• Sales of DSLR cameras, the large cameras with interchangeable lenses used by photographers, are rapidly declining, raising concerns for companies such as Canon Inc. and Nikon Corp. The change is due to the widespread use of smartphone cameras, according to the Wall Street Journal.
• Starbucks has pledged to hire 10,000 veterans and spouses of men and women in active duty over the next five years. The coffee giant is one of many companies looking to hire returning vets, according to CNBC.
• Former real estate writer and the man who coined the now famous term “the fiscal cliff,” Walter H. Stern, died last week at age 88. The writer first used the term in an article back in 1957, according to the New York Times.
• Lays Potato Chips has developed a new sweet and savory combination: the chocolate-covered potato chip. If successful, the company plans to unveil a line of salty, chocolate products such as fondue dips and other chips, according to Bloomberg Business Week.
• Marvel Comics is planning to introduce a new superhero. Her name is Kamala Khan and she is a Muslim-American teenager living in Jersey City, according to the New York Times.
• Freshman enrollment in private schools has plummeted over 10 percent since 2010 due to price-conscious students eliminating expensive schools as an education option, according to the Wall Street Journal.
• “Thor: The Dark World,” the most recent movie by Disney’s Marvel Comics, took the number one slot at the box office this weekend. Sales were not only driven by strong domestic interest, but also unexpected and tremendous success internationally, according to the Wall Street Journal.
