Gifted fortunes, gut bombs and the rest of the best business stuff this week

How to transform a town

With a $150 million fortune and no heirs to leave it to, reclusive entrepreneur David Gundlach willed everything to his hometown, Elkhart, Ind. Now the town of 51,000 people must figure out how to spend a minimum of $7.5 million dollars a year. Sarah Collins

What (not) to wear at work

Not only has Facebook put a wrench in office productivity, it’s also apparently led to employees thinking that yoga pants are acceptable workplace attire. Madeline Skaggs

The second sex

Out of the kitchen and into the dining room — not exactly Betty Friedan’s dream. But 60 percent of the increase in women’s employment from 2009 to 2012 was in jobs that paid $10 or less, and a lot of those jobs are waiting tables. Businessweek on why wage equity remains a distant dream. Matt Present

Hustling the gut bomb

In the age of “satisfries,” Businessweek looks behind the business of the 880-calorie Cinnabon and the 35-year-old woman who runs the whole enterprise. Madeline Skaggs

10 innovative policies that every city should consider

Most of the ideas on this hint-hint list for New York come from Chicago. That’s right, a post-Bloomberg NYC should take a good look at Chicago’s Innovation Loan Fund, 311 system and budgeting blueprint, which Business Insider calls “the best in the business.” Ahem. Sara White