571 posts tagged with business.
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The Luxury Prime

"The rich are different than you and me." A new study out of the Harvard Business School suggests that frequent use of luxury goods and services may encourage a narrower, more self-interested view of the world. Here's a link to the report itself. (Achtung! it's a PDF.)
posted by saulgoodman on Jan 5, 2011 - 72 comments

The once and future e-book

The once and future e-book: on reading in the digital age
posted by Joe Beese on Jan 4, 2011 - 122 comments

Labyrinthine

Labyrinths – not to be confused with mazes – are being rediscovered as tools for contemplation, meditation, reflection, and community well-being, as well as inspiration for architecture, music, dance, ritual, business, and visual art. [more inside]
posted by velvet winter on Dec 20, 2010 - 19 comments

Keep It Pimpin

Keep It Pimpin is a handwritten rhyme-filled pimp business plan, uncovered in Youth Radio's investigation of sex trafficking.
posted by domnit on Dec 11, 2010 - 67 comments

KORUS FTA

The Republic of Korea-United States Free Trade Agreement is the United States' first Free Trade Agreement with a major Asian economy, and its largest trade deal since the North American Free Trade Agreement (NAFTA) in 1993. It has supporters and detractors.
posted by Joe Beese on Dec 6, 2010 - 49 comments

The the real cost of Open Table

A glimpse into the business relationship between restaurants and Open Table. It is not the glowing review you were possibly imagining. This will probably make you think twice next time you go to use it.
posted by halseyaa on Nov 15, 2010 - 101 comments

Control Fraud Theory: When CEOs go bad

Ken Lay & Enron. Bernie Madoff. Bernie Ebbers & WorldCom. What is it about CEOs that makes them uniquely capable of pulling off the most audacious & expensive kind of white collar crime? Control Fraud Theory has the answer. Via the ever-enlightening Bruce Schneier.
posted by scalefree on Nov 8, 2010 - 37 comments

Your new corporate home and personal hell

Synergon is a fully-playable ruleset for BLARPing (Business Live-Action Role-Playing).
posted by BitterOldPunk on Nov 3, 2010 - 21 comments

My Little GTO is GFG

Long-time 3rd place auto maker Pontiac has decided to call it quits. The maker of iconic TransAm and Firebird cars, along with the (cough) less than interesting Aztek, Pontiac has lost market share to Toyota and others, and as of 2009, held the 12th place slot. Pontiac, named for the Michigan city where the company started and an 18th-century Ottawa Indian chief, found itself on the wrong end of G.M.’s government-aided bankruptcy restructuring. Combined with a lack of moving forward with today's market, Pontiac seemed to be living in the past. [more inside]
posted by Old'n'Busted on Nov 1, 2010 - 136 comments

Not Fit for Human Consumption

Mr. Llewellyn [ . . . ] boasts that his safety testing method is foolproof: He and several colleagues sit in a room and take a new product "almost to overdose levels" to see what happens. "We'll all sit with a pen and a pad, some good music on, and one person who's straight who's watching everything," he says. [more inside]
posted by Obscure Reference on Oct 31, 2010 - 57 comments

Apple jailbreaks itself

Apple Inc. is making a version of its iPhone that Verizon Wireless will sell early next year, according to people familiar with the matter, ending an exclusive deal with AT&T and sharpening the competition with Google Inc.-based phones. [more inside]
posted by Joe Beese on Oct 7, 2010 - 99 comments

Ever tried. Ever failed. No matter. Try Again. Fail again. Fail better.

"I don't agree with those who say you should learn from your successes and mostly ignore your failures...I'm hoping that by writing this all out I can offload it from my head and hopefully help inform other people who try to start companies in the future."

One of the founders of Wesabe talks about why he thinks they lost out to Mint in the battle of the personal finance organisers. Related: 25 Best Startup Failure Post-Mortems of All Time.
posted by Hartster on Oct 4, 2010 - 47 comments

Jobs & Myths

Who Creates Jobs? Robert Samuelson at the Washington Post discusses a paper "Who Creates Jobs? Small vs. Large vs. Young" (behind paywall, pre-publication PDF). The thesis is that long term job growth really comes from new start-ups. [more inside]
posted by Long Way To Go on Oct 4, 2010 - 21 comments

Is Groupon worth it for businesses?

