GM Shuts Down Saturn After Penske Deal Collapses

GM will shut down Saturn as a result of the collapsed Penske deal.

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Mistake #5: Blending In

Okay, so maybe you don’t want to wear Technicolor socks, but if you’ve ever walked into a business meeting without a smile and a handshake, this post is for you. This post is the fifth in the series 8 Mistakes Men Don’t Make. Blending… Read more

Pet Food Proves Recession-Proof, Thanks to Anthropomorphism

Image: Dangerous Intersection We may be resorting to beans and rice for dinner, but Fido isn’t suffering. This Denver Post article points out that the pet food industry is solid as ever: …spending on pets remains robust, with total sales… Read more

When Help Desk Gets Tired of Helping…

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Analysts: Toyota Recall Not Expected To Create Lasting Company Damage

Yesterday, Toyota announced a recall of up to 3.8 million cars, its biggest domestic recall ever. The company is replacing floor mats, which may cause accelerators to stick. BusinessWeek details the recall’s impact on Toyota: …the news… Read more

3 Ways Google Wave Will Change Business

Tomorrow, Google will release the much-anticipated Google Wave, an innovative new communications platform. Mashable goes into depth about what Wave is, and also how it can change business. Ben Parr’s article on Wave’s game-changing features… Read more

Starbucks’ VIA Instant Coffee: A Potential Hit?

Starbucks is releasing its new VIA instant coffee today. Starbucks has executed one of its biggest advertising campaigns ever to promote VIA. The Seattle Times describes the campaign: Starbucks has already put lots of time and money into its… Read more

Tea Party FAIL

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Where to Get Your Free Joe on National Coffee Day

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The Unique Origins of 25 Popular Products

Happy accidents make good inventions. Spills, explosions, odd chemical reactions, and plain old forgetfulness produced some of today’s most practical products. From saccharin to shopping carts, each of the inventions below has a strange and unique… Read more

Clueless Parent FAIL

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Mistake #4: Resisting Duality

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JNF Asset Management COO Perishes in Fatal Escalator Accident

Image: Wikimedia Commons James Vellanti, COO of the New York hedge fund JNF Asset Management, fell to his death early this morning in an Atlantic City accident. FINAlternatives has more: Vellanti…was declared dead after falling from an… Read more

Abbott Labs Buys Solvay Pharmaceuticals Business for $6.6 billion

Abbott Laboratories will buy chemical/pharmaceutical company Solvay’s pharmaceuticals business for $6.6 billion. MSN Money has more: The companies already co-market Tricor and TriLipix for controlling blood fats called triglycerides. A deal… Read more

New Recovery.gov Site Launches

The government Recovery Accountability and Transparency Board launched a new version of Recovery.gov today. The website tracks government recovery money by state, agency, and even ZIP code. The New York Times reports: Earl E. Devaney, the… Read more

 

Business Notes

Ford stock jumped to $7.50/share today, after the company posted a surprise profit.

Apple is killing it with its new iMac, Magic Mouse, and Mac mini.

GM will shut down Saturn as a result of the collapsed Penske deal.

Google has purchased reCAPTCHA, which could help its text scanning project.

The postal service is offering workers up to $15,000 to leave their jobs.

... More Biznotes


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