Bloomberg Business Report: Adults more likely to text and drive than teenagers

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by Jane King / Bloomberg

Bloomberg

Posted on March 28, 2013 at 7:17 AM

While teens get a bad rep for texting and driving, it turns out, it's adults who are the worst offenders. Almost half of the adults polled admitted to texting behind the wheel, in a survey conducted by AT&T and USA Today. And the paper says pretty much all of the respondents know it's wrong-- but continue to do it.

Meantime teens are more optimistic about their financial future, though maybe that's because more of them expect to rely on their parents as they get older! Allstate found that one in four teenagers think they'll be at least 25 years old before becoming financially independent from mom and dad. That's up 12 percent from 2011.

And the rivalry between Apple and Samsung gets more intense-- on Twitter. Citing data from investing analytics, Piper Jaffray's tech analyst Gene Munster reports that Apple's iPhone 5 was mentioned 2.4 million times in tweets during its product debut last September -- that's five times more compared to when Samsung's Galaxy S4 was unveiled this month. This indicates that there's still more of a mass appeal for the iPhone.

American Airlines' parent, AMR, won approval for its merger with US Airways.

Yesterday, stocks ending mixed as concern over the European debt crisis lingers.

We also had a weak report on pending home sales for February.

And more women are enjoying a nice cold beer than ever before. The Milwaukee Sentinel says beer has edged out wine as the beverage of choice for women ages 18 to 34 -- it's mainly due to the growing popularity of craft beers.

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