Image: Memeticians
Cyber Monday, the biggest Internet shopping day of the year, happens on November 30. As a shopping day, it’s not quite as involved as Black Friday. You can hit up Cyber Monday in your pajamas.
It still pays, however, to know where [...]
After a major recall in September, Toyota is installing new brake systems and shorter gas pedals on about 3.8 million cars. After those modifications, the cars will no longer be in danger of accelerating unintentionally. The Detroit Free Press reports:
For 2005 through 2010 model year [...]
Image: Intomobile
Black Friday, the major shopping day after Thanksgiving, can give you amazing bargains.But, as any experienced shopper knows, a successful Black Friday requires preparation.
When it comes to preparing, the Internet is your friend. Several entrepreneurs have set up websites to help you [...]
The Consumer Product Safety Commission (CPSC) today announced a recall of Stork Craft drop-side cribs. More than 2.1 million cribs are being recalled. Infants can become entrapped and suffocate when the drop-side drops one or more corners. The CPSC has more:
[...]
We’ve all got one, we get it out occasionally, and we’re sure these ones make yours look small and rather insignificant. We’re talking about your CVs, dirty minded people…
10. Rambo
Previous Employment
US Army Green Berets, Nutjob Mercenary, Snake Seller, Jungle Tour Guide.
Reason for [...]
No dream has been chased by more people in the 2000’s than the “Internet lifestyle.” Broadly defined as earning money online from home, the Internet lifestyle has become a fixation of dissatisfied employees, stay-at-home parents, college students and even senior citizens. Unfortunately, the undeniably fun and exciting aspects of [...]
Image: Hkam
Is Rupert Murdoch finally going to get his way? The Financial Times has the story:
Microsoft has had discussions with News Corp over a plan that would involve the media company being paid to “de-index” its news websites from Google, setting the scene [...]
It’s that time of year again. To celebrate the feedfest–and unofficial holiday season kickoff–that is Thanksgiving, we’ve compiled a list of 25 Thanksgiving quotes. Take them to the table with you this year:
1. “Got no checkbooks, got no banks. Still I’d like to express my thanks.” –Irving [...]
Image: CPSC
The Consumer Product Safety Commission (CPSC) will announce one of the biggest crib recalls in US history tomorrow, according to CBS sources. The cribs in question have dropdown sides, which can injure babies. The CBS Early Show reports:
The CPSC says it [...]
Becker-Posner on whether the US will go the way of Japan.
Dean Baker on the dollar’s rout (or not).
Barry Ritholz on a potential new amendmentthat will create even more zombie banks.
SportsBiz is a neat sports business blog that I recently discovered.
Kim Grant has [...]
Image: SpeechSuccess.com
Has anyone ever asked you to be their best man or maid of honor? Did you enjoy it? If so, there may be a job in your future…
1. CA: Positions Available @ Private Women’s Gym
Women’s Athletic Club is looking for [...]
Charles Goyette has spent much of his life thinking about money. He has contemplated how it works, how governments manipulate it, and how it stores value.
Goyette, a radio show host, precious metals pro, and libertarian, shares his views on fate of the US dollar in [...]
Pinnacle Foods Group, owned by private equity firm Blackstone Group, will buy frozen-food provider Birds Eye Foods for $1.3 billion. Bloomberg has the scoop:
Blackstone Group LP’s Pinnacle Foods Group LLC agreed to buy Birds Eye Foods Inc., the largest U.S. frozen-vegetable company, for [...]
AOL layoffs affecting 1/3 of the company’s workforce, or up to 2,300 people, will hit during the next few months. The layoffs come as a result of restructuring after the Time Warner spin-off. Bloomberg reports:
AOL is aiming to reduce its annual operating costs by about [...]
The Federal Aviation Administration (FAA) announced today that a computer glitch would cause delays and cancellations of flights nationwide. The Wall Street Journal has more:
The problem involved the FAA computer system that files automated flight plans, forcing air traffic controllers to revert to the much [...]
Sometimes the most innocent jokes have the most tragic consequences…
8. The Fatty and the PhotocopierIn true dimwit fashion, this chump thought the age-old office prank of photocopying your ass would be funny, even though we’ve all seen it a million times. What he forgot to take into consideration was the [...]
It’s hard to drive a mile without seeing a billboard or outdoor ad. Most have a repetitive message, familiar color scheme, or seen-it-before motif. They’re easy to tune out.
