Money Matters - Simplified


Marissa Mayer joins Yahoo for a whopping $ 1 million!

Marissa Ann Mayer sure has a reason to smile! A long time Googler, Mayer jumped off the Google bandwagon to sprint aboard Yahoo taking over as the Chief Executive Officer.

Facebook buys Sun’s campus, on rapid expansion spree

Facebook, which recently beat Google to be the most-visited site of 2010, has bought Sun’s old campus in Menlo Park, as a part of rapid expansion spree by the social networking giant.

Oprah ranked most-generous celebrity

Los Angeles -- Oprah Winfrey tops the list of charitable celebrities with more than $40 million given away to various programs last year, an analysis of public records shows.

Novelist Nora Roberts was a distant second on the list compiled by The Giving Back Fund, followed by actress Meryl Streep.

Streep donated $4 million to the Silver Mountain Foundation for the Arts and Roberts parceled out $4.45 million to literacy programs through her Nora Roberts Foundation.

Indiana names Wilson football coach

Bloomington, Ind. -- Oklahoma offensive coordinator Kevin Wilson has been hired as the head football coach at Indiana University, the school announced Tuesday.

Wilson agreed to a deal that is to pay him $1.2 million a year for seven years.

"I am excited by the opportunity to be the head football coach at Indiana University," said Wilson, who had been with Oklahoma since 2002. "I am confident we can win here and win in the right way."

Indiana Athletic Director Fred Glass said he was "thrilled" to have Wilson on board.

Packers' Williams signs contract extension

Green Bay, Wis. -- Green Bay signed cornerback Tramon Williams to a four-year contract extension worth $33 million, the Milwaukee Journal Sentinel reported Tuesday.

Citing unnamed sources, the newspaper said Williams' deal with the Packers will average $8.25 million per year and is effective through 2014.
It reportedly includes a $6 million signing bonus and roster bonuses of $2.5 million in 2011, $2.8 million in 2012 and $300,000 in both 2013 and 2014.

The source said the package guarantees Williams $11.1 million.

Colorado Rockies tie up Tulowitzki

Denver -- Shortstop Troy Tulowitzki has signed a seven-year extension tendered by the Colorado Rockies said to be worth $134 million.

The National League baseball club officially announced the contract Tuesday, the day after several media outlets, including The Denver Post, reported the lucrative deal that will keep Tulowitzki in a Rockies uniform through the 2020 season.

Tulowitzki, 26, had signed a six-year contract in January 2008 after helping the team get to its first-ever World Series in 2007. He voiced high hopes for bringing a world championship to Denver.

Rangers sign Torrealba to 2-year deal

Arlington, Texas -- The Texas Rangers have signed veteran free agent catcher Yorvit Torrealba to a 2-year deal, the team announced Monday.

Terms of the deal were not announced, but the Fort Worth (Texas) Star-Telegram reported it was worth $6.25 million.

Torrealba, 32, hit .271 with seven home runs and 37 RBI in 95 games last season for San Diego, mostly as a backup. He has 45 homers and a .257 batting average over a 669-game career with San Francisco, Seattle, Colorado and the Padres.

The Rangers also announced Monday that pitcher Mark Lowe had signed a 1-year deal for a reported $1.2 million.

Making More Than $50 Million Per Year

 Every year, the Social Security Administration lays out exactly how many people earned specific amounts of money in the preceding year. 2009's numbers were just released. Feast away:


'Megamind' has mega-weekend

Los Angeles -- "Megamind," with the voices of Will Farrell and Brad Pitt, claimed No. 1 at the U.S. box office during the weekend with more than $30.05 million.

It was the animated film's second weekend atop the box office.

"Unstoppable," with Denzel Washington, was third with $23.5 million. "Due Date," with Robert Downey, Jr. and Zach Galifianakis, was third with $15.53 million.

All studio gross estimates are via Box Office Mojo.

"Skyline" was fourth with more than $11.67 million; "Morning Glory" fifth with more than $9.62 million; "For Colored Girls" sixth with $6.75 million; "Red" seventh with more than $5.11 million; "Paranormal Activity 2" eighth with $3.05 million; and "Saw 3D" ninth with $2.75 million.

This Week's 5 Smartest Stock Moves

 If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.