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Our Economy: Google, Apple settle; snobbery sells

UNDATED (WKRC) -- Two of the world's largest technology giants reach an agreement to settle all of their lawsuits against each other regarding smart phone patents.

Apple and Google announced this week that they are dropping nearly two dozen lawsuits against each other.

The disputes revolved around the operating systems Apple uses for its iPhone and Google's Android software.

Also, a new study shows that people believe rude salespeople and luxury brands go well together.

The thinking is that the shopper wants to feel like they're part of an exclusive club.

For the study, shoppers interacted with fake salespeople who they thought worked at high-end brands like Gucci, Louis Vuitton or Burberry.

When salespeople were condescending, the customer spent more.




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