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July 25, 2008 11:13:30 PM CDT


Stories related to: business

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  • July 2008
    • New Stadium Strikes Fear in Mets Foes

      New Stadium Strikes Fear in Mets Foes

      National League teams visiting Shea Stadium this summer can’t help looking past the outfield with fear at the New York Mets’ new home, Citi Field, which opens next year. “It is the ballpark that could make the Mets financially untouchable,” Rich Hofmann writes in the Philadelphia Daily News , urging his hometown Phillies and others to get their swings in now. More »

      Tags

      baseball   business   New York Mets   Philadelphia Phillies   Shea Stadium   spending

    • Yoga Turning B-Schoolers on Their Heads

      Yoga Turning B-Schoolers on Their Heads

      Inner peace through capitalism? Americans spend $5.7 billion a year on yoga classes and products, and now, BusinessWeek reports, yoga clubs are cropping up in some of the country's most high-pressured institutions: top business schools. "Having a yoga practice helped sort through the white noise," one MIT student said. More »

      Tags

      business   Harvard   MIT   stress   University of Chicago   Northwestern University   business school   capitalism   yoga   BusinessWeek

    • CNBC Focuses on Fresh Face of Biz News

      CNBC Focuses on Fresh Face of Biz News

      Since Jim Cramer and Maria Bartiromo became breakout stars for CNBC, the network has been trying to cultivate more of the sort of talent that draws a devoted viewership. Erin Burnett, 32, has enjoyed one of those carefully crafted career trajectories, moving from writer to co-anchor in just weeks. The New York Times examines the rise of CNBC's young asset. More »

      Tags

      business   news anchor   CNBC   star

    • 'Media Titan' Moves in Small (Even Empty) Websites

      'Media Titan' Moves in Small (Even Empty) Websites

      Richard Rosenblatt doesn’t work in Silicon Valley and few people, even there, know his name. But in just 2 years his Demand Media has become a huge player, backed by $355 million in private investment, and pulling in nearly $200 million in revenue this year, the Los Angeles Times reports. His big idea is, well, a small one: eat up thousands of niche social-networking websites, the so-called Long Tail of the Internet, and create tailored content that draws the faithful, and by extension, the advertisers. More »

      Tags

      Internet   business   social networking   Internet advertising   Web 2.0   tech companies

    • Corporate America Tries to Chip Away at Lawyer Bills

      Corporate America Tries to Chip Away at Lawyer Bills

      With corporate legal fees skyrocketing to unprecedented heights—the median amount big companies forked over per outside lawyer in 2007 was more than $600,000—firms are moving to exert some measure of control, Portfolio reports. Some of America’s biggest businesses are taking dramatic steps, like trading long-term agreements for lower fees or creating entirely new billing systems. More »

      Tags

      business   lawyer   legal fees   business intelligence

    • High Prices Pound Gas Stations

      High Prices Pound Gas Stations

      Angry at gas stations for profiting on your financial misery? Think again, the Wall Street Journal reports: They're fast going out of business as oil prices rise. This year's 40% price hike has sent costs soaring, shuttering 3,000 US stations and causing Exxon Mobile to announce the sale of 2,200 more. Closings will also hurt consumers, creating less convenience, less competition, and possibly higher prices. More »

      Tags

      oil price   business   profits   gas stations   regulations   oil industry

    • NYC Biz Leaders Search for Next Mayor/CEO

      NYC Biz Leaders Search for Next Mayor/CEO

      New York Mayor Michael Bloomberg will vacate his office in 18 months, the New York Times reports, and local business honchos are already hunting for a replacement candidate who shares Bloomberg's financial independence and city-as-a-business approach. "What the business community wants is not just a businessman but a Bloomberg-type businessman, who is not beholden to special interests," said one corporate bigwig. More »

      Tags

      New York City   business   politics   Michael Bloomberg   mayor   Donald Trump   billionaires   Richard Parsons

  • June 2008
    • Minutes Dwindle for Networks' War Coverage

      Minutes Dwindle for Networks' War Coverage

      Middle East correspondents are struggling to get stories on the nightly news as TV networks scale back war coverage, the New York Times reports. With violence in Iraq declining and the US public tiring of an open-ended conflict, network execs have focused on hot topics like the contentious presidential primaries. Keeping, and securing, bureaus in violent areas is also quite costly. More »

      Tags

      Iraq war   business   NBC   CBS   ABC   Afghanistan war   media coverage   network news   reporting

    • Broker Breaks Ranks to Rant on Profession's 'Gibberish'

      Broker Breaks Ranks to Rant on Profession's 'Gibberish'

