Today is Bill Gates’ last day working at Microsoft, the company he founded in 1975 as a Harvard drop out that now dominates the computer operating system market worldwide. Gates has been at or near the top of the list of world’s richest people for over a decade and will be leaving the day-to-day tasks of overseeing the Windows empire [...]
First and foremost, I am not a beer drinker. I think the stuff tastes really bad, but I do want to make a case for Anheuser-Busch (BUD) staying a US company and resisting the takeover attempt by InBev. InBev is a Belgian brewer and is offering a staggering $46.3 Billion cash takeover of the St. Louis based maker of Budweiser [...]
The largest drug haul in history (by weight) has recently been destroyed in Afghanistan by two British bombers. The marijuana weighed a staggering 237 tons and was too large to move. A loss of $400 Million worth of drugs will surely have an effect on the Afghan drug lords who are believed to be funding weapon purchases for the Taliban [...]
For seven years in a row, the Federal Trade Commission has declared that identity theft complaints top their annual list. In 2006, for example, over 240,000 identity theft complaints were lodged with the commission – a staggering 36 percent of total complaints. Lifelock is a company that can help prevent an occurrence of identity theft by “locking” your personal credit [...]
I find it ironic, but not surprising, that American Airlines is attempting to “pass the buck” to the FAA for its recent spat of mass flight cancellations because of wire bundles in the wheel wells of their MD-80 aircraft. By acting as if the FAA is the one causing the inconvenience on air passengers rather than citing their own incompetence [...]
Warren Buffett, the world renowned CEO of Berkshire Hathaway, has once again earned the title of World’s Richest Person. Buffett beat out Bill Gates after having been the wealthiest person on the Forbes list for the past 13 years. It seems inevitable though that Warren Buffett’s newfound glory will be short lived as Mexican business tycoon Carlos Slim is generating [...]
In one of the most hypocritical moves of the year thus far, the Air Force has contracted with a European company to build refueling tankers for a price of about $35 Billion. I say hypocritical because of the Federal government voting in a stimulus package and warning of an economic slowdown or recession… but then they send a ton of [...]
In a surprise announcement today, Microsoft has offered to purchase Yahoo for $44.6 Billion. If Yahoo’s board approves it will be the largest acquisition in Microsoft history. The $31 per share offer marked a 62% premium for the stock. Yahoo has been struggling of late to compete with online search giant Google, which is suffering from slower profit growth itself. [...]
Is it just me or does the new Hummer HX concept look like a dune buggy? The HX was just debuted by General Motors recently as a concept vehicle at the North American International Auto Show in Detroit, Michigan. The HX is a bio-fuel concept vehicle targeted to the younger consumer looking for a balance between styling and environmentalism. The [...]
I have to say I am extremely happy to see that the California Board of Psychology is investigating Dr. Phil, of book and television fame, for his run in with Britney Spears recently. When I heard him spouting off on the news about his evaluation of Britney Spears I immediately knew it was inappropriate and that he was more than [...]