Sometimes, however, companies design truly creative outdoor ads. They’re original enough to penetrate consumer ad fatigue, and innovative enough to convince you [...]
American Express today announced its $300 million purchase of Revolution Money, a PayPal competitor backed, among others, by former AOL CEO Steve Case. The Washington Post reports:
Revolution Money, founded in 2007, is designed to provide secure online person-to-person transactions by using a PIN number instead of [...]
Image: Omniauto
The Insurance Institute of Highway Safety released its annual list of the safest cars for the upcoming year. This year’s list, for 2010 models, highlights Subaru, Ford, and Volkswagen cars. The Triangle Business Journal has more:
The Insurance Institute for Highway [...]
At BusinessPundit, we can’t think of a single business that would be more difficult to be in right now than that of real estate developer. With that in mind, we set out to find a land developer who’s still in the game and who [...]
Image: Blogtepreneur
Most Fortune 100 companies don’t use Twitter effectively, according to a Weber Shandwick study released today. Mashable has more:
Out of the 540 total Twitter (Twitter) accounts registered by Fortune 100 companies, 50 percent of the accounts had fewer [...]
This is a guest post written by Wall St. Cheat Sheet Editor-in-Chief Damien Hoffman.
In 2008, I closely commented on the demise of Lehman Brothers and the hidden cancers on other balance sheets. At the time, the fraudulent real estate bubble found a poster child in Lehman investment [...]
People in England are buying unprecedented amounts of Fisherman’s Friend, a strong cold lozenge, because they think it could cure swine flu. Ananova reports:
Demand for the aniseed variety of the 65-year-old winter warmer has meant an unprecedented rise in production. Key ingredient star anise – pure aniseed – [...]
If you’re a chef, musician, cleaner, model, or just anyone, you should be afraid. Very afraid. You’re about to lose your job – and when robots rule the employment roost, don’t be surprised if you end up losing your life too…
Note: the following is pure speculation and may be an [...]
Image: 3D Chem
A clinical trial has found that Merck’s Vytorin and Zetia cholesterol pills don’t treat clogged arteries as effectively as Abbott Labs’ Niaspan, a form of Niacin (Vitamin B3). Bloomberg reports:
In a clinical trial reported yesterday, researchers found a decrease in [...]
Gene Marks on who to watch to gauge the economic recovery.
Mental Floss has an entertaining list of 8 Not-So-Famous Firsts.
Chase CEO Jamie Dimon’s op-ed in the Washington Post disputes size limits on corporations.
Stephanie Flanders says that calling the current economy “free market” and [...]
Image: Kingdom of Style
This week’s jobs include a position for a hippy, a meat cutter, and an amateur astronaut. If none of those suit your fancy, you can be the person who provides a ladder for someone stuck in a well. No kidding:
1. Denver: [...]
How do you sell something? Do you start with “I want to tell you about _____?” Do you introduce yourself by your job description, then try your best to keep eye contact as your audience’s attention wanders?
If you do, stop. The people you’re addressing don’t care [...]
The Fed today announced that, starting next July, banks can no longer charge overdraft fees on a debit card or when a customer is using an ATM. That new law is moot if a customer has agreed to pay charges for overdrawing their account. Bloomberg [...]
CNN announced today that John King will be replacing Lou Dobbs on CNN. Dobbs unexpectedly resigned from CNN yesterday after roughly 30 years with the network. State of the Union anchor John King will replace Dobbs early next year. The New York Times has the [...]
Reebok–remember that brand?–recently came out with its new EasyTone sneakers. These women’s shoes are built to tone and firm your bottom while you walk. WalletPop has a good analysis of what’s behind the butt-firming EasyTone:
These sneakers apparently build your body 12 different ways, just [...]
Image: Belkin
This is a guest post by Resource Nation’s David Liu.
According to a recent BT Professional Services study, nearly half of all global IT organizations have already installed or incorporated VoIP into their infrastructure. Business VoIP service is a [...]
The Financial Times reports on a recent Sky News Australia interview with News Corporation’s Rupert Murdoch. He threatened to sue the BBC and ABC for stealing content, and Google for employing Fair Use:
Rupert Murdoch indicated on Monday that News Corporation would sue the BBC over breach of [...]
So exactly what is the mandate of the New York State Department of Environmental Conservation? Classic government bureaucracy.
[...]