      A London broker who wrote a popular, anonymous newspaper column that lambasted the greed, superficiality, and "gibberish"-peddling nature of his profession is going public, quitting the financial world, and, of course, writing a book about it all, Bloomberg reports. “We didn't invent greed,” said Geraint Anderson, who revealed his identity in TheLondonPaper this week, “but we have certainly become its finest exponents.” More »

      Tags

      Great Britain   business   newspaper   columnists   analyst guidance

    • US, S. Korea Reach Beef Deal

      US, S. Korea Reach Beef Deal

      All US beef imported into South Korea will come from cattle less than 30 months old, officials said today, in a deal made to placate South Korean protesters worried about mad cow disease. Nonetheless, thousands of protesters returned to the streets of Seoul, calling for a complete renegotiation of an April agreement to resume imports of American beef. More »

      Tags

      business   South Korea   beef   US exports   food industry   beef industry   imported food

    • Stealing Home: Five Signs It's Time to Lowball

      Stealing Home: Five Signs It's Time to Lowball

      It's not always the economy, stupid. Even in a weak market, buyers should consider a homeowner's situation before hurling a lowball bid, writes Daniel McGinn in Newsweek . One real estate broker offers five sure signs that a seller is ready to deal: Nobody's home. Sellers who have moved on, or will soon, probably want to unload the property fast.   More »

      Tags

      list   housing market   business   real estate   home sales   homeowners

    • Angel Investors Profit From Slumping Markets

      Angel Investors Profit From Slumping Markets

      The bearish market hasn't stopped angels from acting like bulls, Portfolio reports. Angel investors, those who fund start-ups and small companies, are profiting from Wall Street's woes: Reduced private equity funding has made angels the go-to source for capital, improving their bargaining position and giving them more chances to invest. More »

      Tags

      business   private equity   credit market   investing   startup

    • Spam Thrives in Tough Times

      Spam Thrives in Tough Times

      Americans have gobbled up Spam for 71 years, despite Monty Python parodies and countless jokes about the spongy stuff. But Spam's sales have spiked 10% over the past 12 weeks, as the economy has gone sour and soaring gas prices have been gobbling up household income. In fact, it's no cheaper than real meat, dollars-per-ounce. But its one of those things, like ramen noodles, bus transit and lipstick, Advertising Age reports, that people associate with belt-tightening. More »

      Tags

      food   business   marketing   advertising campaign

    • Foreign Investment in Iraq Up

      Foreign Investment in Iraq Up

      European and Asian investors are taking advantage of the recently stabilized Iraqi business climate, USA Today reports. US firms still regard Iraq as too dangerous to invest in, but that attitude may cost them the best opportunities. The firms “who are getting in on the ground floor are not American," says a Pentagon official. "It's ironic." More »

      Tags

      Iraq   business   America   investment   competition   foreign investment   investment firm

    • Canada Could Hurt Firms It Tries to 'Protect'

      Canada Could Hurt Firms It Tries to 'Protect'

      A move last month by the Canadian government to block the country's top space-tech firm from selling one of its divisions to a US buyer illustrates a tricky balancing act, Christopher Sands writes in the American : How far should Ottawa go to appease nationalist sentiment if it eats into economic benefits? The wariness, Sands notes, extends back to colonial days. More »

      Tags

      business   Canada   Stephen Harper   aerospace   foreign investment   free trade   Defense Industry   protectionism

    • Internet Killed the Video Star That Killed the Radio Star

      Internet Killed the Video Star That Killed the Radio Star

      The MTV generation is pushing middle age, and its favored video-delivery system is falling victim to YouTube, the Independent reports. Younger audiences–those key 16- to 24-year-olds–turn to the Internet for the hottest new music, and MTV's attempts to reconnect have failed. They include stabs at social networking and user-generated content. More »

      Tags

      television   YouTube   business   social networking   music industry   MTV

  • April 2008
    • Venture-Capital Investments Decline

      Venture-Capital Investments Decline

      Venture capitalists’ investments declined 5% in the first quarter to $7.1 billion, compared with $7.5 billion this time last year, suggesting entrepreneurial concerns over startups in a troubled economy, the AP reports. The change marks the first year-to-year dip since late 2005. Still, the figure was the fifth-largest for a single quarter since 2001. More »

      Tags

      credit crisis   business   economy   IPO   venture capital   investment

    • Japanese Women Turn to 'Geisha Guys'

      Japanese Women Turn to 'Geisha Guys'

      A new breed of companion is the rage in Japan, entertaining women with lavish compliments, conversation and undivided attention—the male geisha. Businesswomen pay upwards of $1,000 a night for these men, CNN reports—with, industry reps say, nothing physical being exchanged. Hundreds of such services have sprouted across the country, driven in part by the increased spending power of Japanese women. More »

      Tags

      Japan   business   gender   gender roles

  • March 2008
  • February 2008

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