Archive | Business RSS feed for this section

'River of oil': The tale of a ruptured Exxon pipeline that spilled thousands of barrels of crude in an Arkansas town

11 Apr

Reblogged from Financial Post | Business:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post

MAYFLOWER, Arkansas — Warren Andrews had just finished putting up balloons for his stepdaughter’s 18th birthday party at their suburban home in Mayflower, Arkansas, when his wife came inside and said something was wrong.

After stepping out of his house, and taking one glance, he immediately dialed 911.

A rejection of the Keystone XL pipeline by President Barack Obama would push more of Canada’s US$73-billion oil exports onto trains, which register almost three times more spills than pipelines.

Read more… 2,028 more words

U.S. sends in $900M anti-missile radar array as North Korea vows to fire up nuclear reactor

2 Apr

Reblogged from National Post | News:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post


As North Korea pledges to never abandon its nuclear capabilities, the National Post’s Scott Barber looks at the escalating rhetoric coming from the Hermit Kingdom, and the world’s response.

March 7
The U.S. “is set to light the fuse for nuclear war,” said a spokesman for the North Korean foreign ministry after the UN Security Council passes tougher sanctions against North Korea.

Read more… 1,419 more words

Canadian warship seizes $100-million of heroin in 'massive' high seas bust

31 Mar

Reblogged from National Post | News:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post

OTTAWA — A Canadian warship has made a major drug bust at sea.

The Department of National Defence says the HMCS Toronto has seized around 500 kilograms of heroin from a boat in the Indian Ocean.

The drugs were found after a naval boarding party searched the vessel as part of a security operation this past Friday.

"During this inspection, the boarding team recovered approximately 500 kilograms of heroin with an estimated street value of more than $100 million," the defence department said in a release Sunday.

Read more… 207 more words

The Theft of "Black Gold" on the High Seas

29 Mar

Reblogged from Lori Ann LaRocco's Blog:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post

Pirates have been romanticized in the movies and books for years, but the reality of these individuals is anything but sexy or exciting. Recently at the distinguished Heidmar Marine Forum, I had the privilege of speaking on a panel talking about America's Energy Revolution. While sitting in the audience waiting for my panel to begin, I listened to a very sobering topic- the Piracy in West Africa.

Read more… 1,279 more words

Jeff Bezos: The Smart People Change Their Minds

19 Oct

Reblogged from TechCrunch:

Amazon.com Founder and CEO Jeff Bezos stopped by the 37signals office yesterday and offered some wise thoughts about strategy. His views are especially refreshing in a time when people who change their views often get portrayed as weak and lacking confidence.

37signals Founder Jason Fried shared what Bezos said in a blog post he published this morning. After talking for 90-minutes about product strategy, Bezos impressed Fried with his observations about people who are "right a lot."

Read more… 186 more words

The end of piracy? Somali heyday seems over as militaries defend against attacks

27 Sep

Reblogged from National Post | News:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post

HOBYO, Somalia — The empty whisky bottles and overturned, sand-filled skiffs that litter this once-bustling shoreline are signs that the heyday of Somali piracy may be over. Most of the prostitutes are gone, the luxury cars repossessed. Pirates talk more about catching lobsters than seizing cargo ships.

Read more… 1,321 more words

Twitter marketers: why almost everything you know from Facebook is wrong

30 Jun

Reblogged from VentureBeat:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post

Are you an expert Facebook marketer? If so, that could be bad news, because when it comes to Twitter, everything you know is wrong. Well, many things.

Buddy Media, the social media engagement company, recently completed a study of 320 top brands on Twitter -- Fortune 1000 companies like Coke, American Eagle, Microsoft, and Nike -- looking at what works and what doesn’t to get maximum engagement, and the greatest degree of virality.

Read more… 625 more words

Sheryl Sandberg, Facebook's Long-Time COO, Becomes First Woman On Its Board Of Directors

25 Jun

Reblogged from TechCrunch:

Sheryl Sandberg, Facebook's four-year chief operating officer, has a new position -- and one many people thought she should have gotten long ago. She's now the first woman on the company's board of directors.

She'll have her own vote in all company matters, Facebook confirms with us. Board members of the public company are elected by the existing board or by shareholders (in this case she was elected by the other members).

