39 posts tagged with money and business.
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Sometimes, life is like a box of cacao products

"Enrique Martinez didn't like chocolate, but he was eating as many as 10 pieces a day, drinking chocolate protein shakes and rubbing a chocolate-based skin cream on his face. It was expensive chocolate, too. Martinez and his wife, Michelle, were going through $2,000 in chocolate a month."
posted by reenum on Aug 16, 2014 - 31 comments

The business of internet cat videos

“It isn’t just the crazy cat ladies, although they’re there in droves. It’s the six year-olds chanting the name of their favourite cats. It’s the hipsters there smoking cigarettes, hip-hop dudes, country dudes… It is the kind of thing where you have to learn to make everybody happy,”
posted by jason's_planet on Mar 9, 2014 - 6 comments

Coin Rules Everything Around Me

In 2014, Bitcoin (BTC) has become established as increasingly "real" money with government regulatory interest, law enforcement, and growing acceptance in commerce, but also as the reserve cryptocurrency for hundreds of "altcoins," making them also convertible to legacy money. Foremost among these is Litecoin (LTC), which introduced the scrypt hashing algorithm to cryptocurrency, democratizing coin mining by being best suited to common GPUs rather than Bitcoin's dedicated mining equipment. Recently donated LTC paid for a forest in Madagascar. Peercoin (PPC), next in prominence, introduces "proof of stake" where less energy is spent mining and existing coins pay interest. Dogecoin (DOGE), a fork of Litecoin (previously covered on Metafilter), continues heading to the moon, with more transactions than all other coins combined, thriving markets in digital goods, tipbots, an upcoming party in NYC's Bitcoin Center on Wall Street, much charity, and the recent announcement that new Dogecoins will be generated indefinitely. A selection of other foremost and interesting cryptocurrencies is within. [more inside]
posted by save alive nothing that breatheth on Feb 5, 2014 - 319 comments

Millions of people follow his biblically inspired advice.

The Prophet: Meet Dave Ramsey, the most important personal finance guru in America. There's probably no better way to learn about the financial lives of individual Americans than to spend a few hours listening to The Dave Ramsey Show, which airs in every major media market in the United States...Listen long enough and you realize you are hearing the raw, unfiltered tragedy of the economic plagues facing 21st-century America. [via]
posted by mediareport on Nov 1, 2013 - 86 comments

“You know what you are, you franchise bastards.”

When the announcement had been made that Wimbledon FC would be moved to Milton Keynes, to later be rebranded MK Dons, a meeting was called by Wimbledon fans. Toward the end of a charged meeting in the Wimbledon Community Centre, Kris Stewart, then chair of the Wimbledon Independent Supporters Club, realized that the fans had no chance of hanging on to their club and that no amount of protests would stop the franchise moving to Milton Keynes. In that moment Stewart made his walk through the crowd toward the microphone. “I’m tired of fighting,” he said before issuing a spontaneous rallying cry that has become legendary among fans of AFC Wimbledon. “I just want to watch football.” (SLTheMorningNews)
posted by Rustic Etruscan on Oct 24, 2013 - 9 comments

Antennas for all

Aereo is a web service that allows subscribers to watch broadcast TV on their computers or mobile devices. The broadcast networks are furious. Aereo is ready for a PR fight, and is currently winning the legal battle. Variety wonders: Is Aereo Actually a Good Thing? [more inside]
posted by ThePinkSuperhero on Apr 19, 2013 - 41 comments

Betting on the future

The African King With A Multi-Billion Dollar Empire RBH functions as a communitybased investment company whose primary investment aim is to generate the income required for the funding of sustainable projects. Income generated from RBH’s commercial interests is invested in infrastructural development, as well as in the members of the Nation itself. Over the past decade, more than R4 billion ($475 million) has been spent on roads, utilities, schools, clinics and other public amenities. This has benefited not only the Bafokeng, but other people living in the North West Province of South Africa, the area which the RBN calls home.
posted by infini on Dec 1, 2012 - 5 comments

Tazreen factory fire

At least 112 workers died in Tazreen garments factory fire in Bangladesh. The reasons of the fire are the subject of investigation, but the firefighters put the blame for the tragedy on the lack of fire exits. Since 2006, over 500 garment factory workers died in Bangladesh fires caused often by poor safety standards and shoddy electrical installations. The garments made in the Tazreen factory were sold by C&A, among others. Clothing makes up 80 percent of the country's $24 billion in annual exports.
Last year saw the 100th anniversary of another such tragedy.
posted by hat_eater on Nov 25, 2012 - 31 comments

Money, Power and Politics

In last night's episode of Independent Lens on PBS, filmmaker Alex Gibney presented the case that America's richest citizens have "rigged the game in their favor," and created unprecedented inequality in the United States. "Park Avenue: Money, Power and the American Dream" [video, website]
posted by nowhere man on Nov 13, 2012 - 51 comments

“PHILOSOPSHY”

Kevin Roose of Nymag.com posted about a brand new North Carolinian hedge fund that seemed less than impressive. The fund then started to use a sarcastic quote from Kevin's post as a kind of ringing endorsement on their website. Uh oh.
posted by The Whelk on Oct 6, 2012 - 43 comments

Twilight of the Pr0n

How the Internet Killed Porn.
posted by Artw on Jun 6, 2012 - 132 comments

My Faith-Based Retirement

My Faith-Based Retirement. NYT business journalist Joe Nocera discusses being financially unable to retire.
posted by lalex on Apr 29, 2012 - 156 comments

Edgar Rice Buried

John Carter, previously John Carter of Mars, previously A Princess of Mars, could be the biggest movie write-off of all time.
posted by Artw on Feb 17, 2012 - 382 comments

Excelsior!

