Archive for December, 2007

That was the year that was, in semiconductors

by Jeff Dorsch, December 28, 2007, 6:36 am

If anything has prepared semiconductor manufacturers for the market challenges of 2008, it was the year just past.

To paraphrase Dickens, 2007 was the best of times for some chip makers and the worst of times for others. Wireless communications was a double-edged sword, as market forces …

The biggest losers: Holiday retail 2007

by Alexandra Biesada, December 27, 2007, 6:21 am

While it’s still too soon after Christmas to declare this holiday shopping season a flop, it’s not looking good for many of the nation’s major retailers. With the caveat that some 16% of holiday retail sales occur the week after Christmas, which …

Why aren’t there more oil refineries in the US?

by Stuart Hampton, December 26, 2007, 6:40 am

With gas pump prices sitting at $3 or more a gallon, a question keeps coming up. Why aren’t there more refineries in the US?

According to the Energy Information Administration, the US had more than 300 operating refineries in the early 1980s. By 2007 the number of refineries …

Loose screws of the business world

by Ryan Caione, December 21, 2007, 6:19 am

Year-end lists, is there anything they can’t do? They dish out convenient bite-site morsels of information, provide periodicals with easy copy around the holidays, and help bloggers like me on a deadline before vacation. Sure, they’re not necessarily news, but they’re usually good conversation (or debate) fodder.

One …

DNA tests! Get your DNA test for only $200!

by Anne Law, December 20, 2007, 6:43 am

Sounds like a great deal, doesn’t it? There are quite a few companies out there marketing such genetic tests, offering gullible customers a profile of their health risks for a modest fee. According to experts, however, these tests are being marketed …

Tata faces economic patriotism from Jaguar dealers, hoteliers

by Patrice Sarath, December 19, 2007, 6:41 am

Do you know what they say about buying a Jaguar? That when you buy one you better also get the little trailer that comes with, so you can bring your mechanic with you everywhere!

OK, enough Jaguar-bashing. Although American Jaguar dealers have expressed …

Naughty or nice food bugs: Probiotics

by Barbara Murray, December 18, 2007, 7:00 am

Food manufacturers and their scientists have checked their lists (one hopes at least twice) and found some bugs that are nice, and they’re adding them to your food.  These nice bugs are called probiotics and they are bacteria similar to those naturally found in the human …

Holiday shopping worries on both sides of the Atlantic

by Alexandra Biesada, December 17, 2007, 6:08 am

Whether shopping on the High Street or Main Street, the conventional wisdom is that both British and American consumers will be keeping tighter grips on their wallets — or notecases as they’re called over there — this holiday season.

With the fallout from the subprime …

Biogen Idec abandons its search for a buyer

by Kristi Park, December 14, 2007, 6:57 am

It was just October, when Biogen Idec announced it was looking for a buyer, that everyone was hot and bothered about the prospects of a big deal. In particular, Pfizer — with so much of its profit depending on drugs soon to lose patent …

Computer retail landscape continues to shift as CompUSA shuts stores

by Linnea Kirgan, December 13, 2007, 6:18 am

Consumers looking for a one-stop shop for all things computers will now have one fewer option. The struggling CompUSA retail chain announced last week that it would close or sell all 103 of its US locations. Earlier this year, the company closed an additional 100 stores, with …