Is Groupon worth it for businesses? Depends who you ask. Posies Cafe says no. [more inside]
posted by Windigo on Sep 21, 2010 - 84 comments

The Man Who Makes Your iPhone

The Man Who Makes Your iPhone - Bloomberg Businessweek profiles Terry Gou, the founder and chairman of Foxconn, the controversial manufacturer of consumer electronic devices for Apple, Sony, HP and Dell, among others.
posted by Blazecock Pileon on Sep 11, 2010 - 19 comments

The Financial Documents Baseball Doesn't Want You To See

Today, Deadspin leaked financial documents detailing the finances of several MLB teams, including a few that are getting revenue sharing money. They show that several of MLB's "poorest" franchises turned a profit due to these cash infusions. [more inside]
posted by reenum on Aug 26, 2010 - 56 comments

TJ Secrets

Inside the secret world of Trader Joe's. [more inside]
posted by AceRock on Aug 25, 2010 - 136 comments

American Apparel unravels

American Apparel, the clothing company which became synonymous with the "hipster" look of the 2000s, is facing bankruptcy. [more inside]
posted by acb on Aug 22, 2010 - 137 comments

Green meets green

Interested in how businesses can be more environmentally responsible while maintaining profitability? Greenbiz.com is "the leading source for news, opinion, best practices, and other resources on the greening of mainstream business," with sections focusing on climate, buildings, design, and green computing. [more inside]
posted by albrecht on Aug 12, 2010 - 7 comments

The Tiger Mike Memos

Edward Mike Davis was the owner or Tiger Oil, an oil company operating in Houston during the 1970's. His irascible memos have been an Internet sensation for the past few years. Good things are not meant to last forever, and in 1980, Tiger Oil filed bankruptcy. Davis' hatred of people did not confine itself to the office, as this case shows. Tiger Oil was in litigation in relation to the bankruptcy filing as late as 1989.
posted by reenum on Aug 3, 2010 - 45 comments

Caring with cash

Shared social responsibility - When customers could pay what they wanted in the knowledge that half of that would go to charity, sales and profits went through the roof ... Gneezy describes the combination of charitable donations and paying what you like as 'shared social responsibility', where businesses and customers work together for the public good. (via mr) [also see 1,2,3]
posted by kliuless on Jul 28, 2010 - 19 comments

Show Him the Money

“What we try to do is build an unholy alliance between big guys and little guys." Tom Donohue, leader of the U.S. Chamber of Commerce, goes on the record for an unbelievably revealing interview.
posted by jonp72 on Jul 12, 2010 - 11 comments

the gold at the end of your rainbow

Unicorn Booty features gay-friendly North American businesses who buy a day to be featured with their own custom YouTube video, social media presence, and the opportunity for readers to win or obtain their products at a discount. 10% of their profits go to a different LGBTQ organisation per quarter. Past businesses featured include travel companies, cycling clothing, and grooming products dedicated to gay people.
posted by divabat on Jul 10, 2010 - 20 comments

"Yeah, we have a lot of oil in Scotland."

Say you're a Chinese company wishing to appear more global and well-to-do without all the messy hubbub of hiring a foreigner. What do you do? Drop $44 and rent a white guy.
posted by griphus on Jun 29, 2010 - 90 comments

Judgement Day 2010

Today, June 28, 2010, marks the last day of the 2009-10 session of the Supreme Court of the United States. This day will mark a number of historical events, not only in terms of the cases to be handed down. [more inside]
posted by valkyryn on Jun 28, 2010 - 193 comments

There Is A LIght That Never Goes Out

A firm tied to Thomas Kinkade (previously, previously), the best-selling franchise artist and "Painter Of Light", has filed for bankruptcy
posted by The Whelk on Jun 10, 2010 - 99 comments

The $22 Billion What-If?

Afraid that Jobs' wild spending and Woz's recurrent "flights of fancy" would cause Apple to flop, Wayne decided to abdicate his role as adult-in-chief and bailed out after 12 days. Terrified to be the only one of the three founders with assets that creditors could seize, he sold back his shares for $800. An interview with Apple Computer co-founder Ron Wayne (he also designed Apple's first logo). Had he held out, his shares today would be worth $22 billion.
posted by Chinese Jet Pilot on Jun 4, 2010 - 49 comments

Exploitative Outsourcing?

Outsourcing has been a mainstay of internet marketers and lifestyle designers ever since Tim Ferriss made it popular. But at least one of its biggest proponents is now wondering: is outsourcing exploitative by taking advantage of international economic inequality?
posted by divabat on May 25, 2010 - 60 comments

"F**k Michael Powell. Let him sue us."

