June, 2009
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Molson Retirees Complain About Unexpected “Last Call” - June 11, 2009 07:00 PM
In a bid to lower costs, Canadian brewer Molson is cutting back its monthly allocation of free beers for the company’s retirees.
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Tech Sector Sees a Reboot - June 10, 2009 08:00 PM
Thanks in part to today’s tech-savvy youth, the electronics sector is powering forward.
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Starbucks Tip Jar Battle May Be Headed to Supreme Court - June 10, 2009 05:56 PM
A state appellate court in California overturned a $106 million judgment against Starbucks’ method of paying out tip jar funds. But the battle isn’t over yet.
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Grocery Store Sales Remain Robust - June 08, 2009 07:55 PM
Grocery stores, from nationwide chains to local convenience stores, are reporting resilient sales figures. Whatever the economic conditions, people need to eat.
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And Now for Something Completely Different: Emerging Markets - June 05, 2009 07:00 PM
Positive business and financial news of June 5, 2009: Emerging markets are poised to recover well from the recession.
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Recession Leads to Plus-Size Fashion Emergency - June 05, 2009 08:00 AM
Sales of plus-size lines have decreased more sharply during the recession than other lines. Is it smart business to cut back on apparel worn by half of America’s women?
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At-Home, On-Command Entertainment Is a Recession Go-To - June 03, 2009 08:00 PM
TiVo and Netflix’s recent performance show how easy access plus affordability means success during the economic downturn.
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“Three Wolf Moon” T-Shirt Goes Viral, Makes Money - June 02, 2009 07:00 AM
After one Amazon customer mockingly called the shirt a “babe magnet,” online commentary significantly boosted sales, in a rare example of an online viral sensation actually turning a profit.
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The Videogame Sector Has Plenty of Lives Left, Say Analysts - June 01, 2009 08:00 PM
Although sales of videogames were sluggish during March and April, investors are voicing their confidence in the industry.
May, 2009
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“Ate” Is Great: Homey Atmosphere, Affordable Prices Keep Restaurants Flush - May 27, 2009 08:00 PM
Thanks to deft management practices and affordable prices, some restaurant chains are weathering the recession well.
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Music Remains Viable in a Digital World - May 27, 2009 07:00 PM
The music industry continues to struggle with creating a viable business model for online music. But recent sales figures suggest digital music holds promise for major labels and up-and-coming acts alike.
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New Search Engines Show Companies Haven’t Given Up Fighting Giants - May 22, 2009 05:00 PM
Google’s dominance hasn’t stopped other companies, big and small, from starting new search engines and trying to improve on the Web search experience.
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Potential of GPS Failure Overblown, Says Air Force, Vendors - May 22, 2009 07:00 AM
The GAO report stating that the Air Force may begin losing GPS satellites in 2010 has the Air Force and GPS vendors scrambling to do damage control.
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Senate Proposes Tax Increase on Alcohol in the Name of Health - May 21, 2009 08:01 PM
The proposed beverage tax would help provide an estimated 50 million Americans with health insurance. But manufacturers, small businesses and consumers aren’t happy about a possible increase in price.
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Controversial Behavioral Tracking Company NebuAd Is Shutting Down - May 20, 2009 08:00 PM
NebuAd, a start-up that used deep-packet inspection to track online activity, is shutting down after public outrage and Congressional pressure drove away its ISP clients.
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The Recession Can Make You a Better Person - May 20, 2009 05:25 PM
The recession has inspired positive holistic change in American society, and what might be bad for business may actually be good for people.
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Credit Card Legislation to Reshape Customer Programs - May 20, 2009 02:30 PM
The U.S. Senate and House of Representatives have voted in favor of a bill that would curb interest rate and user fee hikes on credit cards. How will this affect credit card holders?
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Wolfram Alpha Takes the Web by Storm, But What Is It? - May 18, 2009 07:00 PM
The newly available search engine Wolfram Alpha offers an entirely new approach to searching online; should Google feel threatened?
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More Analysts See “Sunlight” and “Green Shoots” in Financial Sector - May 18, 2009 07:00 PM
Observers keep saying the economy’s dreary days are coming to an end. Backing up those claims are strong regional bank numbers and Wall Street’s overall rally.
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Workers Find Bullies Aren’t Left on the Playground - May 18, 2009 08:00 AM
A recent piece highlighting strife among female workers is one example of how some people don’t grow out of bullying.
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Pfizer to Provide Free Prescription Drugs to Newly Unemployed - May 15, 2009 03:30 PM
Pfizer will provide free prescription drugs to recently unemployed patients, continuing a trend of companies offering special plans to consumers who have lost their jobs in the recession.
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Will the Recession Be Free-Market Capitalism’s Downfall? - May 15, 2009 07:30 AM
As the world struggles with gloomy economic conditions, some free-market proponents are re-examining their views. But are such crises of conscience anything new?
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Media Sector Has Its Bright Spots - May 13, 2009 07:00 PM
Print media is certainly struggling to find its way at the moment. Yet despite the industry’s troubles, investors see promise within the segment.
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(Silicon) Chips up for Tech and Telecommunications Sectors - May 11, 2009 07:00 PM
Tech and telecoms stocks continue to show recessionary steadfastness, with the latest good news coming from Virgin Mobile and Dish Network. Plus, Microsoft is launching its first-ever bond offering on the back of its top credit rating.
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Lehman Brothers’ Demise Hurts Public Entities, University Endowments - May 11, 2009 07:30 AM
Nearly eight months after the bankruptcy of long-time investment bank Lehman Brothers, its legacy is emerging in budget crunches across America.
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April Economic Numbers Looking Better; Stabilization Equals Optimism - May 08, 2009 07:00 PM
Positive financial news to close out the week: the latest Labor Department data shows fewer first-time applicants for unemployment, retailers posted better-than-expected results for April and more economists are joining the optimism bandwagon.
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Recession, Swine Flu Usher in More Internet Scams - May 08, 2009 08:00 AM
Cash-strapped scammers are increasingly turning to the Internet to take advantage of fears about the recession and panic over swine flu.
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Libraries Skeptical About Proposed Deal Between Google and Publishers - May 07, 2009 07:00 PM
The impending $125 million settlement between Google and book publishers and authors has libraries calling for "rigorous oversight" of Google's plans to house millions of books on the Web.
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Econ Wonks and Top Financiers Agree: Economy is Improving - May 06, 2009 07:00 PM
Federal Reserve Chief Ben Bernanke; Janet Yellen, the head of the San Francisco Fed, and several chief executives—including new media darling JPMorgan Chase CEO Jamie Dimon—agree: the economy is on track to recovery.
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“Best Job in the World” Contest Won by a Briton - May 06, 2009 02:00 PM
Ben Southall, a 34-year-old charity fundraiser and event planner from Petersfield, England, has won the “Best Job in the World” contest, and will become caretaker of an island in Queensland, Australia.