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16 Mar 2010 21:13

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Biz: Honda trying to be like Toyota in the worst way possible

  • 412,000 cars recalled for bad brakes source
Posted by Ernie Smith • 0 Comments • Permalink

16 Mar 2010 10:58

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Biz: Blame the snow: New home-building way the frack down

  • 5.9% dip in new housing starts (stupid snow) source
Posted by Ernie Smith • 0 Comments • Permalink

16 Mar 2010 10:38

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Biz: The New York Times was taken to the cleaners by Carlos Slim

  • 14.1% the amount of interest on Carlos Slim’s $250 million loan, at a time when there was no inflation whatsoever
  • 15.9M number of warrants of stock the Times gave Slim; thanks to a rally, Slim has made $77 million on stock alone
  • $112M amount Carlos Slim
    has already made back on his journalistic investment in just a year; holy crap source
Posted by Ernie Smith • 0 Comments • Permalink

15 Mar 2010 20:16

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Biz: It’s official: The runaway Prius incident is a complete media circus

Look at that runaway Toyota Prius fly! It’s like going so fast it’s not gonna stop! Press down on that brake! Oh. It stopped. Would you look at that? source
Posted by Ernie Smith • 0 Comments • Permalink

15 Mar 2010 11:18

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Biz: Online news readers fairly loyal, not willing to give you money

  • 35% of news readers have a favorite news site
  • 57% of readers use between two and five sites
  • 7% are willing to pay to read the news online source
Posted by Ernie Smith • 0 Comments • Permalink

15 Mar 2010 11:05

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Biz: Odd: Toyota couldn’t make that guy’s runaway Prius run away

  • They suggest that he might’ve been lying. Last week’s uber-bizarre story, the guy whose Prius had a stuck gas pedal and was talked to safety by police, may get even weirder. Apparently, technicians have been playing with the guy’s car and have not been able to replicate the circumstances that created the incident. Driver Jim Sikes says that he stands behind his story, BTW. source
Posted by Ernie Smith • 0 Comments • Permalink

15 Mar 2010 10:30

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Biz: Tommy Hilfiger’s clothing brand apparently still worth money

  • $3 billion paid by Phillips-Van Heusen
    for the lame-@$$ brand source
Posted by Ernie Smith • 0 Comments • Permalink
 

14 Mar 2010 21:46

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Biz: Two thresholds for Chris Dodd’s new bank-regulation plan

  • $10
    billion     the amount of assets a bank would have to have to be sanctioned for a consumer-rules violation
  • $50
    billion     the amount of assets a company would have to have to fall under the U.S.’s regulatory watch source
Posted by Ernie Smith • 0 Comments • Permalink

14 Mar 2010 20:56

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Biz: EMI could be pulled in half by two different suitors

  • music Warner Music Group wants a
    piece of EMI’s recorded output,
    which includes such archive artists
    as the Beatles and such current
    artists as Coldplay.
  • lyrics KKR, a private equity group,
    would much prefer the half of EMI’s
    songs which are worth more in
    royalties, the publishing arm. EMI is
    broke, by the way. source
Posted by Ernie Smith • 0 Comments • Permalink

13 Mar 2010 12:35

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Biz: Tribune Co.’s CEO micromanages what can be said on the radio

  • 119 words and phrases you can’t say on WGN radio source
Posted by Ernie Smith • 0 Comments • Permalink
 
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