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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: what recession?

what recession? stories: 17 news summaries

 How Australia Dodged 
 the Recession

How one country ducked the economic downturn

Oct 16, 09 5:42 PM CDT
(Newser) - Australia has weathered the financial crisis better than any other developed country. Last week its central bank raised interest rates, indicating its primary concern is now inflation, not growth. What were the keys? Phil Dobbie of BNET explains:
  • Befriending China: Australia used to export much of what it made
... More »

MORE ABOUT:
China • international trade • real estate • Australia • globalization • United Kingdom • United States • trade • housing • recession • global economy • banking • bilateral trade • economy • what recession? • population growth

PRODUCT REVIEW

 Bladeless Fan 
 'Mind-Bending 
 Sensation' 

But at $300, not a hugely different experience from the $10 you have now

Oct 12, 09 8:14 PM CDT
(Newser) - If you’re in the market for a new desk fan, tomorrow brings a new option: Dyson’s bladeless Air Multiplier. It’s “the most opulent, most eye-catching and”—at $300—“most ludicrously overpriced gadget the company has released yet,” Mark Wilson writes. “And I... More »

MORE ABOUT:
fans • household electronics • what recession? • Dyson • bladeless fan

ANALYSIS

 Tiffany's Little Blue Box 
 Keeps Recession Out 

Although new cases tout "Items for under $750"

Jul 30, 09 11:30 AM CDT
(Newser) - Amid the global economic downturn, one American institution stands strong: Tiffany & Co. “Tiffany is as American as guns,” writes Cintra Wilson for the New York Times. “Tiffany has always managed to navigate the dark spells of the economic cycle. It has survived the Civil War, two... More »

MORE ABOUT:
recession • Tiffany • jewelry • Tiffany's • financial crisis • what recession? • Jay-ZTV • Tiffany & Co.

ANALYSIS

 Things We Want, 
 and Don't, in Odd Recession 

Hard-times staples fall by the wayside

Jul 22, 09 11:04 AM CDT
(Newser) - The current economic crisis is breaking the recessionary mold, Time reports, with American purchases running counter to expectations. A few surprises:
  • Soup isn’t selling. Typically, the cheap, decent food is a recession staple, but health concerns and rising prices may be driving us away from it.
  • Organic
... More »

MORE ABOUT:
film • organic food • sex • recession • soup • economy • recession depression • what recession?

 This Guy's 
 Getting $60K 
 to Tweet 
 About Wine 

Winner will live in California, Tweet about wine

Jul 22, 09 8:41 AM CDT
(Newser) - Hardy Wallace recently lost his job—but he’ll soon be making $10,000 a month promoting Murphy-Goode winery on the Web, as the winner of the much-touted “Really Goode Job,” the San Francisco Chronicle reports. The Atlantan, who has a wine blog and has taken sommelier education... More »

MORE ABOUT:
social networking • Internet • California • Web 2.0 • wine • blogging • Twitter • vineyard • what recession? • winery

 Seacrest Seals 
 3-Year, $45M Deal 

Believed to be highest-paid reality host

Jul 13, 09 10:33 AM CDT
(Newser) - Ryan Seacrest isn’t feeling the recession. The ubiquitous TV personality has closed a new deal that's believed to make him the highest-paid reality host, according to the Hollywood Reporter. The American Idol host’s 3-year deal with CKX, Idol’s parent company, is worth $15 million a year—more... More »

MORE ABOUT:
entertainment • reality TV • American Idol • celebrity • Ryan Seacrest • what recession? • reality shows

 $50K Hermes Bag 
 Is Recession-Proof 

In tough times, designer's bag sales are up

Jun 10, 09 3:02 PM CDT
(Newser) - High-end designers everywhere are closing down storefronts, but somehow Hermes’ sales are up. The iconic brand has managed to beat the recession by ignoring it, continuing to sell $50,000 bags that require years on a waiting list to own. “Hermes’ position is unique; it is at the very... More »

MORE ABOUT:
fashion • Victoria Beckham • Hermes • handbag • Birkin bag • what recession? • Jay-ZTV • designer fashion

 Designer Shorts 
 Go Long on 
 Price Tag 

What recession? Some styles cost $775 or more

May 21, 09 11:28 AM CDT
(Newser) - Men’s shorts, once the outfit of choice for working outside or lounging around the house, are the new fancy dress pants—or so designers are trying to convince the world. And the new generation of shorts has the price tag to match, the New York Times reports, with high-end... More »

