Big Three: $15 billion. Congress and the White House finally settled on a deal with automakers for that amount in emergency loans.
The deal almost fell apart, but you know how these things go. You offer $14 billion; they go and pretend to talk to their manager, then come back and ask for $16 billion. You threaten to turn Detroit into a barren wasteland; they offer $15 billion plus free rust-proofing and you’ve got a deal. Everyone wins, not counting everyone who pays taxes.
One search engine: $15 billion. One of Yahoo’s biggest shareholders wants to sell off the search engine to Microsoft. He thinks it’s worth roughly a third of what Microsoft was willing to pay for the company a few months ago.
It’s all a reaction to the failure of Yahoo’s corporate strategy — build a time machine, return to 1999 and sell everything for a bajillion dollars.
Santa Claus: priceless. In a Whidbey Island play, Santa and his helpers reveal some of his secrets, such as how he delivers so many gifts in one night and how he knows what you want.
Santa will not reveal why you caught him half-dressed, wrestling with Mommy that one time.
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.