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The week that was: In a pickle
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In a pickle
A still-unidentified client of Goldman Sachs & Co. apparently tried to cash in on the proposed $28 billion sale of H.J. Heinz by taking out options before the sale announcement that would net more than $1.7 million. Now that client has both the FBI and the Securities and Exchange Commission looking for him.
Meteorite manna from heaven
The meteorite that lit up the Russian sky and blew out dozens of windows while injuring 1,200 broke into pieces that now are selling for thousands of dollars. So, what is the price for extraterrestrial rock? Eric Twelker, who owns The Meteorite Market Internet site, told ABC News that a piece of Mars will cost you $200 to $1,000 per gram (it takes 28.35 grams to equal one ounce), while moon rocks will go for $1,000 per gram or more. But be forewarned, he cautioned -- because of their unstable composition, the rocks may disintegrate if not properly cared for. And there may be limits to how good of an investment it might be. Mr. Twelker told ABC that the owner of an 11 kilogram moon rock is having trouble selling it. The asking price: an out-of-this-world $11 million.
Drilling takes flight
In a split vote, Allegheny County Council on Tuesday approved a deal with Consol Energy that will give the company rights to drill for shale gas on the 9,263 acres surrounding Pittsburgh International Airport. Consol is paying the county $500 million over 20 years for the privilege.
Raise a glass to Maker's Mark
Maker's Mark rescinded its decision to reduce the alcohol in its bourbon, which had faced shortages due to increased demand. Because the process of making Maker's Mark takes six years, the company figured it could either raise its price or slightly dilute the product from 90 proof to 84 proof -- and guessed wrong when it decided that dilution was the solution.
Tarmac heist
In "Ocean's 11" style, eight hooded thieves busted through a perimeter fence at Brussels Airport, stopped a plane as it readied to take off -- and made off with an estimated $50 million in diamonds Monday evening without firing a shot.
Hacker fries Burger King
Someone hacked into Burger King's Twitter account this week, erroneously reporting that the fast-food chain had been sold to rival McDonald's.
First Published February 24, 2013 12:00 am