Home Depot was having an issue with employees cutting their fingers off while sawing wood for customers. Michael Powell invented a safety device that Home Depot then copied without Powell's permission. Today, Powell won a $25 million judgment in federal court. [more inside]
posted by reenum on May 12, 2010 - 141 comments

you got dick'd

Is a Woman's MBA Worth Less? $4,600. That's how much less women made than men in their first post-MBA jobs, according to research by Nancy Carter and Christine Silva of Catalyst. And it's not because women tend to start at lower positions than men — though they do start at lower positions than men, on average, that's a separate problem. The research controls for job level and industry. What's more, the salary lines aren't parallel; men's salaries start higher, then rise faster. The gap widens over time, even after controlling for factors like having children or differing aspiration levels. The pay just isn't equal.
posted by infini on May 8, 2010 - 96 comments

Hire illegals, lose your property.

If you hire illegal aliens at your business, the federal government can seize your property. In a rare move, the U.S. government is seeking to confiscate the property of an iconic San Diego restaurant that allegedly had a practice of knowingly hiring illegal aliens.
posted by Kraftmatic Adjustable Cheese on Apr 29, 2010 - 115 comments

words fail me

CK Prahalad, Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the Stephen M. Ross School of Business in the University of Michigan passed away on 16th April 2010 after a brief illness. His core competency was strategic insight and vision and his legacy to the world, the concept of the Bottom of the Pyramid, which changed the way big business viewed the teeming, huddled poverty stricken masses of the former third world as micro-innovators, micro-producers and so, micro-consumers in their own right. Among others, his work inspired Ratan Tata as the Nano turned conventional wisdom of automobile manufacturing on its head and paved the way for Indian industry to focus on the high volume/low margin potential of their domestic market. In 2009, he was named the "world's most influential thinker" . Though not uncriticized for his theories on the Fortune at the Bottom of the Pyramid, one can acknowledge his role in overcoming the "tyranny of dominant logic" that the poor should not simply be recipients of charity but demanding customers in challenging environments. RIP, sir. {previously, previously}
posted by infini on Apr 17, 2010 - 14 comments

Consulting, Conscience, and the $16K NDA

The Story He Was Offered $16,000 Not to Tell: A young quant, fresh from MIT, joins the world of international business consulting, is duly scandalized, and returns from the mountaintop to tell of the terrors beheld. Via Reddit.
posted by darth_tedious on Apr 12, 2010 - 95 comments

"This is an open-and-shut case of anti-competitive behavior"

"What happened here in Jefferson County would turn out to be the perfect metaphor for the peculiar alchemy of modern oligarchical capitalism: A mob of corrupt local officials and morally absent financiers got together to build a giant device that converted human shit into billions of dollars of profit for Wall Street" - "Looting Main Street" Matt Taibbi takes an in-depth look into how finance, deregulation, corruption, synthetic rate swaps, and greed decimated Birmingham, AL. [more inside]
posted by The Whelk on Apr 12, 2010 - 42 comments

Deal of the Century.

What might be the most profitable team in professional sports hasn't played a game since 1976. That summer, as the American Basketball Association was completing its merger with the NBA, only four of the six remaining teams were going to be able to join the league. It was the ABA's responsibility to figure out how to pay off the other 2 owners. One owner accepted $3 million, which he eventually used to buy the Boston Celtics. The other owners got a slightly better deal.
posted by empath on Apr 1, 2010 - 23 comments

"One of the symptoms of an approaching nervous breakdown is the belief that one's work is terribly important."

Stress: Our collective mood - "there seems to be a correlation between stress and lack of holidays. More important, however, is whether a relationship exists between either and economic performance. The data is equivocal. On average Americans put in an extra two hours a week compared with UK workers. Yet both countries had almost identical crises, while lazier nations fared considerably better." also btw: Why Women Don't Want Macho Men (cf. A Theory for Why Latvian Women are Beautiful) & Study Shows People In Power Make Better Liars (The psychology of power or The Duke and Dirty Harry)
posted by kliuless on Mar 27, 2010 - 21 comments

Turn me on, dead man

Nine months after Michael Jackson’s death, his estate has signed one of the biggest recording contracts in history, giving Sony, Mr. Jackson’s longtime label, the rights to sell his back catalog and draw on a large vault of unheard recordings.
posted by flapjax at midnite on Mar 16, 2010 - 80 comments

25% of streaming music royalties aren't getting to the artists

1. Create a record label named "Unknown."
2. Form a band named "Various Artists."
3. (step 3 not required)
4. PROFIT!
No, really: Please take your royalty check Royalties are piling up from digital music streams, and a nonprofit has to track down artists who don't know. Then it has to convince them it's not a scam.
posted by planetkyoto on Mar 12, 2010 - 20 comments

Investment Green is People!

