Category: Business

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  • MySpace Admits Defeat, Goes Niche

    MySpace is done competing with Facebook and Twitter. Instead, the News Corp. subsidiary announced that it will gradually roll out a redesign that will transform it into an entertainment site targeted at Gen-Yers. The New York Times has the story: (MySpace CEO Mike) Jones said that Myspace would no longer seek to compete with Facebook, […]

  • The 10 Most Expensive Halloween Costumes of 2010

    Expensive Halloween costumes are recession-proof. How else could certain hedge fund managers and health insurance company CEOs wow their respective Halloween parties? When we nosed around for 2010’s most expensive Halloween costumes, we found that the quality of your costume is not necessarily related to the quantity of money you spend. But if you insist […]

  • Sony Stops Manufacturing the Walkman

    Image: Esa Sorjonen/Wikimedia About a decade later than you’d think they would have, Sony finally stopped manufacturing the Walkman portable cassette player whose current incarnation is, arguably, the iPod Nano. Sony was still making the tape player in Japan, until this week. 220 million Walkmans were sold around the world before the 30-year-old tape player’s […]

  • Fairfield Interview #4: Diana Bourgeois of Networking in High Heels

    This is the fourth interview in our Fairfield Small Business Challenge series. Diana Bourgeois helps women connect. Through Networking in High Heels, her women-only networking community, Diana creates a forum for women to master the art of networking well. Her program also empowers women through charity and mentorship. So far, Diana has helped create Networking […]

  • Facebook Apps Secretly Share User Info

    Image: CNET’s Surveillance State Another Facebook privacy gaffe has hit the fan, thanks to a Wall Street Journal investigation. A number of popular Facebook apps, including Farmville, have been sharing information with third-party advertisers and data companies. The Wall Street Journal’s investigative report has more: The apps, ranked by research company Inside Network Inc. (based […]

  • This Week’s Weird Jobs

    You have to be pretty desperate to pursue some of the jobs on this list, mostly because they don’t quite sound legit. Better to go for a $3/hour toilet cleaning gig than some of the “big money” opportunities below: 1. United Arab Emirates: manufacturer of Masharabia? Do you have an email for a manufacturer of […]

  • Interview With Mark Fields, Ford’s President of the Americas

    Interview and report by Drea Knufken. In an economy filled with zombies and sinking ships, the Ford Motor Company stands out as a beacon of success. When the recession corralled Detroit’s Big Three car companies, Ford alone refused a government bailout. But sagging profit margins, a flabby product line and deep debt still infested the […]

  • Boss’s Day 2010 is Saturday, Oct. 16

    If you want to honor your boss for Boss’s Day 2010, Friday might be your day. The Hallmark holiday, which stubbornly occurs on October 16 every year, falls on a Saturday this year. How do you make your appreciation for your boss heard without your gift coming across as a bribe? Here are some general […]

  • 15 Religious Swindles That Shame the Holy Name

    What crime combines billions in annual earnings, sneaky accounting, a lack of media coverage, and the good Lord himself? Religious fraud. Conning the faithful, it turns out, is a lucrative art. Christian leaders alone stole more than $27 billion in 2009, according to one estimate. Such leaders steal more money than is spent annually on […]

  • Chinese National Offshore Oil Corp. Buys Major Texas Shale Stake

    Chinese National Offshore Oil Corp., or CNOOC, is buying a $1.08 billion (or 33%) stake in Chesapeake Energy Corp.’s Texas Eagle Ford shale project. It is the biggest Chinese acquisition of a US oil and gas company to date, according to Bloomberg, which has the story: The sale gives Cnooc its first energy asset in […]