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Category: News

Apple CEO Steve Jobs to Take Medical Leave

Steve Jobs is taking medical leave from Apple and, considering his statement about privacy and Tim Cook executing the company’s plans for 2011, it doesn’t sound like he has plans to be back any time soon.

At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company. I have asked Tim Cook to be responsible for all of Apple’s day to day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011.

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Starbucks 31-oz “Trenta” cup size set for U.S. debut

Starbucks Corp will roll out its biggest drink size yet — the 31-ounce “Trenta” — in all of its U.S. coffee shops by May 3, the company said on Sunday

The new size will be available only for iced coffee, iced tea and iced tea lemonade drinks in the United States. The Trenta is 7 ounces larger than Starbucks’ “Venti” cup for iced drinks, which currently is its largest size on offer.

What Car Mechanics Don’t Want You to Know

Here’s a secret that mechanics don’t want you to know: You really don’t need to have your oil changed every 3,000 miles.

It’s a waste of a precious resource — not to mention money — to take your car in every 3,000 miles or three months, experts say. On average, most cars don’t need an oil change for 7,500 miles.

“The oil change itself is a loss leader,” said Austin Davis, whose family has been in the car-maintenance business in Houston since 1937. He’s the author of “What Your Car Mechanic Doesn’t Want You to Know” and has a website called MyHonestMechanic.com.

Secrets of a Former Credit Card Thief

Want some good advice on how not to be a victim of credit card fraud / identity theft? Ask a former credit card thief.

He also worked for the U.S. Secret Service, helping to infiltrate the online underground and training agents in the latest fraud techniques. His help led to the arrests of five to 15 people over two years. Today, he’s a Web developer at a graphic design company in Rochester, N.Y. He agreed to take an hour with CreditCards.com to share his story and his top tips on how to protect yourself.

The Real Details of the McDonald’s Hot Coffee Lawsuit

Any time you find yourself in an argument about frivolous lawsuits and tort reform, someone’s probably going to bring up “that woman who sued McDonald’s over the hot coffee and won four ba-jillion dollars in damages.” The popular version of the story has a little something for everyone: a stalwart national company, the apparently absurd premise that someone would object to coffee being served hot, and a cash settlement that was large enough to be memorable.

Although the particulars of the case have been repeated so often that it has begun to sound like an urban legend, there really was a “hot coffee lawsuit.” How well do people remember the facts of the case that’s often used as the epitome of out-of-control litigiousness? Let’s take a look at 1994’s Liebeck v. McDonald’s Restaurants.

The world’s most infamous cup of coffee spilled on February 27, 1992 in Albuquerque, NM. Stella Liebeck, a 79-year-old grandmother, was a passenger in her grandson’s car when they drove through at a McDonald’s, and after she received her styrofoam cup of joe her grandson pulled the car forward and parked so Liebeck could mix in her cream and sugar.