Read more… 221 more words

Oddly Enough, I Don't Hate Business Insider Because Of Its Brilliance

24 Jun

Reblogged from PandoDaily:

Click to visit the original post

To head off any allegations of inter-blog rivalry, let me start off by saying that Sarah loves Business Insider. Clicks for hours, she does. Adores every preposterous headline and asinine slideshow. She explains as much in this episode of "Why Isn't This News."

I, as any of my Twitter followers will testify, do not care for Business Insider. I hate those headlines and slideshows for the same reason as Sarah loves them.

Read more… 932 more words

CEO Supper Club: The Point of the Evening When We All Lose Our Minds

22 Jun

Reblogged from PandoDaily:

And now we come to the end of our CEO dinner, when the wine kicks in, and I lose complete control of the interview.

We start by asking everyone for their mediocre super powers...and.... I'll just let you watch the rest.

Here are our previous segments on Phablets, consolidation, fundraising, whether software companies still need salesforces, what companies…

Read more… 110 more words

Problems For Monetization: Lawsuit Forces Facebook To Let You Opt Out Of Sponsored Story Ads

21 Jun

Reblogged from TechCrunch:

Click to visit the original post
  • Click to visit the original post
  • Click to visit the original post

Facebook's business model just hit a stumbling block, as the social network is being forced to let users opt out of having their likenesses repurposed as endorsements in Sponsored Stories ads. The requirement of opt out controls comes as part of a settlement of a class action lawsuit where five Californians said they did not consent to having their names, faces, and activity used to promote companies who paid Facebook.

Read more… 1,254 more words

CEO Supper Club: If You Could Run Any Business Other Than Yours, Which Would It Be?

21 Jun

Reblogged from PandoDaily:


A few weeks ago we grabbed Jive's Tony Zingale, Box's Aaron Levie, Atlassian's Jay Simons, and Wells Fargo analyst Jason Maynard, and we took them to the Michelin starred restaurant The Plumed Horse. We gave them courses and courses of delicious, tiny food and lots of wine.

And we rolled six cameras the whole time.

As we've started to post snippets of those conversations this week, I've gotten emails from each of them that all say a variation of the following: …

Read more… 92 more words

Not a Kodak Moment: Apple being sued by Kodak over patents

19 Jun

Reblogged from VentureBeat:

Click to visit the original post

Apple is being sued by Kodak, the camera company that recently filed for bankruptcy, for a number of patents, which Apple says Kodak doesn't have the right to sell.

According to Reuters, the Cupertino-based company is standing in the way of Kodak auctioning off its patents as part of its bankruptcy deal. Kodak filed for bankruptcy in January and must liquidate its assets, including its patent portfolio, in order to pay back a nearly billion-dollar loan the company borrowed to stay afloat.

Read more… 139 more words

4 cardinal sins of work communication

19 Jun

Reblogged from Fortune Management & Career Blog:

Click to visit the original post

With the variety of communication methods available, it's easy to grow frustrated by annoying associates or clueless clients. It's also easy to find yourself becoming a pest.

FORTUNE -- Everybody knows a communications outlaw. Maybe it's the colleague who sends you three emails in the space of an hour, each with partially formed ideas about a project. Or the conference call host who lets the conversation ramble, without any thought of an agenda.

Read more… 938 more words

Want Happier Employees? Get Rid of the Bosses

19 Jun

Reblogged from Business & Money:

Click to visit the original post

For many employees, a job is a place they go because they have to. They have to pay the bills. They have to get in by 8, work 8 hours, and leave by 5. They have to report to their boss because he has to report to his boss who has to report to... you get the idea.

If your employees are spending well over a third of their time doing things simply because they have to, it should come as no surprise if they seem, well, a little less than motivated.

Read more… 1,127 more words

Virgin Galactic Hits Milestone As Commercial Space Travel Rockets Toward Reality

16 Jun

Reblogged from TechCrunch:

  • Click to visit the original post

NASA may not be sending anyone to Mars anytime soon, the exploration of space and beyond - though on a much smaller scale - is being spearheaded by folks like Richard Branson and Jeff Bezos. (Maybe you've heard of them.) Though Bezos and Blue Origin continue to work under a veil of secrecy in Texas, Virgin Galactic keeps humming along in the Mojave having recently scored a major milestone for the sub-orbital space tourism arm of Branson's Virgin empire.

Read more… 246 more words, 1 more video

CEO Supper Club: Meet America's Lone Phablet Owners

16 Jun

Reblogged from PandoDaily:

Theoretically someone is buying the Galaxy Note, but who would have thought it was actual tech snobs doing it?

