The State of TARP (14 Months Later)
At the center of all the bailouts and government initiatives to ameliorate the subprime meltdown is the Troubled Asset Relief Program, or TARP.
Category: Business
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Burj Dubai, World’s Tallest Building, Opens Today
The Burj Dubai’s height relative to the world’s other tallest buildings. Source: ABDB. The half-mile high Burj Dubai, the world’s tallest building, opens today. Six years in the building, the Burj’s opening happens despite Dubai’s recent debt crisis. The Sun-Times has more: At about 2,600 feet — the exact height is literally a state secret […]
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The 10 Most Expensive Auction Items Of All Time
Auctions are designed to drive up the price of something via competitive, real-time bidding. Some highly desirable items have reached astronomical prices before the hammer fell.
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25 New Year’s Quotes to Ring in 2010
Image: All Proactive Happy New Year! To ring in 2010, we’ve listed 25 new year’s quotes, sayings, and toasts to help you bless the incoming year (and decade): 1. Year’s end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us. -Hal Borland 2. […]
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Light-Emitting Wallpaper to Replace Light Bulbs?
Image: EcoFriendly Tips Energy-saving lightbulbs may reduce carbon output, but there’s something twice as efficient in the works: Wallpaper. A Welsh startup has received more than $500,000 from the UK government-backed Carbon Trust to produce light-emitting wallpaper. The Financial Times reports: The (Carbon) trust has given a £454,000 grant to Lomox, a Welsh start-up company, […]
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Taco Bell to Advertise “Drive Thru Diet” With Christine Dougherty, Who Lost 54 lbs Eating Taco Bell
Remember Jared Fogle, the man who slimmed down eating only Subway food? Now Taco Bell has its own weight-loss marketing weapon, “Christine,” who lost 54 lbs in 2 years by eating Taco Bell’s Fresco menu items. She is now featured as the star of the company’s Drive Thru Diet. ABC News reports: Along with Christine, […]
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12 Highest Paid People of 2009
From CEOs to athletes to Hollywood actors and actresses, even these recessionary times are brimming with high achievers who left the rest of the earning world in their dust this year. In fact, for some of these individuals, 2009 proved to be their personal income peak.
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Against the Odds: Examining the Lottery Industry
So, what are your chances of winning big in the lottery? It turns out, not as slim as you may have thought.
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Book Review: “ESPN: The Company”
I challenge you to evolve a company. Let’s say you and a group of friends have a killer business idea. You create a startup. After a lot of elbow grease, you scrounge up enough funds to get the startup off the ground. Next, you aggressively market, hire, and expand enough to ensure your little company’s […]
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Modest Needs Foundation: Help Out People Affected by the Financial Crisis
If you have $10-20 to give this season, a foundation called Modest Needs lets you find an individual or organization for whom that amount could make a positive difference. The cool thing about Modest Needs, which was just featured in CNN, is that it crowdsources small donations to make big changes for a person or […]
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Arrow Trucking Lays Off Employees by Stranding Them at Truck Stops
Image: Overdrive Digital Tulsa-based Arrow Trucking is leaving its drivers around the country stranded as it faces financial difficulty. Tulsa World reports: Drivers from Tennessee to Wyoming said they have had the company stop payment on their gas cards, stranding them at truck stops around the country. Arrow President and CEO Doug Pielsticker could not […]
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Employees’ Choice Awards: Is Your Company a Good Place to Work?
The folks at Glassdoor.com have just released their annual list of employee-nominated best and worst places to work, called the Employees’ Choice Awards. They gather input through surveys done by employees throughout the year. Here’s some background from the press release: Glassdoor, a career and workplace community bringing greater transparency to company cultures, compensation and […]
