Money is serious business, but sometimes we can share a laugh about how it’s spent…
Emasculating the Escalade
Most companies love it when their customers are celebrities. For the past decade, Cadillac wasn’t shy about promoting the sports and music stars who drove their 10,000-pound, $70,000 (starting price) SUV. That’s changing this year.
“Tiger Wood’s then-wife attacked him with a golf club in his Escalade after learning of his extramarital affairs. Paris Hilton was busted for cocaine possession in one on the Las Vegas Strip,” USA Today reported Wednesday. “Like the aging starlet trying to put her wild past behind her, Cadillac is being careful to craft the image of its new-generation 2015 Escalade in a whole new light… Today, Escalade is pitched as a rolling sanctuary for upscale families. It’s quieter, more powerful and a tiny bit more fuel efficient.”
A pain in the glass
Google Glass is touted as the bleeding edge of technology, a pair of glasses that can do everything from give you directions to recall the name of the person you’re looking at. A pair costs around $1,500, “but the parts inside cost less than $80,” CNN reported this week.
Breaks down like this…
- Memory and storage: $12.86
- Processor: $13.96
- Connectivity: $10.79
- Camera: $5.66
- Display: $3
- Other materials: $33.51
Now that you know what Google Glass costs to make, you can laugh twice as hard as you do at Apple fans.
Fees and flying
“Airline profits soared in 2013,” declared a headline Thursday on MSNBC. “The 26 scheduled U.S. passenger airlines had a net profit of $7.3 billion in the fourth quarter of 2013 compared to a loss of $188 million during the same time period a year earlier.”
Wow, how’d they do it?
“We have every fee known to man,” says Rick Seaney, CEO and co-founder of Farecompare.com. “That tells you why there are profits now.”
Turns out baggage fees and reservation change fees totaled nearly $15 million. And that doesn’t include fees not broken out in the earning report — “venue from seating assignments and on-board sales of food, beverages, pillows, blankets, and entertainment.”
Real money laundering
A 34-year-old hairstylist and janitor used her work skills to become a crackerjack counterfeiter, reports Bloomberg. She…
…took $5 bills with a specific watermark and soaked them with Purple Power degreaser. Next, she scrubbed off the ink with a toothbrush. After drying the now-blank notes with a hair dryer, she fed them through a Hewlett-Packard (HPQ) Co. 3-in-1 inkjet printer that emblazoned them with scanned images of $50 or $100 bills.
If you’re a fan of the sitcom 2 Broke Girls, you might wonder just how broke they are. According to Marie Claire, which priced out their existence, they’re earning more than $85,000 a year. Meanwhile, Carrie Bradshaw’s life costs only $84,000.