Following up on Andrew's story about the surprising return of the stylus, we bring you a sighting of the Galaxy Note "phablet" in the wild.

This video is part of a new thing we're trying at PandoDaily. Semi-regularly, we'll get four CEOs, entrepreneurs or thought leaders together.

Read more… 155 more words

Former Quantitative Trader Spurns Wall Street to Explore the Final Frontier

15 Jun

Reblogged from Observer:

Click to visit the original post

"The old paradigm that I'm trying to get rid of is that space is for governments and the super-rich, and it takes years, and it costs millions of dollars, and I say this is just wrong" said Peter Platzer, an Austrian-born former CERN physicist and hedge fund quant who was in town to promote his start-up NanoSatisfi. "It's the democratization of innovation.

Read more… 945 more words

Will Microsoft try to take on Apple by manufacturing its own tablet?

15 Jun

Reblogged from 9to5Mac:

Click to visit the original post

Microsoft is allegedly prepping to directly compete with Apple in the tablet market

The Redmond, Wash.-based Company scheduled an event in Los Angeles on Monday to make a "major announcement." AllThingsD reported earlier this week that the event would unveil Microsoft's tablet plans:

  • After signaling for months that it would attack the market only through its traditional hardware partners, Microsoft has decided to enter the tablet business more directly.

Read more… 404 more words

Argentina's YPF soars most in three years after billionaire Slim gets 8.4% stake

15 Jun

Reblogged from Financial Post | Business:

Click to visit the original post

YPF SA climbed the most in three years after Mexican billionaire Carlos Slim became the fourth-largest stakeholder in Argentina’s top oil producer.

Slim controls 32.9 million of YPF’s Class D shares, or an 8.4% stake worth US$345-million, according to a regulatory filing yesterday from the Buenos Aires-based company. A loan default prompted Argentina’s Eskenazi family to sell the shares to Slim.

Read more… 721 more words

PandoList: Top 5 Innovative Kid-Centric Startups

15 Jun

Reblogged from PandoDaily:

Click to visit the original post

This week we checked out the LAUNCH Education and Kids conference, where we had the chance to listen to lots of amazing companies pitch ideas that showcase the way they're using technology to improve education. You can imagine how difficult it was to pick only five to profile.

Nonetheless five were picked. You may have heard of Launchpad Toys, the company that created Toontastic and ToonTube.

Read more… 78 more words

Dress shirt uses spacesuit technology to keep you dry on your bike commute

14 Jun

Reblogged from Grist:

Click to visit the original post

You know how you don't bike to work because you get hot and sweaty and gross? A group of MIT graduates has stolen that excuse. They copied technology from spacesuits and used it to make what BikeBlogNYC has rightly dubbed "the TANG of dress shirts" -- a sharp-looking top that regulates your body heat. No sweaty pit spots! No overheating before your meeting!

Read more… 317 more words

Kurrenci Is Money For The Web... With A Twist

14 Jun

Reblogged from TechCrunch:

  • Click to visit the original post

Sometimes an idea is so out there that it's hard to even explain clearly without sounding like a crazy person. Kurrenci is one of those ideas.

Kurrenci is money for the Internet. You "buy" Kurrenci (or earn it through browsing and other interactions) and then you can use it at various locations on the Web, including ecommerce sites, gaming services, and peer-to-peer payments.

Read more… 177 more words

Farm rentals, dumpster dives: Europe crisis is mother of invention

14 Jun

Reblogged from Grist:

Click to visit the original post

In the midst of Greece's economic crisis, one entrepreneur has come up with a novel way to earn extra cash: He's renting out farmland. Dimitris Koutsolioutsos started gineagrotis.gr to connect city dwellers to rural farmers. The urban resident rents out a section of the farmer's land to grow whatever produce is desired, which is then delivered to the city each week -- either to the resident or, if desired, a local soup kitchen.

Read more… 276 more words

As Google Founders Sell Millions In Shares, They Still Keep Total Control (GOOG)

12 Jun

Reblogged from 24/7 Wall St.:

Click to visit the original post

Google Inc. (NASDAQ: GOOG) is a company caught somewhere in the middle of public companies and private companies as far as investors should be concerned.  The dual class of shares allows the founders to maintain absolute control, even as they sell common stock.  Both Sergey Brin and Larry Page have become billionaires and are certainly among the most influential web executives out there. 

Read more… 170 more words

%d bloggers like this: