The Seahawks 23-0 victory over the New York Giants is great news for Seattle. Except for the folks at Jet Chevrolet. The Seattle-area dealership pledged to give 12 people $35,000 apiece if the Seahawks shut out the Giants. The car guys never expected to pay up — but just in case, they insured the bet.
The head of British drug maker GlaxoSmithKline told The New York Times on Monday that the company will stop paying doctors to promote its drugs. Pharmaceutical firms commonly pay physicians to speak at medical conferences — a practice criticized as a conflict of interest.
Four alleged mafia gangsters have been arrested for forcing shop owners to buy poinsettias for as much as $140 each. Owners who refused to partake in the "Christmas special" would have their shops vandalized.
Before the end of the year, the federal government will select six states where drone makers can test how to safely integrate the technology into commercial airspace. Nevada is vying for one of the spots. The FAA stamp of approval could lure big industry to high-end test sites. But smaller drone developers, who're focused on non-military applications, also see enormous opportunities.
Some Steinway company representatives and employees — like Wally Boot, pictured here — have been working for the company for decades. Boot is the last person to touch every piano that leaves the factory in Queens, N.Y.
For 160 years, the pianos made by Steinway & Sons have been considered the finest in the world. So when hedge fund billionaire John Paulson recently bought the company, it struck fear in the hearts of musicians: Would the famously handcrafted pianos be changed, for the sake of efficiency? Paulson, who owns several Steinways himself, says nothing will change.
Many economists and investors think there's a good chance that at the end of their two-day meeting that begins Tuesday, Federal Reserve policymakers will announce that they'll begin reducing their $85 billion monthly stimulus, their third round of quantitative easing, or QE3.
The analysts think recent economic data, like a drop in the unemployment rate to 7 percent and a budget deal in Washington, have brightened the outlook for the economy enough that the Fed can pull back.
Paige Witherington is the farmer at Serenbe Farms, a 30-acre certified organic and biodynamic farm adjacent to a housing development outside Atlanta. It's one of more than 200 or so subdivisions with an agricultural twist nationwide.
Credit Luke Runyon / Harvest Public Media
The Bucking Horse subdivision in Fort Collins, Colo., will include a working CSA farm, complete with historic barn, farm house and chicken coop.
When you picture a housing development in the suburbs, you might imagine golf courses, swimming pools, rows of identical houses.
But now, there's a new model springing up across the country that taps into the local food movement: Farms — complete with livestock, vegetables and fruit trees — are serving as the latest suburban amenity.
Democrats in Congress are promising to try to retroactively extend emergency unemployment benefits after the new year. With the House already in recess, the benefits are expected to expire at the end of the month.
The Senate is still in Washington working on a bipartisan budget agreement passed by the House before it left town last week, but the bill does not include a benefits extension.