406
Last year at this time, I created Business Pundit’s first 8 Companies Behind the 4th of July list. When I looked over the list again this year, I found that several companies and products listed had dramatically changed since the list was created. InBev bought Anheuser Busch. Kraft was listed on the Dow Jones, no […]
Property Room is an online police auction site that sells “hot” or stolen goods. It turns out that replacing the classic police auction is good business. The Seattle Times has more: PropertyRoom.com (is) a California-based Web site that receives items from the property rooms of 1,600 law-enforcement agencies in the U.S. — 124 in Washington […]
Rest in Peace, Billy.
The Bank for International Settlements (BIS), a 55-member organization of central banks, announced today that “financial products should be treated like medicines,” according to Reuters. More: The BIS was alarmed by how a collapse in the value of opaque and complex securitised products propelled the world’s financial system into crisis. It said in its annual […]
IN case you can’t read the small print, here are the words: The Singapore way! A fire alarm rang at 4PM when almost all shift employees are in office (approx 5000). As usual entire office was evacuated within 3 mins & every employee gathered outside office. 10 mins passed ………. 5 more mins passed………. 5 […]
Michael Jackson died of cardiac arrest today in his Los Angeles home. The shocking news almost overloaded the infrastructure of the entire World Wide Web. Go to TMZ to watch events unfold around Michael Jackson’s death. I haven’t felt this rattled by a celebrity death since Princess Di perished in 1997. Michael Jackson was an […]
This week Amazon.com Inc. sent a letter to California legislators threatening to sever business relationships with affiliates in the state if they passed a law forcing the Seattle based company to collect and remit California sales tax. Last week Amazon sent letter to North Carolina and Hawaii as they got closer to passing similar legislation. […]
The media likes to complain about its own demise. How many stories have you read about dying newspapers, flailing magazines, and sagging book sales? Fortunately, new models are infiltrating the media landscape. These models, which include crowdsourcing, crowdfunding, and nonprofit media, are like saplings sprouting from a burn area. With enough nurturing, they hold incredible […]
Image: Labbyroad Kodachrome, the film invented in 1935 by Kodak, will retire this year. The LA Times has more: Eastman Kodak Co., the photography pioneer whose Kodachrome film inspired Paul Simon’s 1973 hit of the same name, said it will retire the 74-year-old product this year after sales dwindled and most labs stopped processing it. […]
Indian automaker Mahindra & Mahindra is looking to beat the Chinese to the US diesel truck market. Bloomberg has more: Early next year, Mumbai-based Mahindra plans to start selling small 2- and 4-door pickups with a diesel engine that meets California’s strict exhaust rules. U.S. plans for Chinese brands such as Chery Automobile Co. and […]
