GM Announces it May Drop the Hummer

Along with closing four plants and focusing on small-car production, GM announces it might drop the massive, fuel-chugging Canyonero. I mean Hummer.

Other recent stories

Senator Kennedy, Meet Avant

Vaccine developer Avant Immunotherapeutics released Phase 2 data today showing that their brain cancer vaccine may double a patient's survival period. 10,000 Americans, including Senator Edward Kennedy, suffer from the type of cancer the vaccine targets.

Americans Liquidating Assets at a Loss to Survive

Hard-up for cash, Americans are resorting to desperate measures to get enough to survive. The WSJ covers the phenomenon of life-insurance liquidations, reverse mortgages, and the raiding 401K accounts.

WSJ Calls It For Barack Obama

The WSJ is claiming that Barack Obama has won the democratic nomination... apparently Hillary Clinton hasn't heard the news.

Apple Doesn’t Know Economic Slowdown

Apple has reported that it's sales has increased 43% from this time a year ago. Job's contributes their growth to more traffic at their 181 US stores.

Saudi Arabia Pledges $90 Billion to Lift Oil Supply

In the next five years Saudi Arabia plans on spending $90 Billion dollars to lift the oil supply. The plan also encourages investments in energy infrastructure.

The Cure for US Manufacturing… Re-examine Nafta

Presidential hopefuls Clinton and Obama both have a plan to cure US manufacturing. Senator Clinton wants to re-examine Nafta and Senator Obama would threaten Mexico with opting out.

Chinese Stock Index Falls by 50% In 6 Months

According to the Wall Street Journal, China's major stock index has seen a 50% drop in value over the last 6 months. Despite the drop, China's economy remains the fastest growing in the world.

Delta Joins Northwest to Become the World’s Largest Airline

Late Monday Delta Airlines and Northwest agreed to combine airlines. The new airline will be called Delta.

Blockbuster Makes Bid of $1 Billion For Circuit City

Blockbuster, a company that is facing increasing competition in an industry that is going digital, has put in a cash-takeover bid of $1 Billion for the Circuit City chain of stores hoping to create "a chain that could sell portable…

How To Position Your Company As “Fun & Clever”

Honda's current commercial in the UK featuring jigsaw puzzles and rubics cubes is the perfect example of differentiating your company in a stale niche. Instead of boring us to death with another car commercial, Honda has actually peaked our…

Ben Stein’s “Darwin leads to Hitler” point shows No Intelligence

It'll probably appeal to the conservative masses, but I really don't like the "Darwin entails Hitler" idea that gets propagated in Ben Stein's new movie "Expelled: No Intelligence Allowed"

The Best Types of Charities Empower The People They Help

I've always felt that the best charities are the ones that empower people to make a better life. Here's a cool story about a lawyer who is helping to bring the joy (and economics) of golf to the boys…

Classic Cars & The Economy

WSJ notes that the current economic crisis is driving down the prices of mid-level classic cars. RideLust points out that the high-end classic car market will be the last to feel the pinch.

BusinessPundit Gains Over 1000 Subscribers in March

Kudos to Lela, Adam, David and Mike. According to Feedburner, BusinessPundit gained over 1000 new subscribers in the month of March.

Business Notes

Joseph Forte, a Philadelphia investment manager, was charged by the SEC for running a $50bn Ponzi scheme. Not again!

Crazy to be an FBI agent, that is. Times are booming for the FBI, which is on its biggest hiring blitz since September 11.

You think the shirtless Obama pictures are accidental? Think again. They are 100% intentional. They are the powerful abs of a youthful Superman preparing for an upcoming battle royale. Message taken.

Ran across this fantastic article from Brainz with 33 Creative Ways To Get Startup Funds For Your Business. Whether your biz is just starting out or trying to stay afloat, this is a great idea starter resource.

This classic is a sweet stocking stuffer for the business- and comedy-minded among you.

... More Biznotes

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