How Marvel Comics screwed Jack Kirby out of millions
posted by Artw on Feb 7, 2012 - 92 comments

2061

On November 22, 2011, TEDxBrussels held an all day event whose theme was: "A Day in the Deep Future." Speakers were asked to try and contemplate what life will be like for mankind in 50 years. Overview. [more inside]
posted by zarq on Dec 28, 2011 - 29 comments

"Everyone has pain. It's your job to find it."

Start a home business, get rich quick, win financial freedom! If you watch late-night TV, you've heard it all before. But what's the story behind these slick pitchmen and their dubious schemes? Enter The Salty Droid, your ornery metal guide to the corrupt underworld of scam-marketing scum. This charmingly acerbic bot (owned and operated by mild-mannered Chicago dog-lover Jason Michael Jones [inter-view, long talk + transcript]) is a valiant crusader against the vile con-men who bankrupt the elderly and the desperate with beautiful lies. Exposed so far: A shadowy "Syndicate" of frauduct-pushing personality cults polluting the media with blogspam and woo-woo talking points. Boiler rooms in the Utah desert where telemarketers farm credit from easy targets with cunning, probing scripts [PDF]. Powerful politicians bought wholesale. Believers left to die in fraudulent new-age vision quests. It's a soul-crushing beat, enough to make one feel like a regular catcher-bot in the digital rye. But somebody's got to do it -- preferably someone with plasma nunchucks and titanium skin.
posted by Rhaomi on Aug 31, 2011 - 47 comments

Renting a read from 'newspaper landlords'

The poor in Ethiopia are often unable to buy newspapers, so they 'rent' papers for 20-30 minutes at a time from local entrepreneurs.
posted by reenum on Apr 20, 2011 - 26 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

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

"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

Nails Goes to Wall Street

Lenny Dykstra was lauded for his heroics with the Mets and Philles. After his career, Dykstra became well-known as a post-career athlete success story. Then the truth started coming out... [more inside]
posted by reenum on Oct 27, 2009 - 22 comments

Meeting Ticker

Meeting Ticker -- if this helps shorten even one meeting by one minute, it'll have been worth it.
posted by nthdegx on Jul 17, 2009 - 20 comments

Sir Allen Stanford, the Ponzi artist

The Dark Knight - On Sir Allen Stanford
posted by Gyan on Apr 29, 2009 - 9 comments

Give Your Kid A Tattoo For Their Own Good

SafetyTat- Temporary tattoos designed designed to be used as identification devices for children. Includes several designs for non-verbal and autistic children. Via That's Fit.
posted by ThePinkSuperhero on Apr 12, 2008 - 48 comments

Ups and downs in the world of high art

Is the high end Art market finally tanking? A week or so ago, it sure looked like it. An important van Gogh piece did not sell, Sotheby's stock price went into shock. However, all is well this week as both Christie's and Sotheby's kicked it into high gear and set some new records. [more inside]
posted by psmealey on Nov 15, 2007 - 13 comments

Polo? Gucci? Google? I'm going to be a millionaire!

Do you know a young 20 something hipster who is too busy spending their parents money on beer, poorly fitting clothes and blogging about the newest band reinventing music from 20 years ago? Is their waiter/bartending existence causing you to worry about their long term investment habits? Do they need some fisical responsbility in their young lives? Well you're in luck my friend! Thrasher Funds now offers the first mutual fund targeted to hipsters. With holdings in Apple, Gucci, H&M, and Louis Vuitton, this fund not only has it's pulse on your young hipster's generation, it also dresses the way they want! Get in on it today! via
posted by Stynxno on Nov 8, 2007 - 180 comments

A million dollars ain't what it used to be...

