Starbucks' 4Q Profit Down 97%, Same-Store Sales Drop 8%

It looks like I'm not alone in moving on from Starbucks.  The food there is terrible and the stores are really starting to look shoddy.  Personally I've taken my coffee drinking business (which, I admit is...

German Economy Enters Worst Recession in 12 Years

European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...

British Airway profits dive 92pc in 'one of bleakest six months on record'

British Airways has revealed that it is in deep trouble, with its profits falling 92 percent in the past six months. The company sited rising fuel costs as one of the problems as well as a dropoff in demand.""The...

Kicking the Bottled Water Habit at Chez Panisse and Blue Plate

Since I never visited the Bay Area, I cannot pretend having first hand impressions on either restaurants.I did find out thanks to Kicking the bottle by Tracey Taylor (FT, November 1st) that a number of restaurants including these 2 are now serving filtered tap water.Tracey...

Look into profiteers’ pockets too

It is quite natural for doctoral degree-holding economists and financial analysts to absolutely fail in making out the grassroot meaning of the current world financial recession since they are too theory-oriented in their analysis and predictions. They basically look at what...

Oil companies make billions in profit from the increase in oil prices

"Exxon Mobil smashed its own record for quarterly profits yesterday, ringing up $14.83 billion in net income thanks to soaring summertime crude oil prices. But with crude oil prices now less than half their July peak and the economic outlook bleak, the record may stand for a...

Asian markets continue to slide; Nikkei down 414pts

Asian markets are once again down deep into red despite some bounce back on the Wall Street. Asian stock markets suffered fresh losses on Friday as fears grew that the financial crisis is taking a heavy toll on corporate earnings in the region. " ASIAN stock markets...

NBC reports financial loss after Beijing Olympics, claims profit is on the way

NBC, one of the largest American television networks, held the exclusive right to host the 2008 Summer Olympics Games coverage for the US. Despite generating over $1 billion in revenue from the Olympic coverage, NBC...

Whale Shark to be held Captive Indefinitely... what a surprise!

Following on from my earlier story about the Whale Shark caught off the coast of the UAE and taken to the newly opened Atlantis hotel for 'observations', new information has come to light on the future of this...

Prada crocodile-skin supplier sees growth despite downturn

Thats the way world goes on, we kill animals for our luxury then waste mollins of dollars in conferences summits and different so called campaigns.Wake up call for Environmentalist , one more specie in their...

US will welcome its small cars

"A top Ford Motor Co. executive says market research shows the company's coming line of global small cars will be well received in the U.S. Derrick Kuzak, group vice president of global product development, says the European-designed Fiesta subcompact and Focus compact...

Now buy gold and silver to profit from the Wall Street crash! « Peter J. Coo...

" Gold has fallen in value over the past couple of months while the dollar rallied in value. That rally is now over, and the dollar will fall sharply. This will bring gold and silver prices back to their earlier levels, and on to new all-time highs. "

Small Business Expenses that are Tax Deductible

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit. What Can I Deduct? To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one...

Proclaim Jubilee Throughout the Land! [Abolish the Fed]

Phil Gramm tells people to "quit whining" when he had much to do with the deregulation of the banking industry and the involvement of wall street that blew up the housing bubble and burst it. People are generally willing to work for money that will put food on the table, pay...

Wacky Business Idea #9: Stockpiling Garbage

Last week I was getting bummed out about the impending ecological collapse that seems more assured with each passing day.  Then I had an idea that gave me reason for optimism.  What if, as the cost of...

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