February 2009
Monthly Archives
Latest stories
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Even Berkshire Hathaway Isn’t Immune to Bad Economy
2008 was Berkshire Hathaway’s worst year ever, according to its annual letter to shareholders. Has the Buff lost his touch? Probably not–Berkshire Hathaway was just doing what it always does, but in a horrible economy. The Wall Street Journal reports: Warren Buffett’s Berkshire Hathaway Inc. reported Saturday morning that 2008 was the legendary investor’s worst […]
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The 10 Most Valuable Blogs on the Web
24/7 Wall Street has compiled its annual list of the 25 most valuable blogs. The CS Monitor describes trends in blog valuation, and lists the top 10 on the list: With the economy spinning, ad dollars evaporating, and the much-covered election over, many wondered how blog appraisals would change. This morning, we found out just […]
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Topless Coffee Shop Sexifies Sipping in Frigid Maine
When coffee doesn’t sell, add a shot of sex. According to the people behind Maine’s Grand View Coffee Shop, bare chests will put a lagging town back on the map. Jaunted reports: Yesterday, The Grand View Topless Coffee Shop located in Vassalboro, Maine, held its grand opening. Only adults over the age of 18 are […]
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5 Little Known Facts About the Academy Awards
You know them for the red carpet, the stars’ dresses, and the corny acceptance speeches. But did you know that the first Academy Awards were a private function hosting only 250 people? Check out the five little-known facts about the Academy Awards below: 1. The 1st annual Academy Awards were held in 1929. The setting […]
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California Budget Passes, to Popular Dismay
A new California budget plan has been approved this morning, after 15 weeks of indecision. The Wall Street Journal reports: California’s legislature approved a plan Thursday morning to close the state’s $42 billion budget deficit through steep cuts and new taxes, after state leaders corralled the last Republican vote needed to end a 15-week partisan […]
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20 Animals That Have Been Cloned
With cloned steaks hitting supermarket shelves, cloning is gaining momentum as a major (ahem) cash cow. Scientists have been effectively cloning animals since the early 1960s, when a Chinese embryologist cloned an Asian carp. It’s just a matter of time until cloned humans start emerging from test tubes; meanwhile, we natural-borns are just starting to […]
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Facebook Terms of Use Back to Normal
After a veritable Internet coup, Facebook’s Terms of Use have gone back to the way they used to be. In other words–relatively harmless. From the New York Times: After a wave of protests from its users, the Facebook social networking site said on Wednesday that it would withdraw changes to its so-called terms of service […]
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Wal-Mart Posts More than $400 Billion in Sales
While everyone else is pinching pennies, Wal-Mart is doing just fine, thank you very much. The Financial Times reports: Wal-Mart, the world’s largest retailer, beat expectations after its US discount stores accounted for about 50 per cent of all US retail growth during 2008 – while its full-year global sales passed $400bn for the first […]
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10 Craziest Ways People Are Making Money
It can pay to think outside the box when it comes to making money. Especially when you find out there’s actually a niche for your crazy idea. Here are the ten craziest ways people are making money, Wall Street wizardry excluded: 1. The Hair Trader Jacalyn Elise co-founded this online company that lets users post […]
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Trump Bankruptcy: Third Time’s a Charm
The Wall Street Journal reports on the Trump bankruptcy, which will be Trump casinos’ third: Trump Entertainment Resorts Inc., Donald Trump’s casino group, is expected to file Tuesday morning for protection from its creditors under Chapter 11 of the Bankruptcy Code, said several people familiar with the matter. The company’s board authorized the filing late […]
