On Tuesday, the Commerce Department revised its estimate of gross domestic product to 5 percent, up from the 3.9 percent reported last month. As reported by the New York Times, this is the fastest growth rate for the U.S. economy since 2003.
Sponsoring a bowl game for college football can be expensive – some estimate it costs companies as much as $30 million. It could be a big reason why there has been a recent shake-up in bowl game sponsorships.
The Internet went down Monday for 10 hours (some reports say nine) in North Korea, leading some to speculate that the outage was the proportionate response to the Sony hacks promised by President Barack Obama.
WSJ reports that last week, police in Chongqing, China, raided a training session for Uber drivers. Officials say they will crack down on such car-hailing services, fining drivers as much as 100,000 yuan, or $16,000.
If you’re looking for holiday gifts for that special Scientologist in your life, Quartz has a link to a Christmas catalogue featuring L. Ron-approved holiday merchandise. Maybe you’re interested in a $5,000 e-meter as a stocking stuffer?
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