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06 Apr 2009 12:17

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Biz: The foreclosure industry: Your misery is our good luck

  • Things are going tremendously. It has never been this good.
  • Darren Johnson • A “real estate owned” foreclosure agent from Detroit, talking about how well the foreclosure industry is going at the moment. Glad to know that someone’s doing OK. • source
Posted by Ernie Smith • 0 Comments • Permalink

05 Apr 2009 10:26

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Biz: Online ad sales are up, but it’s deceptive growth

  • 6.7% expected rise in online ad sales, mostly worldwide source
Posted by Ernie Smith • 0 Comments • Permalink

04 Apr 2009 11:17

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Biz, Tech: From Sam’s Club to pro gaming to … Sam’s Club

  • Going into this, I busted my heart out. It felt like I put in all this energy to build something big. I felt like everything I built up was gone.
  • Emmanuel Rodriguez • A professional gamer in the Championship Gaming Series, which was shut down abruptly and unexpectedly by DirecTV in November. He started again at Sam’s Club, his former job, recently. Rodriguez, who went by the nickname “Master,” is the victim of the recession, which has played a huge role in the steep decline of professional gaming after a quick ascent. • source
Posted by Ernie Smith • 0 Comments • Permalink

03 Apr 2009 15:29

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Biz, U.S.: Good God, these unemployment numbers suck

  • 8.5% of people The unemployment rate in March – the highest level in 25 freakin’ years. Sigh. source
Posted by Ernie Smith • 0 Comments • Permalink

03 Apr 2009 07:01

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Biz: IBM tries to steal some sunshine with a big aquisition

  • $7 billion to buy Sun and form a really big, bright and blue company source
Posted by Ernie Smith • 0 Comments • Permalink

02 Apr 2009 21:18

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Biz, World: Notable number #4: The agreed-upon G20 package

  • $1.1 trillion in loans will be put in place to help finance trade source
Posted by Ernie Smith • 0 Comments • Permalink

02 Apr 2009 10:12

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Biz, U.S., World: Five quick highlights from inside the G20 summit

  • Steps are being taken to make sure countries avoid protectionism with funds. source
  • Countries are hashing out details on the level of regulation of global financial institutions. source
  • Some countries want everyone to agree on regulating tax havens, such as Hong Kong. source
  • A bunch of money – $100 billion more – is being put aside to help world trade. source
  • Obama said the U.S. would not be a “voracious consumer market” again. source
Posted by Ernie Smith • 0 Comments • Permalink
 

01 Apr 2009 22:56

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Biz, Politics: Editorial: Carmakers could have pulled the electric trigger long ago

  • In Michigan, we are doing everything we can to become the home of this new electric auto industry – and to the jobs this industry will create.
  • Gov. Jennifer Granholm • On the rebuilding of the industry that’s the cornerstone of that state. GM had a chance to do the electric car right and a captive audience, and they limited its appeal and let it die. It seems like a sad commentary on our country’s priorities that it takes near-bankruptcy to convince the auto industry to properly give electric cars an actual shot. • source
Posted by Ernie Smith • 2 Comments • Permalink

01 Apr 2009 22:40

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Biz, Offbeat, U.S.: A bunch of broke people left their boats on the coast

Time to start living our dream: Squatting in some dude’s dinghy in Florida, drinking Jack from the bottle and having no money. source
Posted by Ernie Smith • 0 Comments • Permalink

01 Apr 2009 22:33

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Biz, World: The key chant by G20 protesters as they trashed RBS

  • These streets, our streets! These banks, our banks!
  • Mob of protesters • As they were ganking a Royal Bank of Scotland location in London during the G20 summit and drawing attention from media sources all over the world. That’s one way to make yourself heard, guys. Wait a second? Isn’t Barack Obama in town? Holy crap! • source
Posted by Ernie Smith • 0 Comments • Permalink
 
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