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ABC News: Business 

Top 10 Highest-Paid CEOs

Leslie Moonves, who was paid $60 million, is the highest-paid CEO of S&P 500 companies with chief executives who have served at least two full years.

Afghanistan Pizza Delivery Sets Record

A pizza mission to U.S. military service members in Afghanistan has made the Guinness Book of World Records as the largest pizza delivery. The non-profit, Pizza 4 Patriots, a 501(c)3 registered non-profit based in Illinois, has been sending pizzas to military service members abroad for...

Mo. Cashier Sells Herself $1M Powerball Ticket

If Maryjane Hart considered herself the luckiest woman in Doniphan, Mo., for having her health, three grown kids and two steady jobs before last Saturday, she’s really lucky now. The 57-year-old divorced convenience store clerk and pharmacy technician won $1 million in last Saturday’s $590...

Getting the Most Out of Travel Rewards

Airline miles are some of the most coveted credit-card rewards out there, but they're also among the least understood. And that's simply because they're hard to pin down: the value of your traditional mile is fickle, changing from one booking to the next, even if you swiped your card just as much as your normally would.

Scammers Steal Gas Station

Customers of the SuperAmerica gas station in Waconia, Minn., about 35 miles southwest of Minneapolis, were in for a treat to see discounted gas prices and tobacco products sold at half off over the weekend, not realizing that the new station owner was an...

Watch: Scammer Holds Sale at Gas Station, Runs Off With Cash

Suspect pretended to buy a Minnesota gas station and then sold fuel at cut-rate prices.

Inventory Your Stuff Before Storm Strikes

Dramatic scenes of tornado-wrought devastation and wrecked properties in Oklahoma this week are another potent reminder to renters and homeowners all across the country to take an inventory of everything they own before a storm hits. It can make a big difference if your household...

FEMA to Give Some Relief in Okla.

Even for those who don't lose a loved one after a tornado, the process to rebuild is "long" and "emotional," according to Tammy Cady, 59, who survived the tornado that hit Joplin, Mo. on May 22, 2011.

Goodbye Pension, Hello Cash: Danger Ahead

The Bible says Jacob's brother sold his birthright for a mess of stew. Today, warn financial watchdogs, America's pensioners are in danger of accepting what can sometimes be a comparably smelly deal: "Sell us your pension benefits," say advertisement, "and we'll give you one big lump sum now, up front."For somebody who's facing doctor bills or has missed a mortgage payment, a lump sum can be tempt

No Summer Slowdown for GM, Ford

Morning Business Memo… Thousands of US auto workers may have to cancel their vacation plans. Growing consumer demand for cars and trucks has the industry changing its usual summer vacation schedule. Ford says the traditional two-week summer break is being cut to a single week....

Photos: Drew Barrymore Lists Home

Actress Drew Barrymore listed her home in the Santa Barbara, Calif. area for $7.5 million just a year after getting married to husband Will Kopelman. Barrymore reportedly bought the 6-bed home in June 2010 for $5.705 million, as first reported by the Real Estalker and Zillow. The secluded home has a separate guest house with two vintage refrigerators, plus citrus and avocado trees outdoors. Barrym

Man, 91, Hits Goal to Fight Eviction

A 91-year old man in Zaleski, Ohio, hopes to buy back his home before his daughter has the chance to evict him from it.

Watch: Apple CEO: 'We Pay All the Taxes We Owe'

Timothy Cook calls for simplification of U.S. tax code in his Senate testimony.

Apple CEO: 'No Tax Shifting Going On'

Apple [NASDAQ: AAPL] chief executive Tim Cook donned a suit and tie in his rare appearance at a Senate hearing about the tech company's offshore revenue and taxes, hoping for "comprehensive tax reform to be passed this year."

Nutella Crisis Averted as Maker Caves

Fans of Nutella can once again breathe easy—at least the ones not allergic to nuts.

