Monday, 20 May 2013
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ABC NEWS: MONEY

Should You Pay Off Your Ex's Debt?
05/20/2013 3:40 AM
As part of a divorce settlement, a friend of mine forfeited his equity in a home he had jointly owned with his ex, but couldn't wriggle out from under the $100,000 that remained on their home equity line. You see, creditors, like a spouse's divorce lawyer, are pretty old fashioned when it comes to the "till death do us part" thing.
    




Photos: 'Parks and Rec' Star Buys Home
05/18/2013 10:13 AM
Anna Faris and Chris Pratt have left Washington State for Hollywood. The actors just spent $3.3 million on a Hollywood Hills home, previously owned by Live Nation CEO Michael Rapino. Records show that the couple paid $3.3 million for the 4,710 square foot home -- $325,000 over the last asking price of $2.975 million. The 4 beds, 3.5 baths home sits on over half an acre above Nichols Canyon. It has vaulted ceilings and open windows, with a a gym, tennis court, saltwater pool, motor court leading to three-car garage, and a built-in barbecue area.
    




Powerball Jackpot May Near $1B
05/18/2013 6:07 AM
The estimated jackpot for Saturday's Powerball drawing has swelled to a record $600 million for the popular lottery game, but one official estimated today that if it goes unclaimed the prize would zoom to nearly $1 billion.
    




Career Killers: 7 Secret Sins at Work
05/18/2013 5:00 AM
While some career killers are clear and follow common sense, the workplace can be rife with hidden dos and don'ts. What's more, these secret no-nos can be behaviors people think are good, morally and professionally. Click through the list of potential secret sins, and watch the full story on "20/20: Work Wars: How to Win Them, How to Wage Them" TONIGHT at 10 ET.
    




Wall Street's Record-Breaking Week
05/17/2013 10:01 PM
Stocks finished out another record-breaking week. The Dow, S&P and NASDAQ stock indexes have posted four straight weeks of gains. The Dow Jones Industrial average ended the day up 121 points to close the week at 15,354. Year-to-date, the Dow is up 17 percent.  ...
    




Kill My Wife Then Feed My Dogs, 'Hitman' Asked
05/17/2013 9:35 PM
When Patrick King, 45, took a job at Arizona Shower Door six years ago as a crane operator, all he wanted was to work hard and bring home a good paycheck to support his wife and kids. Never in a million years did he imagine sitting next to his boss and being asked to do the unthinkable. Watch the full story on "20/20: Work War: How to Wage It, How to Win It" TONIGHT at 10 ET.
    




Watch: Man Fights to Save Home From Foreclosure, Despite Payments
05/17/2013 8:40 PM
Wells Fargo bank says Etienne Syldor's payments didn't follow its mortgage modification guidelines.
    




Steak n' Shake Waitress Scores $446 Tip on $6 Check
05/17/2013 6:56 PM
If service with a smile results in a good tip, then Steak n’ Shake waitress CeCe Bruce is smiling from ear to ear. Bruce, a waitress for the past two years at a Steak n’ Shake in Indianapolis, is $446 richer after a longtime customer...
    




Jobs: How Does Your State Rank?
05/17/2013 6:06 PM
More signs that the job market is slowly recovering: 40 states showed a drop in unemployment in April. Louisiana, Tennessee and North Dakota showed an increase in the unemployment rate, while rates were unchanged in seven states, according to the Labor department. The country’s unemployment...
    




Inmate Sues Over Doritos Locos Idea
05/17/2013 6:02 PM
 Where do wildly popular fast food ideas come from? According to Gary Cole: Prison. That is the contention of Cole, who claims that it was he who invented Taco Bell’s famous Doritos Locos tacos while doing time in maximum security federal prison in Florence Colorado.  He...
    




Powerball Jackpot Soars to $600M
05/17/2013 5:46 PM
The estimated jackpot for Saturday's Powerball drawing has swelled to a record $600 million for the popular lottery game, driven by rapid sales.
    




Bill Gates Beats Out Mexican Billionaire
05/17/2013 4:50 PM
Gates World's Richest Person Again
    




Good News Influencing Consumers
05/17/2013 4:35 PM
American consumers are feeling better about the economy. Consumer confidence rose this month to 83.7 – better than expected and its highest level since July 2007, according to the University of Michigan’s Consumer Sentiment Index. “Overall, a number of indicators in the economy have been...
    




Wal-Mart, Kohl's Sales Drop
05/17/2013 11:52 AM
Morning Business Memo… Some of the biggest names in shopping had a tough first quarter as cautious consumers reduced spending. Wal-Mart, Nordstrom and Kohl’s all reported a small decline in sales, largely because of the rise in payroll taxes that took a bite out of...
    




Clown School Aims to Revive Lost Art
05/17/2013 11:10 AM
Dan Griffiths and Joe Dieffenbacher run the Clown Conservatory in San Francisco. Their goal is to take the creative license that has been around for centuries, often associated with a big red nose and puffy costumes, and messing with it to reinvent the modern-day clown.
    




Photos: Jennifer Love Hewitt Buys Home
05/17/2013 4:07 AM
Jennifer Love Hewitt paid $3.25 million for a modern estate in the Pacific Palisades area of Los Angeles. It was first listed for $3.399 million in early February. The actress listed two of her homes earlier this year, for sale and rent. The 4-bed home was previously owned by 7 for All Mankind jeans co-founder Peter Koral, who sold his company in 2007. The home has a pool and lounging area with a fire pit and flat-screen TV.
    


Unpaid Interns Can't Sue as Group
05/16/2013 9:21 PM
A group of unpaid interns, suing for back pay they say is owed them, have hit a legal wall: A New York judge has dismissed their class action suit against Hearst Corporation, saying they do not meet the definition of a class. If they want to sue, they will have to sue as individuals.The setback comes at a time when tens of thousands of college students are seeking summer internships--many of them unpaid.
    




Photos: Hefner Buys Wife Home for $5M
05/16/2013 8:36 PM
Playboy founder Hugh Hefner bought a mansion for his wife, Crystal Harris, 27, for almost $5 million. Hefner, 87, bought the 5-bed home in the Hollywood Hills on April 18, 2013 for $4,995,000. It spans 5,917-square feet and has a white glass infinity pool. TMZ reports the couple is actually living happily in the Playboy Mansion, which is actually owned by Playboy Enterprises.
    




Retired Couples Need $220K for Health Care
05/16/2013 6:30 PM
A 65-year old couple needs $220,000 to cover their health care costs in retirement, according to a study by Fidelity.
    




Powerball Jackpot Swells to $550M
05/16/2013 6:19 PM
The Powerball jackpot has soared to $550 million after no tickets matched Wednesday night's drawing.
    




Watch: Abe-nomics Stimulates Japan's Recovery
05/16/2013 6:10 PM
Mike Santoli analyzes the morning business headlines.
    




Toner Thief Got $1.5M in Chip Bags
05/16/2013 5:09 PM
Marque Gumbs used the illegal gains to buy fancy cars and lavish vacations.
    




Watch: Powerball Jackpot Balloons to $475M
05/16/2013 1:58 PM
The jackpot continues to grow after no tickets matched Wednesday night's drawing.
    




No Powerball Winner: Jackpot Swells
05/16/2013 1:53 PM
The Powerball jackpot has soared to $475 million after no tickets matched Wednesday night's drawing.
    




Class of '13 Racks Up Debt of $35,200
05/16/2013 1:30 PM
The brutal rise in college costs over the past decade is leading students to take on unprecedented debt with the class of 2013 graduating with debt that averages $35,200, according to a new study by Fidelity. That figure, which includes federal, state and private loans,...
    









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