Let us now ponder the exquisite status of Tiger Woods, who has clawed back to the top of the charts thereby to proclaim, with the help of his Nike mouthpiece, that his ragged and raw past few years never really happened because — ta-da –– as his ad says: "Winning takes care of everything."
And yes, indeed, he is No. 1 in the rankings again. And, too, he has a beautiful new girlfriend, although, of course, I will not mention her name here, so as not to be a member of what he calls the "stalkerazzi."
When President Obama on Wednesday unveils his blueprint for the government's 2014 budget, he'll offer lots of ideas for changes in taxes and spending.
But the proposal likely to grab the most attention will be the one dealing with cost-of-living adjustments for Social Security recipients. Many economists would applaud a change in the way Social Security officials measure inflation, but many older Americans may hiss, fearing a new formula will cut their benefits.
Bitcoin, the digital currency that trades outside the control of central banks and international borders, reached new heights Tuesday, surpassing the $200 mark for the first time. That level comes just five days after bitcoin approached $150, a development that Mt.Gox, the largest exchange service for the currency, deemed to be "epic."
Bitcoin's rise has been sharp. It was only two months ago that exchange rates put a single bitcoin's value at around $20.
A year and a half ago, J.C. Penney's then-brand new CEO Ron Johnson undertook what was supposed to be a transformation of the 110-year-old department store. Yesterday, the retailer cut his tenure short.
J.C. Penney lost nearly $1 billion last year as customer traffic dropped off.
Now, it's bringing back former Chief Executive Officer Myron Ullman to try to stanch the bleeding.
Google announced Tuesday that its Google Fiber project would be hitting Austin, Texas, next. The company says Austin, famous for its South by Southwest festival, is a "mecca for creativity and entrepreneurialism, with thriving artistic and tech communities."
Google Fiber is the tech giant's blazing fast Internet service, with current rates at 1 Gpbs, about 100 times faster than your typical cable broadband Internet service. It debuted in Kansas City in 2012.