Photos: Baseball Card Sells for $2M
A very rare 1909 Honus Wagner baseball card is shown. The T206 card, originally released by the American Tobacco Co., sold for $2,105,770.50 in an online sale, Goldin Auctions, April 6, 2013. While the company said the price was a record for a baseball card sold at auction, a similar Wagner card in mint condition was purchased for $2.8 million in a private sale in 2007.
PODCAST: Bank of America shells out, Nickelodean half-shells out and there are no clams for the junk-store Renoir
Friday, September 28, 2012 - 10:34 Spencer Platt/Getty Images People walk by a Bank of America branch in Times Square on September 20, 2012 in New York City. Bank of America will pay $2.4 billion to shareholders as part of a settlement announced this morning. The bank admits no wrongdoing, but the settlement is compensation for maybe not telling shareholders the whole story when BofA bought the struggling brokerage Merrill Lynch back in 2008. And Apple takes time out of its morning to tell us "I'm sorry." CEO Tim Cook posted an online letter to iPhone customers, saying that with its Apple Maps application the company fell short of its commitment to making best-in-class products. People who bought the new iPhone5 or upgraded the software on their old iPhones have been forced to use Apple Maps instead of Google Maps, which used to be the standard. Cook says Apple will be working non-stop until Apple Maps is up to snuff. That's not the only Apple product dying on the vine -- users of Apple's ...
PODCAST: A light at the end of the housing tunnel
As American Airlines winds its way through bankruptcy, some of its union workers are voting on new contract offers. Next week, a judge will decide if the company can throw out its old labor contracts and impose even more severe cuts on the workers. In the housing market, the credit rating agency Trans Union said late payments on mortgages have reached the lowest level in three years. And Apple and Google are expected to be major bidders at an auction today over patents from Eastman Kodak. Patent law is one of the most lucrative fields in the industry these days, and bilingual lawyers are in high demand because of it.