JPMorgan's CEO Keeps Dual Role

JPMorgan Chase shareholders voted to allow chief executive Jamie Dimon to keep his dual role as CEO and chairman of the board of directors, which critics say gives him too much risky power over the biggest bank in the U.S. by assets.

Watch: Apple's Tax Loopholes Makes Feds Sour

Jeff Macke analyzes the morning business headlines.

Apple CEO Defends Offshore Tax Policy

In advance of Apple CEO Tim Cook's testimony later today, in Washington, on the way Apple avoids paying U.S. taxes on money it earns overseas, both Apple and congressional investigators tried to get in a preemptive kidney-punch or two. Monday night Apple released an advance copy of Cook's testimony. Its 17 pages of self-defense are clear, blunt, unambiguous: Apple, Cook declares, "does not use tax

Photos: Rocker Buys Soap Star's Home

The frontman of indie band Foster The People, Mark Foster, bought a ranch-style 3-bed home in Hollywood Hills from ABC's "General Hospital" actor Maurice Benard, who plays Michael "Sonny" Corinthos, Jr., according to the Real Estalker blog. Foster, 28, paid $2.155 million, lower than the original listing of $3.599 million in 2008. Foster's vocals lead the band's popular song "Pumped Up Kicks". Ben

JPMorgan Chase Shareholder Showdown

Morning Business Memo… A shareholder showdown today at the annual meeting of JP Morgan Chase in Tampa. A vote is expected on a proposal to separate the jobs of chairman and CEO at the big bank. If the effort started by several large pension funds...

Florida Man Bags Record Python

After a fierce battle near the Everglades, a Florida man bagged a record 18-foot, 8-inch python, according to the Florida Fish and Wildlife Conservation Commission. Jason Leon, an amateur python collector, said he was driving in the northwestern part of Miami-Dade County – where the...

14 Best Jobs With No Need for College

While one's earning potential increases with a college degree, you don't necessarily need to spend $40,000 a year for a diploma for a job that pays as much.

Gas Prices Spike Ahead of Holiday

It’s almost Memorial Day and the price of driving for the first holiday weekend of the summer just got a bit higher. The weekly average price of a gallon of regular gas is $3.67, up 7 cents from a week earlier, according to the Department...

Watch: Yahoo Buys Tumblr for $1.1 Billion

Matt Nesto analyzes the morning business headlines.

Colgate Planning Caffeinated Brush?

News reports suggest Colgate-Palmolive applied to patent a caffeinated toothbrush, but the actual patent application only referred to a proposed device that hypothetically could release caffeine or any other substance or flavoring, and create sensations in a user’s mouth. So maybe they did plan a...

Photos: 'Doritos Girl' Lists Home

Ali Landry, whose first claim to fame was a 1998 Super Bowl Doritos commercial, listed her 4-bed home for $1.925 million. Landry bought the home in the Los Angeles area in 2004. She's married to director and producer Alejandro Monteverde, and they have two children. Built in 1927, the 3,700-sq. ft. home has Spanish detailing including tiles, stained glass windows, and an "authentic Mexican patio w

Help Your Kids Get 'A' in Money Matters

It's graduation season. Did your teenager have to take a financial literacy course to don that cap and gown? Probably not. According to the Council for Economic Education, as of 2011, 22 states required high school students to take an economics class --the "supply and demand" type, not the "how to balance your checkbook type." Only 14 states offered personal finance as a high school class, either

Is Yahoo Paying Too Much for Tumblr?

Morning Business Memo… Yahoo is spending $1.1 billion to buy the six-year-old blogging site Tumblr. The acquisition is the biggest yet for Yahoo CEO Marissa Mayer, and is part of her continuing push to give Yahoo credibility with a younger crowd, and make it a...

Should You Pay Off Your Ex's Debt?

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: Lost Aston Martin Fetches $492K at Auction

Auction house Bonhams had on the block a Aston Martin DB5 Sports Saloon that was discovered in a garage after it was left there for about 30 years. The car was said to be worth $300,000 and its engine has not been started since 1980.


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