Yesterday at 6:20 a.m.
Filed under:
Advertising/Marketing,
Media,
TV
By CNN
The cast of "Happy Days." (CBS)
“Happy Days,“ one of the most popular shows in television history, faces an unhappy legacy nearly four decades after it first went on the air.
The show, which originally aired from 1974 to 1984, “represented to the public what the best of America has to offer,“ said Anson Williams, who played Potsie. “The friendships, the opportunities, the warmth. Unfortunately, now ‘Happy Days’ also represents the worst of America — of what major companies are trying to get from it, trying to use it for, and forgetting the family it created.“ Get the full story »
By CNN
Electronic eyeglasses being charged. (PixelOptics)
If you’re reading these words through bifocals or progressive lenses, your life could change in June. That’s when a company called PixelOptics in Roanoke, Va., plans to release emPower, a line of electronic eyeglasses that let wearers toggle between two prescriptions, with settings for close-up and distance vision. Get the full story »
Yesterday at 5:46 a.m.
Filed under:
Food,
Franchises,
Restaurants
By CNN
Attorneys this week dropped a lawsuit that alleged that Taco Bell’s beef was mostly not beef, both sides of the once-contentious legal battle said.
Alabama-based law firm Beasley Allen brought the class-action lawsuit in January and claimed that lab tests had shown that the eatery’s beef was actually only 35 percent beef. The plaintiffs said they wanted the fast food restaurant to stop referring to its products as beef. Get the full story »
Monday at 7:11 p.m.
Filed under:
Entertainment
By Associated Press
Event tickets seller Ticketmaster says it is going to let artists and sports teams raise and lower the price of tickets to reflect demand while they’re being sold.
The idea is for promoters to get the most value they can from top-demand front-row seats and to cut the profit scalpers can reap from those. Get the full story »
By Dow Jones Newswires
Samsung's Galaxy Tab, one of the company's devices drawing scrutiny from Apple. (Denis Doyle/Bloomberg)
Apple Inc. filed a lawsuit claiming Samsung Electronics Co. Ltd. copied the look and feel of its popular iPhone smartphones and iPad tablet computers, the latest in a series of legal skirmishes that underscore the increasingly high stakes of the mobile computing market.
The lawsuit, filed on April 15, alleged that Samsung’s smartphones, including the “Galaxy S 4G,” “Epic 4G,” “Nexus S” and its “Galaxy Tab” touchscreen tablet, violate Apple’s intellectual property. The 38-page lawsuit was filed in the U.S. court’s northern California district. Get the full story »
Monday at 5:37 p.m.
Filed under:
Economy,
Government,
Updated
By Reuters
Standard & Poor’s threatened Monday to downgrade the United States’ prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years. Get the full story »
Monday at 4:37 p.m.
Filed under:
Earnings
By Dow Jones Newswires
Packaging Corp. of America’s first-quarter profit soared 95 percent on higher containerboard and corrugated product pricing and volume, offsetting weather-related impacts and higher costs for transportation, chemicals and other expenses. Get the full story »
Monday at 4:30 p.m.
Filed under:
Investing,
M&A
By Wailin Wong
Employees work inside Groupon's headquarters at 600 W Chicago Ave., Feb. 15, 2011. (Brian Cassella/Chicago Tribune)
Chicago-based daily deal giant Groupon has acquired Pelago, the Seattle-based maker of Whrrl, a location-based mobile game for people to share recommendations on fun activities.
Financial terms of the deal, which was announced on Groupon and Pelago’s respective blogs on Monday, were not disclosed. Pelago Chief Executive Jeff Holden will oversee product development at Groupon, and many of the company’s employees will assume “integral roles in future Grouponnovations,” Groupon CEO Andrew Mason wrote in his blog post. Get the full story »
Monday at 4:23 p.m.
Filed under:
Retail
By Associated Press
The CEO of Wal-Mart Stores Inc. received a pay package in 2010 worth $18.7 million, a 4 percent dip from the year before, according to an Associated Press calculation, as the world’s largest retailer struggled to reverse a decline in a key revenue figure. Get the full story »
Monday at 3:11 p.m.
Filed under:
Investigations
By Gregory Karp
A Chicago man was arraigned today in the sweeping nationwide crackdown on online poker gambling.
Bradley Franzen, 41, was arraigned this morning in New York, authorities said. Get the full story »
Monday at 2:49 p.m.
Filed under:
Internet
By Reuters
Match.com said it will begin checking users against the national sex offender registry, days after a class action lawsuit was filed by a woman allegedly sexually assaulted by a man she met on the dating site. Get the full story »
Monday at 2:23 p.m.
Filed under:
Taxes
By CNN
(Reuters/Jason Reed)
President Barack Obama and the first family paid $453,770 in federal taxes on an adjusted gross income of $1,728,096 in 2010, the White House said Monday.
The president is paid a salary of $400,000 for his day job and took home quite a hefty paycheck because his books — “The Audacity of Hope,” “Dreams From My Father” and “Of Thee I Sing: A Letter to My Daughters” — continue to register strong sales. Get the full story »
Monday at 2:01 p.m.
Filed under:
Energy,
Environment
By Reuters
The fund established to compensate Gulf Coast residents in the aftermath of last year’s massive BP oil spill said Monday it has paid out $3.8 billion so far. Get the full story »
Monday at 1:53 p.m.
Filed under:
IPOs,
Internet,
Real estate
By Reuters
Real estate and housing data company Zillow Inc. filed with U.S. securities regulators on Monday for an initial public offering of up to $51.8 million. Get the full story »
Monday at 1:29 p.m.
Filed under:
Autos,
Consumer news,
Government
By Ameet Sachdev
A Viking Dodge dealership in Crystal Lake that closed in 2009. (Stacey Wescott/Chicago Tribune)
Illinois lawmakers are considering legislation that would protect consumers when auto dealerships close and fail to pay liens on trade-in vehicles.
In several instances, according to Atty. Gen. Lisa Madigan, lien holders have sought payments from consumers who traded in their vehicles to buy new ones. At least 60 dealerships have gone out of business since 2000 without paying off trade-ins, according to Madigan. Get the full story »