Kjerstin Erickson is a 26-year-old Stanford graduate. Would you like to own 6% of her?
posted by william_boot on Mar 4, 2010 - 95 comments

Delightfully tacky, yet overvalued

Rumor has it Hooters is for sale and could fetch up to $250 million. After the death of the chairman Robert H. Brooks about four years ago the company has been run by his son Coby who recently was on an episode of Undercover Boss. A legal battle erupted over Coby's widower step-mom claiming for a larger share of the inhertance under South Carolina's elective share law forcing the company to take on outside investors. Now the company looks to raise cash quick with a defunct airline, casino in default, and countless lawsuits plaguing its profitable salad dressing manufacturing, credit card, and franchise operations.
posted by wcfields on Feb 24, 2010 - 169 comments

30 Minutes or Less

Heroin can now be delivered to your house like a pizza. [more inside]
posted by reenum on Feb 21, 2010 - 81 comments

The Rise and Fall of the Comic Industry's Direct Market and Other Stories

"Since their birth early in the century, comic books had been regarded as a kind of junior magazine and allowed to occupy space on the shelves or spinner racks of newsstands, grocery stores, drugstores, dime stores, and sometimes even bookstores. They caught on quickly and, initially, more than earned their place in those venues, but after the 1940s, the comics industry experienced more downs than ups. The Marvel-led resurgence of the 1960s had foundered by the 1970s to the point where extinction seemed like a real possibility. Comics retailer (and former distributor) Steve Schanes put it succinctly: 'Comics were on their last breath. They couldn’t have lasted another four years.'"

Part One: Fine Young Cannibals: How Phil Seuling and a Generation of Teenage Entrepreneurs Created the Direct Market and Changed the Face of Comics [more inside]
posted by Alvy Ampersand on Feb 21, 2010 - 51 comments

funemployment

How a New Jobless Era Will Transform America
The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. (via rw)
posted by kliuless on Feb 11, 2010 - 84 comments

Pretend Office

Phil Gyford (mefi's own!) realized last year that after he and his friends spent much of their professional lives freelancing, they were missing out on a key part of business life: Office Culture. So he invented his own, launching a synergizing solutioneering company site called Pretend Office complete with stock art. The key component that made the ruse complete was the inter-office @everyone mailing list, which is also online. Through the mailing list, they create the story of the most painful fictitious office on earth. A personal favorite of mine was the Christmas Dinner thread, do step through the conversation.
posted by mathowie on Feb 6, 2010 - 20 comments

Cat Business Trip

Cat Business Trip (SLYT)
posted by Artw on Jan 29, 2010 - 71 comments

Top 5 Reasons Porn-for-Profit Is Dying

Top 5 Reasons Porn-for-Profit Is Dying. (SFW)
posted by Joe Beese on Jan 11, 2010 - 133 comments

10 years later: the AOL-Time Warner merger

How the AOL-Time Warner Merger Went So Wrong Interviews with the key players involved with the AOL-Time Warner merger about its euphoric rise and pitiful fall. [more inside]
posted by zooropa on Jan 11, 2010 - 21 comments

Notown

China is the new Detroit. New car sales in the United States plunged more than 20 percent in 2009 to a 27-year low 10 million vehicles, less than the 12.23 million sold in China during January-November, making the Asian giant the world's largest car market for the first time. That marked a turning point in the global auto industry, which had been led by the Big Three Detroit companies since Ford Motor Co. began mass production in 1913, introducing the world's first conveyor belt system.
posted by four panels on Jan 8, 2010 - 20 comments

A decade of digital music

A decade of digital music Vaguely styled as a timeline, this end-of-the-decade blog post (from UK digital music news source Music Ally) could prove valuable to anyone studying the music business or the intersection between entertainment and technology. The piece links to ten years of stories on digital music - from Napster through to Spotify - allowing us to look back on the issues without the 20/20 vision of hindsight. Gems include the Bluematter scheme from Universal Records in 2000, which comprised 60 non-transferrable, non-burnable tracks for $1.99 each.
posted by skylar on Jan 2, 2010 - 4 comments

Human Relations in the new millenium

If you're going to kill off an entire section of a newspaper and fire all of the staffers who work there, it's probably a good idea to get the Twitter password first. [more inside]
posted by minimii on Jan 1, 2010 - 25 comments

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