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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 12, 2011
Page
9
Master Card Spending Pulse reports five straight weeks of lower gas purchases, down 3.6 percent from a year earlier as drivers reduce fuel use despite high prices. Unrest in North Africa and the Middle East boosts crude costs while many seek cheaper options and more fuel efficient vehicles.
Wal-Mart launches new ad campaign with the slogan Low Prices Every Day On Everything to restore customer confidence after a two-year sales slide in U S stores. The effort includes five 30 second ads and a return to Everyday Low Prices with restored merchandise and price matching focus.
A century of diaper choices shows disposables dominating the market while cloth options resurge in eco minded circles. The 25 billion dollar industry faces renewed attention as families weigh convenience versus environmental impact with studies cited by NRDC acknowledging a wash on landfills versus laundry.
The 9th U.S. Circuit Court of Appeals upheld a 2008 settlement between Tyler and Cameron Winklevoss and Facebook founder Mark Zuckerberg. The ruling says the twins were capable of understanding the agreement which provided $20 million and partial Facebook ownership, ending litigation over alleged misrepresentation of value. Divya Narendra settled earlier. The decision may be appealed to the Supreme Court.
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