In honor of Veterans Day 2009, here’s a list of 25 quotes to live by:
1. We make war that we may live in peace. -Aristotle
2. Nobody ever drowned in sweat. -US Marines
3. Those who cannot bravely face danger are the slaves of their attackers. -Aristotle
4. More powerful [...]
Some crackpots think the world is controlled by giant lizards, but what they don’t know is that several animals really have tried to be elected to power. Meet the real-life political ‘party animals’…
8. Pigasus the Immortal BoarPigasus the Immortal was a boar hog put forward by the [...]
Thanksgiving can be a pricey affair. From seventy-dollar turkeys to the perfect Napa wine, ingredients for the November feast can put a hole in your careful budget.
Luckily, there are ways to avoid Thanksgiving Day megaspend. If you strategize your meal, involve others, and entertain for free, you can host [...]
Image: Motifake
This Saturday, you can help avenge some of Bernie Madoff’s victims by purchasing his personal stuff at a government auction. The auction, which will take place in New York, will sell roughly 200 items for an estimated minimum value of $500,000. Proceeds will [...]
In the past, it was easy. Corporations made money. Nonprofits helped the world. If a corporation wanted to help the world, it would donate to a nonprofit, or set up its own foundation.
That model is changing. Social ventures, a new kind of for- and nonprofit [...]
Kraft Foods Inc. formally launched a hostile takeover bid for British candymaker Cadbury today. The Wall Street Journal has more:
Cadbury Sept. 7 rejected Kraft’s initial cash-and-share offer, worth 745 pence per share at the time and at around 722 pence at current values. Cadbury said [...]
British stroller manufacturer Maclaren has announced a recall of 1 million umbrella strollers. The hinges on the sides of the strollers can trap children’s fingers when parents are opening or closing the umbrella. The New York Daily News reports:
All Maclaren strollers sold since 1999 are included [...]
Money hacker: The wealthiest kids in the world (via Wall Street Fighter).
The Big Picture has a scary US unemployment map (2004-present).
Alice Schroeder analyzes Buffett’s Burlington purchase–and claims he’s not as all-out bullish on the economy as he sounds.
EcoSalon has the stories behind [...]
Our current sad economic state has been dubbed a number of things. The Great Recession. The he-cession. The credit crunch. One thing, however, it clear. It’s not the Porncession. Because that industry is doing just fine, thank you very much:
1. LA: Driver for the BUS [...]
Nearly two hundred years ago the founder of the Rothschild banking empire proclaimed: “Give me control over a nation’s economy and I care not who writes the laws.” Read on for an overview of the ways the Freemasons are said to control business, politics, indeed, the entire country – and [...]
In 2008, the Boston Consulting Group ran a lifestyle survey of 12,000 women in 22 countries. Their survey findings inform the conclusions in Women Want More, a book that details the burgeoning women’s consumer market.
Each chapter includes statistics, company stories, and anecdotes from individual women. [...]
Image source
The Department of Justice today charged 14 individuals with involvement in insider trading. These include current and ex-employees at the hedge fund Galleon Group, the proprietary trading companies Schottenfeld Group and Incremental Capital, and the law firm Ropes & Gray. The [...]
The Yankees won the world series last yesterday, thanks in part to Hideki Matsui’s stellar performance. They also top the MLB payroll for 2009. Here’s part of the list, as compiled by the AP:
1. New York Yankees $201,449,289
2. New York Mets $135,773,988
3. Chicago Cubs $135,050,000
4. Boston Red [...]
Former Hewlett Packard CEO Carly Fiorina announced that she will run for Senate in California today. The Washington Post has more:
“Throughout my career I’ve brought people together, and I’ve solved problems,” wrote Fiorina in an editorial in the Orange County Register today. “And that is what [...]
Image: Wikimedia Commons
Ouch. The Miami New Times has more on the casino that denied the man the winnings stated on the machine:
On Sunday, a gambler at the Seminole Hard Rock Casino in Tampa was playing a $4 slot machine when [...]
Cory Doctorow posted this frightening bit after looking over a leaked copyright treaty called the Anti-Counterfeiting Trade Agreement (ACTA):
Obama’s administration refused to disclose (the full text) due to “national security” concerns. It’s bad. It says:
* That ISPs have to proactively police copyright on user-contributed material. This [...]
To grow money, you have to know money. And to know money, you need to study it: Its movements, who’s making it (and why), who takes it away, how to keep it, and how to grow your personal stash.
