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01 Apr 2009 22:22

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Biz, World: That G20 thing in London drew hardcore protesters

In case you’re wondering if people are pissed about the economy in the U.K., uh … source
Posted by Ernie Smith • 0 Comments • Permalink

01 Apr 2009 10:47

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Biz, U.S.: No April Fool’s joke here: Layoffs are still going up.

  • 742,000 private-sector jobs went kaput in March; that’s a record source
Posted by Ernie Smith • 0 Comments • Permalink

01 Apr 2009 10:37

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Biz: Have a Circuit City credit card? Best Buy is taking pity on you.

  • From one big-box store to another. As you might remember, Circuit City collapsed pretty spectacularly earlier this year – perhaps the biggest non-financial entity to fall apart due to the credit crisis. But they did have their hands in the financial cookie jar a little bit with store credit cards. Rather than let the cards just die, Best Buy will accept them starting in May. Not good, not bad, just ambivalent. source
Posted by Ernie Smith • 0 Comments • Permalink

31 Mar 2009 22:14

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Biz, World: The Guardian says screw print – they’re going Twitter-only.

  • Who needs presses when you’re on the forefront of technology? The Guardian, one of the best papers in the U.K. – hell, the world – is going to try a great experiment, starting today. They’re going Twitter-only. Among the new technologies they’re launching include “Gutter,” a collaboration with Twitter that will filter out all notable liberal opinion. We wish them the best. Also, in other news, our rent would be due today if we lived in London. source
Posted by Ernie Smith • 0 Comments • Permalink

31 Mar 2009 22:02

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Biz, Politics: Opinion: If GM or Chrysler fail, is nationalization really that bad?

  • It’s the kind of daunting task that calls for a great national project. Nationalizing the first automaker to go would give us a lab for that project, and save American manufacturing to boot.
  • Non Vivant Blogger John Zwick • Suggesting the idea of a nationally-reworked car company; Zwick suggests that the it would allow the country to move towards cleaner, greener cars and into a more modern approach to an industry famous for bloat. We’re sure some might claim it’s socialism or *gasp* communism, but that’s why this article is clearly marked as opinion, so you jerks can’t claim we’re the ones saying it. As it is, Zwick is making a reasoned argument. • source
Posted by Ernie Smith • 0 Comments • Permalink

30 Mar 2009 21:29

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Biz, U.S.: Now that Rick Wagoner’s resigning, he’s retiring like a bandit

  • $20 million size of the bailout, a.k.a. retirement, that Rick Wagoner’s getting source
Posted by Ernie Smith • 0 Comments • Permalink

30 Mar 2009 10:56

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Biz, U.S.: To the Detroit papers: Fingers crossed today

  • The papers – The Detroit Free Press and The Detroit News – will stop delivering to homes most days of the week and will become a product that focuses mainly on box sales and online content. source
  • They’re two of many papers to make a change like this lately, but this one at least seems to be an effort to keep the products alive – the entire editorial staff for both papers is staying put for now. source
Posted by Ernie Smith • 0 Comments • Permalink
 

30 Mar 2009 10:43

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Biz, U.S.: Stocks are down! Time for a photo of a fretting investor!

As you might imagine, they really didn’t like the GM/Chrysler auto bailout news. So, now they’re fretting. source
Posted by Ernie Smith • 0 Comments • Permalink

30 Mar 2009 00:34

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Biz, U.S.: Auto bailout: Why Obama’s finally trading the carrot for the stick

  • We think we can have a successful U.S. auto industry.
    But it’s got to be one that’s realistically designed to weather this storm and to emerge — at the other end — much more lean, mean and competitive than it currently is.
  • President Barack Obama • On Face the Nation yesterday morning; the president and his administration feel that the automakers (particularly Chrysler, who seems to have given up hope for anything but a merger) are not doing enough to aggressively restructure their companies in the face of impending doom. • source
Posted by Ernie Smith • 2 Comments • Permalink

30 Mar 2009 00:30

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Biz, U.S.: The bailed-out auto companies are pretty much screwed

  • 60 days for General Motors to restructure in a way that doesn’t suck; if it doesn’t, the bailout funds go dry. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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