Hey mutual fund investors: Think you can beat the market? Charley Ellis, who's worked in investment management for 50 years, doubts it. That's because the fees actively managed funds charge can get expensive.
NPR's Uri Berliner is taking $5,000 of his own savings and putting it to work. Though he's no financial whiz or guru, he's exploring different types of investments — alternatives that may fare better than staying in a savings account that's not keeping up with inflation.
When my old pal the Sports Curmudgeon had some mildly churlish things to say about golf a few weeks ago, both he and I were upbraided by loyal linksters. As one snapped at me, "You don't know anything about golf."
A U.S. trade agency says Apple infringed on its Asian rival Samsung's patent in its manufacture of some older models of the iPhone and iPad.
Bloomberg reports on the order from the U.S. International Trade Commission: "It's the first patent ruling against Apple in the U.S. that affects product sales, covering models of the iPhone 4, iPhone 3GS, iPhone 3, iPad 3G and iPad 2 3G made for AT&T Inc."
U.S. speedskater Simon Cho, seen here in 2012, will boycott a hearing in Germany over an incident in which he tampered with a Canadian athlete's skate. Cho says his coach ordered him to tamper with the equipment.