China’s Military Spending Estimated at $145B, UPS Names New CEO, Saving Detroit with Goats

The Pentagon estimates that China’s military spending exceeded $145 billion last year, 21 percent above the $119.5 billion figure announced by China.

UPS has named Chief Operating Officer David Abney to replace CEO Scott Davis, who is retiring.

Mark Spitznagel, founder of the $6 billion hedge fund Universa Investments, has brought 20 goats to Detroit’s blighted neighborhoods to “do landscaping” and thus contribute to the community.

Taco Bell has introduced the not particularly appetizing-sounding quesarito, a quesadilla wrapped around a burrito.

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