Business Archives
October 26, 2005
An email between the CEO of Sentient Infotech Pvt. (Rishi) and an ex-employee (Sanjeev). God help me if I ever have to work with people like this. This CEO is so professional in the way he responds as well. He's ...
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Posted by Digger at 03:36 PM
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October 21, 2005
In the continued assault on every person in America, Northwest Airlines is implementing a plan to charge smokers more for health insurance starting in January. An internal memo laid out the plans. I'm sure there's some of you out there ...
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Posted by Digger at 12:57 AM
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October 12, 2005
In a further sign of the disgusting practices of big business we have the recent bankruptcy filing by Delphi and the discovery that they owe their pension funds 10.8 billion dollars. Now I'm a pro-business guy in general until it ...
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Posted by Digger at 12:06 AM
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October 07, 2005
There are two new articles up over at Startup Hints. One deals with market research and competitive analysis and the other deals with networking at events and other functions. "The 5 Easy Steps to Researching Your Market" Learn five easy ...
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Posted by Digger at 09:40 AM
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October 04, 2005
There's a new article over at Startup Hints entitled "How To Write A Startup Business Plan" here is an excerpt: Why do you need to write a business plan? There are a number of reasons. Writing a plan dramatically increases ...
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Posted by Digger at 05:01 AM
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September 30, 2005
Shanghai has been booming over the past 3 years with the massive amount of money coming into the country and the influx of people, but the government has been slapping high taxes and curbing lending in the city and now ...
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Posted by Digger at 09:21 AM
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September 27, 2005
Startup Hints is a new website I have launched in order to help people who are looking at starting their own businesses. I have quite a bit of experience in the startup arena having co-founded 4 companies and lived through ...
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Posted by Digger at 05:06 PM
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Today is the 7th anniversary of Google. In just 7 years Google has turned the whole of the internet on its ear. Not only have they affected search, but advertising, mapping, email and shopping. It's quite an incredible company and ...
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Posted by Digger at 01:38 PM
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September 19, 2005
The former head of Tyco, Dennis Kozlowski, and his finance chief, Mark Swartz, were sentenced to eight-and-a-third to 25 years and order to pay $134 million in restitution. They were accused of stealing over $150 million from the company. So, ...
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Posted by Digger at 09:21 PM
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Venezuelan President Hugo Chavez, who was in New York, failed to mention in his speeches that he's confiscating property in his country. While he called for the UN to be moved and took the time to scold countries, he said ...
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Posted by Digger at 09:05 PM
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September 14, 2005
An investigation into a skin care products supplier in China has resulted in the revelation that the products contain the skin of executed prisoners. Some of these products may have been sold as a third-party ingredient to other companies as ...
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Posted by Digger at 07:18 AM
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September 12, 2005
Starter Edition, Home Basic Edition, Home Premium Edition, Professional Edition, Small Business Edition, Enterprise Edition and Ultimate Edition. Which edition or version of Windows will be right for you? Who the hell knows. In a greedy slap to the majority ...
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Posted by Digger at 10:21 PM
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September 01, 2005
With oil hitting a record $70 a barrel recently some wonder if it'll ever end. Steve Forbes predicts it will and that it could be more spectacular than the dot com crash. Forbes "I'll make a bold prediction... in 12 ...
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Posted by Digger at 12:47 PM
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June 17, 2005
First there was $350,000 stolen from New Yorkers by employee's at an India call center, then 700,000 customers put at risk by PNC, Bank of America, Wachovia and Commerce bank and then 3.9 million Citigroup customers put at risk by ...
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Posted by Digger at 10:14 PM
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June 07, 2005
I'm wondering if this has been going on for decades and is now just being discovered or if these companies are just totally incompetent. Citigroup has reported that 3.9 Million customers are potentially at risk due to backup tapes that ...
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Posted by Digger at 08:03 AM
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June 03, 2005
A Harvard University economist report out shows that there would be a savings of $7.7 billion in federal and state spending and a net income of $6.2 billion in revenue if Marijuana was legalized. Over 500 economists worldwide have publicly ...
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Posted by Digger at 02:06 AM
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May 29, 2005
(Las Vegas, Nevada) According to this report, a national advertising campaign that states "What happens in Vegas, stays in Vegas" has created a blitz of business for private investigators. Nervous spouses and significant others have retained the private eyes to ...
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Posted by Mike Pechar at 10:27 PM
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April 28, 2005
A recent article over at Slate points out that more Americans are paying off their credit cards as interest rates are heading up. This has been eating into the profits of many credit card companies. This should be a springtime ...
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Posted by Digger at 05:41 AM
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April 08, 2005
I guess when you're incompetent and start to lose credibility people don't want to be associated with you. Money/CNN General Motors Corp. has pulled its advertising from the Los Angeles Times over what it called factual errors and misrepresentations in ...
