing chemotherapy clinics to make a difficult choice: Turn away patients or risk bankruptcy.
According to The Washington Post's Wonkblog, cancer clinics across the country are turning away thousands of patients after cuts that went into effect on April 1 made administering expensive chemotherapy drugs too costly for many facilities to sustain. Clinics are funneling patients to already busy hospitals while saying that continuing the status quo would bankrupt them in six months to a year.
The cuts are particularly troublesome for Medicare patients, roughly a third of whom are losing their treatments as a result. Lawmakers tried to limit the impact on Medicare patients by keeping cuts to the program at 2%. Unfortunately for cancer patients, that 2% is falling almost squarely on the portion of the program that doles out their drugs.
It now garners a mere fraction of market share, but some big brewers are making major moves to expand its reach.
The Craft Brew Alliance (BREW), which produces Widmer Brothers, Redhook and Kona beers, announced the launch of its Square Mile Cider Company brand on Tuesday, and it says original and Spur and Vine varieties should be available on the West Coast starting in May.
That in itself isn't such a big deal. But added to Samuel Adams producer Boston Beer's (SAM) jump into the cider industry, Anheuser-Busch InBev's (BUD) cider experiments and a recent spate of cider company buyouts, these are big moves by brewers to get a small piece of a growing segment.
Chicken sandwiches now outnumber hamburgers on quick-service restaurant menus.
According to the website BurgerBusiness, market researcher Mintel has found more chicken sandwiches than burgers on the menus of quick-service restaurants since beef prices shot up in 2010.
As of 2012, chicken held a slim 330 to 323 lead. Burgers have regained some ground from 2011, when their numbers stood at 314. Chicken, though, is hardly on the ropes, with many consumers eating less red meat for health reasons.
"Consider the barrage of new menu items introduced by Burger King (BKW) in January," the site says. "Yes, it included an Avocado Swiss Whopper, but the wave also brought Philly Original Chicken and Italian Original Chicken sandwiches, as well as the introduction of new Chicken Nuggets."
The company unveiled a new platform that gives itself prime real estate on your phone. But that's not exactly what people are clamoring for.
Facebook (FB) didn't announce its own phone Thursday. It didn't make a new operating system. Instead, the company has created essentially an app on steroids that gives Facebook prime real estate on Android devices.
Facebook messages and chats are right there on your home screen. You won't have to go into a Facebook app anymore to see them. The platform works on top of the Android mobile operating system from Google (GOOG) and will start showing up pre-installed on devices from HTC and Samsung.
Oh, and there will be ads, too.
A Parisian auctioneer plans to sell 70 of the sacred Native American objects for an estimated $1 million, prompting calls for their return.
Art and money often go hand-in-hand, especially in the high-priced realm of auction houses. But that marriage of art and commerce can get controversial when the artwork in question is of a religious nature -- and the faith involved takes issue with what it considers its sacred, priceless objects being put up for sale.
That's the international scenario unfolding as the Hopis of Arizona and their supporters call on the U.S. government to stop a planned auction in Paris next week. Reports say the auction of 70 Hopi artifacts at the Néret-Minet Tessier & Sarrou auction house, one of the largest-ever auctions of its kind, could bring in up to $1 million.
Hopis view the objects known as katsinas, or “friends,” as being imbued with living, divine spirits -- for use in many of their rituals and ceremonies.
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Tired of constantly dying batteries, she came up with a device that could revolutionize energy storage -- and won $50,000 from Intel.
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[BRIEFING.COM] Stocks entered the weekend on a mixed note as the S&P 500 shed 0.1% while the Dow ended with a gain of 0.1%.
The major averages began the day on a lower note as nine of ten sectors saw losses of more than 0.5%.
The consumer staples sector was the lone exception as the group spent the entire day in positive territory thanks to the relative strength of Dow component Procter & Gamble (PG 81.89, +3.19). The second-largest staple stock advanced ... More
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Try as the bears might, they couldn't break U.S. stocks. But investors still face frothy prices and considerable headwinds.