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14 Sep 2009 09:31

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Biz, Tech: T-Mobile’s parent might buy Sprint. B … but … the unlimited plan!

  • The Now Network might be a thing of the past. Sprint’s shares surged this morning on word that Deutsche Telekom AG was looking into buying the third-largest wireless company. Now, T-Mobile isn’t a bad company, so it’s not like, we don’t know, AT&T buying them, but Sprint JUST announced this killer unlimited plan. We could see it going away under T-Mobile. source
Posted by Ernie Smith • 0 Comments • Permalink

13 Sep 2009 12:20

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Biz: Let’s not pretend that newspapers aren’t dying. Let’s talk about it.

  • It’s a bold approach to take. Newspapers across the U.S. have felt the devastating effects of the economy on their business, and the San Jose Mercury News is a microcosm for the whole mess. Caught in the center of more than one major storm – the merging of Knight Ridder with McClatchy (which destabilized the entire industry), its purchase by MediaNews, and the ensuing cuts – the paper went from crown jewel to shell of its former self in a few short years. Mercury News columnist Mike Cassidy asks for help from readers in today’s paper – it’s frank, it’s honest and it hides nothing. Good for them. source
Posted by Ernie Smith • 0 Comments • Permalink

09 Sep 2009 11:10

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Biz: Perfect for a crazy cat lady: Bernie Madoff’s old penthouse

  • $10 million in ill-gotten catnip, and it’s all yours source
Posted by Ernie Smith • 0 Comments • Permalink

07 Sep 2009 20:34

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Biz: Ex-Lehman Bros. CEO Dick Fuld tired of getting “dumped on”

  • You know what? The anniversary’s coming up. I’ve been pummeled, I’ve been dumped on, and it’s all going to happen again. I can handle it. You know what, let them line up.
  • Former Lehman Bros. CEO Dick Fuld • Describing the torrent of criticism he’s gotten since the company completely collapsed last year. Fuld has been a bit press-shy since the collapse for understandable reasons. “Nobody wants to hear it,” he says. “The facts are out there. Nobody wants to hear it, especially not from me.” The full article is quite good. If you choose one link to click on tonight, choose this one. -> • source
Posted by Ernie Smith • 0 Comments • Permalink

07 Sep 2009 09:57

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Biz: I love lamp: Consumers less materialistic based on silly lamp choices

  • 78% of those polled chose Wal-Mart over Tiffany source
Posted by Ernie Smith • 0 Comments • Permalink

07 Sep 2009 09:37

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Biz: Cadbury buyout offer: This may be the day’s only piece of news

  • $16.7 billion size of the offer Kraft made; it was swatted away by the chocolate egg giant source
Posted by Ernie Smith • 0 Comments • Permalink

05 Sep 2009 19:18

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Biz, U.S.: All those jobs lost? They may not be back for a while

  • 2014 when employment could level out again source
Posted by Ernie Smith • 0 Comments • Permalink
 

05 Sep 2009 00:58

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Biz, Tech: Amazon finally rights its Orwellian wrongs on Kindle users

  • You can have your books back. Or, if you want, $30. Back in July, a big to-do broke over Amazon’s ironic handling of the books “1984” and “Animal Farm,” two George Orwell books that tackled the very issues Amazon created when they took them away from readers. Realizing that they done #(^@!* up, the sent an e-mail to affected users offering to fix the problem. Which just goes to show you: You can’t take back stuff you already sold, idiots. source
Posted by Ernie Smith • 1 Comment • Permalink

05 Sep 2009 00:45

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Biz: The new definition of healthy food is perhaps a bit too broad

  • These are horrible choices … It’s a blatant failure of this system and it makes it, I’m afraid, not credible.
  • Harvard School of Public Health Nutrition Department Chair Walter C. Willett • On the food industry’s “Smart Choices Program,” which allows marketing to go on healthy food. Problem is, the healthy food includes such good-for-you staples as mayonnaise, Fudgesicle bars, Cocoa Krispies and Froot Loops. In the case of Froot Loops, the food meets the guidelines for fiber and Vitamins A and C, but doesn’t exceed the guidelines for fat, sodium and sugar. Even so, a box of Froot Loops is made up of 41% sugar. • source
Posted by Ernie Smith • 0 Comments • Permalink

04 Sep 2009 11:28

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Biz: American Apparel’s Dov Charney very sad about immigrant layoffs

  • Many of you have been with me for so many years, and I just cry when I think that so many people will be leaving the company. It is my belief that immigrants bring prosperity to any economy.
  • American Apparel CEO Dov Charney • In a letter to employees. The letter is one of those things that could come off like some jerk CEO just saying nice things, but instead it comes off really sincere. In the letter, he notes that his grandmother worked as an immigrant in a clothing factory, and his grandparents later paid seed money for him to start his company. He’s also offering priority to laid-off employees in getting new jobs with the company once their immigration status is straight. Charney gets lots of criticism from the press, but this screams “class act.” • source
Posted by Ernie Smith • 0 Comments • Permalink
 
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