In Silicon Valley, Millionaires Who Don't Feel Rich [NYTimes Link] Mr. Kremen estimated his net worth at $10 million. That puts him firmly in the top half of 1 percent among Americans, according to wealth data from the Federal Reserve, but barely in the top echelons in affluent towns like Palo Alto, Menlo Park and Atherton. So he logs 60- to 80-hour workweeks because, he said, he does not think he has nearly enough money to ease up.
posted by ThePinkSuperhero on Aug 5, 2007 - 142 comments

Honey I've Got Rhymthms I Haven't Sued Yet: Ninja Tune's Matt Black on, among other things, doing business with iTunes

"The iPod’s a great product. However our experience in dealing with them, as regards licensing music for iTunes, has been quite depressing." Coldcut member and indie label Ninja Tune co-founder Matt Black in a pixelsurgeon interview about the new album, the relative relaxation on sample licensing, and iTunes. For another independent perspective on iTunes see The 99c Question - addressing the pressures on iTunes from major labels to raise prices.
posted by nthdegx on Feb 2, 2006 - 21 comments

Gas station debit card OVERcharge

Never use a debit card to pay at the pump: "Each day millions of Americans use their debit card at gas stations to "pay at the pump." What you probably do not know is gas stations have the right to overcharge you a certain amount to ensure they get their money. Each gas station decides how much to overcharge and hold on your account. Some put a $75 or $100 hold on the account while others only hold $5 or $10. But, these stations also decide how long to hold that money. Some hold the money for up to three days. . ." How is this even legal? Am I the last schmuck in the U.S. to find out about this? I just found out that Sam's Club (for example) charges $50 and deposits your change three days later.
posted by spock on Jun 19, 2005 - 94 comments

Economic 'Armageddon'

Economic 'Armageddon' predicted by Stephen Roach, the chief economist at investment banking giant Morgan Stanley. He's been right before.
posted by stbalbach on Nov 23, 2004 - 68 comments

Blogs of the billionaires

George Soros' blog: hot on the heels of the early-adopter in chief, Bill Gates, George Soros has joined the blogging community. Needless to say, the onetime scourge of British monetary policy is not using LiveJournal but he does have a provocative position over the war in Iraq. Warren Buffet by contrast, despite having signed on as a Kerry economic adviser, appears to concur with the pre-emption doctrine. Does anything about the US election make sense anymore? The capital markets seem to have agreed that the outcome point is moot - can popular opinion (.pdf) be far behind? Some disagree. (.pdf)
posted by dmt on Oct 2, 2004 - 8 comments

Spare Any Loose Change For An Innovator?

The hugely popular iTunes is a success story. But not for Apple, which makes virtually no revenue from the online download service. "When that 99 cents leaves your wallet, the RIAA monopoly swallows most of it, and the credit card companies swallow the rest. As the supplicant in this relationship, Apple is left holding the can." Steve Jobs - "We would like to break even/make a little bit of money but it's not a money maker,"
posted by Blue Stone on Nov 7, 2003 - 57 comments

Paypal yanks whatreallyhappened.com account

Yes to sex, no to dissent? The Register reports that PayPal has suddenly closed the account of the stridently skeptical (some say overly conspiratorial, but let's leave that tired debate aside) WhatReallyHappened.com. Here's WRH's response, along with reader comments and anti-PayPal links. Here's a translated Quebec story. "Can one conclude from it that PayPal has leaning for the sex?"
posted by mediareport on Mar 13, 2003 - 30 comments

Radio payola, it just never went away

Silly listeners. Payola in radio isn't "back", it's just back in the news. Read how more than ever radio airplay is not determined by you, creativity, inspiration, nor musical genius, but by the big green. More reasons to try xm?
posted by omidius on Mar 3, 2003 - 17 comments

win ben stein's criticism

Benjamin Stein, host of the show Win Ben Stein's Money fears that the United States is squelching what gives it an edge.
posted by jaden on Dec 14, 2002 - 63 comments

Poverty is Expensive (part 59)

Poverty is Expensive (part 59) The "i-Gen" prepaid MasterCard, available at a Rite-Aid near you, for those who don't have bank accounts (for debit cards) to say the least of credit ratings sufficient to get credit cards. Pay a $10.00 upfront fee, pay another $5 a month plus a "reload" fee of at least $5 every time your card runs down, all for the privilege of letting them hold on to your cash at no interest.
posted by MattD on Jul 7, 2002 - 28 comments

Enron's historical precidents.

Enron's historical precidents. This L.A. Times article discusses the historical precidents to the Enron debacle. My favorite (among lots of good stuff):

"Like Enron, ITT was a big campaign contributor. But Geneen's idea of how to use political influence made Lay and associates look like choir boys. In 1970, the company offered Republicans $1 million and consulted heavily with the Nixon White House and the CIA when Chile's new socialist president, Salvador Allende, threatened to seize the ITT-owned Chilean Telephone Co. Allende was overthrown with U.S. aid."
posted by electro on Feb 22, 2002 - 9 comments

The founders of Webshots.com

The founders of Webshots.com sold out to Excite@home in '99 for $82.5M, they just bought it back--for $2.4M. $6.7B Excite.com goes for $10M and Blue Mountain Greetings ($780M) goes for $35M. A billion here, a billion there and pretty soon we're talking more than pocket change.
posted by m@ on Jan 8, 2002 - 12 comments

Amazon.com keeps adding to the black hole.

Amazon.com keeps adding to the black hole. Looks like Amazon.com has taken a page from the Government's "running the country" book - they keep throwing money at a black hole instead of restructuring what they already have.
posted by bkdelong on Oct 3, 2000 - 2 comments

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