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Daily Deals Resales Increase

10 Feb

Have you ever bought a deal from Groupon, Living Social or Tippr that you had a hard time using? If yes, then rest assured that several websites waiting to sell you someone else’s unused coupon have sprung up. According to Mashable, websites like CoupRecoup, DealsGoRound, Lifesta and Dealigee have emerged to sell unused daily coupons to other consumers.

Often times, users cannot use the coupons they purchase in time. This tiny niche has allowed for these new companies to emerge. With estimates suggesting that the daily coupon market could reach $5 billion in value this year, that small niche could also become profitable. Again according to Mashable, only 85 percent of coupons are actually reedemed, meaning that 15 percent of all purchases could go towards these new companies.

Keep an eye on this growing market.

Living Social, Groupon, Tippr

Limo Driver Admits Charging $800,000 For Ride

10 Feb

New York-based limo driver Peter Rahhaoui admitted charging a visiting Hong Kong millionaire $800,000 for a cab ride to the airport in 2008. Feng-shui master and millionaire Tony Chan gave Rahhaoui his credit card, but didn’t notice the charges until notified by a bank.

Peter Rahhaoui, guiltyphoto c/o NY Post

The $850 Million Soccer Game

10 Feb

On Feb. 12, Manchester United and Manchester City will square off in what’s being called the “Manchester Derby.”  That game will be the most expensive sporting event, ever played, of any sport, anywhere on Earth. According to The Wall Street Journal the two teams will have spent $850 million to assemble their rosters.

Who knew American sports were such a bargain? When the Boston Red Sox and New York Yankees battle for baseball supremacy, their rosters have only totaled $380 million. The Washington Redskins and Dallas Cowboys have showcased $350 million in player investments.

The record won’t last long. By the time the season ends, the Manchester match will have fallen to forth place. Hope it’s a good game!

Manchester United and Manchester City Soccer Teams.photo c/o WSJ

 

World’s Most Polite Robbery

9 Feb

A 65-year-old man walked into a South Seattle shell station, made a purchase, then asked the cashier to do him a favor. He said, “Could you empty that till for me please … I’m robbing you sir,” as he pulled out a gun. As he apologized profusely, he also demanded the man empty the register. He apologized, saying that he needed the money for his children and to pay off his rent. After the cashier gave him $300, the man vowed to repay the money if he could. Shortly after, the police arrested the man. The gas station owner released the video of the incident.

Though impossible to condone his behavior, the robber could have gained a little sympathy, had some new facts not come to light. Turns out that he had been convicted of arm robbery once before.

Diet Pepsi Unveils New, Sassy Can Design

8 Feb

According to a company press release, Diet Pepsi created a new design for its can “in celebration of beautiful, confident women.” A marketing executive called the new product “slim and attractive.” Pepsi will officially unveil the new design this Friday at Fashion Week in New York City. If the new can isn’t your thing, no worries. Though the new can will arrive in stores in March, the old style will remain as well.

New Diet Pepsi "Slim" can design