From the “how not to do business” file:
In what’s already been heralded as one of the more boneheaded business moves of 2007, Circuit City laid off 3,400 long-term employees who were being paid above market rate and said it would replace them with …
Archive for June, 2007
More rich kids of business leaders behaving badly
by Vanita Trippe, June 14, 2007, 7:00 am(Editor’s note: This is a continuation of yesterday’s post chronicling the naughty behavior of the rich and famous.)
Although overnight success can certainly lead to headline-grabbing excess (see: Lindsay Lohan, …
Paris Hilton: Not the only rich brat around
by Vanita Trippe, June 13, 2007, 7:00 amLest the news blind you into thinking Paris Hilton is the galaxy’s only misbehaving poor little rich kid, Auntie V is here with a history lesson and …
Bridezilla in a gown from Target? Gasp!
by Alexandra Biesada, June 12, 2007, 7:00 amTarget has won the hearts of middle class Americans by offering great design at great prices. From toasters to teakettles, its emphasis on style has set it apart …
The invisible empire of electronics
by Jeff Dorsch, June 11, 2007, 7:00 amWho made your iPod? No, it wasn’t Apple, although the product was conceived and designed in Cupertino, California. Your iPod was likely made in China by a company called Foxconn, which is the trade name of Taiwan-based Hon Hai Precision Industry, the world’s largest …
Psych! Despite rumors, Bernanke doesn’t lower interest rates
by Patrice Sarath, June 8, 2007, 7:00 amHomebuilders are probably ready to egg Ben Bernanke’s house.
Despite rumors, the Fed chairman declined to lower interest rates as investors had expected and hoped this week. With the economy growing modestly and inflation under control, the Fed has no …
Sunken treasure makes Odyssey’s stock golden
by Daysha Taylor, June 7, 2007, 7:00 amThe stock of Odyssey Marine Exploration has been on the rise since the Tampa-based shipwreck recovery company announced that it has recovered about 17 tons of Colonial-era silver and gold coins from a shipwreck in the Atlantic Ocean. The $500 million payday from …
The end is near
by Larry Bills, June 6, 2007, 7:00 amThere’s a new and exciting development going on in the business of television. Selected programs at the heights of their creative and financial power are actively deciding to end their shows. And the networks are letting them. And everyone thinks it’s great! Well, except for some fans …
The last days of Internet radio?
by Lee Simmons, June 5, 2007, 7:00 amI am one of the many consumers of Internet radio, a godsend to the computer-bound worker. Internet radio has introduced me to countless new musical artists over the past few years and provides a constant and exhilarating soundtrack to my workday. Stations like KUT (Austin) …
Home purchases require some serious homework
by Vanita Trippe, June 4, 2007, 7:00 amTwo young couples very dear to me are about to make that most daring of leaps. No, not marriage or parenthood. They’re buying houses.
While I’m not a pro, I do have several real estate purchases under my belt (as well as some that didn’t come to pass). …
