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30 May 2009 15:43

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Biz, U.S.: Good news! We can complain about gas prices again!

  • 20% increase in gas prices in the last 32 days. Whoa.
  • 52% increase in gas prices since January 1. Double whoa. source
Posted by Ernie Smith • 0 Comments • Permalink

06 May 2009 10:34

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Biz, U.S.: A good chunk of homeowners are swimming in debt

  • 21.8% of all homeowners – almost 20 million – owe more than their homes are actually worth
  • 67.2% of all homeowners in Las Vegas alone (!) gambled the wrong way with their homes source
Posted by Ernie Smith • 0 Comments • Permalink

20 Apr 2009 09:40

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Biz, Tech: Maybe it was a good thing IBM didn’t get Sun, and Oracle did

  • $7
    billion     amount IBM was willing to pay for the technology company
  • $7.4 billion amount Oracle agreed to buy the company for; the value went up, see? source
Posted by Ernie Smith • 0 Comments • Permalink

19 Apr 2009 21:23

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Biz: The Fortune 500 is worth a lot less than they were before

  • 85% decline in the Fortune 500’s profits from 2007 to 2008 source
Posted by Ernie Smith • 0 Comments • Permalink

13 Apr 2009 23:58

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Biz, Tech: YouTube is a giant sinkhole for money

  • $470 million in anticipated losses in ’09. Whoa. source
Posted by Ernie Smith • 0 Comments • Permalink

14 Mar 2009 19:53

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Biz: Bernie Madoff is worth a lot of money, but not enough

  • $823 million Madoff’s approximate net worth, according to court papers
  • $65 billion amount Madoff defrauded from investors; sucks to be him source
Posted by Ernie Smith • 0 Comments • Permalink

11 Mar 2009 21:13

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Biz: Billionaires are suffering just like us regular people

  • -23% dip in billionaires’ assets. Times r tuff. source
Posted by Ernie Smith • 0 Comments • Permalink
 

22 Feb 2009 09:57

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Biz: You shouldn’t invest in a company that named a stadium

  • 4.7% decline below the S&P 500 average for companies involved in a sports venue naming rights deal
  • 9.1% decline in a company’s overall value, on average, when a naming rights deal was still in place source
Posted by Ernie Smith • 0 Comments • Permalink
 
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