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01 Jun 2011 17:55

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Biz: U.S. auto companies beat foreign competitors in May, with a caveat

  • USA! USA! May was the first month in five years that Detroit’s Big Three automakers beat their foreign competition in total sales, likely welcome news to those who rely on the domestic auto market to make their livings.
  • easy there The Big Three’s big win came on the backs of a terrible month for foreign competition — Toyota was down 33%, and Honda 23%. This allowed U.S. auto companies to take the lead, despite actually seeing a drop in sales. source
Posted by Chris Tognotti • 0 Comments • Permalink

19 Jan 2011 11:11

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Biz: Goldman Sachs has crappy quarter; sucks to be them

  • 53% the dip in Goldman Sachs’ fourth-quarter profits (after many hugely profitable quarters last year)
  • 39% the decline in Goldman’s bond-trading revenue; Goldman blamed “generally low client activity levels”
  • 2.5% the decline in their stock this morning, which has generally been strong during the financial crisis source
Posted by Ernie Smith • 0 Comments • Permalink

02 Jan 2011 21:33

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Culture: In general, we’re watching more television – and a LOT less CNN

  • +1% the increase in the total audience on all cable and broadcast television channels in 2010
  • -7% the decrease in Fox News’ total audience – they’re still on top of the cable news game
  • -34% the decrease in CNN’s total audience – the worst of any cable network, period source
  • » Time to bring back “Pop-Up Video”: Behind CNN, the second-biggest loser in cable was VH1 (down 31 percent), which, unlike big gainer The History Channel (up 34 percent), is unable to bank on an antiques-and-pawn-shop lineup to pump up the ratings.
Posted by Ernie Smith • 0 Comments • Permalink

30 Nov 2010 10:55

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Biz: After recent gains, home prices see depressing, frustrating decline

  • 2% decline in home prices in the third quarter; double-dip? source
Posted by Ernie Smith • 0 Comments • Permalink

28 Sep 2010 11:08

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Tech: Consumers feeling less confident, more self-conscious

  • 48.5 the consumer confidence level in September – the lowest since Feburary
  • 53.2 the consumer confidence level in August, so yeah, it went way down this month source
Posted by Ernie Smith • 0 Comments • Permalink

18 Sep 2010 15:25

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Culture: Porn stars: We’re starving; pay for our greatest resource, porn

  • “This is my serious face.” No irony exists in this video, created a few months ago by a porn-industry group called the Free Speech Coalition and featuring numerous porn stars and behind-the-scenes figures, whose wholesome livelihoods are getting greatly damaged by the so-called “Tube” sites that offer a similar product for free. Apparently the popularity of those sites have knocked porn-company revenues down by a third or more. Which is why these porn stars decided to put their clothes on for a change. They’re all ready for the congressional hearing. source
Posted by Ernie Smith • 0 Comments • Permalink

17 Sep 2010 20:13

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Tech: Best Buy’s CEO says something pretty stupid, retracts quickly

  • admissionBest Buy’s CEO, Brian Dunn, was quoted as saying that iPad sales had cut into notebook sales by as much as 50 percent.
  • retraction Now Dunn is trying to back off from his claims, saying they were “not an accurate depiction of what we’re currently seeing.” Ya think? source
Posted by Ernie Smith • 0 Comments • Permalink
 

02 Sep 2010 10:31

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U.S.: WHOO: Illegal immigration dips by nearly 67 percent

  • 850,000 number of people who illegally entered the U.S. between 2000 and 2005 (which is huge)
  • 300,000 number of people who did the same thing between 2007 and 2009; this is a pretty big deal source
Posted by Ernie Smith • 0 Comments • Permalink

27 Aug 2010 11:38

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Biz: The numbers on the economy match the public sentiment

  • 83% of people agree that the economy freaking sucks source
Posted by Ernie Smith • 0 Comments • Permalink

27 Aug 2010 11:31

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Biz: Depressing numbers: Economic growth slows to a freaking crawl

  • 5% the size of economic growth (at an annual rate) in the last three months of 2009
  • 3.7% the growth in the economy (at an annual rate) in 2010’s first quarter
  • 1.6% the growth in the most recent quarter, which is a huge sign of economic slowdown source
Posted by Ernie Smith • 0 Comments • Permalink
 
 
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