Unless you’re a child prodigy like Warren Buffett, or you have [...]
Image: Harold Davis/Flickr
Berkshire Hathaway announced today that it is buying railroad company Burlington Northern Santa Fe (BNI) for $44 billion, or $100/share. It is Berkshire Hathaway’s biggest-ever takeover. Bloomberg has more on Warren Buffett, railroad tycoon:
Berkshire has been building a stake in [...]
Every business, they say, needs a catchy name – but some people evidently can’t tell the differance between ‘catchy’ and ‘ridiculous’. Would you have your haircut at Assman the barber or get a quote from Mammoth Erection scaffolders? Read on for some of the most unfortunately named companies on earth…
20.[...]
This is a post that Wall St. Cheat Sheet Editor-in-Chief Damien Hoffman wrote. He let us post it here, too. We hope you’ll find it as entertaining and relevant as we did.
After having time to reflect on Jim Cramer’s email to me (see below), [...]
Image: Wikipedia
Seeking Alpha’s Eli Hoffman puts yesterday’s CIT bankruptcy filing–the fifth largest in US history–in context:
CIT Group (CIT) filed for bankruptcy protection Sunday with broad support from its debtholders, but taxpayers will lose the $2.3B invested in CIT, marking the [...]
Image of E. coli bacterium found here.
Asheville, NY-based Fairbank Farms is recalling nearly 546,000 pounds of ground beef because of a suspected E. coli contamination. The recall affects Massachusetts, Maryland, North Carolina, New York, New Jersey, Connecticut, Virginia, and Pennsylvania. The following supermarkets [...]
Image: The Faster Times
Fedor Emelianenko has been called the baddest man on the planet. We think a case can be made that he is the most fit man to have ever lived in the history of our species. Undefeated for nearly [...]
Criterion Ventures on building a cash market in healthcare.
Mashable on how to measure social media ROI.
Joe Hodas: How to advance your career without selling your soul.
Rio de Janeiro is turning to China to finance its Olympics.
Image: Confluence
Sometimes, people pay you to be who you are. These jobs can be the best kinds of gigs…if they pay more than a pittance. This week’s jobs demonstrate that you can make money being a hateful Alaskan resident, someone who needs their wisdom [...]
Bankruptcy, foreclosure, repossession – just a few of the words that come to mind when we hear the phrase ‘credit crunch’. But for a select few the global financial crisis has generated cash, acquisitions, bonuses and, er… $1000 garbage bins!? Take a look at Business Pundit’s round up of the [...]
The Commerce Department today said the economy grew at 3.5% during the third quarter of this year. This is the first time that gross domestic product (GDP) has been positive since Q2 2008. It is also the fastest rate of growth since Q3 2007. According to [...]
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Google is rolling out Onebox (or Google Music), its new music search engine, today. When you google songs, albums, an artist name, or lyrics, Google will generate links to full songs at the top of its search results. You can experiment with [...]
A new Senate proposal will offer a first time home buyer tax credit extension to homes under contract by April 30, 2010. The former deadline was November 30, 2009. The home buyer tax credit will also be offered to people who have lived in the same home [...]
I hate the Example Company. Their product killed my dog. Their customer service gave me road rage, which in turn made me wreck my car. They bilked me out of a $5,000 insurance payment.
They are a great vampire squid wrapped around the face of [...]
Image: TechCrunch
Arnold Schwarzenegger’s office sent this veto letter to San Francisco assemblyman Tom Ammiano. Read horizontally, it looks innocent enough. But when you read vertically, it says “I Fuck You.”
According to the San Francisco Chronicle,
Schwarzenegger’s press secretary, Aaron McLear, insisted Tuesday it [...]
The Harvard Business Review’s David Silverman is documenting peoples’ recovery curves after they face unexpected career hardship. As part of his project, he has been interviewing CEOs’ experiences with failure. Here’s an excerpt from his recent blog post on the subject:
I’ve met people who’ve seen [...]
Image: PC Magazine
Motorola launched its first Android-based smartphone, the Droid, today. It will cost $199 with a 2-year contract and $100 mail rebate. PC Magazine has more:
…the Droid is a large, slim (0.5-inch thick) phone with a 3.7-inch, 854-by-480 capacitive [...]
As they say, never email anything you wouldn’t want on the front page of the newspapers. So if you’re considering using your work email to send military secrets, a character assassination or even an erotic proposition, then think again – the end result could cost you your job, as well [...]