MORE ABOUT:
fashion • clothing • fashion designer • fashion industry • what recession? • Jay-ZTV • Bergdorf Goodman

(Newser) - A California winery has a tempting offer for tech-savvy oenophiles, the San Francisco Chronicle reports. The Murphy-Goode Winery will set up the right candidate with a $10,000-a-month job at its Sonoma County HQ blogging and Twittering about, well, wine. The 6-month gig includes room and board; the 2-month... More »

MORE ABOUT:
social networking • Internet • California • Web 2.0 • wine • blogging • Twitter • vineyard • what recession? • winery

Walgreens Jettisons
Chia Obama

Afro-sporting pottery planter 'didn't fit our corporate image'

Apr 8, 09 10:43 AM CDT
(Newser) - Walgreens has pulled Chia Obama from its shelves, saying the Afro-growing pottery novelty “didn’t fit our corporate image,” the Chicago Tribune reports. “We didn’t want to be subject to any misinterpretation over the product,” said a spokesman, who said he was misquoted yesterday... More »

MORE ABOUT:
Barack Obama • memorabilia • Walgreens • horticulture • novelty • President Obama • what recession?

(Newser) - Celebrity power revived the art market in Paris for at least one night, the Wall Street Journal reports. Despite the economy, a giddy atmosphere prevailed at Christie's as bidders battled over blue-chip works from Yves Saint Laurent's personal collection, dishing out $32 million more than expected. Only a moody, Cubist... More »

MORE ABOUT:
art • Christie's • Paris • Yves Saint Laurent • art auction • what recession?

(Newser) - Clenched jaws abound during this recession, and a combination of stress-related damage and layoff victims rushing to be treated before they lose their insurance is helping keep dentistry afloat as the economy dives. Dentist's offices last year reported the highest profit margins of any industry, including top moneymakers like accounting... More »

MORE ABOUT:
health insurance • recession • unemployment • dentists • dentistry • profit margins • what recession?

Dudes Get Paid to Goof Off in Recession

CollegeHumor.com brings sophomoric
fun to MTV

Feb 7, 09 4:09 PM CST
(Newser) - High above the streets of Manhattan, where recession fears and Madoff angst prevail, a horde of twentysomethings are filling an office with 40,000 plastic balls—or counting how many bags of Doritos a colleague can eat. Meet the folks behind CollegeHumor.com, the popular, if puerile, website whose TV... More »

MORE ABOUT:
television • MTV • website • CollegeHumor.com • what recession?

 Cobblers in Stitches 
 Thanks to Recession 

Dwindling trade gets boost as Americans pinch pennies

Feb 2, 09 9:01 AM CST
(Newser) - If this recession reaches Great Depression levels, there may not be enough cobblers to go around. There are only 7,000 of them left in the US—down from 120,000 in the 1920s—and their business is piling up faster than they can manage as strapped Americans repair shoes... More »

MORE ABOUT:
consumer • shoes • recession • consumption • weakening economy • cobbler • shoe repair • what recession?

 Apple Harvests 
 Record Profit 

Holiday iPod sales surge defies Wall Street

Jan 22, 09 3:26 AM CST
(Newser) - A late surge in holiday iPod sales boosted Apple quarterly revenue and profits to a record high, reports the Los Angeles Times. Wall Street analysts had predicted a slump of up to 18% in Apple sales, but despite the recession, the company is reporting $1.61 billion in profits on... More »

MORE ABOUT:
Steve Jobs • iPhone • Apple • record sales • Mac • MacBook • iPods • what recession?


 What Slump? 
 Big Blue Sees Growth 

IBM had a good Q4 and says its business services and software sales are solid

Jan 21, 09 8:37 AM CST
(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins... More »

MORE ABOUT:
Google • IBM • Oracle • corporate earnings • Intel Corp • what recession?

OPINION

 Obama Junk Is 
 Recession-Proof 


Jan 19, 09 2:06 PM CST
(Newser) - Say what you want about the economy—“like for example, it blows”—but one business is booming: Crap with Barack Obama on it. From votive candles to toilet paper to “victory plates,” you can find the president-elect’s mug on just about anything these days,... More »

MORE ABOUT:
Barack Obama • memorabilia • sex toys • President Obama • what recession?

17 Stories


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