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Posted by Digger at 08:25 PM
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March 19, 2005
Wal-Mart will settle a suit with the US government over allegations of using illegal aliens to clean its stores. Without admitting wrongdoing, or any of it's members being charged, Wal-Mart will pay $11 million, an amount a spokeswoman for the ...
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Posted by Digger at 07:46 AM
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March 18, 2005
PoliBlog has a piece where he dismisses farm subsidies as a waste of money and that farms should be allowed to die if they aren't profitable. Spurred by this recent article where the U.S. Secretary of Agriculture talked of cuts ...
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Posted by Digger at 04:08 AM
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March 16, 2005
TiVo has been struggling and many people have forecast it's demise with the cable companies releasing their own DVR services and equipment. It now seems TiVo may survive as a software only company for enhanced DVR services. Forbes TiVo Inc., ...
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Posted by Digger at 04:38 AM
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Good to see these thieves being found guilty. CNN/Money Bernard Ebbers, the former CEO of WorldCom, was found guilty Tuesday for his role in the huge accounting scandal that led to the largest bankruptcy in U.S. history. A federal jury ...
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Posted by Digger at 04:33 AM
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March 13, 2005
The Save Our State rally against Home Depot yesterday seemed to go off well. They were protesting Home Depot's support and work with La Raza a group that is in support of returning the southwest states to Mexico. They ...
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Posted by Digger at 01:01 AM
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March 12, 2005
I meant to get around to posting this earlier since today is the protest. Save Our State is having a massive protest against Home Depot today. The protest will be March 12 from 8AM-11AM at: Home Depot 11884 Foothill Blvd ...
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Posted by Digger at 03:34 AM
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5 years ago the NASDAQ hit it's all time high of 5048.62. I lived through that period in Santa Clara, which is in the center of the Silicon Valley and the heart of the dot-com boom. I lived a few ...
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Posted by Digger at 12:04 AM
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February 10, 2005
Outsourcing continues in the IT field and America will suffer for it. Lack of innovation, selling our secrets to other nations and housing sensitive data in places it shouldn't be are just a few of the detrimental things that will ...
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Posted by Digger at 01:36 AM
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February 06, 2005
Virtually all of a record $16.6 billion dollars sent back to Mexico were from workers in the US. The amount is a 24% increase over last year, according to the Bank of Mexico, and is the second highest industry in ...
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Posted by Digger at 08:30 AM
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January 17, 2005
A 35-year-old help desk employee has been sentenced to 14 years for Identity Theft. Philip Cummings stole personal information from more than 30,000 customers and then passed that information onto criminals. Losses to the victims are estimated at $50-$100 million. ...
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Posted by Digger at 05:41 AM
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December 10, 2004
There's an article out on the business of blogging. It's has lots of interesting comments by people in the industry and covers this quick moving industry (yep we're an industry). Businessweek Just a year ago, blogs were viewed as a ...
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Posted by Digger at 04:40 AM
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The Education Wonks have a piece that works up some of the trade numbers with China and the recent selling of IBM's computer division to a Chinese company. Here's a little taste. The United States levies import taxes of about ...
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Posted by Digger at 03:57 AM
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November 17, 2004
All I can really say about this is WTF? I mean the K-Mart name is tainted, the Sears name has been going crappy for awhile and now merged together they are supposed to change their collective bankrupt asses into a ...
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Posted by Digger at 01:07 PM
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Well here we go! When California starts cranking up you know the economy is going to take off in America. With everyone writing California off as a bankrupt state, this is positive news for the nation. I would just like ...
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Posted by Digger at 10:00 AM
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November 16, 2004
Businessweek's latest article The Online Ad Surge details how the online advertising world is booming. With a growth rate of 28.8%, estimates are that it will end the year as a $9.3 billion industry. A year ago, media buyers could ...
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Posted by Digger at 03:25 AM
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November 05, 2004
Doing some digging into actual facts, Bill over at INDC Journal, has crunched the numbers on current job growth, growth forecasts and current job loses under President Bush. What is phenomenal is that with the news out that 337,000 jobs ...
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Posted by Digger at 01:06 PM
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November 03, 2004
The stock market soared after it was announced that John kerry had called the president and conceded the election. As of 9AM the Dow is up 140, the NASDAQ is up almost 27 and the S&P up a little over ...
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Posted by Digger at 08:55 AM
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October 07, 2004
David Anderson at In Search Of Utopia recently put together a show with Motorola as the main sponsor. They had cut a deal in order for Motorola to be the main sponsor. Now I've always been a huge fan of ...
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Posted by Digger at 05:04 PM
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September 02, 2004
There.com was "an online getaway where you can hang out with your friends and meet new ones--all in a lush 3D environment that's yours to explore!" The real nature of There was to charge people real money to go online ...
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Posted by Digger at 12:41 PM
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