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05 Jan 2010 10:37

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Biz: Kraft wants Cadbury bad. Warren Buffett thinks it’s unhealthy.

  • Berkshire Hathaway owns 9.4% of Kraft’s stock, so they should take heed. Kraft has been in unhealthy pursuit of the candy company for months, and just sweetened the deal again to convince them to go for it. Buffett’s Berkshire Hathaway, however, warned Kraft they wouldn’t be voting for the purchase, calling it a “blank check” and saying Kraft’s stock is too valuable for a purchase like this. Too Velveeta-like in texture. source

03 Jan 2010 11:00

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U.S.: Crazy: Some poor people subside on zero cash income

  • 6 million people get by on food stamps … and nothing else source

02 Jan 2010 16:40

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Biz: Happy New Year! Banks are figuring out new ways to screw you

  • $50B the amount of income banks stand to lose due to the Credit Card Act of 2009
  • 43% of bank execs feel that consumer trust has eroded in the last six months; no, really
  • fees the solution banks plan to offset losses – let the nickel & diming commence source

31 Dec 2009 11:13

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Biz, Culture: Why AT&T shouldn’t have dropped Tiger Woods

  • image Tiger Woods went from being seen as a golden boy to a &*^#-up in short order. Just like AT&T, thanks to the iPhone fiasco.
  • coverage Unlike AT&T, you can’t get away from Tiger Woods network coverage. Just sayin’. Also, AT&T shouldn’t be dropping things. source

30 Dec 2009 20:52

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Biz: Who’s GMAC’s new owner? You are, American taxpayer.

  • $3.8
    billion
    the government’s added stake in the struggling GM-tied auto financing company
  • $16.3
    billion
    the government’s total stake in the company; that’s more than Chrysler, guys source

30 Dec 2009 11:15

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Tech: Make Steve Jobs look good when he’s sick, get paid big bucks

  • $12 million – COO Tim Cook’s reward for Applesitting source

29 Dec 2009 09:56

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World: China’s got enough fraud going around for everyone

  • $35 billion, or $27 per person, in the last 11 months source
 

23 Dec 2009 13:49

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Biz: Wells Fargo: We don’t need your stinkin’ bailout money anymore

  • $25 billion goes back to the government ASAP source

22 Dec 2009 09:25

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Tech: Tapulous taps a pretty penny out of the iPhone App Store

  • $1 million a month in download-related sales; not bad source

21 Dec 2009 10:56

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Biz: Dubai should really consider a debt-consolidation program

  • $40 billion in overcharging really big credit cards source